There are 10 online quizzes, each worth 1% of the total unit grade. Quizzes will be available weekly from Week 1 to Week 11, with Week 1 serving as an ungraded trial to help students become familiar with the process. Each quiz opens at 12:00 PM AEST on Wednesday and closes at 12:00 PM AEST the following Wednesday.

Content and Purpose

Each quiz assesses key concepts that will be covered in the upcoming week’s workshop. For example, Quiz 1 (open in Week 1) will cover content taught in Week 2. The purpose is to help students prepare for workshops after reviewing recorded lectures and lecture slides. This ensures students are well-prepared, can engage effectively with peers and lecturers, and contribute to a productive learning environment.

Format and Attempts

Each quiz contains 10 multiple-choice questions.
Students have up to 3 attempts per quiz.
Each attempt is limited to 20 minutes.

  This weekly online assessment evaluates students’ ability to read and understand fundamental accounting concepts from the relevant chapter. Students are expected to review the lecture slides and conduct a brief reading of the corresponding textbook chapter. This preparation will help students gain a solid understanding of the lecture content and actively engage in workshop discussions.

Assessment task 2 is an individual assignment. The task involves preparing a written report that evaluates a company and provides relevant information to support a management decision. The report is divided into two parts: Part A and Part B.

 Part A – Foundation Accounting
This section assesses students' understanding of fundamental accounting concepts, financial reporting practice and their ability to interpret financial statements.

Part B – Financial Analysis and Decision Support
Students will analyse and interpret the annual reports and financial statements of prescribed companies. This includes conducting comparative analysis using ratio and trend analysis to evaluate the company’s performance and potential. The findings should support a management decision.

In this assessment, students will need to use GenAIs tools to generate information and critically evaluate the responses provided by GenAI. Additional training and guidance on using GenAI effectively will be provided throughout the term.

The assessment criteria for both Part A and Part B of this assessment includes the ability to interpret, analyze and report on the performance of an organization presented in the financial reports.

Students will also be assessed on the ability to analyze and report on the usefulness of financial accounting and reporting for evaluating the value of the organization's assets and capitals.

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.

Assessment task 3 is a group assessment. THREE students will form a group and group registration will be done via Moodle. Further instructions will be provided closer to the date. Please check the unit schedule for the opening and closing dates of group registration.

There are two parts in this assessment:

Part 3A (25% weight): Prepare a written report to analyze the cost control and management given a hypothetical management accounting case. The group might need to propose a set of actions to rectify the management issues existed in the company's operations.

Part 3B (25% weight): Oral presentation about the practical report submitted in AT3A. After submitting the report in AT3A, each group will need to prepare an oral presentation to communicate with the management team about the operational issues found in management accounting report and discuss the proposed solutions. Oral presentation will be assessed against individual performance.

Timeline of the assessment task 3 as below:

* Week 12 - Submission of the written report in AT3A (as outlined in the due date information in this eProfile)

* Week 13 - Oral presentation of the final report (AT3A) via Zoom in AT3B - Students will be informed about the time allocation by week 10.

*** "This assessment requires students to adhere to the guidelines on the use of artificial intelligence tools as specified in the Artificial Intelligence Assessment Scale (AIAS). Any misuse or lack of disclosure regarding the use of AI tools will be considered a breach of academic integrity."

In preparing this assessment you are required to follow the following AI scale level and add the following information at the first page of your report. 

***Important: For task 3A, there is no 72-hour grace periods provided since this is the final assessment at the end of the term and there is no extended time allowed before the grades are finalized.

The students are assessed based on their capacity to:

*  Analyse and interpret the information provided from an accounting information system

*  Critically analyse standard management problems, and using appropriate accounting analytical techniques, correctly determine the appropriate parameters for a management decision

*  Demonstrate an advanced knowledge of accounting tools and techniques for assisting managerial decision making by being able to critically analyse and report on the range of appropriate accounting methods applicable to a given management decision making problem

*  Demonstrate accuracy in presenting or analysing accounting information in a range of business management problems presented in this unit.

* Demonstrate the professionalism in communicating with different stakeholders.