Students

ACCG8141 – Strategic Business Leader I

2023 – Session 1, In person-scheduled-weekday, North Ryde

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff Unit Convenor and Lecturer
Tas Husain
tas.husain@mq.edu.au
Level 3 (Office 354), 4ER Building
Please see iLearn
Moderator
Sophia Su
sophia.su@mq.edu.au
Credit points Credit points
10
Prerequisites Prerequisites
ACCG926 or ACCG8126
Corequisites Corequisites
ACCG943 or ACCG8143
Co-badged status Co-badged status
Unit description Unit description

This unit, part 1 of the strategic business leader series, provides knowledge about governance within an organisation in the broad context of the agency relationship. It focuses on the respective roles and responsibilities of directors and officers to organisational stakeholders and of accountancy and auditing as a support and control functions. The topics addressed include internal review, control and feedback, compliance issues relating to decision-making and the decision support function as well as risk controls. In addition, the unit critically examines professional ethical issues, ethical frameworks and professional values as applied in the context of the accountants’ duties in senior consultancy or advisory capacities and as a guide to appropriate professional behaviour and conduct in a variety of situations.

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: Critically analyse the role of governance, risks and ethics in accounting.
  • ULO2: Evaluate the effectiveness of the governance and agency system in an organisational context.
  • ULO3: Analyse the professional accountant's role in internal control, review and compliance.
  • ULO4: Apply responsible risk management onto the organisation by identifying, assessing, controlling and mitigating risk.
  • ULO5: Apply professional values and judgements through an ethical framework that is in the best interests of society and the accounting profession.

General Assessment Information

Late Assessment Submission Penalty (written assessments)

Unless a Special Consideration request 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/presentations, and/or scheduled practical assessments/labs, students need to submit an application for Special Consideration

Assessment Tasks

Name Weighting Hurdle Due
Assessed coursework 20% No Throughout
Written Assignment 20% No See iLearn
Final Examination 60% No University Exam Period

Assessed coursework

Assessment Type 1: Participatory task
Indicative Time on Task 2: 49 hours
Due: Throughout
Weighting: 20%

Homework exercises form a critical part in the study process, as they serve to reinforce concepts that are covered in class or online. Students will be required to attend seminars with their weekly homework. The teaching staff will check that these are satisfactorily attempted. The teaching staff will assess weekly homework on six (6) occasions without prior notice. Marks are awarded for the original effort, completeness and evidence that corrections are made as appropriate. The homework component will be worth 15%, with each assessed submission counting for 2.5%. The remaining 5% will be based on the quality and frequency of the student's seminar participation. Students should be prepared to engage constructively in open discussions on relevant topical issues.
On successful completion you will be able to:
  • Critically analyse the role of governance, risks and ethics in accounting.
  • Evaluate the effectiveness of the governance and agency system in an organisational context.
  • Analyse the professional accountant's role in internal control, review and compliance.
  • Apply responsible risk management onto the organisation by identifying, assessing, controlling and mitigating risk.
  • Apply professional values and judgements through an ethical framework that is in the best interests of society and the accounting profession.

Written Assignment

Assessment Type 1: Case study/analysis
Indicative Time on Task 2: 20 hours
Due: See iLearn
Weighting: 20%

The purpose of this assignment is to allow students to put governance and risk concepts into practice in a real life setting and allow students to demonstrate their knowledge on a group and individual basis. The assignment should help students reflect on their learning and link concepts learned in the unit to professional practice. In addition to a written assignment of approximately 1 800 words (10%), there is a group-based presentation (10%) based on the assignment in which students are marked individually. This is a formative assessment designed to prepare students for the final exam.
On successful completion you will be able to:
  • Critically analyse the role of governance, risks and ethics in accounting.
  • Evaluate the effectiveness of the governance and agency system in an organisational context.
  • Analyse the professional accountant's role in internal control, review and compliance.
  • Apply responsible risk management onto the organisation by identifying, assessing, controlling and mitigating risk.

Final Examination

Assessment Type 1: Examination
Indicative Time on Task 2: 20 hours
Due: University Exam Period
Weighting: 60%

 

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

 
On successful completion you will be able to:
  • Critically analyse the role of governance, risks and ethics in accounting.
  • Evaluate the effectiveness of the governance and agency system in an organisational context.
  • Analyse the professional accountant's role in internal control, review and compliance.
  • Apply responsible risk management onto the organisation by identifying, assessing, controlling and mitigating risk.
  • Apply professional values and judgements through an ethical framework that is in the best interests of society and the accounting profession.

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

Please see iLearn for details.

Unit Schedule

 

Week  Topic

1

Introduction to Strategic Business Leader

2

Agency and stakeholder analysis.

3

Corporate social responsibility and stakeholder reporting.

4

Governance scope and approaches.

5

The board of directors.

6

Ownership and public sector governance.

7

Identification, assessment and measurement of risk.

8

Managing, monitoring and mitigating risk.

9

Management internal control systems and reporting.

10

Audit and compliance.

11

Professionalism, ethical codes and the public interest (I).

12

Professionalism, ethical codes and the public interest (II).

13

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

Academic Integrity

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.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

The Writing Centre

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. 

Student Services and Support

Macquarie University offers a range of Student Support Services including:

Student Enquiries

Got a question? Ask us via AskMQ, or contact Service Connect.

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.

Changes from Previous Offering

The Final Exam description has changed. The word "online" has been removed and specific details will be provided on iLearn. 

Changes since First Published

Date Description
09/02/2023 The description of Final Exam assessment has changed. The word "online has been removed. Also the following sentence has been removed: "The final exam is a summative assessment designed to let students demonstrate the knowledge and skills they have attained in the previous three assessments."

Unit information based on version 2023.03 of the Handbook