Notice
As part of Phase 3 of our return to campus plan, most units will now run tutorials, seminars and other small group learning activities on campus for the second half-year, while keeping an online version available for those students unable to return or those who choose to continue their studies online.
To check the availability of face to face activities for your unit, please go to timetable viewer. To check detailed information on unit assessments visit your unit's iLearn space or consult your unit convenor.
Unit convenor and teaching staff |
Unit convenor and teaching staff
UC
Allyson Cox
TBA on ilearn
Administrator
Charmaine D'Souza
Moderator
Nuraddeen Nuhu
|
---|---|
Credit points |
Credit points
10
|
Prerequisites |
Prerequisites
ACCG100 or ACCG106 or ACCG1000
|
Corequisites |
Corequisites
|
Co-badged status |
Co-badged status
|
Unit description |
Unit description
This unit focuses on the role of accounting in governance and accountability. The link between accounting and governance is discussed through the concepts of measurement, valuation, conceptual framework, reporting and communication of financial and non-financial information. The unit also acquaints students with how to apply computerised accounting software to record financial transactions and adjust accounting entries, and to prepare bank reconciliation and financial statements. On the completion of this unit, students are expected to understand the role of accounting in discharging accountability, provide accounting treatment for assets, liabilities and equity, analyse and interpret financial statements, and understand the regulatory accounting environment. Critical, analytical and integrative thinking, problem solving, communication and teamwork skills are developed through treatments of accounting transactions and events, and the completion of a business report and group project. |
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 | Hurdle | Due |
---|---|---|---|
Online Class Test | 25% | No | 17/12/2020 |
Assignment | 20% | No | 4/1/2021 |
Final Examination | 55% | No | University Exam Period |
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 27 hours
Due: 17/12/2020
Weighting: 25%
The online test is designed to give feedback to students’ understanding of key topics and concepts covered, and to identify any particular learning challenges or areas of difficulty prior to final examination.
Assessment Type 1: Practice-based task
Indicative Time on Task 2: 23 hours
Due: 4/1/2021
Weighting: 20%
Individual component (20%). The individual component will require students to apply theories, frameworks and concepts to workplace scenarios through the completion of a business report.
Assessment Type 1: Examination
Indicative Time on Task 2: 40 hours
Due: University Exam Period
Weighting: 55%
A two-hour online examination (open book) will be held during the University Examination period.
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
Carlon, S., McAlpine-Mladenovic, Lee, C., Mitrione, L., Kirk, N. and Wong, L. (2019) 'Financial Accounting: Reporting, Analysis and Decision Making', Wiley, QLD, Australia.
Recommended additional materials:
Study Schedule and Weekly Readings |
||
Week |
Lecture Topics |
Weekly readings |
1 |
Introduction: accounting and governance |
See iLearn for additional material: Solomon (2019) Chapter 1 |
2 |
Internal control and cash management |
Chapters 6 and 7 |
3 |
Accounting for receivables |
Chapter 7 |
4 |
Accounting for inventory I |
Chapter 4 and 5 |
5 |
Accounting for inventory II and GST implications |
Chapter 4 and 5 |
6 |
Revision for Quiz 1 and business report |
See iLearn for additional material |
7 |
MYOB |
See iLearn for additional material |
8 | Accounting regulation and conceptual framework | Chapter 13 |
9 | Accounting for non-current assets | Chapter 8 |
Mid-Session Break |
||
10 |
Accounting for liabilities and equity |
Chapters 9 and 10 |
11 |
Financial Statement analysis |
Chapter 12 |
12 |
Accounting for partnerships |
See iLearn for additional material: Hoggett et al. (2015) Chapter 15 |
13 |
Revision |
Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
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.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/student-conduct
Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) 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 or if you are a Global MBA student contact globalmba.support@mq.edu.au
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 help you improve your marks and take control of your study.
The Library provides online and face to face support to help you find and use relevant information resources.
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
If you are a Global MBA student contact globalmba.support@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.
Date | Description |
---|---|
18/11/2020 | New due date for assignment. |