Students
ACCG301 – Organisational Planning and Control
2016 – S2 Day
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Nandini Krishna Kumar
Aleks Pop-Vasileva
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|---|---|
| Credit points |
Credit points
3
|
| Prerequisites |
Prerequisites
39cp including ACCG200
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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 units in cost and management accounting and is necessary for CPA Australia, Chartered Accountants Australia and New Zealand (CA ANZ) and the Institute of Public Accountants (IPA) membership. The unit focuses on strategic management, 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 student will be able to propose coherent strategies and employ various approaches to measuring and managing organisational performance. In addition, students will 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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Important Academic Dates
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
Learning Outcomes
On successful completion of this unit, you will be able to:
- Explain key management accounting concepts and techniques and be able to apply theoretical knowledge and exercise decision-making in practical situations concerning planning and control
- Critically analyse coherent strategies and organisational structures, and effectively utilise management control systems to facilitate strategy attainment
- Develop skills to recognise and employ traditional and contemporary approaches to measuring and managing performance (including transfer pricing) essential to organisational planning and control processes
- Apply appropriate management accounting technologies to effectively and efficiently manage suppliers, customers, time, capacity, costs and quality to support organisational strategies and account for organisational environmental and social sustainability
- Develop teamwork skills and skills in analysing and understanding theories and dynamics of motivation to explain employee behaviour.
Assessment Tasks
| Name | Weighting | Due |
|---|---|---|
| Assessed Coursework | 15% | Weeks 2-13 |
| Case Study/Report | 20% | Week 11 and Week 12 |
| Class Tests | 15% | Weeks 4 & 9 |
| Final Examination | 50% | University Examination Period |
Assessed Coursework
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 (5%) and additional tutorial examples attempted in class (10%). Best five (5) of these 6 (six) collections in total will be equally counted towards the 15%, out of which the five weekly tutorial homeworks will count towards the total of 5% weighting and the additional five in-class examples will count towards the total of 10% weighting. (See Assessment Guide for more details on this assessment task)
Extension:
No extension will be granted
Penalties:
A mark of ZERO will be assigned for late submission. The student must be present in class for the entirety of the tutorial to be eligible to submit their work. Exceptions are only made for cases with approved Disruption of Studies application.
On successful completion you will be able to:
- Explain key management accounting concepts and techniques and be able to apply theoretical knowledge and exercise decision-making in practical situations concerning planning and control
- Critically analyse coherent strategies and organisational structures, and effectively utilise management control systems to facilitate strategy attainment
- Develop skills to recognise and employ traditional and contemporary approaches to measuring and managing performance (including transfer pricing) essential to organisational planning and control processes
- Apply appropriate management accounting technologies to effectively and efficiently manage suppliers, customers, time, capacity, costs and quality to support organisational strategies and account for organisational environmental and social sustainability
- Develop teamwork skills and skills in analysing and understanding theories and dynamics of motivation to explain employee behaviour.
Case Study/Report
Due: Week 11 and Week 12
Weighting: 20%
Students will work in small groups of 5 students. Tutors will randomly assign students with topics in the tutorial in Week 3. Students that fail to arrange group membership by Week 5 (after Census date) will not be eligible to take part in this assessment task. (See assessment guide for more details on this assessment task)
This assessment task is worth 20%, out of which 10% will be comprised of the mark received for the group research report (and the same mark will be distributed to all 5 group members), while the additional 10% will be comprised of the mark received for individual performance in the group presentation of the research report. All groups must deliver a presentation of their group research reports in week 12 tutorials and all group members must present on their respective parts from the group report.
Submission:
All written research reports must be submitted via Turnitin in Week 11. One report per group.
Group presentations will take place in Week 12 tutorials.
Extension:
No extension will be granted
Penalties:
No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for disruption of studies is made and approved.
On successful completion you will be able to:
- Explain key management accounting concepts and techniques and be able to apply theoretical knowledge and exercise decision-making in practical situations concerning planning and control
- Critically analyse coherent strategies and organisational structures, and effectively utilise management control systems to facilitate strategy attainment
- Develop skills to recognise and employ traditional and contemporary approaches to measuring and managing performance (including transfer pricing) essential to organisational planning and control processes
- Apply appropriate management accounting technologies to effectively and efficiently manage suppliers, customers, time, capacity, costs and quality to support organisational strategies and account for organisational environmental and social sustainability
- Develop teamwork skills and skills in analysing and understanding theories and dynamics of motivation to explain employee behaviour.
Class Tests
Due: Weeks 4 & 9
Weighting: 15%
Submission:
In-tutorials for 20 minutes. Each class test is worth 7.5%. See Assessment Guide for more details of this assessment task.
Extension:
No extension will be granted. A supplementary test will be arranged where a request for disruption to study has been approved.
Penalties:
A mark of ZERO will be assigned if the student is absent from the test.
On successful completion you will be able to:
- Explain key management accounting concepts and techniques and be able to apply theoretical knowledge and exercise decision-making in practical situations concerning planning and control
- Critically analyse coherent strategies and organisational structures, and effectively utilise management control systems to facilitate strategy attainment
- Develop skills to recognise and employ traditional and contemporary approaches to measuring and managing performance (including transfer pricing) essential to organisational planning and control processes
- Apply appropriate management accounting technologies to effectively and efficiently manage suppliers, customers, time, capacity, costs and quality to support organisational strategies and account for organisational environmental and social sustainability
- Develop teamwork skills and skills in analysing and understanding theories and dynamics of motivation to explain employee behaviour.
Final Examination
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 the student MUST PASS the final examination.
If a Supplementary Examination is granted due to disruption to studies 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.
On successful completion you will be able to:
- Explain key management accounting concepts and techniques and be able to apply theoretical knowledge and exercise decision-making in practical situations concerning planning and control
- Critically analyse coherent strategies and organisational structures, and effectively utilise management control systems to facilitate strategy attainment
- Develop skills to recognise and employ traditional and contemporary approaches to measuring and managing performance (including transfer pricing) essential to organisational planning and control processes
- Apply appropriate management accounting technologies to effectively and efficiently manage suppliers, customers, time, capacity, costs and quality to support organisational strategies and account for organisational environmental and social sustainability
- Develop teamwork skills and skills in analysing and understanding theories and dynamics of motivation to explain employee behaviour.
Delivery and Resources
Classes
- The number and length of classes, which is 3 hours face-to-face-teaching per week, consists of: 1 x 1.5 hour lecture and 1 x 1.5 hour tutorial.
- The timetable for ACCG301 classes can be found on the University web site at: http://www.timetables.mq.edu.au/
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.
Expectations and Workload
Students are expected to spend 150 hours working on this unit. As a guide a student should spend these approximate amounts of time on each of the following activities:
| Activities | Hours | |
| 1 | Weekly lectures/tutorials | 39 |
| 2 | Assessment Task 1 (Assessed Coursework) | 18 |
| 3 | Assessment Task 2 (Group Based Research Report) | 10 |
| 4 | Assessment Task 3 (Class Tests) | 10 |
| 5 | Assessment Task 4 (Final Examination) | 23 |
| 6 | Readings/self-study | 50 |
| TOTAL | 150 |
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
Required and Recommended Texts and/or Materials
Prescribed Texts
- Management Accounting: Information for creating and managing value by Kim Langfield-Smith, Helen Thorne and Ronald Hilton, 7th Edition, 2015, McGraw-Hill.
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
- Accounting, Organisations and Society
- Accounting, Auditing and Accountability Journal
- International Journal of Operations and Production Management
- International Journal of Public Sector Management
- Journal of Small Business Management
- Management Accounting Research
Please note that these journals are available electronically through Macquarie University Library.
Technology Used and Required
Students are required to use information technology in this unit.
Students will need to use:
- Library databases to source materials for the research reports, which are accessed electronically;
- Electronic (internet) access to iLearn to download unit outlines and other materials required for class activities and assignments;
- Electronic (internet) access to "Connect" an online study tool from McGraw-Hill for this unit;
- Microsoft word and excel (where applicable) for the research reports.
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:
- Unit outline
- Important announcements
- Lecture slides
- Information on assessments
- Staff consultation hours and contact details
- Selected tutorial solutions
- Other relevant material
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.
Unit Schedule
|
Week |
Topic |
Reference/Readings |
|
1 |
Management Accounting: an overview |
Chapter 1(Langfield-Smith et al., 2015) 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., 2015; pp736-751; pp754-760) Chapter 9 (Stevenson, 2012; pp370-408) |
|
4 |
Capacity Management (including Theory of Constraints) Class Test 1 |
Chapter 16 (Langfield-Smith et al., 2015; pp751-753) Chapter 7 (Paton et al., 2011; pp207-228) |
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5 |
Managing Suppliers and Customers (including time management) |
Chapter 15 (Langfield-Smith et al., 2015; pp684-693; pp701-711) |
|
6 |
Managing Inventory |
Chapter 15 (Langfield-Smith et al., 2015; pp693-701) |
|
7 |
Financial Performance Reports and Transfer Pricing |
Chapter 12 (Langfield-Smith et al., 2015) |
| Mid-Session Recess (September 19 - October 3, 2016) | ||
|
8 |
Financial Performance Measurement Systems |
Chapter 13 (Langfield-Smith et al., 2015; pp606-618) |
|
9 |
The Balanced Scorecard (BSC) and Benchmarking Class Test 2 |
Chapter 14 (Langfield-Smith et al., 2015) |
|
10 |
Motivating Employees and Compensation |
Chapter 13 (Langfield-Smith et al., 2015; pp618-623) Chapter 10 (Ghillyer, 2012) |
| 11 | Student presentation preparation for week 12 tutorials | Online resources provided in iLearn |
|
12 |
Sustainability and Management Accounting |
Chapter 17 (Langfield-Smith et al., 2015) |
|
13 |
Review and Final Examination Preparation |
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Learning and Teaching Activities
Lectures
Tutorials
Self-Directed Learning
Project Work
Policies and Procedures
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.
Student Code of Conduct
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
Results
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 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:
- all academic work claimed as original is the work of the author making the claim
- all academic collaborations are acknowledged
- academic work is not falsified in any way
- when the ideas of others are used, these ideas are acknowledged appropriately.
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
Grades
Macquarie University uses the following grades in coursework units of study:
- HD - High Distinction
- D - Distinction
- CR - Credit
- P - Pass
- F - Fail
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
Grading Appeals and Final Examination Script Viewing
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.
Student Support
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Student Services and Support
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
Student Enquiries
For all student enquiries, visit Student Connect at ask.mq.edu.au
IT Help
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.
Graduate Capabilities
Discipline Specific Knowledge and Skills
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:
Learning outcomes
- Explain key management accounting concepts and techniques and be able to apply theoretical knowledge and exercise decision-making in practical situations concerning planning and control
- Critically analyse coherent strategies and organisational structures, and effectively utilise management control systems to facilitate strategy attainment
- Develop skills to recognise and employ traditional and contemporary approaches to measuring and managing performance (including transfer pricing) essential to organisational planning and control processes
- Apply appropriate management accounting technologies to effectively and efficiently manage suppliers, customers, time, capacity, costs and quality to support organisational strategies and account for organisational environmental and social sustainability
- Develop teamwork skills and skills in analysing and understanding theories and dynamics of motivation to explain employee behaviour.
Assessment tasks
- Assessed Coursework
- Case Study/Report
- Class Tests
- Final Examination
Critical, Analytical and Integrative Thinking
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:
Learning outcomes
- Explain key management accounting concepts and techniques and be able to apply theoretical knowledge and exercise decision-making in practical situations concerning planning and control
- Critically analyse coherent strategies and organisational structures, and effectively utilise management control systems to facilitate strategy attainment
- Develop skills to recognise and employ traditional and contemporary approaches to measuring and managing performance (including transfer pricing) essential to organisational planning and control processes
- Develop teamwork skills and skills in analysing and understanding theories and dynamics of motivation to explain employee behaviour.
Assessment tasks
- Assessed Coursework
- Case Study/Report
- Class Tests
- Final Examination
Problem Solving and Research Capability
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:
Learning outcomes
- Explain key management accounting concepts and techniques and be able to apply theoretical knowledge and exercise decision-making in practical situations concerning planning and control
- Develop skills to recognise and employ traditional and contemporary approaches to measuring and managing performance (including transfer pricing) essential to organisational planning and control processes
- Apply appropriate management accounting technologies to effectively and efficiently manage suppliers, customers, time, capacity, costs and quality to support organisational strategies and account for organisational environmental and social sustainability
Assessment tasks
- Assessed Coursework
- Case Study/Report
Effective Communication
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:
Learning outcomes
- Explain key management accounting concepts and techniques and be able to apply theoretical knowledge and exercise decision-making in practical situations concerning planning and control
- Critically analyse coherent strategies and organisational structures, and effectively utilise management control systems to facilitate strategy attainment
- Develop skills to recognise and employ traditional and contemporary approaches to measuring and managing performance (including transfer pricing) essential to organisational planning and control processes
- Apply appropriate management accounting technologies to effectively and efficiently manage suppliers, customers, time, capacity, costs and quality to support organisational strategies and account for organisational environmental and social sustainability
- Develop teamwork skills and skills in analysing and understanding theories and dynamics of motivation to explain employee behaviour.
Assessment tasks
- Assessed Coursework
- Case Study/Report
- Class Tests
- Final Examination
Changes from Previous Offering
Students are required to take part in a group presentation related to the assessment task - Group Research Report in addition to the submission of the written group report. A mark out of 10% will be allocated to each group member respective to their individual performance in the group presentation. All groups must deliver a presentation and all group members must take part in the presentation.
Research and Practice, Global and Sustainability
This unit addresses global and sustainability issues as direct areas of study and as necessary implications arising from the materials, assessment and academic discussion and debate in classes/seminars. We promote sustainability by developing ability in students to research and locate information within accounting discipline. We aim to provide students with an opportunity to obtain skills which will benefit them throughout their career. The unit materials have a reference list at the end of each chapter/module/text containing all references cited by the author. These provide some guidance to references that could be used to research particular issues.