ACCTING 7025OL - Accounting Essentials for Decision Makers (M)
Online - Trimester 2 - 2021
General Course Information
Course Code ACCTING 7025OL Course Accounting Essentials for Decision Makers (M) Coordinating Unit Adelaide Business School Term Trimester 2 Level Postgraduate Coursework Location/s Online Units 3 Available for Study Abroad and Exchange Y Course Description This course introduces students to both financial accounting and management accounting. It provides an overview of accounting concepts and principles, the major external financial accounting reports and accounting systems and the accounting cycle. Management accounting tools of costing and budgeting are introduced, as well as performance analysis and capital investment decisions. Students are also provided with the tools for analysing and interpreting the financial statements of an organisation and managing the working capital and long term financing of the business.
Course Coordinator: Dr Mahmud Al Masum
The full timetable of all activities for this course can be accessed from Course Planner.This course begins on 24th May, 2016 and runs for 12 weeks.
Course Learning Outcomes
On successful completion of this course, students will be able to:
1. explain accounting concepts and the structure and purpose of financial statements.
2. analyse and apply accounting information to facilitate decision making.
3. explain and apply the concept of relevant costing to a range of decision making situations.
4. explain and apply flexible budgeting as a means of exercising control and assist in decision making in a business.
5. create and evaluate investment proposals within a business environment.
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) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1 & 2 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
3 & 5 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
4 & 5 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
3 & 5 Intercultural and ethical competency
- adept at operating in other cultures
- comfortable with different nationalities and social contexts
- able to determine and contribute to desirable social outcomes
- demonstrated by study abroad or with an understanding of indigenous knowledges
2 & 5 Self-awareness and emotional intelligence
- a capacity for self-reflection and a willingness to engage in self-appraisal
- open to objective and constructive feedback from supervisors and peers
- able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
4 & 5
Required ResourcesAccounting: An Introduction, 8th Edition, By Peter Atrill, Eddie McLaney, David Harvey, Ling Mei Cong, Pearson Australia.
The publisher offers both eBook and print (paper) versions of the textbook.
The textbook can be accessed through https://www.pearson.com.au/9781488625695
Online LearningThe course is taught entirely online.
The ACCTING 7025OL (Accounting Essentials for Decision Makers M) is offered in an online platform. The objective of this course is to provide an introductory knowledge of financial accounting and managerial accounting.
Learning & Teaching Activities
Learning & Teaching ModesThe ACCTING 7025OL (Accounting Essentials for Decision Makers M) is offered in an online platform. All teaching and learning
activities and assessments of this course will be conducted at the University’s online platform.
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.
It is expected that students will spend several hours each week familiarising themselves with the course material in order to complete tests and assignments, as well as make informed responses to discussion questions
Learning Activities SummaryThe following topics will be discussed in the course.
- Introduction to accounting
- Measuring and reporting financial position
- Measuring and reporting financial performance
- Measuring and reporting cash flows
- Analysis and interpretation of financial statements
- Cost-Volume-Profit Analysis (CVP) and relevant costing
- Full product costing
- Corporate Social Responsibility and Sustainability Accounting
- Capital investment decisions
- Power-point notes of the lecture video modules
- Accounting fairy (animated cartoon) videos
- Weekly exercises
- Solutions to the weekly exercises will be posted at the end of the week
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment SummaryAll assessments of this course are conducted at MyUni online platform. This course will have the following assessments:
Assessment Task Task Type Time * Weighting Learning Outcome Test 1 Individual Week 4 * 15% 1, 2, 3 Case Study 1 Group Week 6 * 10% 3, 4, 5 Case Study 2 Group Week 8 * 15% 3, 4, 5 Test 2 Individual Week 9 * 20% 1, 2, 3 Test 3 Individual Week 12 * 20% 1, 2, 3 Case Study 3 Individual Week 13 * 20% 3, 4, 5 100%
* Time will be informed at MyUni Course Homepage
Assessment DetailThe ACCTING 7025OL (Accounting Essentials for Decision Makers M) is offered in an online platform. This course will have the following assessments:
I. Three tests
II. Three case studies
The three tests will be spread over the semester. These will involve both conceptual and analytical questions. Some questions will require calculations to identify the correct answer. Each test will cover a specific set of chapters and relevant materials. The test will be available at MyUni course homepage. Once logged at the test module of the MyUni, a student will get a specified time to complete the test. A test cannot be paused or retaken. The specific date, time and scope of the tests will be notified at MyUni at the first week of the semester.
Three case study assignments will be provided to the students. Each case study will require students analyse a case or financial statement to answer a set of questions. Case study 1 and 2 are required to be complete in a group of 4 students. The groups will be formed by the MyUni system and there will be a discussion forum for each group. The case study 3 will be done individually. The three case studies will be spread over the semester. Each case study will cover a specific set of chapters and relevant materials. The time and scope of the case studies will be notified at MyUni at the first week of the semester.
None of the assessment in this course is redeemable.
SubmissionAll work is to be submitted online.
Please retain a copy of all assignments submitted for assessment.
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.
Late assignment submission
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.
Return of assignments
Markers aim to mark and return assignments to students within two (2) weeks of the due date with written feedback.
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.
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.
- Academic Support with Maths
- Academic Support with writing and speaking skills
- Student Life Counselling Support - Personal counselling for issues affecting study
- International Student Support
- AUU Student Care - Advocacy, confidential counselling, welfare support and advice
- Students with a Disability - Alternative academic arrangements
- Reasonable Adjustments to Teaching & Assessment for Students with a Disability Policy
- LinkedIn Learning
Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangement Policy
- Academic Honesty Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Elder Conservatorium of Music Noise Management Plan
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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.