Students

ACCG8121 – Managerial Accounting

2021 – Session 2, Special circumstances

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.

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff Unit Convenor
Lu Jiao
accg8121@mq.edu.au
Unit Moderator
Nandini Krishna Kumar
accg8121@mq.edu.au
Credit points Credit points
10
Prerequisites Prerequisites
(ACCG611 or ACCG6011) and admission to MAccg or MAccLead or MAccg(Adv) or MCom or MProfAcc or MProfAccgLead
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description

This unit focuses on the generation of information for internal decision making and examines how cost information is developed and used within organisations. A number of different costing and budgeting techniques are explained, and students are required to apply these techniques to case study scenarios. By the end of this unit, students will have developed a sophisticated level of understanding of which techniques are most appropriate in a particular situation. Students will also have developed their excel, problem-solving, communication and presentation skills.

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:

  • ULO1: Apply management accounting concepts to assess and solve real-life case scenarios.
  • ULO2: Critically analyse data to determine the relevant information and costing techniques required to make decisions.
  • ULO3: Apply effective written and oral communication skills.
  • ULO4: Apply Excel spreadsheet functions to complete managerial accounting tasks.

General Assessment Information

Late submissions of assignments

Sometimes unavoidable circumstances occur that might prevent you from submitting an assignment on time and, in that case, you may be eligible to lodge a Special Consideration request.

Unless a Special Consideration request has been submitted and approved, please note that no extensions to assignment deadlines will be granted. Assignments that are submitted late will attract a late penalty:

  1. 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.
  2. No assignment will be accepted more than 72 hours after the due date and time (incl. weekends) after the original due date.
  3. No late submissions will be accepted for timed assessments (e.g., quizzes, online tests) or for tasks with a weighting of 10% or less of the total unit assessment.

Assessment Tasks

Name Weighting Hurdle Due
Online Final Exam 60% No During the final exam period
Online Quiz 10% No Week 8
In-class Question Submission 15% No Ongoing
Excel Assignment 15% No See iLearn announcement for due date

Online Final Exam

Assessment Type 1: Examination
Indicative Time on Task 2: 36 hours
Due: During the final exam period
Weighting: 60%

 

A two-hour online open book final exam will be held during the University Examination period. All key topics will be examinable.

 
On successful completion you will be able to:
  • Apply management accounting concepts to assess and solve real-life case scenarios.
  • Critically analyse data to determine the relevant information and costing techniques required to make decisions.
  • Apply effective written and oral communication skills.

Online Quiz

Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 10 hours
Due: Week 8
Weighting: 10%

 

Students will be required to complete an online quiz to be held during the session. Students are to refer to iLearn for quiz information.

 
On successful completion you will be able to:
  • Apply management accounting concepts to assess and solve real-life case scenarios.
  • Critically analyse data to determine the relevant information and costing techniques required to make decisions.
  • Apply effective written and oral communication skills.

In-class Question Submission

Assessment Type 1: Participatory task
Indicative Time on Task 2: 24 hours
Due: Ongoing
Weighting: 15%

 

This assessment task requires students to complete in-class questions as required by your lecturers. Students are required to submit their answers after the class for marking and feedback. Refer to the assessment guide for detailed information for this assessment item.

 
On successful completion you will be able to:
  • Apply management accounting concepts to assess and solve real-life case scenarios.
  • Critically analyse data to determine the relevant information and costing techniques required to make decisions.
  • Apply effective written and oral communication skills.

Excel Assignment

Assessment Type 1: Quantitative analysis task
Indicative Time on Task 2: 10 hours
Due: See iLearn announcement for due date
Weighting: 15%

 

Students are provided with a recorded Excel virtual session, providing instructions and online materials (video tutorials, digital handouts, and Excel template). Students are then required to complete an Excel assignment addressing the key learning outcomes.

 
On successful completion you will be able to:
  • Apply Excel spreadsheet functions to complete managerial accounting tasks.

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

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 and Resources

See assessment guide on ilearn for details.

Unit Schedule

Seminar week

Week commencing:

Topic

Prescribed references

1

26 Jul

Introduction

Basic cost concepts and terms

Chapter 1

Chapter 2

2

2 Aug

Cost behaviour

Cost Volume Profit Analysis  

Chapter 3

Chapter 18 pp. 858-887

3

9 Aug

Information for decision making

Chapter 19 pp.906-929; 932-938

4

16 Aug

Pricing and product mix decisions

Chapter 20

5

23 Aug

Product Costing Systems

Service costing (self study)

Chapter 4

Chapter 6 (self study)

6

30 Aug

A Closer Look at Overhead Costs

Chapter 7 pp.290-322

7

6 Sep

Activity Based Costing

Chapter 8

MID-SESSION BREAK (From 13 Sep to 26 Sep)

8

27 Sep

Absorption and variable costing

Managing Inventory

Chapter 7 pp.323-328

Chapter 15 pp. 710-720

9

5 Oct

Budgeting

Chapter 9

Chapter 11 pp. 522 – 528

10

11 Oct

Standard Costing for Control

Chapter 10

Chapter 11 pp. 529-544

11

18 Oct

Performance measurement systems

 

Chapter 12 pp.570-577;

Chapter 13 pp.622-629

12

25 Oct

Strategic performance measurement systems

 Chapter 14

13

1 Nov

Revision

  

Policies and Procedures

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.

Student Code of Conduct

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

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

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 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. 

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

If you are a Global MBA student contact globalmba.support@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.

Unit information based on version 2021.03 of the Handbook