Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Aleks Pop-Vasileva
Contact via aleks.pop-vasileva@mq.edu.au
E4A 330
Tuesday 10am - 12pm
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Credit points |
Credit points
3
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Prerequisites |
Prerequisites
39cp including ACCG200(P)
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This is the second of three undergraduate units in cost and management accounting and is necessary for ICAA, CPA and NIA membership. The unit focuses on strategies, cost/customer/supplier management, performance measurement systems, transfer pricing, capital expenditure analysis, capacity management, motivation, and sustainability from a management accounting perspective. By the end of this unit students should be able to propose coherent strategies and employ various approaches to measuring and managing organisational performance. In addition, students should be able to apply appropriate management accounting technologies to effectively and efficiently manage suppliers, customers, costs and quality to support organisational strategies. These outcomes contribute to the development of critical, analytical and integrative thinking and the ability to be aware of environmental and social impacts of organisational decision making.
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Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Name | Weighting | Due |
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Assessed Coursework | 15% | Weeks 2-13 |
Case Study/Report | 20% | Week 12 |
Class Tests | 15% | Weeks 4 & 9 |
Final Examination | 50% | University Examination Period |
Due: Weeks 2-13
Weighting: 15%
Submission:
Six (6) collections will be made at random during tutorials. The work collected will include the weekly tutorial homework and/or additional tutorial examples attempted in class. Best five (5) of these will be equally counted towards the 15% weightings. All homework submissions must be typed; handwritten submissions will not be accepted.
Extension:
No extension will be granted
Penalties:
A mark of ZERO will be assigned for late submission
Due: Week 12
Weighting: 20%
Students will work in small groups. At the tutor’s discretion students will be assigned to a group of 3 to 4 students. Tutors will randomly assign students with topics in the tutorial in Week 3.
Submission:
Submissions will occur in the tutorials in Week 12
Extension:
No extension will be granted
Penalties:
A mark of ZERO will be assigned for late or non-submission
Due: Weeks 4 & 9
Weighting: 15%
Submission:
In-tutorials for 20 minutes (each class test is worth 7.5%)
Extension:
No extension will be granted. No supplementary test will be provided
Penalties:
Test weightings for only one test will be added onto final exam weightings for students who get special consideration approval
Due: University Examination Period
Weighting: 50%
Examination conditions:
Three (3) hour closed book final exam.
Non-programmable calculators with no text retrieval capacity are allowed
Dictionaries are not permitted
What is required to complete the unit satisfactorily:
1) Satisfactory completion of all assessment tasks
2) To pass this unit a student’s overall performance must be satisfactory, and additionally he/she MUST PASS the final examination
In order to be eligible for supplementary examination a student must have satisfactorily performed in all internal assessments. If a Supplementary Examination is granted as a result of the Special Consideration process the examination will be scheduled as per the Supplementary Examination timetable of the Faculty. Please note that the supplementary examination will be of the similar format as the final examination.
Lectures
Students must attend a one and a half-hour (1 x 1.5hr) lecture every week; lecture attendance is critical to students’ learning in this unit. The lectures provide a general overview of the topics highlighting a number of concepts and techniques; include instructor-led discussions and other lecture activities. Non-attendance of lectures may result in students not being successful in this unit. Lecture slides will be available prior to the lectures, the Friday of the week before the lectures, at the unit’s Web site at: http://learn.mq.edu.au The lecture will also be available via ilecture after the last lecture on Friday.
Tutorials
Each student must register for a tutorial group. There will be a one and a half-hour (1 x 1.5hr) tutorial each week from week 2 up to and including week 13. It is also an assessment requirement of this unit that students attend at least 10 of the 12 tutorials in this unit. Tutorials provide an opportunity for students to earn marks toward tutorial assignments, group research reports and in-tutorial tests.
Prizes
There are prizes for this unit, namely the CPA Australia Prize for 300-level accounting and a Macquarie University Accounting and Corporate Governance Prize. See the following website for more information:
http://www.businessandeconomics.mq.edu.au/undergraduate_degrees/prizes_scholarships
Prescribed Texts
The prescribed text can be purchased from the Macquarie University Co-op Bookshop, and there are also copies of these texts placed on closed reserve in the Macquarie University Library.
Recommended Academic Journals
Please note that these journals are available electronically through Macquarie University Library.
Students are required to use information technology in this unit.
Students will need to use:
You can check that your computer’s software and hardware compatibility with Macquarie University Blackboard standard requirements at: https://learn.mq.edu.au/webct/RelativeResourceManager/25994001/Public%20Files/uw/software.html.
Unit Web Page
Course material is available on the learning management system (iLearn).The web page for this unit can be found at https://ilearn.mq.edu.au/ through which students will be able to access resources to support your learning throughout the semester. You must regularly visit the website and use it as a resource centre to assist with your learning.
The following course materials and information will be available on Blackboard:
If you are unable to access the website because you are not aware of or have forgotten your username and password, please contact the IT helpdesk located on Level 1 of the Library on 9850 6500. The IT helpdesk will also be able to assist you with using ilearn. Please note that there is also a help feature in ilearn and you may refer to this instead for assistance in using ilearn. Please remember to log out when you have finished using ilearn. Failure to do so could result in unauthorised access to your ilearn account.
Week |
Topic |
Reference/Readings |
1 |
Management Accounting: an overview |
Chapter 1(Langfield-Smith et al., 2012) Chapter 1: Managerial Accounting: It’s more than just crunching numbers (Garrison et al., 2012) |
2 |
Strategy and Strategic Management |
Chapter 4 (Ghillyer, 2012) |
3 |
Managing Cost and Quality |
Chapter 16 (Langfield-Smith et al., 2012; pp736-751; pp754-760) Chapter 9 (Stevenson, 2012; pp370-408) |
4 |
Capacity Management (including Theory of Constraints) |
Chapter 16 (Langfield-Smith et al., 2012; pp751-753) Chapter 7 (Paton et al., 2011; pp207-228) |
5 |
Managing Suppliers and Customers (including time management) |
Chapter 15 (Langfield-Smith et al., 2012; pp684-693; pp701-711) |
6 |
Managing Inventory |
Chapter 15 (Langfield-Smith et al., 2012; pp693-701) |
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Mid-Session Recess |
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7 |
Financial Performance Reports and Transfer Pricing |
Chapter 12 (Langfield-Smith et al., 2012) |
8 |
Financial Performance Measurement Systems |
Chapter 13 (Langfield-Smith et al., 2012; pp606-618) |
9 |
The Balanced Scorecard (BSC) and Benchmarking |
Chapter 14 (Langfield-Smith et al., 2012) |
10 |
Capital Expenditure Decisions |
Chapter 21 (Langfield-Smith et al., 2012) |
11 |
Motivating Employees and Compensation |
Chapter 13 (Langfield-Smith et al., 2012; pp618-623)
Chapter 10 (Ghillyer, 2012) |
12 |
Sustainability and Management Accounting |
Chapter 17 (Langfield-Smith et al., 2012) |
13 |
Review and Final Examination Preparation |
Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:
Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html
Assessment Policy http://mq.edu.au/policy/docs/assessment/policy.html
Grading Policy http://mq.edu.au/policy/docs/grading/policy.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Grievance Management Policy http://mq.edu.au/policy/docs/grievance_management/policy.html
Disruption to Studies Policy http://www.mq.edu.au/policy/docs/disruption_studies/policy.html The Disruption to Studies Policy is effective from March 3 2014 and replaces the Special Consideration Policy.
In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
The nature of scholarly endeavour, dependent as it is on the work of others, binds all members of the University community to abide by the principles of academic honesty. Its fundamental principle is that all staff and students act with integrity in the creation, development, application and use of ideas and information. This means that:
Further information on the academic honesty can be found in the Macquarie University Academic Honesty Policy at http://www.mq.edu.au/policy/docs/academic_honesty/policy.html
Macquarie University uses the following grades in coursework units of study:
Grade descriptors and other information concerning grading are contained in the Macquarie University Grading Policy which is available at:
http://www.mq.edu.au/policy/docs/grading/policy.html
If, at the conclusion of the unit, you have performed below expectations, and are considering lodging an appeal of grade and/or viewing your final exam script please refer to the following website which provides information about these processes and the cut off dates in the first instance. Please read the instructions provided concerning what constitutes a valid grounds for appeal before appealing your grade.
The University is committed to equity and fairness in all aspects of its learning and teaching. In stating this commitment, the University recognises that there may be circumstances where a student is prevented by unavoidable disruption from performing in accordance with their ability. A special consideration policy exists to support students who experience serious and unavoidable disruption such that they do not reach their usual demonstrated performance level. The policy is available at:
http://www.mq.edu.au/policy/docs/special_consideration/policy.html
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For all student enquiries, visit Student Connect at ask.mq.edu.au
For help with University computer systems and technology, visit http://informatics.mq.edu.au/help/.
When using the University's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students.
Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt discipline-specific knowledge to novel situations, and be able to contribute from their discipline to inter-disciplinary solutions to problems.
This graduate capability is supported by:
We want our graduates to be capable of reasoning, questioning and analysing, and to integrate and synthesise learning and knowledge from a range of sources and environments; to be able to critique constraints, assumptions and limitations; to be able to think independently and systemically in relation to scholarly activity, in the workplace, and in the world. We want them to have a level of scientific and information technology literacy.
This graduate capability is supported by:
Our graduates should be capable of researching; of analysing, and interpreting and assessing data and information in various forms; of drawing connections across fields of knowledge; and they should be able to relate their knowledge to complex situations at work or in the world, in order to diagnose and solve problems. We want them to have the confidence to take the initiative in doing so, within an awareness of their own limitations.
This graduate capability is supported by:
We want to develop in our students the ability to communicate and convey their views in forms effective with different audiences. We want our graduates to take with them the capability to read, listen, question, gather and evaluate information resources in a variety of formats, assess, write clearly, speak effectively, and to use visual communication and communication technologies as appropriate.
This graduate capability is supported by:
This unit gives you opportunities to conduct your own research and gives you practice in applying research findings in your assessments, specifically the Research Report assessment.
This unit uses research from external sources, namely management accounting academic journals of this unit outline, to support your learning of management accounting concepts, techniques and technologies.