Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Patrick Gallagher
Contact via email
E4A Level 2
Friday 5pm to 6pm
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Credit points |
Credit points
4
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Prerequisites |
Prerequisites
(ACCG614 and AFIN858 and ACCG921 and ACCG922 and ACCG926 and ACCG927) or (admission to MAdvProfAcc and 4cp at 800 level)
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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 unit provides a strong theoretical and practical knowledge of the strategic importance of management accounting. It emphasises the importance of correct understandings of environmental and organisation analysis. It stresses that management accounting must provide the correct knowledge that is critically important for effective decisions by management. In the increasingly competitive global business environment this knowledge includes not only financial issues but vitally important environmental and social concerns. The unit identifies the ‘strategic management accountant’ as a key member of organisation strategy development teams. It discusses the importance of the strategic management accountant acting as a moral compass within organisations being a key player involved in corporate social responsibility measurement and reporting and stakeholder recognition. This unit is undertaken concurrently with the student being also enrolled in the Strategic Management Accounting segment of the CPA Australia Professional Program.
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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:
Summary of Formal Assessment Items (as stated in the Unit Guide) and overall workload expectations
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% of marks |
Expected work hrs |
|
|
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1 Presentation – minor by each student |
10% |
5.25 include prep |
2 Class Test (invigilated as an exam) |
35% |
2.5 hours exam |
3 Final Examination CPA Australia |
30% |
3.25 hours exam |
4 Group Task |
25% |
19 include prep |
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TOTAL Assessment dedicated hours |
100% |
30 hours |
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Overall unit preparation and study |
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120 hours |
TOTAL EXPECTED STUDENT WORK HOURS |
|
150 hours |
Name | Weighting | Due |
---|---|---|
1. PRESENTATION | 10% | Weeks 2 to 10 |
2. Class Test | 35% | During Week 10 date TBA |
3. FINAL EXAMINATION | 30% | 11 April start - CPA Australia |
4. Group Assessment Task | 25% | Weeks 8, 14 & 15 |
Due: Weeks 2 to 10
Weighting: 10%
Submission: Your presentation and submission are to comprise a single newly developed (by you) multiple choice question that you write and present. The total duration of the presentation and explanation MUST NOT EXCEED 7 minutes. There is no word limit applicable to accompanying documentation but obviously total words will reflect the time limit in a realistic way. When creating your question and explanation you are required to use class content, the CPA104 CPA Australia Strategic Management Accounting Study Book and any further relevant research. You need to write a UNIQUE and NEWLY DEVELOPED multiple choice question. You must also write a clear explanation clearly identifying which answers are wrong and why and which answers are correct and why. This Minor Presentation may require you to undertake additional research, reading and thought, and you will be marked on the quality of the work that was undertaken. Detailed marking criteria are on the Feedback Sheet which is provided to all students in the ACCG908 Unit Assessment Guide.
You will be marked according to your level of research and preparation, your understanding, accuracy, comprehensiveness and ability to explain the key issues to your fellow students, and your use of presentation aids. A schedule of presentation times will be set for every student. A hard copy of your question and presentation materials must be handed to your lecturer before delivering your presentation.
You are expected to display your knowledge and the communication skills at a standard expected of a postgraduate student. All students must present by Week 10 – all feedback to students will be finalised at or before the classes of Week 11.
You MUST ‘hand in’ a printed version of all presentation materials and additional explanation materials at the start of your presentation. This must be attached to the Feedback cover sheet – which must be STAPLED as the front page of your ‘handed in’ materials. Professional presentation of the document submitted and the quality of oral presentation are important!
The task will be discussed in further detail in classes before any presentations take place.
Extension: No extension will be granted without a Disruption to Studies application being lodged within University rules and subsequently approved.
Penalties: Zero mark for non-submission.
Due: During Week 10 date TBA
Weighting: 35%
Submission: The test will take place during Week 10 of classes. The precise date, time and location will be advised on iLearn and in classes. The test will have a duration of two hours and thirty minutes (including 10 minutes reading time). It will be conducted as an invigilated exam and University ID will be required in the exam room.
The test will cover all of the CPA Australia Strategic Management Accounting Subject Book Modules and all related content (including readings, case studies, questions and solution) as well as all assumed prior learning/knowledge (as identified in the CPA Subject Book). The test will be conducted as a fully open book exam which is the same approach that you will see in the CPA Australia Final Exam.
The test will consist of multiple choice questions and also short answer style questions to be answered by students. The value of all questions will be stated clearly and all multiple choice questions will be the same value.
Assessment Task 2 is designed to comprise valuable formative assessment. Accordingly, shortly after marking is complete, you will receive full feedback about this test in class. You will receive your own marked exam script (this will be re-collected at the end of the class) for review and discussion.
Extension: No extensions are possible for this specific formative assessment task so there will not be a specific supplementary test available for Assessment Task 2. A student who is absent from this test must correctly complete and submit a valid “Disruption to Studies” application. If this application is approved by the relevant Faculty authorities this will permit the student to sit an alternative assessment examination. This alternative assessment will be a newly created full exam that will be conducted on a closed book basis very shortly after the CPA Australia exams are concluded.
Penalties: Students who do not sit for Assessment Task 2 on the initial required date score zero marks for this assessment item and cannot pass this Unit. Documented absence that is substantiated by a Disruption to Studies application which meets University requirements, and that is approved, will allow a student to sit the alternative assessment as discussed above in 'Extension'.
Due: 11 April start - CPA Australia
Weighting: 30%
The CPA Australia examination is conducted by CPA Australia at a time and location designated by CPA Australia and according to rules and conditions set by CPA Australia. You can expect to be advised in writing of these rules and further exam details. This written advice will be sent directly to you by CPA Australia and NOT by Macquarie University.
Submission: Subject to the rules applicable to CPA Australia candidature
Extension: Subject to the rules applicable to CPA Australia candidature
Penalties: Students who do not achieve at least a Pass grade in this exam will not be awarded a Pass grade in ACCG908. Students who do not achieve a Pass grade should discuss this with MACC administration staff.
Due: Weeks 8, 14 & 15
Weighting: 25%
Submission: Students are required to form into self-select groups (minimum 4, maximum 5 members). Groups will research and then choose a target entity (usually an ASX listed corporation) as the topic for group analysis, reporting and presentation. Your choice of group membership must be finalised and approved by your lecturer before or in the Week 4 class. Your group topics must be finalised, proposed to and approved by your lecturer before or in the Week 6 class. Any uncertainties, including group membership and topic selection, will be clarified or mandated by your lecturer in class. Full details are provided in the ACCG908 Unit Assessment Guide - available on iLearn.
Each group is required to submit a Group Planning Paper in the Week 8 class. Maximum 600 word length (word length excludes relevant diagrams). 5 marks of the 25 marks available. In Weeks 14 and 15 (as shown in the Unit Diary) each group is required to submit a professionally prepared Full Report and also Presentation Documents that support a professionally structured Oral Presentation. 20 marks of the 25 marks.
All group members are required to participate fully in all aspects of the Group Task. Detailed requirements are stated in the Unit Assessment Guide.
The Group Report itself must be submitted with an accompanying Turnitin Assessment Summary Report that must be acknowledged and signed by all group members. The Turnitin procedure will be provided on iLearn.
Each member of each group must submit a Peer Evaluation Sheet at the time of presentations in Week 14 or 15. This Peer Evaluation provides the basis for ensuring that each individual's mark within the group is correctly assessed. The Peer Evaluation process, explanation and documentation are contained in the ACCG908 Unit Assessment Guide.
Marked out of 25: 5 marks: for the Planning Paper. 20 marks: for the Report (12 marks), the Presentation and presentation documentation (8 marks).
Extension: No extension will be granted.
Penalties: A mark of ZERO will be assigned for late submission or where all submission requirements are not met. Where any aspect of this assessment item is not completed on time and fully by a group member that group member will score zero marks for the entire assessment component (that is the student will score zero out of 25) unless a Disruption to Studies application is lodged according to university requirements and that application is subsequently approved. If such approval is given then alternative additional assessment activities will be prescribed for that student.
Classes
Required and Recommended texts and/or materials
Required Texts/Materials
Reference Texts/Materials
Technology Used and Required
Unit web page - iLearn
Learning and Teaching Activities
Each 3 hour class will consist of a combination of activities including seminar presentations by the lecturer and student presentations and discussions which will review key concepts. You are encouraged to engage in class discussion relating to questions posed, case studies and their analysis, current events/issues and practical, problem solving exercises. In addition to other assessment tasks, all students are required to participate in preparing and presenting a substantive Group Assessment Task (the ‘Group Task’).
The material to be covered each week is shown in the Class Schedule (part of this Unit Guide) – which adds detailed date information to that shown in the Unit Guide.
A class that includes revision will be held prior to the external CPA Program exam. This class will include analysis, questions and cases designed to explore the entire course.
Preparation for classes
It is essential that you prepare for each class by reading all materials and references carefully. This will include working through the relevant CPA Subject Book Modules carefully, noting any issues which you might like to discuss in class and, of course, contributing to in-class discussions and overall ‘group learning’.
In addition to your CPA Study Book Modules, you may download additional relevant class materials required each week from iLearn – login at https://ilearn.mq.edu.au/login/MQ/. These class materials will be placed on iLearn prior to class time. It is your responsibility to ensure that you access and have copies of relevant material prior to classes. You should allow time for thorough reading of all materials before each class.
CLASS & WORK DIARY ACCG908 CPA – Strategic Management Accounting – Session 1 2016
Week |
Class/Date |
Topic |
Module |
Other information |
1
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Class 1 Week start 8 February |
Introduction to Strategic Management Accounting – Review of assumed / prior knowledge – Appendix 1.1 of Module 1 |
Module 1 Appendix 1.1 from p69 |
Module references are to CPA104 Strategic Management Accounting Subject Book. We will also discuss exam approaches in this class. Minor presentations explained and organised for Class 2 start. |
2
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Class 2 Week start 15 February |
Introduction to Strategic Management Accounting |
Module 1 p13 to end |
Minor presentations – 10% |
3
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Class 3 Week start 22 February |
Creating Organisational Value
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Module 2 from p113 to p190 |
Minor presentations – 10% |
4
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Class 4 Week start 29 February |
Performance Measurement ALSO Reading 2.1 Strategic Mgt & Value Chain from p191 to p209. |
Module 3 p235 to p289. |
Minor presentations – 10% Group Task: group members must be finalised. |
5
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Class 5 Week start 7 March |
Performance Measurement including Appendix 3.1 Western Water |
Module 3 from p289 to end |
Minor presentations – 10% |
6
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Class 6 Week start 14 March |
Techniques for Creating and Managing Value |
Module 4 p357 to p407 |
Minor presentations – 10% Group Task: group topics must be finalised. |
7 |
Class 7 Week start 21 March |
Techniques for Creating and Managing Value Public Holiday Fri 25 March |
Module 4 from p407 to end |
Minor presentations – 10%
Friday class to be re-scheduled |
8
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Class 8 Week start 28 March |
Project Management Including Appendix 5.1 Sydney Seafood Bar |
Module 5 from p485 to end |
Minor presentations – 10% Task 4 - Group Task: Group Planning Papers SUBMISSION this week. |
9 |
Class 9 Week start 4 April |
Case Study Module – Wattle Jet |
Case Study ‘Module 6’ p599 – end |
Minor presentations – 10% |
10 |
Class 10 Week start 11 April ACCG908 Class Test replaces Class 10 |
Class Test – 35% of marks – test is compulsory. 2.5 hours including 10 minutes reading time – covers all Modules. ACTUAL DAY & TIME to be advised. Test is compulsory. |
Class Test |
This is an important EXAM 35% of total marks See iLearn for date, time, location and seating. Date will avoid clash with other units’ tests. Formal invigilation – bring ID. |
11
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Class 11 Week start 18 April |
Class Test ‘hand back’ and review. Revision preceding CPA Exam. |
MQU Exam review & revision |
IMPORTANT CLASS YOU MUST ATTEND. Receive your Test in your hand for understanding, discussion, feedback and your comments. |
12 and 13
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No Classes Week start 25 April and 2 May |
Final (CPA Australia) Exam – CPA Exam period commences Sat 23 April |
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CPA Australia EXAM 30% of total marks You must personally check ALL exam details with CPA Australia |
14
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Class 12 Week start 9 May |
Assessment Task 4 – Group Presentation & Report a Turnitin Report must accompany the Group Report. |
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Group Task SUBMISSION Group Report and Presentation – ensure you read and follow ALL requirements |
15
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Class 13 Week start 16 May |
Assessment Task 4 – Group Presentation & Report a Turnitin Report must accompany the Group Report. |
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Group Task SUBMISSION Group Report and Presentation – ensure you read and follow ALL requirements |
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
New Assessment Policy in effect from Session 2 2016 http://mq.edu.au/policy/docs/assessment/policy_2016.html. For more information visit http://students.mq.edu.au/events/2016/07/19/new_assessment_policy_in_place_from_session_2/
Assessment Policy prior to Session 2 2016 http://mq.edu.au/policy/docs/assessment/policy.html
Grading Policy prior to Session 2 2016 http://mq.edu.au/policy/docs/grading/policy.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Complaint Management Procedure for Students and Members of the Public http://www.mq.edu.au/policy/docs/complaint_management/procedure.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/
Results shown in iLearn, or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au.
Academic Honesty
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 priciples 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 academic honesty can be found in the Macquarie University Academic Honesty Policy at
http://mq.edu.au/policy/docs/academic_honesty/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://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Our postgraduates will be able to demonstrate a significantly enhanced depth and breadth of knowledge, scholarly understanding, and specific subject content knowledge in their chosen fields.
This graduate capability is supported by:
Our postgraduates will be capable of utilising and reflecting on prior knowledge and experience, of applying higher level critical thinking skills, and of integrating and synthesising learning and knowledge from a range of sources and environments. A characteristic of this form of thinking is the generation of new, professionally oriented knowledge through personal or group-based critique of practice and theory.
This graduate capability is supported by:
Our postgraduates will be capable of systematic enquiry; able to use research skills to create new knowledge that can be applied to real world issues, or contribute to a field of study or practice to enhance society. They will be capable of creative questioning, problem finding and problem solving.
This graduate capability is supported by:
Changes from Semester 2 2015 involve:
Date | Description |
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18/01/2016 | On 18 January the S1 2016 ACCG908 Publised (on 12 January 2016) Unit Guide was updated as follows: - Minor wording improvements relating to Assessment Task 2. - Minor wording improvements for Assessment Task 4. - Minor improvement to information relating to S1 2016 public holidays shown in the timetable. |