ACCTING 7025OL - Accounting Essentials for Decision Makers (M)

Online - Trimester 3 - 2019

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.

  • General Course Information
    Course Details
    Course Code ACCTING 7025OL
    Course Accounting Essentials for Decision Makers (M)
    Coordinating Unit Business School
    Term Trimester 3
    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 Staff

    Course Coordinator: Dr Mahmud Al Masum

    Course Timetable

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

  • Learning Outcomes
    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
  • Learning Resources
    Required Resources
    This course will use the REVEL interactive Accounting for Non-specialist, 7th edition by Atrill, P, McLaney, E & Harvey, D textbook. A step-by-step guideline (REVEL Access Guidelines ACCTING 7025OL) about the purchase and use of the REVEL at the MyUni course
    homepage (under the Module folder) of ACCTING 7025OL.
    Online Learning
    This course is taught entirely online.

    The ACCTING 7025OL (Accounting Essentials for Decision Makers M) is offered in anonline platform. The objective of this course is to provide an introductory knowledge offinancial accounting and managerial accounting to students from a wide range ofdisciplines.

    There are 10 topics in the course. The following materials will be availablefor each topic at the MyUni course homepage:
           
    I. Power-point topic notes
    II. Practice exercises
    III.Other resources may include videos   

    There will be weekly online consultation time where students will beable to discuss course-related questions.
  • Learning & Teaching Activities
    Learning & Teaching Modes
    The 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.
    Workload

    No information currently available.

    Learning Activities Summary
    The ACCTING 7025OL (Accounting Essentials for Decision Makers M) is offered in an online platform. There are 10 topics in the course. The following materials will be available for each topic at the MyUni course homepage:

    §  Power-point topic notes

    §  Practice exercises

    §  Other resources may include videos
      


    This course will use the REVEL interactive Accounting for Non-specialist 7th edition Atrill et al textbook. The REVEL interactive platform can be subscribed and accessed through the MyUni Course Homepage. A step-by-step guideline (REVEL Access Guidelines ACCTING 7025OL) about the purchase and use of the REVEL at the MyUni course homepage (under the Module folder).

     

    This course will have the following assessments:

    §  Four tests

    §  Three case studies

     

    The four tests and three case studies will be spread over the 12 weeks of the semester. All the assessments will be completed through the MyUni platform. The specific date, time and scope (topic covered) of the assessments (tests and case studies) will
    be notified at MyUni at the first week of the semester. None of the assessment in this course is redeemable.

  • 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
    The ACCTING 7025OL (Accounting Essentials for Decision Makers M) is offered in an online platform. This course will have the following
    assessments:
    I.   Four tests
    II.  Three case studies
    Assessment Related Requirements
    The assessment details are listed at the MyUni course homepage
    of ACCTING 7025OL.
    Assessment Detail
    The ACCTING 7025OL (Accounting Essentials for Decision Makers M) is offered in an online platform. This course will have the following assessments:
          
    I.   Four tests
        
    II.  Three case studies



    The four tests will be spread over the 12 weeks of 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 (e.g., 40 minutes) 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 12 weeks of 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.
    Submission

    No information currently available.

    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.