School of Accounting
Unit Outline
Acknowledgement of Country
We respectfully acknowledge the Indigenous Elders, custodians, their descendants and kin of this land past and
present.
Syllabus
This unit provides students with an understanding of basic financial and managerial accounting practices and ethical
issues related to accounting.
Introduction
This unit aims to develop a strong foundation in financial accounting and financial statement analysis for managers
and non-accountant financial statement users, and to increase students familiarity with the accounting language,
concepts, and principles. The unit also aims to provide an introduction to management accounting topics such as
budgeting, performance evaluation, and incentive. The exploration of the behavioural, cultural, and ethical aspects of
accounting will also be covered.
Find out more about Curtin's Graduate attributes at the Office of Teaching & Learning website: ctl.curtin.edu.au
Learning Activities
There are three teaching hours each week (one-hour online class and two-hour workshop). The online class aims to
help students understand the key concepts and accounting methods relevant to each week's topic(s). The online
class materials will be available from the Blackboard site on Monday each week. The workshop gives students
opportunities to engage in problem-based learning, case studies, and group discussion. The materials covered in the
online class will be discussed in the workshop the week after. Students should make sure to watch the online lecture
and prepare the answers to the assigned questions and/or activities before coming to the workshop each week. Model
answers to workshop questions will be provided on Blackboard.
Learning Resources
Essential texts
The required textbook(s) for this unit are:
l Atrill, McLaney & Harvey (2015), Accounting: An Introduction (6th Edition), Pearson.
The assigned textbook by Atrill et. al. (2015) can be sourced from many textbook retailers. However, if you
wish to access the Pearson MyAccountingLab resource, it is best and more economically purchased as a
complete package. The ISBN for this package is 9781486008797.
(ISBN/ISSN: 9781486008797)
Other resources
You do not have to purchase the following textbooks but you may like to refer to them.
l Hilton (2011), Management Accounting: Creating Value in a Dynamic Business Environment, 9th Edition,
McGraw-Hill.
l Horngren, Harrison, Oliver, Best, Fraser, Tan & Willett (2013), Financial Accounting, 7th Edition, Pearson
Education Australia.
l Leo, Hoggett, & Sweeting (2012), Company Accounting, 9th edition, John Wiley & Sons Australia.
l CPA, Finanical Reporting Handbook 2013, John Wiley & Sons Australia.
l Alternatively, you can access the following websites for the Accounting Standards: http://www.aasb.com.au,
http://www.iasb.org.uk, http://www.cpaaustralia.com.au, and http://www.icaa.org.au.
Website References
Online resources
l The FLECS-Blackboard facility provides students with a link to a copy of this unit outline as well as access to
course materials (including lecture notes) and other relevant information relating to the unit. The following link
will take you to the FLECS-Blackboard Login Page: http://lms.curtin.edu.au or use the OASIS portal at
Assessment
Assessment schedule
Unit Learning
Task Value % Date Due Outcome(s)
Assessed
Report 1 25 percent Week: 6 1
1 Day: In-Class
Time: In-Class
Report 2 35 percent Week: 11 1,2
2 Day: In-Class
Time: In-Class
Case study 40 percent Week: 3,6, 10, & 14 3,4
3 Day: In Class
Time: In Class
Detailed information on assessment tasks
1. Assessment #1 is an individual report that will require students to demonstrate an understanding of the
concepts that are fundamental to the preparation of accounting information. Full details provided on
Blackboard see Assessment Folder.
2. Assessment #2 is a group report that will require students to analyse an Australian listed public company
using the techniques learned in the unit. The group project consists of a written report (25%) and a
presentation (10%). Each group should consist of 3 to 4 members and should include both local and
international students.
3. Assessment #3 is designed to enable all students to engage with the breadth of material covered within
ACCT5021 Accounting with Managers in a way that deepens their understanding of the material and their
ability to apply the theories and concepts into the workplace. There are two parts to assessment #3:
1. Case Study Readiness Assurance Tests (RATs) there will be four Readiness Assurance Tests (RATs)
conducted in class during the semester. Each test will be for 15 minutes and will consist of 10 multiple
choice questions.
2. Case study type question that will require students to apply accounting knowledge and recommend
possible solutions.
Note: See the separate information sheet (which will be available from the Blackboard site later) for more
details about each assessment task above. The work submitted must be the students own work. If the work is
found to be plagiarised, penalty will be imposed in accordance with the Universitys policy.
Pass requirements
To pass this unit, all assessment items must be attempted and the total mark (from all assessment tasks) must be
50% or higher.
1. All assessments students are required to submit will have a due date and time specified on this Unit Outline.
2. Students will be penalised by a deduction of ten percent per calendar day for a late assessment submission
(eg a mark equivalent to 10% of the total allocated for the assessment will be deducted from the marked
value for every day that the assessment is late). This means that an assessment worth 20 marks will have two
marks deducted per calendar day late. Hence if it was handed in three calendar days late and given a mark of
16/20, the student would receive 10/20. An assessment more than seven calendar days overdue will not be
marked and will receive a mark of 0.
Assessment extension
A student unable to complete an assessment task by/on the original published date/time (eg examinations, tests) or
due date/time (eg assignments) must apply for an assessment extension using the Assessment Extension form
(available from the Forms page at students.curtin.edu.au/administration/) as prescribed by the Academic Registrar. It
is the responsibility of the student to demonstrate and provide evidence for exceptional circumstances beyond the
student's control that prevent them from completing/submitting the assessment task.
The student will be expected to lodge the form and supporting documentation with the unit coordinator before the
assessment date/time or due date/time. An application may be accepted up to five working days after the date or
due date of the assessment task where the student is able to provide an acceptable explanation as to why he or she
was not able to submit the application prior to the assessment date. An application for an assessment extension will
not be accepted after the date of the Board of Examiners' meeting.
Deferred assessments
If your results show that you have been granted a deferred assessment you should immediately check OASIS for
details.
Supplementary assessments
Supplementary assessments are not available in this unit.
Referencing style
The referencing style for this unit is Chicago.
More information can be found on this style from the Library web site:
http://libguides.library.curtin.edu.au/referencing.
Copyright
Curtin University. The course material for this unit is provided to you for your own research and study only. It is
subject to copyright. It is a copyright infringement to make this material available on third party websites.
Additional information
Enrolment
It is your responsibility to ensure that your enrolment is correct - you can check your enrolment through the eStudent
option on OASIS, where you can also print an Enrolment Advice.
Information on all these things is available through the University's "Student Rights and Responsibilities" website at:
students.curtin.edu.au/rights.
Student Equity
There are a number of factors that might disadvantage some students from participating in their studies or
assessments to the best of their ability, under standard conditions. These factors may include a disability or medical
condition (e.g. mental illness, chronic illness, physical or sensory disability, learning disability), significant family
responsibilities, pregnancy, religious practices, living in a remote location or another reason. If you believe you may
be unfairly disadvantaged on these or other grounds please contact Student Equity at eesj@curtin.edu.au or go to
http://eesj.curtin.edu.au/student_equity/index.cfm for more information
You can also contact Counselling and Disability services: http://www.disability.curtin.edu.au or the Multi-faith services:
http://life.curtin.edu.au/health-and-wellbeing/about_multifaith_services.htm for further information.
It is important to note that the staff of the university may not be able to meet your needs if they are not informed of
your individual circumstances so please get in touch with the appropriate service if you require assistance. For
general wellbeing concerns or advice please contact Curtin's Student Wellbeing Advisory Service at:
http://life.curtin.edu.au/health-and-wellbeing/student_wellbeing_service.htm
To view previous student feedback about this unit, search for the Unit Summary Report at
https://evaluate.curtin.edu.au/student/unit_search.cfm. See
https://evaluate.curtin.edu.au/info/dates.cfm to find out when you can eVALUate this unit.
Program calendar
Week Begin Seminar Pre- Workshop Assessment Due
Date readings
6. 5/9 Module 5: Introduction to Limited Atrill Ch 4 & 6 DQ 3.7, 3.16, 3.19 Report 1:
Companies and Measuring and Individual Report
AE 3.2, 3.5, 3.7, 3.12
Reporting Cash Flows (25%)
RAT #2 (5%)
14. 31/10 Module 11 and 12:Corporate Atrill Ch 7 (p. DQ 11.9, 11.14, RAT #4 (5%)
social responsibility and 220 - 251) 11.18
Case Study:
sustainability accounting.
Hilton Ch 12 - AE 11.7, 11.8 Individual (20%)
Management control system, 13
performance evaluation and
incentive
Note: The workshop questions can be found at the end of each chapter.
DQ = Discussion Question
AE = Application Exercise
RAT = Readiness Assurance Test
* Australian Accounting Standards can be downloaded from AASBs website at
http://www.aasb.gov.au/Pronouncements/Current-standards.aspx.
** Hilton (2011), Management Accounting: Creating Value in a Dynamic Business Environment, 9th Edition, McGraw-
Hill.
The two chapters can be downloaded from Curtin library website. The links for downloading the chapters will be
provided on the Blackboard site later.