- Class Number 5299
- Term Code 3160
- Class Info
- Unit Value 6 units
- Mode of Delivery In Person
- Dr Tracy Wang
- Dr Tracy Wang
- Class Dates
- Class Start Date 26/07/2021
- Class End Date 29/10/2021
- Census Date 14/09/2021
- Last Date to Enrol 02/08/2021
This course provides students with an understanding of management accounting concepts related to the management functions of planning, control, and decision making. The course covers management accounting fundamentals and introduces a range of management accounting tools, including job and process costing, variance analysis, activity based costing and the balanced scorecard, as well as behavioural responses to management accounting information. Students are introduced to the application of management accounting tools for pricing, budgetary control, cost allocation and performance evaluation as well as new developments in management accounting knowledge and techniques and how to assess these through cost-benefit analysis.
Upon successful completion, students will have the knowledge and skills to:
- critically analyse and provide recommendations to improve the operations of organisations through the application of management accounting techniques;
- demonstrate mastery of costing systems, cost management systems, budgeting systems and performance measurement systems
- demonstrate the need for a balance between financial and non-financial information in decision making, control and performance evaluation applications of management accounting;
- evaluate the costs and benefits of different conventional and contemporary costing systems;
- learn independently and to demonstrate high level personal autonomy and accountability;
- learn within teams - to co-operate with team members, to assume leadership and to manage differences and conflicts; and
- evaluate complex ideas and tolerate ambiguity in managerial and organisational problem-solving
This course draws upon business practices, case studies, and the research and industry experience of the convener. The team assignment is set in a practical business context and requires students to conduct research and refer to past empirical accounting research.
Examination Material or equipment
Details regarding materials and equipment that is permitted in an examination can be found on the ANU website:
Information regarding permitted examination materials for the course will be available on the examination timetable website when the examination timetable is released:
Horngren, C., Datar, S., Rajan, M., Maguire, W. and Tan, R. (2018) Cost Accounting. A Managerial Emphasis, 3rd Australian Edition, Pearson Education.
Students are expected to have previewed the relevant reading(s) prior to each lecture. Students are expected to have access to a copy of the prescribed book for the duration of the semester. The book can be purchased from the on campus bookshop, with a small number of copies of the text also available for 2 hour loan in the reserve loan section of the Chifley Library. An ebook version of the text is available from the Chifley Library (http://library.anu.edu.au/record=b4744387).
ANU library catalogue at http://anulib.anu.edu.au/?tb=2#tb2
CPA Australia - https://www.cpaaustralia.com.au/
The Institute of Chartered Accountant in Australia (ICAA) - https://www.charteredaccountantsanz.com/
UK Chartered Institute of Management Accountants at http://www.cimaglobal.com
Textbook Online Resource - http://www.pearson.com.au/myaccountinglab
Students will be given feedback in the following forms in this course:
- written comments on the return of assessment tasks
- verbal or written feedback during class discussion, or during consultation with lecturers and tutors
ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.
As a further academic integrity control, students may be selected for a 15 minute individual oral examination of their written assessment submissions.
Any student identified, either during the current semester or in retrospect, as having used ghost writing services will be investigated under the University’s Academic Misconduct Rule.
Email and the Wattle Course Website
Email and the Wattle course website are the preferred ways of communication.
If necessary, the lecturer and tutors for this course will contact students on their official ANU student email address. Students should use this email address when contacting staff as spam filters used by ANU may not allow other email addresses to be received. Information about your enrolment and fees from the Registrar and Student Services' office will also be sent to this email address.
Students are expected to check the Wattle site for announcements about this course, e.g. changes to timetables or notifications of cancellations.
|Week/Session||Summary of Activities||Assessment|
|1||Introduction to Cost Terms and Concepts|
|2||Cost Behaviour and CVP Analysis|
|3||Job and Process Costing Systems|
|4||Activity-Based Costing and Management||Online Quiz 1|
|5||Enterprise Information Systems & Contemporary Issues in Management Accounting (Part I)|
|6||Enterprise Information Systems & Contemporary Issues in Management Accounting (Part II)|
|7||Budgets and Flexible Budgets|
|8||Overhead Cost Variances and Management Control||Online Quiz 2|
|9||Allocation of Support Department Costs||Team Assignment Due|
|10||Decision Making: Cost Management and Pricing Issues|
|11||Measuring and Managing performance|
|12||Capital Expenditure Decisions||Online Quiz 3|
Please see Wattle for tutors' information.
Tutorials will be available face-to-face or through live Zoom class. Tutorial signup for this course will be done via the Wattle website. Detailed information about signup times will be provided on Wattle. When tutorials are available for enrollment, follow these steps:
1. Log on to Wattle, and go to the course site.
2. Click on the link “Tutorial enrolment”
3. On the right of the screen, click on the tab “Become Member of ……” for the tutorial class you wish to enter.
4. Confirm your choice
If you need to change your enrolment, you will be able to do so by clicking on the tab “Leave group…” and then re-enrol in another group. You will not be able to enrol in groups that have reached their maximum number. Please note that enrolment in ISIS must be finalised for you to have access to Wattle.
|Assessment task||Value||Due Date||Return of assessment||Learning Outcomes|
|Online Quizzes||10 %||16/08/2021||23/08/2021||2,3,4,5|
|Tutorial assessment||5 %||02/08/2021||03/11/2021||1,2,3,4,5,7|
|Team Assignment||25 %||08/10/2021||03/11/2021||1,2,3,4,6,7|
|Final Examination||60 %||04/11/2021||02/12/2021||1,2,3,4,5,7|
* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details
ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:
The ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the Academic Integrity . In rare cases where online submission using Turnitin software is not technically possible; or where not using Turnitin software has been justified by the Course Convener and approved by the Associate Dean (Education) on the basis of the teaching model being employed; students shall submit assessment online via ‘Wattle’ outside of Turnitin, or failing that in hard copy, or through a combination of submission methods as approved by the Associate Dean (Education). The submission method is detailed below.
Moderation of Assessment
Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.
Course delivery: online prerecorded lecture (recording on Echo360), weekly tutorials delivered in hybrid format (on-campus and live Zoom sessions). Please check Wattle for details closer to the start of semester
Information regarding permitted examination materials for the course will be available on the examination timetable website when the examination timetable is released: http://timetable.anu.edu.au/
Assessment Task 1
Learning Outcomes: 2,3,4,5
Timing: Weeks 4, 8 & 12 (The due date listed in the assessment summary is the earliest possible due date, please check Wattle for more details)
Duration: 15-20 minutes each
Quiz marks are assigned for correct completion of quizzes assigned on Wattle via MyLab Accounting (a third party, online software). There will be three online quizzes with questions linked to the lectures (and readings) of the preceding weeks and up to, and including the tutorial questions of that week. The average of the three online quiz scores will be considered in the final online quiz grade.
Marked quizzes will be returned straight after each deadline. The return date in the assessment summary is for Quiz 1.
Purpose and coverage
To test your understanding of the topics to date.
Assessment Task 2
Learning Outcomes: 1,2,3,4,5,7
Due Date The due date listed in the assessment summary is the earliest possible date. This assessment task is assessed weekly for each individual student.
Tutorial questions are provided with the aim of encouraging you to assume responsibility in the learning process. Students are required to prepare ALL the set tutorial questions in advance of attending the tutorials, and show a genuine attempt to answer ALL set questions in their written responses/solutions. Details of how to submit your prepared work to your tutor will be provided in course Wattle website and discussed in the lecture in Week 1. The marks for this assessment will be released on Wattle grade book after all tutorials for the semester are completed and before the exam period begins.
Tutorial preparation submission
The tutorial preparation must be submitted using Turnitin in the course Wattle site.
The Turnitin submission for each week’s tutorial preparation will be open from Monday 9am – Wednesday 9am.
0/1 no evidence of preparation.
0.5/1 Limited evidence of preparation, mostly incomplete responses.
1/1 Evidence of thorough and complete preparation on all questions
Assessment Task 3
Learning Outcomes: 1,2,3,4,6,7
Due Date 08 October 2021 (Week 9)
This is a team assignment to be completed in teams of 2 to 4 students. Further details will be available on Wattle latest by Week 6.
Assignments are to be word-processed, using the Times New Roman font size 12 (or equivalent). The line spacing must be at least a line and a half and there must be a minimum page margin 2.5 cm on all sides. Use of strict, professional expression is expected.
The assignment must be submitted using Turnitin in the course Wattle site.
Assignments must include the RSA cover sheet. Please keep a copy of the assignment for your records.
Assessment Task 4
Learning Outcomes: 1,2,3,4,5,7
Centrally administered examinations through Examinations, Graduations & Prizes will be timetabled prior to the examination period. The due date listed in the assessment summary is the earliest possible date. Please check ANU Timetabling for further information.
Duration: 210 minutes
Format: Open Book Exam available online
Academic integrity is a core part of the ANU culture as a community of scholars. At its heart, academic integrity is about behaving ethically, committing to honest and responsible scholarly practice and upholding these values with respect and fairness.
The ANU commits to assisting all members of our community to understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to be familiar with the academic integrity principle and Academic Misconduct Rule, uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with.
The Academic Misconduct Rule is in place to promote academic integrity and manage academic misconduct. Very minor breaches of the academic integrity principle may result in a reduction of marks of up to 10% of the total marks available for the assessment. The ANU offers a number of online and in person services to assist students with their assignments, examinations, and other learning activities. Visit the Academic Skills website for more information about academic integrity, your responsibilities and for assistance with your assignments, writing skills and study.
You will be required to electronically sign a declaration as part of the submission of your assignment. Please keep a copy of the assignment for your records. Unless an exemption has been approved by the Associate Dean (Education) submission must be through Turnitin.
For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.
Late submission of the team assignment is permitted. Late submission of the team assignment without an extension are penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission of the team assignment is not accepted after 10 working days after the due date, or on or after the date specified in the course outline for the return of the team assignment.
Late submission is not permitted for all other assessments.
Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.
Students should check Wattle for instructions regarding the return of marked assignments.
Extensions and Penalties
Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure. Extensions may be granted for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.
Resubmission of Assignments
This course does not accept re-submission of assessments.
Distribution of grades policy
Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes.
Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.
Support for students
The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).
- ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
- ANU Diversity and inclusion for students with a disability or ongoing or chronic illness
- ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
- ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
- ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
- ANUSA supports and represents undergraduate and ANU College students
- PARSA supports and represents postgraduate and research students
Corporate disclosure; Corporate Information intermediaries (news media and financial analysts); Corporate regulation; Corporate accountability; International Accounting
Dr Tracy Wang