ACCTING 7025 - Accounting Essentials for Decision Makers (M)

North Terrace Campus - Trimester 3 - 2023

This course introduces students to both financial accounting and management accounting. It provides an overview of accounting concepts, accounting cycle, and financial statements. Students are also provided with the tools for analysing and interpreting the financial statements of an organisation. Management accounting tools of costing, cost-volume-profit analysis, budgets and variance analysis are explained. The course also discussed performance management, capital investment decisions and accounting for sustainability.

  • General Course Information
    Course Details
    Course Code ACCTING 7025
    Course Accounting Essentials for Decision Makers (M)
    Coordinating Unit Accounting
    Term Trimester 3
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Contact Up to 3 hours per week
    Available for Study Abroad and Exchange Y
    Assessment This course's assessments include active engagement, group assignment, tests and final exam.
    Course Staff

    Course Coordinator: I Gusti Ary Suryawathy

    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

  • Learning Outcomes
    Course Learning Outcomes
    1. Explain and apply accounting information to facilitate decision-making.
    2. Analyse and interpret financial statements.
    3. Explain the planning and control functions of management accounting and describe management control systems.
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)

    Attribute 1: Deep discipline knowledge and intellectual breadth

    Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.

    1 & 2

    Attribute 2: Creative and critical thinking, and problem solving

    Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.

    2 & 3

    Attribute 3: Teamwork and communication skills

    Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.

    2

    Attribute 4: Professionalism and leadership readiness

    Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.

    2 & 3

    Attribute 5: Intercultural and ethical competency

    Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.

    3

    Attribute 7: Digital capabilities

    Graduates are well prepared for living, learning and working in a digital society.

    1, 2 & 3

    Attribute 8: Self-awareness and emotional intelligence

    Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.

    2 & 3
  • Learning Resources
    Required Resources
    Textbooks:

    The course uses the following two textbooks (bundled in a package, Value Pack):

    Tyler, J, Godwin, N and Alderman, CW, ACCT4 Financial, 4th Asia-Pacific Edition, Cengage Learning, Australia.

    Sivabalan, P, Wakefield, J, Sawyers, R, Jackson, S and Jenkins, G, ACCT4 Management, 4th Asia-Pacific Edition, Cengage Learning, Australia.

    The course will not use MindTap.

    The books (value pack) have both electronic (eBook) and print versions. The ACCT4 value pack is available at Cengage’s site. The details are as follows:

    1) eBook pack: https://au.cengage.com/c/isbn/9780170295307
    10% discount code code: WOW10

    2) Print pack: https://au.cengage.com/c/isbn/9780170293099
    10% discount code cod: WOW10
    Online Learning


  • Learning & Teaching Activities
    Learning & Teaching Modes
    This course is presented in Seminar Mode. There will be a three-hour interactive seminar class each week that students are advised to attend. Each seminar comprises a conceptual discussion followed by some case studies and exercises.

    Please check your student email and MyUni course homepage for course-related announcements. Consultation hours are advised at the MyUni Course homepage. Students are expected to attend all seminar classes.
    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that you are expected to commit approximately 9 hours of private study outside of your regular classes for this course.

    Students in this course are expected to attend all seminar classes. Please refer to Access Adelaide for your timetable and enrolment details: www.adelaide.edu.au/access/
    Learning Activities Summary

    No information currently available.

  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary
    Assessment Task Weighting Learning Outcome
    Class participation 5% 1, 2 & 3
    Test 1 10% 1
    Test 2 20% 1 & 2
    Group assignment 15% 1 & 2
    Final Exam 50% 1, 2 & 3

    * Specific time of the assessment is available at the MyUni course homepage. The scope, nature, and other information regarding the assessments are available on the MyUni course homepage.
    Assessment Detail
    The course will include the following assessments:

    • Class participation
    • Test 1
    • Test 2
    • Group assignment
    • Final Examination
    The groups will be formed in the seminar classes for the group assignment project.

    The specific time, coverage, and other information regarding the assessments are available at MyUni course homepage.

    The final exam time will be available at the University of Adelaide Exam timetable.
    Submission
    Students must not submit work for an assignment that has previously been submitted for this course or any other course without prior approval of the lecturer-in-charge. Students are expected to submit their work by the due date to maintain a fair and equitable system. Extensions will generally only be given for medical or other serious reasons. All requests for extensions must be emailed to the lecturer-in-charge of the course a minimum of 5 days before the due date. Each request will be assessed on its merits. A late assignment (without prior arrangement) will be penalised by 20% of the total assignment mark for each day that it is late.
    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.