School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

Please note that there may be some modifications to the assessment schedule promoted in Handbook for Semester 1 2023 Units. All assessment changes will be published by 20th February 2023. All students are reminded to check the handbook at the beginning of semester to ensure they have the correct outline.

  • Unit Title

    Managerial Accounting
  • Unit Code

    ACC2360
  • Year

    2023
  • Enrolment Period

    1
  • Version

    2
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Soheil KAZEMIAN

Description

This unit develops an understanding of how managerial accounting adds values to organisations' strategic and operational decision making processes. Emphasis will be directed towards developing the skills required in the managerial planning, control and decision making processes. This unit also strives to develop key skills including ability to identify relevant financial and non-financial information, problem solving, critical thinking, data analysis, written and oral communication, collaboration and team work skills. All of these skills are desirable for accounting professionals working in both domestic and international companies in the private and public sectors.

Prerequisite Rule

Students must have passed ACC2250 and ACC2350.

Learning Outcomes

On completion of this unit students should be able to:

  1. Apply managerial accounting principles and concepts in the contemporary business context of manufacturing and non-manufacturing enterprises.
  2. Analyse decision-making tools used in managerial accounting in the context of a variety of decision making and problem solving situations.
  3. Critically evaluate the practical and behavioural issues involved in the managerial and financial accounting process.
  4. Analyse the role of managerial accounting within the general management function.
  5. Develop effective oral and written communication skills to describe and analyse managerial accounting issues.

Unit Content

  1. Managerial Accounting in context.
  2. Strategy, strategy implementation and the Balanced Scorecard. Applying Balance Scorecard concepts: organisational sustainability using quality, time and cost as competitive tools.
  3. Master budget, flexible budgeting, and variance analysis.
  4. Relevant information for strategic and operational decision making process.
  5. Management control systems, decentralisation and transfer pricing.
  6. Applying theory of constraints to manage bottleneck operations.
  7. Analysis and decision models for product pricing.
  8. Capital investment decision making process.
  9. Performance measurement and executive compensation.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 2 hour seminarNot OfferedNot Offered
Semester 213 x 2 hour seminarNot Offered13 x 2 hour seminar

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies

Additional Learning Experience Information

Lectures are used to introduce the key concepts of managerial accounting and to illustrate how these concepts are applied in practice. In addition, the applicability of these concepts and techniques in different countries are highlighted, where appropriate. On-campus tutorials provide students with the opportunity to discuss and apply the managerial accounting principles to case study scenarios and in so doing further develop their skills of critical appraisal, effective communication and the ability to generate ideas. The assessments provide students with the opportunity to demonstrate their content knowledge, critical thinking ability and to further develop their teamwork skills and written communication skills in preparing managerial accounting reports of quality academic and professional standards. Off-campus students are provided with an electronic version (Power Point presentations) of the lectures and weekly practice questions. The lecture presentations are used to introduce the key concepts of managerial accounting and to illustrate how these concepts are practically applied. The practice questions provide students with the opportunity to apply the managerial accounting principles covered in the lecture material, to case study scenarios and in so doing further develop their skills of critical appraisal and the ability to generate ideas. Off campus students receive additional support via the LMS discussion board, where students are encouraged to discuss critical aspects of the unit content and the application thereof. Regular online access is required. The assessments provide students with the opportunity to demonstrate their content knowledge, critical thinking ability and to further develop their teamwork skills and written communication skills in preparing managerial accounting reports of quality academic and professional standards.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
AssignmentTeam Assignment25%
TestOnline Mid-Semester Test10%
ParticipationParticipation in Tutorial Discussions5%
ExaminationFinal Examination60%
ONLINE
TypeDescriptionValue
AssignmentTeam Assignment 25%
TestOnline Mid-Semester Test10%
ParticipationParticipation in Online Tutorial Discussions5%
ExaminationFinal Examination60%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Assessment

Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

ACC2360|2|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Managerial Accounting
  • Unit Code

    ACC2360
  • Year

    2023
  • Enrolment Period

    2
  • Version

    2
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Soheil KAZEMIAN

Description

This unit develops an understanding of how managerial accounting adds values to organisations' strategic and operational decision making processes. Emphasis will be directed towards developing the skills required in the managerial planning, control and decision making processes. This unit also strives to develop key skills including ability to identify relevant financial and non-financial information, problem solving, critical thinking, data analysis, written and oral communication, collaboration and team work skills. All of these skills are desirable for accounting professionals working in both domestic and international companies in the private and public sectors.

Prerequisite Rule

Students must have passed ACC2250 and ACC2350.

Learning Outcomes

On completion of this unit students should be able to:

  1. Apply managerial accounting principles and concepts in the contemporary business context of manufacturing and non-manufacturing enterprises.
  2. Analyse decision-making tools used in managerial accounting in the context of a variety of decision making and problem solving situations.
  3. Critically evaluate the practical and behavioural issues involved in the managerial and financial accounting process.
  4. Analyse the role of managerial accounting within the general management function.
  5. Develop effective oral and written communication skills to describe and analyse managerial accounting issues.

Unit Content

  1. Managerial Accounting in context.
  2. Strategy, strategy implementation and the Balanced Scorecard. Applying Balance Scorecard concepts: organisational sustainability using quality, time and cost as competitive tools.
  3. Master budget, flexible budgeting, and variance analysis.
  4. Relevant information for strategic and operational decision making process.
  5. Management control systems, decentralisation and transfer pricing.
  6. Applying theory of constraints to manage bottleneck operations.
  7. Analysis and decision models for product pricing.
  8. Capital investment decision making process.
  9. Performance measurement and executive compensation.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 2 hour seminarNot OfferedNot Offered
Semester 213 x 2 hour seminarNot Offered13 x 2 hour seminar

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies

Additional Learning Experience Information

Lectures are used to introduce the key concepts of managerial accounting and to illustrate how these concepts are applied in practice. In addition, the applicability of these concepts and techniques in different countries are highlighted, where appropriate. On-campus tutorials provide students with the opportunity to discuss and apply the managerial accounting principles to case study scenarios and in so doing further develop their skills of critical appraisal, effective communication and the ability to generate ideas. The assessments provide students with the opportunity to demonstrate their content knowledge, critical thinking ability and to further develop their teamwork skills and written communication skills in preparing managerial accounting reports of quality academic and professional standards. Off-campus students are provided with an electronic version (Power Point presentations) of the lectures and weekly practice questions. The lecture presentations are used to introduce the key concepts of managerial accounting and to illustrate how these concepts are practically applied. The practice questions provide students with the opportunity to apply the managerial accounting principles covered in the lecture material, to case study scenarios and in so doing further develop their skills of critical appraisal and the ability to generate ideas. Off campus students receive additional support via the LMS discussion board, where students are encouraged to discuss critical aspects of the unit content and the application thereof. Regular online access is required. The assessments provide students with the opportunity to demonstrate their content knowledge, critical thinking ability and to further develop their teamwork skills and written communication skills in preparing managerial accounting reports of quality academic and professional standards.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
AssignmentTeam Assignment25%
TestOnline Mid-Semester Test10%
ParticipationParticipation in Tutorial Discussions5%
ExaminationFinal Examination60%
ONLINE
TypeDescriptionValue
AssignmentTeam Assignment 25%
TestOnline Mid-Semester Test10%
ParticipationParticipation in Online Tutorial Discussions5%
ExaminationFinal Examination60%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Assessment

Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

ACC2360|2|2