- Class Number 2227
- Term Code 3330
- Class Info
- Unit Value 6 units
- Mode of Delivery In Person
- Dr Zhichao Wang
- Dr Zhichao Wang
- Class Dates
- Class Start Date 20/02/2023
- Class End Date 26/05/2023
- Census Date 31/03/2023
- Last Date to Enrol 27/02/2023
This course provides students with an appreciation of management accounting concepts related to decision-making, planning and control. The course introduces a range of management accounting tools, including job and process costing, activity based costing, budgeting and variance analysis, and the balanced scorecard. The course also introduces the application of management accounting tools for the purpose of pricing, cost allocation, budgetary control, and performance evaluation. Students will learn how to assess these through cost-benefit analysis.
Upon successful completion, students will have the knowledge and skills to:
- demonstrate an understanding of the management accounting tools, including cost accounting system, budgeting system and performance measurement system;
- apply management accounting tools for the following purposes: cost allocation, budgetary control, performance evaluation, pricing and cost management;
- appraise the costs and benefits of different conventional and modern costing systems (e.g., absorption and variable costing, standard costing, activity-based costing);
- demonstrate an understanding of the need for a balance between financial and non-financial information in decision making, control and performance evaluation applications of management accounting;
- collaborate with team members for successful completion of assigned tasks.
This course draws upon business practices, case studies and the research experience of the convenor. 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: http://timetable.anu.edu.au/
Horngren, C., Datar, S., Rajan, M., Wynder, M., Maguire, W. and Tan, R. (2018) Cost Accounting. A Managerial Emphasis, 3rd Australian Edition, Pearson Education.
Students are expected to have access to a copy of the prescribed book for the duration of the semester. The text may be 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
- verbal comments
- feedback to whole class, groups and individuals
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). Feedback can also be provided to Course Conveners and teachers via the Student Experience of Learning & Teaching (SELT) feedback program. SELT surveys are confidential and also provide the Colleges and ANU Executive with opportunities to recognise excellent teaching, and opportunities for improvement.
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 Integrity 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.
Your final mark for the course will be based on the raw marks allocated for each of your assessment items. However, your final mark may not be the same number as produced by that formula, as marks may be scaled. Any scaling applied will preserve the rank order of raw marks (i.e. if your raw mark exceeds that of another student, then your scaled mark will exceed the scaled mark of that student), and may be either up or down.
|Week/Session||Summary of Activities||Assessment|
|1||Introduction to Cost Terms and Concepts|
|2||Cost Behaviour & CVP Analysis|
|3||Job and Process Costing Systems|
|4||Activity-Based Costing and Management||Online Quiz 1|
|5||Transaction Processing, Databases and Enterprise Information Systems|
|6||Enterprise Information Systems (Continuation)|
|7||Budgets and Flexible Budgets|
|8||Overhead Cost Variances and Management Control||Online Quiz 2|
|9||Allocation of Support Department Costs|
|10||Decision Making: Cost Management and Pricing Issues||Team Assignment Due|
|11||Measuring and Managing performance|
|12||Capital Expenditure Decisions||Online Quiz 3|
Tutorials will be held weekly (starting from Week 2). Tutorials will be available both on campus and via zoom. ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities/tutorials so they can better plan their time. Find out more on the Timetable webpage. Please see Wattle for tutors’ information.
|Assessment task||Value||Due Date||Return of assessment||Learning Outcomes|
|Online Quizzes||10 %||17/03/2023||20/03/2023||1,2,3,4|
|Team Assignment||25 %||10/05/2023||31/05/2023||1,2,3,4,5|
|Final Examination||65 %||01/06/2023||29/06/2023||1,2,3,4|
* 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 Integrity Rule before the commencement of their course. Other key policies and guidelines include:
- Academic Integrity Policy and Procedure
- Student Assessment (Coursework) Policy and Procedure
- Special Assessment Consideration Guideline and General Information
- Student Surveys and Evaluations
- Deferred Examinations
- Student Complaint Resolution Policy and Procedure
- Code of practice for teaching and learning
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 Skills website. 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: On-campus lecture (recording on Echo360) and weekly tutorial (delivered on campus and via live Zoom).
Attendance at all classes, while not compulsory, is expected in line with the “Code of Practice for Teaching and Learning”, clause 2 paragraph (h).
Assessment Task 1
Learning Outcomes: 1,2,3,4
Timing: Weeks 4, 8 & 12 (The due date listed in the assessment summary is the due date for Online Quiz 1. Each quiz is due on the Friday of the respective weeks. 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 and quiz solutions will be available for review a day after the due date. 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
Due Date: Week 10
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.
Assignments will be discussed in class.
Assessment Task 3
Learning Outcomes: 1,2,3,4
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. Information regarding exam script viewing will be provided in due course.
Duration: 180 minutes
Format: Open Book Exam available online
Further information will be provided no later than Week 10.
Academic integrity is a core part of the ANU culture as a community of scholars. The University’s students are an integral part of that community. The academic integrity principle commits all students to engage in academic work in ways that are consistent with, and actively support, academic integrity, and to uphold this commitment by behaving honestly, responsibly and ethically, and with respect and fairness, in scholarly practice.
The University expects all staff and students to be familiar with the academic integrity principle, the Academic Integrity Rule 2021, the Policy: Student Academic Integrity and Procedure: Student Academic Integrity, and to uphold high standards of academic integrity to ensure the quality and value of our qualifications.
The Academic Integrity Rule 2021 is a legal document that the University uses to promote academic integrity, and manage breaches of the academic integrity principle. The Policy and Procedure support the Rule by outlining overarching principles, responsibilities and processes. The Academic Integrity Rule 2021 commences on 1 December 2021 and applies to courses commencing on or after that date, as well as to research conduct occurring on or after that date. Prior to this, the Academic Misconduct Rule 2015 applies.
The University commits to assisting all students to understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. All coursework students must complete the online Academic Integrity Module (Epigeum), and Higher Degree Research (HDR) students are required to complete research integrity training. The Academic Integrity website provides information about services available to assist students with their assignments, examinations and other learning activities, as well as understanding and upholding academic integrity.
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 permitted. Late submission of assessment tasks without an extension are penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission of assessment tasks 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 assessment item. Late submission is not accepted for take-home examinations.
The Academic Skills website has information to assist you with your writing and assessments. The website includes information about Academic Integrity including referencing requirements for different disciplines. There is also information on Plagiarism and different ways to use source material.
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 resubmission of assignment.
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 Access 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
Dr Zhichao Wang