ACCG2000

Management Accounting
Session 1, In person-scheduled-weekday, North Ryde 2023

Department of Accounting and Corporate Governance

Contents
Disclaimer
General Information 2 Macquarie University has taken all reasonable
measures to ensure the information in this
Learning Outcomes 2 publication is accurate and up-to-date. However,
the information may change or become out-dated
as a result of change in University policies,
General Assessment Information 3 procedures or rules. The University reserves the
right to make changes to any information in this
Assessment Tasks 3 publication without notice. Users of this
publication are advised to check the website
Delivery and Resources 5 version of this publication [or the relevant faculty
or department] before acting on any information in
Unit Schedule 5 this publication.

Policies and Procedures 6

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Unit guide ACCG2000 Management Accounting

General Information
Unit convenor and teaching staff
Unit Convenor
Dr Amy Tung
[email protected]
Level 3 Room 340, 4ER Building
TBA

Lecturer (Excel)
Nicky Bull
[email protected]

Credit points
10

Prerequisites
50cp at 1000 level or above including ACCG100 or ACCG1000 or ACCG106

Corequisites

Co-badged status

Unit description
This unit is the first of the two units in cost and management accounting that are required for
accreditation with CPA Australia, the Chartered Accountants Australia and New Zealand
(CAANZ) and the Institute of Public Accountants (IPA). The unit explains how cost information
is generated and used in organisations for decision making purposes. There are three main
parts to the unit: 1) using costs for decision making; 2) costing techniques (job/process costing
and cost allocations); and 3) budget setting and evaluating performance against the budget.
By the end of the unit, students are able to distinguish between the various product costing
techniques available, solve problems by identifying and selecting appropriate courses of
action, and demonstrate an understanding of budgeting techniques and the behavioural
issues associated with budgeting practices.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are
available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes
On successful completion of this unit, you will be able to:

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Unit guide ACCG2000 Management Accounting

ULO1: Distinguish between management and financial accounting and assess business
operations using various product costing, budgeting and decision-making techniques
ULO2: Discuss and analyse management accounting issues and information.
ULO3: Use Microsoft Excel for fundamental managerial accounting planning, control and
evaluation tasks.
ULO4: Apply appropriate management accounting concepts and techniques to formulate
informed solutions to business problems.

General Assessment Information

Late Assessment Submission Penalty

Unless a Special Consideration request has been submitted and approved, a 5% penalty (of the
total possible mark) will be applied each day a written assessment is not submitted, up until the
7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the
assessment is submitted. Submission time for all written assessments is set at 11.55pm. A
1-hour grace period is provided to students who experience a technical concern.

For any late submissions of time-sensitive tasks, such as scheduled tests/exams, performance
assessments/presentations, and/or scheduled practical assessments/labs, students need to
submit an application for Special Consideration.

Assessment Tasks
Name Weighting Hurdle Due

Excel Assignment 10% No Week 6 Friday 31st March at 6 p.m.

Weekly 10% No Ongoing

Assignment

Final Examination 60% No During the University Exam Period

Online In-class 20% No Week 7 Saturday 8th April; Week 11 Saturday

Test 20th May

Excel Assignment
Assessment Type 1: Quantitative analysis task
Indicative Time on Task 2: 10 hours
Due: Week 6 Friday 31st March at 6 p.m.
Weighting: 10%

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Unit guide ACCG2000 Management Accounting

The excel assignment will allow students to demonstrate competences in the use of excel
spreadsheets and their use in management accounting. Further details on the excel assignment
will be made available via the unit website.

On successful completion you will be able to:

• Use Microsoft Excel for fundamental managerial accounting planning, control and
evaluation tasks.
• Apply appropriate management accounting concepts and techniques to formulate
informed solutions to business problems.

Weekly Assignment
Assessment Type 1: Participatory task
Indicative Time on Task 2: 10 hours
Due: Ongoing
Weighting: 10%

Students are expected to make a genuine attempt at completing the weekly assigned tutorial
questions. During the session, five weekly assignments (2% each) will be randomly collected and
assessed by the tutor. Further details on the weekly assignment will be made available via the
unit website.

On successful completion you will be able to:

• Distinguish between management and financial accounting and assess business
operations using various product costing, budgeting and decision-making techniques
• Discuss and analyse management accounting issues and information.
• Apply appropriate management accounting concepts and techniques to formulate
informed solutions to business problems.

Final Examination
Assessment Type 1: Examination
Indicative Time on Task 2: 40 hours
Due: During the University Exam Period
Weighting: 60%

A two-hour examination will be held during the University Examination period.

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Unit guide ACCG2000 Management Accounting

On successful completion you will be able to:

• Distinguish between management and financial accounting and assess business
operations using various product costing, budgeting and decision-making techniques
• Discuss and analyse management accounting issues and information.
• Apply appropriate management accounting concepts and techniques to formulate
informed solutions to business problems.

Online In-class Test

Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 20 hours
Due: Week 7 Saturday 8th April; Week 11 Saturday 20th May
Weighting: 20%

Two online tests (10%) will be conducted during the session.

On successful completion you will be able to:

• Distinguish between management and financial accounting and assess business
operations using various product costing, budgeting and decision-making techniques
• Discuss and analyse management accounting issues and information.
• Apply appropriate management accounting concepts and techniques to formulate
informed solutions to business problems.

1 If you need help with your assignment, please contact:

• the academic teaching staff in your unit for guidance in understanding or completing this
type of assessment
• the Writing Centre for academic skills support.
2 Indicative time-on-task is an estimate of the time required for completion of the assessment
task and is subject to individual variation

Delivery and Resources

Please refer to iLearn for details of Delivery and Resources.

Unit Schedule
UNIT SCHEDULE

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Unit guide ACCG2000 Management Accounting

Lecture Week

Week Commencing: Topic Prescribed references

1 20th Feb Introduction & Basic cost concepts and terms Chapter 1

Chapter 2

Chapter 3

2 27th Feb Cost Volume Profit Analysis Chapter 18

3 6th Mar Product Costing Systems – Job Costing Chapter 4 pp.125-136 and pp.138-151

4 13th Mar Excel Lecture All excel videos and the excel assignment

5 20th Mar Process Costing Chapter 4 pp.136-138 and pp.151-154;

Chapter 5 pp.177-184

6 27th Mar A Closer Look at Overhead Costs Chapter 7

(Excel Assignment due on Friday 31st March at 6 p.m.)

7 3th Apr Activity-Based Costing Chapter 8

(Online Test 1 Saturday 8th April)

Mid Session Break 10th April - 23th April

8 24th Apr Service Costing Chapter 6

Absorption and Variable Costing Chapter 7 p.306- p.311

9 1st May Information for Decisions Chapter 19

10 8th May Product Mix Decisions Chapter 20 pp. 933-938; pp. 945-947; pp. 952-955

11 15th May Budgeting Chapter 9

(Online Test 2 Saturday 20th May) Chapter 11 pp. 494 –498

12 22nd May Standard Costing for Control Chapter 10

Chapter 11 pp. 498-511

13 29th May Final Exam Revision

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central (https://policie
s.mq.edu.au). Students should be aware of the following policies in particular with regard to

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Unit guide ACCG2000 Management Accounting

Learning and Teaching:

• Academic Appeals Policy

• Academic Integrity Policy
• Academic Progression Policy
• Assessment Policy
• Fitness to Practice Procedure
• Assessment Procedure
• Complaints Resolution Procedure for Students and Members of the Public
• Special Consideration Policy

Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/su
pport/study/policies). It is your one-stop-shop for the key policies you need to know about
throughout your undergraduate student journey.

To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.e
du.au) and use the search tool.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of
Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct

Results
Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) 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 or if you are a Global MBA
student contact [email protected]

Academic Integrity
At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and
courage – is at the core of learning, teaching and research. We recognise that meeting the
expectations required to complete your assessments can be challenging. So, we offer you a
range of resources and services to help you reach your potential, including free online writing an
d maths support, academic skills development and wellbeing consultations.

Student Support
Macquarie University provides a range of support services for students. For details, visit http://stu
dents.mq.edu.au/support/

The Writing Centre

The Writing Centre provides resources to develop your English language proficiency, academic
writing, and communication skills.

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Unit guide ACCG2000 Management Accounting

• Workshops
• Chat with a WriteWISE peer writing leader
• Access StudyWISE
• Upload an assignment to Studiosity
• Complete the Academic Integrity Module

The Library provides online and face to face support to help you find and use relevant
information resources.

• Subject and Research Guides

• Ask a Librarian

Student Services and Support

Macquarie University offers a range of Student Support Services including:

• IT Support
• Accessibility and disability support with study
• Mental health support
• Safety support to respond to bullying, harassment, sexual harassment and sexual
assault
• Social support including information about finances, tenancy and legal issues
• Student Advocacy provides independent advice on MQ policies, procedures, and
processes

Student Enquiries
Got a question? Ask us via AskMQ, or contact Service Connect.

IT Help
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/
offices_and_units/information_technology/help/.

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.

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