Students
ACCG8142 – Strategic Business Reporting
2025 – Session 2, In person-scheduled-weekday, North Ryde
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Colly He
Moderator
Parmod Chand
|
|---|---|
| Credit points |
Credit points
10
|
| Prerequisites |
Prerequisites
ACCG926 or ACCG8126
|
| Corequisites |
Corequisites
|
| Co-badged status |
Co-badged status
|
| Unit description |
Unit description
The aim of this unit is to discuss, apply and evaluate the concepts, principles and practices underpinning the preparation and interpretation of corporate reports. It looks into the assessment of managements’ stewardship and ethics and considers the needs of the wider group of stakeholders. The content examines the financial reporting framework within which accountants operate. The detailed financial reporting requirements for entities are examined, leading to the preparation of group financial reports in accordance with International Financial Reporting Standards. The unit deals with the nature of reporting for specialised entities including small to medium sized enterprises. The unit explores and demonstrates the role of the accountant as both a financial analyst and an adviser, through assessment of the financial performance and position of reporting entities. The accountant’s role is examined, in assessing and advising on the implications of accounting regulations on financial reporting. |
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: Apply fundamental ethical and professional principles to situations and discuss the effects of unethical behaviour.
- ULO2: Evaluate the financial reporting framework and discuss developments in accounting regulations.
- ULO3: Apply professional judgement in reporting the financial performance of entities.
- ULO4: Prepare consolidated financial statements and all accompanying information, in accordance with the regulatory requirements and group financial statements where significant activities had been discontinued.
- ULO5: Analyse financial statements to evaluate and assess the financial performance and financial position of the reporting entity.
- ULO6: Discuss the effects of changes to accounting regulation on financial reporting.
Assessment Tasks
| Name | Weighting | Hurdle | Due |
|---|---|---|---|
| Professional Practice: Business Research Analysis | 30% | No | Week 7 |
| Formal and Observed Learning: Test | 20% | No | Week 9 |
| Formal and Observed Learning: Exam | 50% | No | University Examination Period |
Professional Practice: Business Research Analysis
Assessment Type 1: Report
Indicative Time on Task 2: 25 hours
Due: Week 7
Weighting: 30%
The purpose of this assessment is to develop your ability to identify, research, and critically evaluate contemporary or emerging issues in accounting or financial reporting. You will critically evaluate and report on the selected issue, demonstrating your ability to conduct thorough research and present your findings. Skills in focus:
- Critical thinking and Problem Solving
- Discipline Knowledge
Deliverable: Business Report [max: 2,500 words] Individual assessment
On successful completion you will be able to:
- Evaluate the financial reporting framework and discuss developments in accounting regulations.
- Analyse financial statements to evaluate and assess the financial performance and financial position of the reporting entity.
Formal and Observed Learning: Test
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 15 hours
Due: Week 9
Weighting: 20%
The purpose of this assessment is for you to demonstrate your understanding and knowledge of key topics from the unit. You will participate in a formal test. Feedback on this test will help you assess your progress through the unit content. Deliverable: Test Individual assessment
On successful completion you will be able to:
- Apply fundamental ethical and professional principles to situations and discuss the effects of unethical behaviour.
- Evaluate the financial reporting framework and discuss developments in accounting regulations.
- Apply professional judgement in reporting the financial performance of entities.
- Prepare consolidated financial statements and all accompanying information, in accordance with the regulatory requirements and group financial statements where significant activities had been discontinued.
- Analyse financial statements to evaluate and assess the financial performance and financial position of the reporting entity.
- Discuss the effects of changes to accounting regulation on financial reporting.
Formal and Observed Learning: Exam
Assessment Type 1: Examination
Indicative Time on Task 2: 40 hours
Due: University Examination Period
Weighting: 50%
The purpose of this assessment is for you to formally demonstrate the expertise you have gained in this unit. You will participate in a 2-hour exam held during the University Examination period. Important information about the exam will be made available on the unit iLearn page. You should also review the MQ Exams website for general tips: https://students.mq.edu.au/study/assessment-exams/exams Deliverable: Formal exam Individual assessment
On successful completion you will be able to:
- Apply fundamental ethical and professional principles to situations and discuss the effects of unethical behaviour.
- Evaluate the financial reporting framework and discuss developments in accounting regulations.
- Apply professional judgement in reporting the financial performance of entities.
- Prepare consolidated financial statements and all accompanying information, in accordance with the regulatory requirements and group financial statements where significant activities had been discontinued.
- Analyse financial statements to evaluate and assess the financial performance and financial position of the reporting entity.
- Discuss the effects of changes to accounting regulation on financial reporting.
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
Teaching Staff
Unit convenor: Dr Colly He
Telephone: 9850 8520
E-mail: liyu.he@mq.edu.au
Contacting Staff
• Consultation times
Staff will be available for consultation; these times will be posted to unit homepage by Week 1 of the session. You are encouraged to seek help at a time that is convenient to you from staff on this unit during their specified consultation hours. In special circumstances, an appointment may be made outside regular consultation hours. Staff will not conduct any consultations by e-mail. You may, however, phone staff during their consultation hours.
• Other ways of contacting staff
The most effective way for students to contact staff is via email. Students experiencing significant difficulties with any topic in the unit are strongly encouraged to seek assistance immediately.
Classes
There are 3 hours of contact for learning per week consisting of 1 x 3 hour seminar (lecture and tutorial).
Required and Recommended Texts and/or Materials
Please refer to iLearn.
Technology Used and Required
You will need basic skills with Microsoft Word, Microsoft Excel and Microsoft PowerPoint. The research report e-copy can be submitted in Word or PDF. You will also be required to access the Internet in order to conduct research and Macquarie University’s iLearn teaching facility (refer to the detail contained below in Unit Web Page).
Unit Web Page
The university’s on-line learning site “iLearn” is used to provide announcements, forms, some course materials (including weekly lecture notes) and to submit e-copies of the assignment. Login at http://learn.mq.edu.au/
Unit Schedule
SUMMARY OF ACCG 8142 PROGRAM: SESSION 2 - 2025
| Week | Commencing | Topic |
| 1 | Jul 28 |
Introduction to strategic business reporting The financial reporting framework The professional and ethical duties of accountants |
| 2 | Aug 4 |
Revenue Non-current assets |
| 3 | Aug 11 | Non-current assets contd. |
| 4 | Aug 18 |
Provisions, contingencies & events after the reporting period Leases |
| 5 | Aug 25 |
Non-current assets held for sale Income taxes Share-based payments |
| 6 | Sep 1 |
Employee benefits Interpreting financial statements |
| 7 | Sep 8 | Financial instruments |
| 8 | Sep 15 |
Group accounting - basic groups Joint arrangements and group disclosures |
| Mid-session Break: Sep 22 to Oct 3 (2 Weeks Break) | ||
| 9 | Oct 6 |
Changes in group structure - step acquisition Disposals and reorganisations |
| 10 | Oct 13 | Group statement of cash flows |
| 11 | Oct 20 |
Foreign transactions & entities reporting for SMEs Effects of changes to accounting regulation |
| 12 | Oct 27 | Revision I |
| 13 | Nov 3 | Revision II |
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:
- Academic Appeals Policy
- Academic Integrity Policy
- Academic Progression Policy
- Assessment Policy
- Fitness to Practice Procedure
- Assessment Procedure
- Complaints Resolution Procedure for Students and Members of the Public
- Special Consideration Policy
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 connect.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
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Academic Success
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- Workshops
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- Complete the Academic Integrity Module
The Library provides online and face to face support to help you find and use relevant information resources.
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- IT Support
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- Social support including information about finances, tenancy and legal issues
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Student Enquiries
Got a question? Ask us via the Service Connect Portal, 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.
Unit information based on version 2025.03 of the Handbook