Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit convenor and teaching staff
Professor Chris Patel
Contact via Email: chris.patel@mq.edu.au
4 Eastern Road, Office 334
Email for appointment
Moderator
Colly He
Contact via Email
4 Eastern Road, Office 325
Email for appointment
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
Admission to MBA or PGDipMgt or GradDipMgt or GradCertMgt or MSocEntre or GradCertSocEntre
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit equips managers and potential managers with the skills and tools to construct, analyse, interpret, and act upon accounting, financial and non-financial information produced within a business to improve judgments and decisions. International and national contextual factors and theoretical frameworks are examined to provide insight into the complexities of financial decision making. The discussion and analysis begin with the three financial statements targeted at external users: statement of profit or loss, statement of financial position and statement of cash flows. The unit then proceeds into the analysis, interpretation of financial information, and the use of management accounting information for the purpose of managerial decision making. Research skills and real-life complexities in the decision-making process are highlighted. |
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:
Late Assessment Submission Penalty
Unless an application for Special Consideration has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day a written assessment is not submitted, up until the 7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the assessment is submitted. Submission time for all written assessments is set at 11.55pm. A 1-hour grace period is provided to students who experience a technical concern.
For any late submissions of time-sensitive tasks, such as scheduled tests, exams, performance assessments, and/or scheduled practical assessments/labs, students need to submit an application for Special Consideration
Special Consideration
To request an extension on the due date/time for a timed or non-timed assessment task, you must submit a Special Consideration application. An application for Special Consideration does not guarantee approval.
The approved extension date for a student becomes the new due date for that student. The late submission penalties above then apply as of the new due date
Name | Weighting | Hurdle | Due |
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Online Participation | 10% | No | During intensive classes |
Syndicate Report | 20% | No | Thursday 25 August, 2022 before 10pm |
Final Exam | 50% | No | University formal examination period |
Class Test | 20% | No | Saturday 6 August, 2022, 10 to 11am |
Assessment Type 1: Participatory task
Indicative Time on Task 2: 10 hours
Due: During intensive classes
Weighting: 10%
Students will be assessed on their class participation during the session.
Assessment Type 1: Project
Indicative Time on Task 2: 25 hours
Due: Thursday 25 August, 2022 before 10pm
Weighting: 20%
Students are required to undertake an analysis of a range of aspects of a company listed on the Australian Stock Exchange. They are required to analyse the performance of the organisation (including strategic considerations) and provide critiques and recommendations.
Assessment Type 1: Examination
Indicative Time on Task 2: 15 hours
Due: University 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.
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 15 hours
Due: Saturday 6 August, 2022, 10 to 11am
Weighting: 20%
During the mid-session, a class test will be held.
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
TECHNOLOGY NEEDS
MGSM iLearn
The web page for this unit can be found at: https://ilearn.mq.edu.au/login/MGSM
DELIVERY FORMAT
Please see iLearn for details.
Students are required to attend all classes.
SUGGESTED TEXT
Unit notes provide the key information and are written, where applicable, from the perspective of managers and executives.
While there is no required textbook for this unit, the following textbook is suggested for optional reading to provide background/supporting material where relevant:
Atrill, P., McLaney, E., Harvey, D. & Cong, L.M., 2020, Accounting: An Introduction, 8th Edition, Pearson Australia, ISBN: 978-1-4886-2569-5.
Additional references will be provided on iLearn.
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.
The weekly topics and readings are as follows:
LECTURE SCHEDULE
Topic | Primary Readings | Optional - AMHC Textbook Reading | |
Friday 29 July, 9 am to 12 | Introduction. The Nature of Accounting. International and national contextual factors influencing accounting | Unit Notes – Topic 1 | Chapters 1 & 4 |
Friday 29 July 1 pm to 5 pm | Statement of Financial Position (Balance Sheet) and Statement of Financial Performance (Income Statement/Statement of Profit or Loss) | Unit Notes – Topic 2 | Chapters 2 & 3 |
Saturday 30 July, 9 am to 12 | Statement of Cash Flows | Unit Notes – Topic 3 | Chapter 6 |
Saturday 30 July, 1 pm to 5 pm | Working Capital Management | Unit Notes – Topic 4 | |
Sunday 31 July 9 am to 12 pm | Financial Statement Analysis |
Readings in iLearn. Unit Notes – Topics 5 and 6 |
Chapters 8 & 13 |
Sunday 31 July, 1 to 5 pm |
Introduction to climate, social and other sustainable risks in financial markets Syndicate Report
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Readings in iLearn Resouces in iLearn |
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Saturday 20 August, 9 am to 12 |
Understanding accounting research and developing research skills
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Readings in iLearn.
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Saturday 20 August, 1 to 5pm Sunday 21 August, 9 am to 12
Sunday 21 August, 1 to 5 pm |
Financial Statement Analysis: Additional Insights
Cost Behaviour and Analysis Short-Term Management Planning Syndicate Report Conclusion, summary and revision |
Unit Notes – Topic 6
Unit Notes – Topics 8 & 9 |
Chapters 9 &10 |
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
At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.
The Library provides online and face to face support to help you find and use relevant information resources.
Macquarie University offers a range of Student Support Services including:
Got a question? Ask us via AskMQ, or contact Service Connect.
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.
Relevant scholarly articles are provided on iLearn to develop students' research skills to make informed financial judgments and decisions.
Additional focus is placed on research-driven teaching to enhance students' professional careers. Scholarly articles to help students develop research skills will be discussed in the seminars.
Unit information based on version 2022.06 of the Handbook