Overview
This unit builds on the concepts of managerial accounting introduced in first-year accounting. The unit develops underlying concepts and applications of management accounting tools based on the traditional allocation approach and absorption costing method. Activity based costing and its use to manage activities is introduced. In this unit you will integrate theoretical and technical management accounting knowledge, exercise judgment, and employ critical thinking skills in applying management accounting concepts and tools to solve problems, make management accounting decisions and evaluate the impact of these decisions on profitability.
Details
Pre-requisites or Co-requisites
Prerequisite: ACCT11081 or ACCT19084.
Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).
Offerings For Term 1 - 2024
Attendance Requirements
All on-campus students are expected to attend scheduled classes - in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).
Recommended Student Time Commitment
Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.
Class Timetable
Assessment Overview
Assessment Grading
This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of 'pass' in order to pass the unit. If any 'pass/fail' tasks are shown in the table above they must also be completed successfully ('pass' grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the 'assessment task' section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University's Grades and Results Policy for more details of interim results and final grades.
All University policies are available on the CQUniversity Policy site.
You may wish to view these policies:
- Grades and Results Policy
- Assessment Policy and Procedure (Higher Education Coursework)
- Review of Grade Procedure
- Student Academic Integrity Policy and Procedure
- Monitoring Academic Progress (MAP) Policy and Procedure - Domestic Students
- Monitoring Academic Progress (MAP) Policy and Procedure - International Students
- Student Refund and Credit Balance Policy and Procedure
- Student Feedback - Compliments and Complaints Policy and Procedure
- Information and Communications Technology Acceptable Use Policy and Procedure
This list is not an exhaustive list of all University policies. The full list of University policies are available on the CQUniversity Policy site.
Feedback, Recommendations and Responses
Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.
Feedback from Student evaluation
Learning resources
Develop clear unit requirements.
Feedback from Student evaluation
Learning resources
Improve the quality of the learning materials, especially the video resources.
Feedback from Student evaluation
Learning resources
Provide clear and useful feedback on assessments.
- Exercise judgment under supervision to provide possible solutions to routine problems and make decisions in management accounting
- Integrate theoretical and technical management accounting knowledge in applying numerous cost concepts and pricing approaches to solve routine management accounting problems and to make decisions
- Critically apply theoretical and technical management accounting knowledge and skills to solve routine management accounting problems and make decisions.
Alignment of Assessment Tasks to Learning Outcomes
| Assessment Tasks | Learning Outcomes | ||
|---|---|---|---|
| 1 | 2 | 3 | |
| 1 - Online Quiz(zes) - 10% | |||
| 2 - Practical and Written Assessment - 40% | |||
| 3 - Online Test - 50% | |||
Alignment of Graduate Attributes to Learning Outcomes
| Graduate Attributes | Learning Outcomes | ||
|---|---|---|---|
| 1 | 2 | 3 | |
| 1 - Communication | |||
| 2 - Problem Solving | |||
| 3 - Critical Thinking | |||
| 4 - Information Literacy | |||
| 5 - Team Work | |||
| 6 - Information Technology Competence | |||
| 7 - Cross Cultural Competence | |||
| 8 - Ethical practice | |||
| 9 - Social Innovation | |||
| 10 - First Nations Knowledges | |||
| 11 - Aboriginal and Torres Strait Islander Cultures | |||
Textbooks
Horngren's Cost Accounting - A Managerial Emphasis
- 17th Global Edition (2021)
- Authors: S.M. Datar and M.V. Rajan
- Pearson
- Sydney Sydney , NSW , Australia
- ISBN: 978-1-292-36320-2
- Binding: eBook
IT Resources
- CQUniversity Student Email
- Internet
- Unit Website (Moodle)
All submissions for this unit must use the referencing style: American Psychological Association 7th Edition (APA 7th edition)
For further information, see the Assessment Tasks.
k.islam@cqu.edu.au
jingduan.li@cqu.edu.au
Week 1
Begin Date: 04 Mar 2024Module/Topic
The Manager and Management Accounting
Chapter
1
Events and Submissions/Topic
Assessment Task 1: Online Trial Quiz
Week 2
Begin Date: 11 Mar 2024Module/Topic
An Introduction to Cost Terms and Purposes
Chapter
2
Events and Submissions/Topic
Assessment Task 1: Online Quiz 1
Week 3
Begin Date: 18 Mar 2024Module/Topic
Cost-Volume-Profit Analysis
Chapter
3
Events and Submissions/Topic
Assessment Task 1: Online Quiz 2
Week 4
Begin Date: 25 Mar 2024Module/Topic
Job Costing
Chapter
4
Events and Submissions/Topic
Assessment Task 1: Online Quiz 3
Week 5
Begin Date: 01 Apr 2024Module/Topic
Activity-Based Costing and Activity-Based Management
Chapter
5
Events and Submissions/Topic
Assessment Task 1: On-line Quiz 4
Vacation Week
Begin Date: 08 Apr 2024Module/Topic
Chapter
Events and Submissions/Topic
Week 6
Begin Date: 15 Apr 2024Module/Topic
Master Budget and Responsibility Accounting (also covers Strategic Plans)
Chapter
6
Events and Submissions/Topic
Assessment Task 1: Online Quiz 5
Week 7
Begin Date: 22 Apr 2024Module/Topic
Flexible Budgets, Direct Cost Variances and Management Control
Chapter
7
Events and Submissions/Topic
Assessment Task 1: Online Quiz 6
Week 8
Begin Date: 29 Apr 2024Module/Topic
Flexible Budgets, Overhead Cost Variances, and Management Control
Chapter
8
Events and Submissions/Topic
Assessment Task 1: Online Quiz 7
Week 9
Begin Date: 06 May 2024Module/Topic
Decision Making and Relevant Information
Chapter
12
Events and Submissions/Topic
Assessment Task 1: Online Quiz 8
PRACTICAL AND WRITTEN ASSESSMENT Due: Week 9 Friday (10 May 2024) 11:45 pm AEST
Week 10
Begin Date: 13 May 2024Module/Topic
Strategy, Balanced Scorecard, and Strategic Profitability Analysis
Chapter
13
Events and Submissions/Topic
Assessment Task 1: Online Quiz 9
Week 11
Begin Date: 20 May 2024Module/Topic
Process Costing
Chapter
18
Events and Submissions/Topic
Assessment Task 1: Online Quiz 10
Week 12
Begin Date: 27 May 2024Module/Topic
Chapter
Events and Submissions/Topic
Review/Exam Week
Begin Date: 03 Jun 2024Module/Topic
Chapter
Events and Submissions/Topic
Exam Week
Begin Date: 10 Jun 2024Module/Topic
Chapter
Events and Submissions/Topic
1 Online Quiz(zes)
Each of the 10 on-line quizzes is worth 1% of the total grade for the unit. The on-line quizzes will open on a weekly basis from weeks 1 to 11, with week 1 being a trial on-line test to get the students familiar with the process.
The materials assessed in each on-line test in a week will be on key concepts and problems to be covered in that week. For example on-line Test 1 (opens on Monday of week 1 and closes on Sunday of week 1) will assess the content to be taught in week 1.
Each on-line quiz will open at 9.00 AM AEST on Monday and close at 11.45 PM AEST on Sunday of the same week. You have a whole week to review your learning materials and attempt the on-line quiz for that week.
You have one attempt for each on-line test and have 20 minutes to complete the same. Each test will consist of 10 multiple choice questions.
10
Weekly
Each quiz is due Sunday at 11.45 PM AEST from weeks 2 to 11. Week 1 is for trial.
Your results of the quiz will be automatically generated and displayed upon completion of the quiz.
The assessment will assess students' understanding of the management accounting concepts and problems covered in the learning/teaching materials including textbook, lecture slides and recorded lectures. Each quiz is relevant to one unique chapter and will be marked electronically.
- Exercise judgment under supervision to provide possible solutions to routine problems and make decisions in management accounting
- Integrate theoretical and technical management accounting knowledge in applying numerous cost concepts and pricing approaches to solve routine management accounting problems and to make decisions
2 Practical and Written Assessment
This is a group task. Each group consisting of 3 to 4 students will be required to work on a single case or multiple cases or problems.
Groups for online students will be formed and advised through moodle by week 4.
The assessment task will be available in moodle in Week 5 and is due in Week 9.
Week 9 Friday (10 May 2024) 11:45 pm AEST
The assessment feedback will be due back on Friday in Week 11.
The assessment criteria for this assessment includes students' ability to understand, analyse and interpret management accounting concepts and problems.
When preparing for the assignment, students should refer to specific assessment criteria outlined within the assignment as well as to any relevant advice posted in Moodle by the Unit Coordinator.
- Integrate theoretical and technical management accounting knowledge in applying numerous cost concepts and pricing approaches to solve routine management accounting problems and to make decisions
- Critically apply theoretical and technical management accounting knowledge and skills to solve routine management accounting problems and make decisions.
3 Online Test
The Invigilated Online Test is open-book and will be scheduled during the university exam period. You will be advised during the term of the scheduled date and time of the test.
The Invigilated Online Test will involve:
1. Accessing and answering the same on the Moodle platform with appropriate protocols in place.
Further information on the online test will be available in week 10.
Online Test is due in the exam period. Due date will be published in moodle in week 10.
Results will be published on the certification date.
This assessment will assess students' ability to solve problems, applying the knowledge of various management accounting concepts.
- Exercise judgment under supervision to provide possible solutions to routine problems and make decisions in management accounting
- Critically apply theoretical and technical management accounting knowledge and skills to solve routine management accounting problems and make decisions.
As a CQUniversity student you are expected to act honestly in all aspects of your academic work.
Any assessable work undertaken or submitted for review or assessment must be your own work. Assessable work is any type of work you do to meet the assessment requirements in the unit, including draft work submitted for review and feedback and final work to be assessed.
When you use the ideas, words or data of others in your assessment, you must thoroughly and clearly acknowledge the source of this information by using the correct referencing style for your unit. Using others’ work without proper acknowledgement may be considered a form of intellectual dishonesty.
Participating honestly, respectfully, responsibly, and fairly in your university study ensures the CQUniversity qualification you earn will be valued as a true indication of your individual academic achievement and will continue to receive the respect and recognition it deserves.
As a student, you are responsible for reading and following CQUniversity’s policies, including the Student Academic Integrity Policy and Procedure. This policy sets out CQUniversity’s expectations of you to act with integrity, examples of academic integrity breaches to avoid, the processes used to address alleged breaches of academic integrity, and potential penalties.
What is a breach of academic integrity?
A breach of academic integrity includes but is not limited to plagiarism, self-plagiarism, collusion, cheating, contract cheating, and academic misconduct. The Student Academic Integrity Policy and Procedure defines what these terms mean and gives examples.
Why is academic integrity important?
A breach of academic integrity may result in one or more penalties, including suspension or even expulsion from the University. It can also have negative implications for student visas and future enrolment at CQUniversity or elsewhere. Students who engage in contract cheating also risk being blackmailed by contract cheating services.
Where can I get assistance?
For academic advice and guidance, the Academic Learning Centre (ALC) can support you in becoming confident in completing assessments with integrity and of high standard.
What can you do to act with integrity?
