Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Andreas Hellmann
Contact via accg106@mq.edu.au
E4A 233
Wednesday, 13.30 - 15.30pm
Rahat Munir
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Credit points |
Credit points
3
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Prerequisites |
Prerequisites
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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 equips students to understand accounting as a useful tool for management decision making. Students develop an understanding of the principles of financial and management accounting from a user perspective. Topics include: the environment of accounting; recording business transactions; information on the income statement and balance sheet; analysis and interpretation of financial reports; budgeting; cost-volume-profit analysis; and financing a business. By the end of the unit students are able to explain the usefulness of financial and management accounting information and describe different types of accounting information for both internal and external users. Students develop graduate capabilities in a range of areas including critical analysis of accounting information, problem solving skills and written and oral communication skills.
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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:
Assessment tasks, self-study, reflection and revision |
Guide for hours to be spent (note that students may vary from the guide) |
Lectures and tutorials |
38 |
Homework |
24 |
Group Assignment |
35 |
Continuous self-study, reflection, revision and final exam preparation |
53 |
Total number of hours |
150 |
Turnitin
All text based assessments must be submitted through Turnitin as per instructions provided in the unit guide. It is the student’s responsibility to ensure that work is submitted correctly prior to the due date. No hard copies of assessments will be accepted and only Turnitin records will be taken as records of submission.
Multiple submissions may be possible in some units via Turnitin prior to the final due date and time of an assessment task and originality reports may be made available to students to view and check their work. All identified matching text will be reconsidered carefully. Students should note that the system will not immediately produce the similarity score on a second or subsequent submission - it approximately takes 24 hours for the report to be generated. This may be after the due date so students should plan any resubmissions carefully. Please refer to these instructions on how to submit your assignment through Turnitin and access similarity reports and feedback provided by teaching staff. Should you have questions about Turnitin or experience issues submitting through the system, you must inform your unit coordinator immediately. If the issue is technical in nature may also lodge OneHelp Ticket, refer to the IT help page.
It is the responsibility of the student to retain a copy of any work submitted. Students must produce these documents upon request. Copies should be retained until the end of the grade appeal period each term. In the event that a student is asked to produce another copy of work submitted and is unable to do so, they may be awarded zero (0) for that particular assessment task.
Name | Weighting | Due |
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Assessed Coursework | 10% | In tutorials |
Group Assessment | 30% | In Week 11 and Week 12 |
Final Examination | 60% | University exam period |
Due: In tutorials
Weighting: 10%
Weekly homework will only be collected in registered tutorials. Emailed homework will not be collected.
Each submission is worth 1 mark, the best 10 contribute to the 10%.
No extensions will be granted. Students who have not submitted in the respective tutorial will be awarded a mark of 0 for the homework, except for cases in which an application for Disruption to Studies is made and approved.
For tutorials that fall on a public holiday, the tutorials will be cancelled. Students may attend an alternative tutorial class. Homework will be collected in the following week's tutorial in the registered tutorial.
Due: In Week 11 and Week 12
Weighting: 30%
This is a group assignment consisting of two components, namely a written submission and an oral presentation. A group mark will be given to each group based on the group's written submission (weighting is 50% of the overall mark for this assessment). There is a requirement to document the workload and contribution of each group member. Students are required to sign a document specifying individual member contribution towards the assignment. The unit coordinator reserves the right to moderate the marks of individual group members. Students will present their written submission in their registered tutorials. Students will be assessed individually and an individual mark will be given to each presenter (weighting is 50% of the overall mark for this assessment).
The assignment package will be available in iLearn in Week 4.
Due date: The written submission is due in Week 11 (Monday 24th of October 2016 at 2pm) and must be submitted online via iLearn/Turnitin. The oral presentation is due in Week 11 or Week 12 as allocated by the tutor.
Penalty: 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.
Due: University exam period
Weighting: 60%
This is a closed book exam. All topics covered in the session are examinable.
Further information and revision materials will be available in iLearn.
University rules and criteria for Disruption to Studies apply. The outcome of an approval for Disruption to Studies is a supplementary exam. The supplementary exam will be held in the scheduled period for FBE supplementary exams. Approved students must be available to sit for the supplementary exam in this period.
The recommended textbook is:
Accounting Business Reporting for Decision Making 5e (with iStudy) by Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks and Judy Oliver.
This book is available for purchase from the Macquarie University Co-op Bookshop and is also available in the Closed Reserve section at the library.
The ebook versions are also available directly from the publisher at http://www.wileydirect.com.au/buy/accounting-business-reporting-decision-making-5th-edition/
• Prizes for this unit (if applicable). http://www.businessandeconomics.mq.edu.au/undergraduate_degrees/prizes_scholarships
Students need to have access to the internet to use publisher's online support study resources.
Lecture Week |
Topics |
Week 1 |
Introduction to Accounting |
Week 2 |
Business Structures |
Week 3 |
Business Transactions |
Week 4 |
Balance Sheet |
Week 5 |
Income Statement and Statement of Changes in Equity |
Week 6 |
Statement of Cash Flows |
Week 7 |
Analysis and Interpretation of Financial Statements |
Week 8 |
Business Sustainability |
Week 9 |
Budgeting |
Week 10 |
Cost-volume-profit analysis |
Week 11 |
Capital Investment |
Week 12 |
Financing the Business |
Week 13 |
Comprehensive revision to be held in lecture times. |
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.
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 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.
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 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:
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:
We want our graduates to be aware of and have respect for self and others; to be able to work with others as a leader and a team player; to have a sense of connectedness with others and country; and to have a sense of mutual obligation. Our graduates should be informed and active participants in moving society towards sustainability.
This graduate capability is supported by:
There are no significant changes from the previous session.
This unit addresses global and sustainability issues in direct areas of study through learning materials, assessments and opportunities for academic discussion and debate. We promote sustainability by developing ability in students to research and locate information within the accounting discipline. We aim to provide students with opportunities to develop skills which will benefit them throughout their career.