Students

MMBA8040 – Accounting for Managers

2021 – Term 2, 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

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Unit convenor and teaching staff Unit convenor and teaching staff
Jeffrey Wong
Credit points Credit points
10
Prerequisites Prerequisites
Admission to MBA or PGDipMgt or GradDipMgt or GradCertMgt or MSocEntre or GradCertSocEntre
Corequisites Corequisites
Co-badged status Co-badged status
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.

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: Apply models employed in management decision making to solve problems.
  • ULO2: Evaluate a range of business indicators to measure and track the firm’s value creation.
  • ULO3: Critically analyse the implications of a firm’s decisions/strategies for a range of stakeholders in view of the firm’s strategic considerations.
  • ULO4: Apply finance, accounting and economic theories, frameworks and methods to make business decisions.

Assessment Tasks

Name Weighting Hurdle Due
Online Participation 10% No Weekly
Syndicate Report 40% No Week 10
Final Exam 50% No University's formal examination period

Online Participation

Assessment Type 1: Participatory task
Indicative Time on Task 2: 10 hours
Due: Weekly
Weighting: 10%

 

Students are required to review reading materials (including case studies) and participate in an online discussion forum via iLearn on the practical application of concepts learned in this unit.

 


On successful completion you will be able to:
  • Apply models employed in management decision making to solve problems.
  • Evaluate a range of business indicators to measure and track the firm’s value creation.
  • Critically analyse the implications of a firm’s decisions/strategies for a range of stakeholders in view of the firm’s strategic considerations.
  • Apply finance, accounting and economic theories, frameworks and methods to make business decisions.

Syndicate Report

Assessment Type 1: Project
Indicative Time on Task 2: 25 hours
Due: 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.


On successful completion you will be able to:
  • Apply models employed in management decision making to solve problems.
  • Evaluate a range of business indicators to measure and track the firm’s value creation.
  • Critically analyse the implications of a firm’s decisions/strategies for a range of stakeholders in view of the firm’s strategic considerations.
  • Apply finance, accounting and economic theories, frameworks and methods to make business decisions.

Final Exam

Assessment Type 1: Examination
Indicative Time on Task 2: 15 hours
Due: University's formal examination period
Weighting: 50%

 

The final exam is of 2 hours duration and will be conducted online. It will be open book and covers the content of the course.

 


On successful completion you will be able to:
  • Apply models employed in management decision making to solve problems.
  • Evaluate a range of business indicators to measure and track the firm’s value creation.
  • Apply finance, accounting and economic theories, frameworks and methods to make business decisions.

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

RECOMMENDED TEXT

There is no required textbook for this unit. The following textbook is suggested:

Atrill, P., McLaney, E., & Harvey, D., 2018, Accounting for Non-Specialists, 7th Edition, Pearson Australia, ISBN: 978-1-4886-1258-9

 

TECHNOLOGY NEEDS

MGSM iLearn

The web page for this unit can be found at: https://ilearn.mq.edu.au/login/MGSM

 

DELIVERY FORMAT

Weekly class 

 

EMAIL USE

It is University policy that the University issued email account will be used for official University communication. All students are required to access their University account frequently. Only contact Macquarie University staff (including tutors), using your official MQ student’s account because this is one method used to verify your identity.

Unit Schedule

DELIVERY FORMAT

Weekly class

Students are required to attend all classes.

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. The topics and readings are as follows:

 

LECTURE SCHEDULE 

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

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.