Unit Information Management System

Management Accounting (ACCT2112, SEM-1, 2017, Crawley)

UWA Business School

Unit Outline

Management Accounting


SEM-1, 2017

Campus: Crawley

Unit Coordinator: Professor Vincent Chong

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Unit details

Unit title Management Accounting
Unit code ACCT2112 Credit points 6
Availability SEM-1, 2017 (27/02/2017 - 24/06/2017)
Location Crawley Mode Face to face

Contact details

Faculty Business School
School UWA Business School
School website http://www.business.uwa.edu.au/
Unit coordinator Professor Vincent Chong
Email vincent.chong@uwa.edu.au
Telephone 6488 2914
Consultation hours By appointment.
Tutors/ Demonstrators/ Facilitators
Unit contact hours
Lecture times: Fridays, 9:00am - 11:00am
Lecture venues:

Please refer to http://www.timetable.uwa.edu.au for the unit timetable

Lecture capture system LCS is implemented for this unit.
Online handbook http://handbooks.uwa.edu.au/units/unitdetails?code=ACCT2112
Unit website http://www.lms.uwa.edu.au

Unit rules

Prerequisites ACCT1101 Financial Accounting
Advisable prior study
Incompatibility ACCT1112 Management Accounting
Approved quota

Unit description

This unit provides an introduction to the role of cost accounting in organisations. It focuses on the fundamental tools and approaches used for classifying and assigning the various types of costs incurred in an organisation. Tools for planning and control (including master budget, flexible budgets and variances), and cost information for decisions (including cost behaviour, decision making and relevant information) are also studied.


WELCOME TO ACCT2112 MANAGEMENT ACCOUNTING. This is the first unit in a sequence of management accounting units. It is designed to provide you with an understanding of the fundamental concepts of management accounting. These concepts provide the foundation for further and more advanced study in ACCT3203 Contemporary Managerial Accounting, ACCT3206 Performance Measurement and Evaluation, and ACCT3323 Strategic Management Accounting.

Unit content

This unit covers three principal areas. The first is cost accounting fundamentals. This section includes the accountant's role in the organisation; an introduction to cost terms and purposes; cost-volume-profit analysis; job costing; activity-based costing and activity-based management. The second section is tools for planning and control. It includes master budget and responsibility accounting; flexible budgets, variances and management control; inventory costing and capacity analysis. The last section is cost information for decisions. Topics in this section include; decision-making and relevant information; pricing decisions and cost management and determining how costs behave.

Learning outcomes

Students are able to (1) appreciate how cost accounting information assists managers to make better managerial decisions; (2) undertake problem identification, analysis, research and problem solving of routine cost accounting problems; (3) communicate clearly, concisely and logically in English, both oral and written form; (4) demonstrate self-management skills and the ability to effectively work independently and in team-based situations; and (5) think and reason logically and creatively.

Unit structure

For standard teaching period: lectures: 2 hours per week; tutorials: 1 hour per week.

(See Timetable)

Unit schedule

WeekDate - Week CommencingLecture TopicChaptersSelf-Study Questions
Horngren, Datar and Rajan (2015)
1 27 FebruaryIntroduction to the unit (Face-to-face lecture)
The manager and management accounting (Online lecture)
1No tutorials
2 6 MarchAn introduction to cost terms and purposes21-16; 1-22; 1-24.
3 13 MarchCost-volume-profit analysis32-18; 2-28; 2-34; 2-36.
4 20 MarchJob costing (I) (Online lecture)43-16; 3-18; 3-20; 3-38.
5 27 MarchJob costing (II)
Activity-based costing
4 and 54-18; 4-20; 4-24;
4-26; 4-32.
6 3 AprilDetermining how costs behave
Review and revision (Mid-semester exam)
105-18; 5-20; 5-28; 5-40.
710 AprilMid-semester exam (12 April, 6:30pm)No lecture, no tutorials
Mid-semester study break17 - 21 April
8 24 AprilMaster budget and responsibility accounting610-2; 10-18; 10-22; 10-32.
9 1 MayFlexible budgets, direct-cost variances, and management control76-20; 6-34; 6-38.
10 8 MayFlexible budgets, overhead cost variances, and management control87-18; 7-22; 7-24; 7-34.
11 15 MayInventory costing and capacity analysis98-20; 8-22; 8-24; 8-34.
12 22 MayDecision making and relevant information119-16; 9-20; 9-22; 9-28 (Requirements #1 & #3 only)
13 29 MayPricing decisions and cost management
Review and revision (Final exam)
1311-16; 11-22; 11-26;
11-34; 13-16; 13-30.
Pre-examination study break5 - 9 June
Semester 1 examination period12 - 23 June

Teaching and learning responsibilities

Teaching and learning strategies

Teaching and learning evaluation

You may be asked to complete two evaluations during this unit: the Student Perception of Teaching (SPOT) and the Students’ Unit Reflective Feedback (SURF). The SPOT is optional and is an evaluation of the lecturer and the unit. The SURF is an online university wide survey and deals only with the unit. You will receive an email from the SURF office inviting you to complete the SURF when it is activated. We encourage you to complete the forms as your feedback is extremely important and can be used to make changes to the unit or lecturing style when appropriate.


Participation in class, whether it be listening to a lecture or getting involved in other activities, is an important part of the learning process, therefore it is important that you attend classes. More formally, the University regulations state that ‘to complete a course or unit students shall attend prescribed classes, lectures, seminars and tutorials’. Where a student, due to exceptional circumstances, is unable to attend a scheduled class, they are required to obtain prior approval of the unit coordinator to be absent from that class. Any student absent from class without having had such absence approved by the unit coordinator may be referred to the faculty for advice and may be required to withdraw from the unit.

Charter of student rights and responsibilities

The Charter of Student Rights and Responsibilities upholds the fundamental rights of students who undertake their education at the University of Western Australia.  The University's charter of Student Rights and Responsibilities is available at www.governance.uwa.edu.au/procedures/policies/policies-and-procedures?method=document&id=UP07/132

Student Guild contact details

The UWA Student Guild is the peak representative body for all students enrolled at UWA. The Guild Student Assist team (consisting of qualified social workers and counsellors) can provide independent, confidential advice on anything affecting your study, including financial, academic, and welfare matters. The Guild also offers hundreds of events, student clubs, volunteering and leadership opportunities, and member discounts. More information and contact details can be found at www.uwastudentguild.com.

Uses of student feedback


Your academic orientation includes three online units which you must complete within the first 10 weeks of your enrolment:

AACE1000 Academic Conduct Essentials (ACE)  (just this for postgraduate)
INDG1000 Indigenous Study Essentials
CARS1000 Communication and Research Skills

Information for students with disabilities

The University has a range of support services, equipment and facilities for students with a disability. If you would like to receive advice on these services please email uniline@uwa.edu.au or visit www.student.uwa.edu.au/life/health/uniaccess

Using peer feedback to assess team contributions

The online tool SPARKPLUS may be used to assess individual contributions to team work. Where Spark is used you will be required to provide feedback to, and receive feedback from, your team members. Based on a series of answers from each team member SPARKPLUS automatically produces two weighting factors: your RPF and SAPA. The use of SPARKPLUS will be explained in class and more information is available on LMS.


Assessment overview

Typically this unit is assessed in the following ways: (1) tutorial attendance and participation; (2) mid-semester examination; and (3) final examination. Further information is available in the unit outline.

Assessment mechanism

#ComponentWeightDue DateRelates To Outcomes
10%Ongoing1 - 8
2Mid-semester examination40%12 April, 6:30pm1 - 4
3Final examination50%Semester 1 examination period: 10 - 24 June5 - 8

Assessment items

#1 - TutorialsTutorials represent an important part of your learning experience in ACCT2112 Management Accounting. A number of questions are assigned each week and categorized as tutorial and self-study questions. The 10% tutorial assessment in ACCT2112 Management Accounting will be determined based on your active participation and contribution in class.

A passing tutorial mark can only be achieved if you are fully prepared prior to class and participate actively in tutorial discussions.

Tutorial questions will be discussed in each tutorial session. These questions consist of multiple-choice type problems and/or problem-type questions, and will be available on the unit's LMS. These tutorial questions are introduced to encourage students to play an active role during tutorial sessions. One purpose of the tutorial questions is to give you an opportunity to improve your understanding and technical competence, and to participate in the tutorials. Your participation component assessment will be based mainly on your active participation in the class discussions of the tutorial questions facilitated by your tutor.

Suggested solutions to the weekly tutorial questions will be placed on the unit’s LMS sometime after the final tutorial session of the week concerned.

Self-study questions are also assigned each week. Suggested solutions to these self-study questions will be made available on the unit’s LMS at the commencement of the semester. Students are strongly advised not to consult the suggested solutions before they have attempted the assigned self-study questions each week.

Please note that unless extenuating circumstances apply (e.g., ill health), you must attend your allocated tutorial class. If you are unable to attend your scheduled tutorial due to extenuating circumstances, you should seek permission from the Unit Coordinator to attend an alternative tutorial for that week.

Please also note that students who come late and/or leave early for each tutorial session will be deemed absent.

Tutorials commence in the second week of the semester (i.e., from Monday, 6 March 2017). You will be placed into either Streams A or B for assessment of your participation in class and your allocated tutorial times are shown below. Please note that you are required to attend a tutorial on a weekly basis as attendance will be taken.

Streams for participation assessment
Week 1: 27 February - No tutorials
Week 2: 6 March - Streams A and B (administration)
Week 3: 13 March - Streams A and B (administration)
Week 4: 20 March - Stream A (participation assessment begins)
Week 5: 27 March - Stream B
Week 6: 3 April - Stream A
Week 7: 10 April - No tutorials [reserve for mid-semester examination]
Study Break: 17 - 21 April
Week 8: 24 April - Stream B
Week 9: 1 May - Stream A
Week 10: 8 May - Stream B
Week 11: 15 May- Stream A
Week 12: 22 May - Stream B
Week 13: 29 May - Streams A and B
#2 - Mid-semester examinationThe material covered in the mid-semester examination will be drawn from the lecture topics covered in Weeks 1 to 5 inclusive. The mid-semester examination will comprise both theoretical and practical questions.

Please note that no tutorial classes are scheduled in the week commencing 10 April, as time is being set aside for you to prepare for the mid-semester examination.
#3 - Final examinationThe final examination is 2 hours in duration. The material covered in the final examination will be drawn from lecture topics covered in Weeks 6 to 13 inclusive. The final examination will comprise both theoretical and practical questions. More details will be provided.

Academic literacy and academic misconduct

The University of Western Australia takes very seriously the matter of academic misconduct by students and has policies in place that define misconduct (including plagiarism) and the penalties that apply. The consequences for misconduct can be severe, including exclusion from the University.

All students are expected to make themselves aware of the definitions and the policies relating to academic misconduct, found at the websites below, and with any additional requirements or stipulations that may be provided by individual coordinators www.governance.uwa.edu.au/procedures/policies/policies-and-procedures?policy=UP07%2F21

Appeals against academic assessment

The full regulations governing appeals procedures are available in the University Handbook at http://rules.handbooks.uwa.edu.au/rules/student_rules/

Penalty for late submission

A penalty of 5 per cent of the total mark allocated for the assessment item is deducted per day for the first 7 days (including weekends and public holidays) after which the assigned work is not accepted. Each 24-hour block is recorded from the time the assignment is due.

 Penalty for exceeding word limit

Where an assignment exceeds the word limit, a penalty of 1 per cent of the total mark allocated for the assessment task applies for each 1 per cent in excess of the word limit.

Textbooks and resources

Recommended texts

Horngren, CT, Datar, SM & Rajan, M 2015, Cost accounting: A Managerial Emphasis, global edition, 15th edn, Prentice Hall, Upper Saddle River. ISBN 9781292018225

Please be advised that the weekly lecture notes and lecture illustration examples will be available on the unit's LMS. It is strongly recommended that you should download these materials before attending your lectures (i.e. Face-to-face lectures).

Suggested alternate texts

Additional texts

Technical requirements

Software requirements

Additional resources and reading

Additional lecture notes and materials may be provided during the lectures.

Other important information

Standard of assessment

The Business School must ensure that the processes of assessment are fair and are designed to maintain the standards of the School and its students. The School follows the UWA marks and grades distribution:

Higher distinction






Credit pass












Failed component




The scaling of marks to ensure comparability between classes is an acceptable academic practice. The School and Board of Examiners have the right to scale marks where it is considered necessary to maintain consistency and fairness.

Quality assurance

Your assessed work may also be used for quality assurance purposes, such as to assess the level of achievement of learning outcomes as required for accreditation and audit purposes. The findings may be used to inform changes aimed at improving the quality of Business School programs. All material used for such processes will be treated as confidential, and the outcome will not affect your grade for the unit.

Approved calculators for examinations

The University permits only the use of calculators in examinations when the calculator has an approved sticker and the examiner permits their use.  If the student does not have an approved sticker on their calculator, they will not be permitted to use the calculator.  Calculators can be approved at the Undergraduate Student Centre, the Postgraduate Student Centre or at Student Administration.  Further information is available on the Business School website at www.business.uwa.edu.au/students/assessments

Special consideration/alternative arrangements

If you are unable to attend a class, tutorial or examination due to circumstances beyond your control and are seeking an extension for submission of an assignment or a deferred exam, please read valid reasons for special consideration at www.student.uwa.edu.au/life/health/uniaccess/special-consideration, complete the application form and submit at the Student Centre.
PLEASE NOTE that deferred exams are not available in Summer School units.

Acknowledging Sources of Information and the Business School Policy on Plagiarism

Student Services provides an online plagiarism portal that includes a definition of plagiarism and a link to FAQ www.studentservices.uwa.edu.au/ss/learning/online_services/plagiarism_portal

‘Turnitin' Originality Checking & Plagiarism Prevention is used in the Faculty to allow both educators and their students check written work for improper citation or misappropriated content. More information about 'Turnitin' can be found at http://turnitin.com/static/index.html

eBooks and open book exams

eBooks cannot be accessed at an examination. Please check your exam details and purchase a printed version of any book you would select to take into an open book exam.


It is important that the referencing of any sources used in your written work is done properly, if only to substantiate the points you are making in your assignment or project.  The Harvard style is the preferred and there are some notes for guidance which have been prepared by the library staff:  ‘Citing your Sources Harvard Style’ http://libguides.library.uwa.edu.au/harvard

The EndNote software package is a really good system for building up a database of references.  Not everyone will want to invest the time in using this system but you should consider it if you intend to build up resource materials or plan to undertake extensive research in a particular area.  The library staff have also developed a tutoring package: ‘A Quick Guide to Using EndNote’ which provides the basics for using EndNote with an essay http://libguides.library.uwa.edu.au/endnote

Last day to add a unit offered in a semester

The final date to add a unit is the end of week 2 of the semester.  For further information on important dates for 2017, refer to www.student.uwa.edu.au/course/dates/important


STUDYSmarter helps students get more out of their study by equipping you with additional skills needed at university. Explore the range of free on-campus and online services to help you develop academic communication, research, critical analysis, numeracy and study skills. http://www.student.uwa.edu.au/learning/studysmarter