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Students

ACCG8142 – Strategic Business Reporting

2026 – Session 1, In person-scheduled-weekday, North Ryde

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff
Parmod Chand
parmod.chand@mq.edu.au
Lecturer
Charles Koh
charles.koh@mq.edu.au
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. 

General Assessment Information

Test and Research Report

Submission: Submission is compulsory.

Extension: Automatic short extension: Some assessments are eligible for automatic short extension. You can only apply for an automatic short extension before the due date.

Special Consideration: If you need more time due to serious issues and for any assessments that are not eligible for Short Extension, you must apply for Special Consideration. 

Review the Special Consideration page for further details.

Penalties: If you submit your assessment late, 5% of the total possible marks will be deducted for each day (including weekends), up to 7 days. Submissions more than 7 days late will receive a mark of 0. For example, if you score 85/100 but submit 20 hours late, you will lose 5 marks and receive 80/100.

Final Exam

Submission: Attendance is compulsory

Extension: The only exception to not sitting an examination at the designated time is because of documented illness or unavoidable disruption. In these circumstances you may wish to consider applying for Special Consideration in accordance with the University rules.

Penalties: Students who miss this exam will score zero marks. If a Supplementary Examination is granted as a result of the Special Consideration Policy the examination will be scheduled after the conclusion of the official examination period. To pass the unit students must achieve an overall passing grade in their overall assessment as per the University policy. If a Supplementary Examination is granted as a result of the Special Consideration Policy the examination will be scheduled as per the Supplementary Examination timetable of the Business School. Please note that the supplementary examination will be of the similar format as the final examination.

Assessment Tasks

Name Weighting Hurdle Due Groupwork/Individual Short Extension AI assisted?
Professional practice: Business research analysis 30% No 26/04/2026 Individual Yes Open AI
Formal examination 50% No University Examination period Individual No Observed
Formal examination: Test 20% No Week 9 Individual No Observed

Professional practice: Business research analysis

Assessment Type 1: Professional task
Indicative Time on Task 2: 25 hours
Due: 26/04/2026
Weighting: 30%
Groupwork/Individual: Individual
Short extension 3: Yes
AI assisted?: Open AI

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
  • Work readiness

Deliverable(s): Business report [max 2500 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 examination

Assessment Type 1: Examination
Indicative Time on Task 2: 40 hours
Due: University Examination period
Weighting: 50%
Groupwork/Individual: Individual
Short extension 3: No
AI assisted?: Observed

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. 

 

Deliverable(s): 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. 

Formal examination: Test

Assessment Type 1: Examination
Indicative Time on Task 2: 15 hours
Due: Week 9
Weighting: 20%
Groupwork/Individual: Individual
Short extension 3: No
AI assisted?: Observed

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(s): 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. 

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.

3 An automatic short extension is available for some assessments. Apply through the Service Connect Portal.

Delivery and Resources

Teaching staff

Unit convenor:

Associate Professor Parmod Chand

Telephone: 9850 6137

E-mail: parmod.chand@mq.edu.au

Lecturer:

Dr Charles Koh

Telephone: TBA

E-mail: charles.koh@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.

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 1 - 2026

Week

Commencing

Topic

 

1

Feb 23

Introduction to Strategic Business Reporting

 

The financial reporting framework

 

The professional and ethical duties of accountants

2

March 2

Revenue

 

Non-current assets

 

3

March 9

Non-current assets contd.

4

March 16

Provisions, contingencies & events after the reporting period

 

Leases

5

March 23

Non-current assets held for sale

 

Income taxes

 

Share-based payments

6

March 30

Employee benefits

 

Interpreting financial statements

 

 

 

April 6 to 19: MID-SESSION BREAK (2 Weeks Break)

 

7

April 20

Financial instruments

8

April 27

Group accounting - basic groups

 

Joint arrangements and group disclosures

9

May 4

Changes in group structure - step acquisition

 

Disposals and reorganisations

10

May 11

Group statement of cash flows

11

May 18

Foreign transactions & entities Reporting for SMEs

 

Effects of changes to accounting regulation

12

May 25

Revision I                                 

13

June 1

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:

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

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

Academic Success

Academic Success 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 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 2026.03 of the Handbook