Session 2 Learning and Teaching Update
The decision has been made to conduct study online for the remainder of Session 2 for all units WITHOUT mandatory on-campus learning activities. Exams for Session 2 will also be online where possible to do so.
This is due to the extension of the lockdown orders and to provide certainty around arrangements for the remainder of Session 2. We hope to return to campus beyond Session 2 as soon as it is safe and appropriate to do so.
Some classes/teaching activities cannot be moved online and must be taught on campus. You should already know if you are in one of these classes/teaching activities and your unit convenor will provide you with more information via iLearn. If you want to confirm, see the list of units with mandatory on-campus classes/teaching activities.
Visit the MQ COVID-19 information page for more detail.
Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor and Lecturer
Allyson Cox
Administrator
Charmaine D'Souza
Unit Moderator
Kevin Baird
|
---|---|
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 | Thursday 16/12/2021 9:00 -10:30 am AEST |
Assignment | 20% | No | Friday 24/12/2021 17:00 AEST |
Final Examination | 55% | No | S3 Examination period TBA |
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 20 hours
Due: Thursday 16/12/2021 9:00 -10:30 am AEST
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: 22 hours
Due: Friday 24/12/2021 17:00 AEST
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: 30 hours
Due: S3 Examination period TBA
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
Prescribed textbook and recommended materials
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
Technology used and required
Unit Web Page
Learning and Teaching Activities Classes
Classes for ACCG1001 in Session 3 2021 consist of an online lecture and an online zoom tutorial. Attendance at both is required to achieve successful student outcomes.
The lectures will be uploaded on iLearn at the end of each session, for students to further reflect on content . Each session's lecture will provide an explanation of that session's learning concepts as well as practical explanations and examples to supplement the concept materials. Each session you are expected to read both the relevant textbook chapter(s) listed in the unit schedule and any supplementary materials specified on iLearn in addition to watching the pre-recorded lecture. Lecture slides, in pdf format, will be available on the ACCG1001 iLearn web page on a session basis.
The tutorial classes will be for a duration of 1.5 hours and commence in Session 2. Students will enrol in an online zoom tutorial. The online zoom tutorials will involve the tutor and the students working through pre-set tutorial questions as well as in-class tutorial activities. Students must register for a tutorial and attend their registered tutorial. Students are advised that any changes to tutorial classes must be made online through eStudent.
The purpose of tutorials (from Session 2 to 13) is to provide an interactive learning environment in which to apply and practice the content covered in lectures. You are expected to attend the lectures and attempt tutorial homework questions before attending your registered tutorial class. The suggested solutions to tutorial homework questions will be made available on the ACCG1001 iLearn web page at the end of each session.
Study Schedule and Session Readings |
|||
Session |
Date |
Lecture Topics |
Weekly readings |
1 |
30/11/2021 |
Introduction: accounting and governance |
See iLearn for additional material: Solomon (2019) Chapter 1 |
2 |
2/12/2021 |
Internal control and cash management |
Chapters 6 and 7 |
3 |
3/12/2021 |
Accounting for receivables |
Chapter 7 |
4 |
7/12/2021 |
Accounting for inventory I |
Chapter 4 and 5 |
5 |
9/12/2021 |
Accounting for inventory II and GST implications |
Chapter 4 and 5 |
6 |
10/12/2021 |
Revision for Quiz 1 and business report |
See iLearn for additional material |
7 |
14/12/2021 |
MYOB |
See iLearn for additional material |
8 |
16/12/2021 |
Accounting regulation and conceptual framework |
Chapter 13 |
Mid-Session Break - 20 December 2021 till 3 January 2022 |
|||
9 |
4/01/2022 |
Accounting for non-current assets |
Chapter 8 |
10 |
6/01/2022 |
Accounting for liabilities and equity |
Chapters 9 and 10 |
11 |
7/01/2022 |
Financial Statement analysis |
Chapter 12 |
12 |
11/01/2022 |
Accounting for partnerships |
See iLearn for additional material: Hoggett et al. (2015) Chapter 15 |
13 |
13/01/2022 |
Final Exam Revision |
|
Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/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.
Unit information based on version 2021.04 of the Handbook