Unit convenor and teaching staff |
Unit convenor and teaching staff
Jeffrey Wong
North Ryde campus
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Credit points |
Credit points
4
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Prerequisites |
Prerequisites
Admission to MMgmt
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
Throughout this unit, a baseline of knowledge is built around financial and management accounting. From this base students are given the tools and techniques required to analyse financial accounting statements, particularly profit and loss, the balance sheet and statement of cash flows. Beyond mere calculation and presentation of financial statements, this unit equips students with the ability to analyse and interpret financial data, project and assess performance of business units and assess viability and sustainability through a financial and ethical lens.
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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:
Name | Weighting | Hurdle | Due |
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Mid-Semester Examination | 20% | No | 8 February 2018 |
Group Project | 30% | No | 15 March 2018 |
Final Examination | 50% | No | Exam week: 19 - 24 March 2018 |
Due: 8 February 2018
Weighting: 20%
More information on the mid-semester examination will be provided in-class
Due: 15 March 2018
Weighting: 30%
Group Report (15%)
The group report should compare and contrast the historical (for the last 5 years) and expected future performance for a company and a competitor in a similar line of business. The group report should be comprised of two parts, a qualitative part and a quantitative part. These two parts do NOT need to be in their own distinctive sections, and it is up to the group to structure the report in a way that makes logical sense. 5,000 word limit. To be submitted electronically.
Within the qualitative area, the discussion should include (but does not have to be limited to):
Within the quantitative area, the group should:
Individual Report (15%)
Based on the qualitative and quantitative analysis, each member individually should make a recommendation. There are three possible recommendations you can make:
You should also comment on the relative strengths and weaknesses of your entire analysis (inclusive of the group report). Your discussion should focus on what the analysis has accomplished and what are the limitations. Marking criteria will be made available in class. To be submitted electronically.
Learning outcomes from group project
By the end of this project, students will have achieved the following learning outcomes:
No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for disruption of studies is made and approved.
Due: Exam week: 19 - 24 March 2018
Weighting: 50%
The final examination is of three (3) hours and ten (10) minutes reading time.
The exam format will consist of a combination of short answer and essay style questions. More details on the exam will be provided in class. The final exam will cover content from:
You are expected to present yourself for examination at the time and place designated in the MGSM Examination Timetable. The timetable will be available at https://students.mgsm.edu.au/sydney-students/units/exams/
Requiered text
Atrill, P., McLaney, E., & Harvey, D., 2018, Accounting for Non-Specialists, 7th Edition, Pearson Australia, ISBN: 978-1-4886-1258-9
For information on textbook prices and online ordering, please refer to the Co-Op Bookshop webpage at http://www.coop.com.au
MGSM iLearn
The web page for this unit can be found at: https://ilearn.mq.edu.au/login/MGSM
Weekly class - Thursday 1pm - 5pm (Starts: 11 January 2018)
Students are required to attend all classes.
Our Unit Notes provide the key information and are written, where applicable, from the perspective of managers and executives. The textbook readings provide background/supporting material where relevant. The topics and readings are as follows:
Session |
Topic |
Primary Readings |
Textbook Readings |
1 |
The Nature of Accounting |
Unit Notes – Topic 1 |
AMH (Textbook) Chapters 1 & 4 |
2 |
Balance Sheets and Profit and Loss Statements |
Unit Notes – Topic 2 |
AMH (Textbook) Chapters 2 & 3 |
3 |
Statement of Cash Flows |
Unit Notes – Topic 3 |
AMH (Textbook) Chapter 6 |
4 |
Working Capital Management |
Unit Notes – Topic 4 |
AMH (Textbook) Chapter 13 |
5 |
Financial Statement Analysis |
Unit Notes – Topic 5 |
AMH (Textbook) Chapter 8 |
6 |
Financial Statement Analysis: Managing for Sustainable Growth |
Unit Notes – Topic 6 |
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7 |
Cost Behaviour and Analysis |
Unit Notes – Topic 7 |
AMH (Textbook) Chapters 9 & 10 |
8 |
Short-Term Management Planning |
Unit Notes – Topic 8 |
AMH (Textbook) Chapter 7 |
9 |
Business Ethics and Corporate Social Responsibility in Accounting |
Unit Notes – Topic 9 |
AMH (Textbook) Chapter 7 |
10 |
Budgeting |
Unit Notes – Topic 10 |
AMH (Textbook) Chapter 11 |
Final Exam |
19 – 24 March 2018 |
Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Undergraduate students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/student-conduct
Results shown in iLearn, 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.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For all student enquiries, visit Student Connect at ask.mq.edu.au
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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.
Our postgraduates will demonstrate a high standard of discernment and common sense in their professional and personal judgment. They will have the ability to make informed choices and decisions that reflect both the nature of their professional work and their personal perspectives.
This graduate capability is supported by:
Our postgraduates will be able to demonstrate a significantly enhanced depth and breadth of knowledge, scholarly understanding, and specific subject content knowledge in their chosen fields.
This graduate capability is supported by:
Our postgraduates will be capable of utilising and reflecting on prior knowledge and experience, of applying higher level critical thinking skills, and of integrating and synthesising learning and knowledge from a range of sources and environments. A characteristic of this form of thinking is the generation of new, professionally oriented knowledge through personal or group-based critique of practice and theory.
This graduate capability is supported by:
Our postgraduates will be capable of systematic enquiry; able to use research skills to create new knowledge that can be applied to real world issues, or contribute to a field of study or practice to enhance society. They will be capable of creative questioning, problem finding and problem solving.
This graduate capability is supported by:
Our postgraduates will be able to communicate effectively and convey their views to different social, cultural, and professional audiences. They will be able to use a variety of technologically supported media to communicate with empathy using a range of written, spoken or visual formats.
This graduate capability is supported by:
Our postgraduates will be ethically aware and capable of confident transformative action in relation to their professional responsibilities and the wider community. They will have a sense of connectedness with others and country and have a sense of mutual obligation. They will be able to appreciate the impact of their professional roles for social justice and inclusion related to national and global issues
This graduate capability is supported by:
No changes from previous offering
MISSION-DRIVEN ATTRIBUTES
GRADUATE CAPABILITIES
The interactive environment of the classroom is central to the MGSM experience. Students are required to attend the full duration of all classes for the units in which they are enrolled. We recognise that exceptional circumstances may occur, such as unavoidable travel on behalf of your organization or the serious illness or injury of you or a close family member.
Special consideration may be given for a maximum of 20% non-attendance for such circumstances as long as lecturers are contacted in advance, and supporting documentation provided, to request exemption from attendance. Failure to abide by these conditions may result in automatic withdrawal, with academic and/or financial penalty. The full Student Attendance Policy is published in the MGSM Student Handbook at https://students.mgsm.edu.au/handbook
These unit materials and the content of this unit are provided for educational purposes only and no decision should be made based on the material without obtaining independent professional advice relating to the particular circumstances involved.