Students

ACCG8146 – Advanced Performance Management

2021 – Session 1, Special circumstances

Notice

As part of Phase 3 of our return to campus plan, most units will now run tutorials, seminars and other small group activities on campus, and most will keep an online version available to those students unable to return or those who choose to continue their studies online.

To check the availability of face-to-face and online 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.

General Information

Download as PDF
Unit convenor and teaching staff Unit convenor and teaching staff
Muhammad Atif
Room 353, 4ER
Credit points Credit points
10
Prerequisites Prerequisites
ACCG926 or ACCG8126
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description

This unit requires students to apply relevant knowledge and skills, and to exercise professional judgement in selecting and applying strategic management accounting techniques in different business contexts and to contribute to the planning, control and evaluation of the performance of an organisation, and to its strategic and operational development.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://students.mq.edu.au/important-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • ULO1: Use strategic planning and control models to plan and monitor organisational performance.
  • ULO2: Apply skills to assess the impact of risk and uncertainty on organisational performance.
  • ULO3: Identify and evaluate the design features of effective performance management information and monitoring systems, and recognise the impact of developments in technology on performance measurement and management systems.
  • ULO4: Apply appropriate strategic performance measurement techniques in evaluating and improving organisational performance.

Assessment Tasks

Name Weighting Hurdle Due
Class Test 1 20% No Week 6
Class Test 2 20% No Week 10
Final Examination 60% No Exam period

Class Test 1

Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 18 hours
Due: Week 6
Weighting: 20%

 

During the first part of the session an online test will be held, based on past ACCA exam questions and covering the class materials in the lead up to the test. The test is designed to give feedback to the understanding of key topics and concepts of topics covered and to identify any particular learning challenges or areas of difficulty prior to the final examination. 

 


On successful completion you will be able to:
  • Use strategic planning and control models to plan and monitor organisational performance.
  • Apply skills to assess the impact of risk and uncertainty on organisational performance.

Class Test 2

Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 18 hours
Due: Week 10
Weighting: 20%

 

During the second part of the session a second online test will be held, based on past ACCA exam questions and covering the class materials in the lead up to the test. The test is designed to give feedback to the understanding of key topics and concepts of topics covered and to identify any particular learning challenges or areas of difficulty prior to the final examination. 

 


On successful completion you will be able to:
  • Use strategic planning and control models to plan and monitor organisational performance.
  • Apply skills to assess the impact of risk and uncertainty on organisational performance.
  • Identify and evaluate the design features of effective performance management information and monitoring systems, and recognise the impact of developments in technology on performance measurement and management systems.

Final Examination

Assessment Type 1: Examination
Indicative Time on Task 2: 30 hours
Due: Exam period
Weighting: 60%

 

A two hour online final examination will be held during the University Examination period.

 


On successful completion you will be able to:
  • Use strategic planning and control models to plan and monitor organisational performance.
  • Apply skills to assess the impact of risk and uncertainty on organisational performance.
  • Identify and evaluate the design features of effective performance management information and monitoring systems, and recognise the impact of developments in technology on performance measurement and management systems.
  • Apply appropriate strategic performance measurement techniques in evaluating and improving organisational performance.

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 Learning Skills Unit 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

Classes: Students are required to attend thirteen 3 hour online lectures. The timetable for classes is on the University website at https://timetables.mq.edu.au/2021/.

Required Texts and Materials: We will be using the following materials from BPP Learning Media:

• ACCA P5 Advanced Performance Management: Workbook 2nd edition ISBN 978-1-5097-8292-5

• ACCA P5 Advanced Performance Management: Practice and Revision Kit 14 edition ISBN 978-1-5097-8397-7

• There will be supplemental readings and materials available on the unit website.

• The following Journal is useful as an additional reference: ACCA's Student Accountant magazine.

Technology used and required: Students are expected to have:

• Proficiency in Word, Excel and Powerpoint Knowledge of Macquarie University iLearn for downloading lecture materials, etc.

• Knowledge of the library research databases - for accessing additional research material.

• Access to a personal computer to be able to access iLearn, participate in lectures, and submit completed assessments material online.

Unit web page: Course contents are available on the learning management system (iLearn). The web page for this unit is at http://mq.edu.au/iLearn/index.htm

Unit Schedule

ACCG8146 Advanced Performance Management

Session 1, 2021

UNIT SCHEDULE

 

WEEK

DATE

TOPIC

1

25 February

Introduction to Advanced Performance Management:

Strategic Management Accounting

  1. Strategic performance management
  2. Benchmarking
  3. Strategic models and performance management
  4. Impact of the external environment on performance
  5. Changing role of the management accountant

 

2

4 March

Performance hierarchy

  1. Mission and mission statements
  2. Objectives
  3. Critical success factors (CSF’s)
  4. Key performance indicators (KPI’s)

Performance management and control

  1. The purpose of budgets
  2. Approaches to budgeting
  3. Evaluating budget variances

3

11 March

Organisational change, environmental and ethical issues:

  1. Performance management issues in different business structures
  2. Performance management in service businesses
  3. Business integration
  4. Business Process Re-engineering
  5. Influence of structure, culture, and strategy
  6. Stakeholders
  7. Environmental management accounting

4

18 March

Impact of risk and uncertainty:

  1. Breakeven Analysis
  2. Value of perfect information

Performance measurement systems and reports:

  1. Performance management information systems
  2. Sources of management information
  3. Recording and processing data
  4. Big data and data analytics
  5. Management reports

5

25 March

Strategic performance measures in the private sector:

  1. Profitability Measures
  2. Project appraisal techniques including NPV, IRR and MIRR
  3. Liquidity Measures
  4. Risk Measures

Start Divisional Performance and transfer pricing issues:

  1. Responsibility centres
  2. ROI and RI
  3. Economic Value-Added EVA

6

1 April

Class test 1 – 2 x 25 mark exam questions covering syllabus to date. (1 hr 30 Mins) Plus 10 Mins Reading Time.

 Finish Divisional Performance and transfer pricing issues:

4.  Transfer Pricing

Strategic performance measures in not for profit organisations:

  1. Value for money
  2. Issues related to measuring economy, efficiency, and effectiveness
  3. Undesirable outcome arising from the use of targets

 

****MID-SESSION BREAK: 5-16 April****

 

7

22 April

Non-financial performance Indicators:

  1. Financial and non-financial indicators
  2. The significance of non-financial performance indicators
  3. Interpreting data about qualitative issues’
  4. Brands and performance

8

29 April

The role of quality in performance management systems

  1. Just in time systems (JIT)
  2. Target costing and Kaizen costing
  3. Total quality management (TQM)
  4. Quality management and costs of quality
  5. Six Sigma

9

6 May

Performance Measurement and Strategic HRM issues:

  1. Strategic human resource management
  2. Reward systems.

Alternative views of performance measurement and management:

  1. Balanced Scorecard and issues
  2. Value based management and issues

10

13 May

Class test 2 – 2 x 25 mark exam questions covering syllabus to date. (1 hr 30 Mins) Plus 10 Mins Reading Time.

Strategic performance issues in complex business structures:

  1. Complex business structures
  2. Strategic alliances
  3. Joint ventures
  4. Virtual organisations
  5. Supply chain management

11

20 May

Predicting and preventing corporate failure:

  1. Working capital ratios
  2. Industry life cycle and its implication for portfolio management
  3. Performance improvement strategies.

12

27 May

Revision and Exam Practice

13

3 June

Revision and Exam Practice

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 Enquiry Service

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

Equity 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.

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.