Unit convenor and teaching staff |
Unit convenor and teaching staff
John-Paul Monck
Stephanie Brooks
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
Admission to MBA or PGDipMgt or GradDipMgt or GradCertMgt or MSocEntre or GradCertSocEntre
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Corequisites |
Corequisites
|
Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit equips managers with the skills and tools to construct, analyse, interpret and act upon the accounting and financial information produced within a business. This discussion and analysis begins with the three financial statements targeted at external users: the Profit and Loss Statement, the Balance Sheet, and the Statement of Cash Flows. The unit then proceeds into the analysis, interpretation, and the use of management accounting information for the purpose of managerial decision making. Real life complexities in the decision making process are highlighted. |
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:
Assessments will be provided on iLearn wherever possible. Specific instructions will be posted on the iLearn site for the unit throughout term, and announcements will be made for further clarity.
Name | Weighting | Hurdle | Due |
---|---|---|---|
Syndicate Report | 40% | No | End of Week 10 |
Participation | 10% | No | Throughout Term |
Final Exam | 50% | No | Term 3 Exam Period |
Assessment Type 1: Project
Indicative Time on Task 2: 25 hours
Due: End of Week 10
Weighting: 40%
Students are required to undertake an analysis of a range of aspects of a company listed on the Australian Stock Exchange. You are required to analyse the performance of the organisation (including strategic considerations) and provide critiques and recommendations.
Assessment Type 1: Participatory task
Indicative Time on Task 2: 10 hours
Due: Throughout Term
Weighting: 10%
Students are required to review reading materials (including case studies) and participate in a weekly discussion on the practical application of concepts learned in this unit.
Assessment Type 1: Examination
Indicative Time on Task 2: 15 hours
Due: Term 3 Exam Period
Weighting: 50%
The final exam is of 2 hours duration. It will be open book and covers the content of the course.
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Delivery will be completed over two consecutive weekends, commencing on 19 June 2020, and concluding on 28 June 2020, as follows:
It is highly recommended that students attend all classes to ensure the most value is taken out of the unit. Classes will be recorded in the event that students are unable to attend any portion of the unit delivery.
Our Unit Notes provide the key information and are written, where applicable, from the perspective of managers and executives. The textbook readings provide background/supporting material where relevant.
There is no required textbook for this unit. For students without any accounting background or who are interested in obtaining such a text, the following textbook is suggested (and is included, for reference, in the unit schedule):
Atrill, P., McLaney, E., & Harvey, D., 2018, Accounting for Non-Specialists, 7th Edition, Pearson Australia, ISBN: 978-1-4886-1258-9
Session | Topic | Primary Readings | Optional Textbook Reading |
1 | The Nature of Accounting | Unit Notes – Topic 1 | AMH (Textbook) Chapters 1 & 4 |
2 | Balance Sheets and Profit and Loss Statements | Unit Notes – Topic 2 | AMH (Textbook) Chapters 2 & 3 |
3 | Statement of Cash Flows | Unit Notes – Topic 3 | AMH (Textbook) Chapter 6 |
4 | Working Capital Management | Unit Notes – Topic 4 | AMH (Textbook) Chapter 13 |
5 | Financial Statement Analysis | Unit Notes – Topic 5 | AMH (Textbook) Chapter 8 |
6 | Financial Statement Analysis: DuPont Model | Unit Notes – Topic 6 | |
7 | Financial Statement Analysis: Managing for Sustainable Growth | Unit Notes – Topic 7 | |
8 | Cost Behaviour and Analysis | Unit Notes – Topic 8 | AMH (Textbook) Chapters 9 & 10 |
9 | Short-Term Management Planning | Unit Notes – Topic 9 | AMH (Textbook) Chapter 7 |
10 | Budgeting | Unit Notes – Topic 10 | AMH (Textbook) Chapter 11 |
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Students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
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