Assessment task 1: Professional Practice – Cost Analysis Assignment (35%)

The purpose of this assessment is for you to gain professional practice in how to conduct cost analysis and how that influences managerial decision making.You will apply theoretical concepts covered in this course to practical examples of incorporating cost analysis in managerial decision making.

The assignment will cover lecture topics from weeks 1 to 5. The assignment will be released on iLearn on 28 August (Thursday in Week 5). You are required to complete and submit the assignment via iLearn by 11:55pm on 12 Sep (Friday in Week 7).

Mark of ZERO will be given for non-submission. Unless an application for Special Consideration has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day, up until the 7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the assessment is submitted.

Assessment task 2: Excel assignment (30%)

The excel assignment consists of two parts, 20% of the written excel assignment and 10% of online quiz.

The written excel assignment will be released on iLearn on 8 September (Monday Week 7). You are required to complete and submit the excel assignment via iLearn by 11:55pm on 21 September (Sunday of Week 8). A mark of ZERO will be given for non-submission. Unless an application for Special Consideration has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day, up until the 7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the assessment is submitted.

You are also required to complete an online quiz which assesses your knowledge covered in the written assignment. The quiz will consist of 20 multiple choice questions and will become available on iLearn from 7 October 9am to 9 October 9pm. Only one attempt is allowed and once you start you will have 20 minutes to complete the quiz.  

For enquiries in relation to the excel assignment, please contact Ms Nicky Bull via nicole.bull@mq.edu.au. More details about the excel assignment will be uploaded on iLearn in due course.

Assessment task 3: Class test (35%)

The class test will be conducted via iLearn during your tutorial time in week 13.

Students who are enrolled in online tutorials must attend the class test on campus in week 13.

The test will cover lecture topics from Weeks 6 to 12.

More details in relation to the tests will be provided on iLearn in due course. You must complete the test in your registered tutorial class (Attendance will be taken). No extension will be granted except for cases in which an application for special consideration is made and approved.

Classes

Students should attend three hours of face-to-face/online teaching per topic consisting of a one-and half hour lecture and a one-and-half hour tutorial. Students are advised to note that any changes to tutorial classes must be made online through eStudent. Students wishing to change their tutorial time should login to eStudent and enrol in a class where there is a vacancy. Staff members WILL NOT deal with tutorial changes unless there are exceptional circumstances. It is each student’s responsibility to know which tutorial group they have been allocated to. Students will not be awarded any tutorial marks unless they attend the class in which they are formally enrolled. 

Prizes

Details of prizes for this unit are available at: http://www.businessandeconomics.mq.edu.au/undergraduate_degrees/prizes_scholarships.

Required and Recommended Texts and/or Materials

Management Accounting: Information for Creating and Managing Value By Kim Langfield-Smith, David Smith, Paul Andon, Ronald Hilton, and Helen Thorne, 9th edition 2021, McGraw-Hill.

Access to this text is essential for lecture references and revision questions. This text (Ebook and print versions) can be purchased directly via: https://www.mheducation.com.au/9781743767603

15% Discount Code: 2025SL15

Unit Web Page

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

You should also contact the IT helpdesk if you need assistance with using this website. Alternatively, use the help feature provided. Make sure that when you have finished website that you Log Out. Failure to do so could allow unauthorised access to your account.

The following information will be available on the website:

• Unit guide

• Important announcements

• Lecture notes

• Staff consultation hours

• Staff contact details

• Tutorial questions and solutions

• Online practice quizzes

• Other relevant material

You are encouraged to regularly check the website and use it as an information and resource centre to assist with your learning.

Teaching and Learning Strategy

The course is structured around a 1.5 hour lecture and a 1.5 hour tutorial per topic. Lectures are intended to provide students with an overview of the main concepts and techniques. Lectures may not cover all of the material and students are expected to read all of the prescribed references prior to the lecture. Tutorials will be run on a workshop basis with students being given the opportunity to apply the concepts to additional problems and exercises. The tutorials are designed to provide an interactive environment in which students will be able to discuss issues and problems with each other, and their tutor, in order to improve their understanding of material. Regular class attendance, reading of prescribed references and the completion of tutorial and revision questions are essential for satisfactory progress in this course.

Lecture slides and additional material for tutorials and lectures will be available to download via the unit website.  Any other announcement regarding the unit will also be available from the website.