KING’S OWN INSTITUTE*
Success in Higher Education
ACC200 INTRODUCTION TO MANAGEMENT ACCOUNTING T119
All information contained within this Subject Outline applies to all students enrolled in the trimester as indicated.
1. General Information
1.1 Administrative Details
Associated HE Award(s) Duration Level Subject Coordinator
B Bus (Accg); B Bus (Mgt & Finance) 1 trimester Level 2 Paul Power
XXXXXXXXXX
P: XXXXXXXXXXExt.156)
L: Level 1, 545 Kent St.
Consultation: via Moodle or by
appointment
1.2 Core/Elective
This is a core subject for B Bus (Accg) and B Bus (Mgt & Fin).
1.3 Subject Weighting
Indicated below is the weighting of this subject and the total course points.
Subject Credit Points Total Course Credit Points
XXXXXXXXXX4 BBus (Accg) 96; BBus (Mgt & Finance) 96
1.4 Student Workload
Indicated below is the expected student workload per week for this subject.
No. timetabled hours/week* No. personal study
hours/week**
Total workload
hours/week***
4 hours/week
(2 hour Lecture + 2 hour Tutorial)
6 hours/week 10 hours/week
* Total time spent per week at lectures and tutorials
** Total time students are expected to spend per week in studying, completing assignments, etc.
*** Combination of timetable hours and personal study.
1.5 Mode of Delivery On-campus
1.6 Pre-requisites ACC100 Introduction to Accounting
1.7 General Study and Resource Requirements
o Students are expected to attend classes with the weekly worksheets and subject support material
provided in Moodle. Students should read this material before coming to class to improve their ability to
participate in the weekly activities.
o Students will require access to the internet and their KOI email and should have basic skills in word
processing software such as MS Word, spreadsheet software such as MS Excel and visual
presentation software such as MS PowerPoint.
o Computers and WIFI facilities are extensively available for student use throughout KOI. Students are
encouraged to make use of the campus Li
ary for reference materials.
ACC200 INTRODUCTION TO MANAGEMENT ACCOUNTING T119 05/03/2019 17:51 PAGE 1 OF 14
*AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: XXXXXXXXXXCRICOS 03171A
Approved by KOI Academic Board for T1 2019
mailto: XXXXXXXXXX
ACC200
Resource requirements specific to this subject: Students should have a non-programmable calculator.
Applications in smart phones will not be sufficient to perform the required calculations.
2 Academic Details
2.1 Overview of the Subject
This subject provides an introduction to the fundamental concepts and techniques that underpin
management accounting in contemporary business environments. Students will apply these concepts and
techniques to the planning, directing, decision-making and controlling functions of an organisation.
Contemporary management accounting issues will also be discussed in this subject.
2.2 Graduate Attributes for Undergraduate Courses
Graduates of the Bachelor of Business (Accounting), and the Bachelor of Business (Management and
Finance) courses from King’s Own Institute will gain the graduate attributes expected from successful
completion of a Bachelor’s degree under the Australian Qualifications Framework (2nd edition, January
2013). Graduates at this level will be able to apply an advanced body of knowledge in a range of contexts
for professional practice or scholarship and as a pathway for further learning.
King’s Own Institute’s key generic graduate attributes for a bachelor’s level degree are summarised below:
Across the course, these skills are developed progressively at three levels:
o Level 1 Foundation – Students learn the basic skills, theories and techniques of the subject and apply
them in basic, stand-alone contexts.
o Level 2 Intermediate – Students further develop skills, theories and techniques of the subject and
apply them in more complex contexts, beginning to integrate the application with other subjects.
o Level 3 Advanced – Students have a demonstrated ability to plan, research and apply the skills,
theories and techniques of the subject in complex situations, integrating the subject content with a
ange of other subject disciplines within the context of the course.
KOI Bachelor Degree
Graduate Attributes Detailed Description
Knowledge Cu
ent, comprehensive and coherent knowledge
Critical Thinking Critical thinking and creative skills to analyse and synthesise information and evaluate new problems
Communication
Communication skills for effective reading, writing, listening
and presenting in varied modes and contexts and for
transfe
ing knowledge and skills to others
Information Literacy Information and technological skills for accessing, evaluating, managing and using information professionally
Problem Solving Skills
Skills to apply logical and creative thinking to solve
problems and evaluate solutions
Ethical and Cultural
Sensitivity
Appreciation of ethical principles, cultural sensitivity and
social responsibility, both personally and professionally
Teamwork Leadership and teamwork skills to collaborate, inspire colleagues and manage responsibly with positive results
Professional Skills
Professional skills to exercise judgement in planning,
problem solving and decision making
ACC200 INTRODUCTION TO MANAGEMENT ACCOUNTING T119 05/03/2019 17:51 PAGE 2 OF 14
*AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: XXXXXXXXXXCRICOS 03171A
Approved by KOI Academic Board for T1 2019
ACC200
2.3 Subject Learning Outcomes
This is a Level 1 subject.
Listed below, are key knowledge and skills students are expected to attain by successfully completing this
subject:
Subject Learning Outcomes Contribution to Course Graduate Attributes
a) Analyse the links between management accounting, customers,
suppliers and sources of external information and assess what is
elevant to business decision-making
) Apply costing techniques and explain their strengths and
limitations in specific circumstances
c) Analyse management accounting information and present
management accounting information in various formats using
appropriate systems
d) Critically evaluate and apply relevant management accounting
concepts and management control systems to organisational
settings.
2.4 Subject Content and Structure
Below are details of the subject content and how it is structured, including specific topics covered in
lectures and tutorials. Reading refers to the text unless otherwise indicated.
Weekly Planner:
Week
(beginning)
Topic covered in each week’s lecture Reading(s) Expected work as
listed in Moodle
1
11 Mar
Overview management accounting in
context. Basic cost terms and inventory
costing
Chs.1, 2 Tutorial Exercises
2
18 Mar Inventory management Ch.17 Tutorial Exercises
3
25 Mar Absorption and product costing Ch. 6 Tutorial Exercises
4
01 Apr Process costing Ch. 6
Tutorial Exercises
Online quiz due
5
08 Apr Allocating service department costs Ch. 14 Tutorial Exercises
6
15 Apr Mid trimester exam Mid trimester exams
21 Apr 2019
–
28 Apr 2019
Mid trimester
eak
7
29 Apr Standard costing, variance analysis Ch.12 Tutorial Exercises
8
06 May
Budgeting, management control and
esponsibility accounting Ch. 11
Tutorial Exercises
Draft Report
ACC200 INTRODUCTION TO MANAGEMENT ACCOUNTING T119 05/03/2019 17:51 PAGE 3 OF 14
*AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: XXXXXXXXXXCRICOS 03171A
Approved by KOI Academic Board for T1 2019
ACC200
9
13 May Activity based costing and target costing Chs. 7,8
Tutorial Exercises
Defe
ed mid trimester
exams - see Section 2.6
elow for more
information
10
20 May
Balanced scorecard, financial and non-
financial measures of performance Ch.20
Tutorial Exercises
Individual Assignment
(Case Study) due
11
27 May Environment issues and sustainability Ch.21
Tutorial Exercises
Online Quiz
12
03 Jun Revision Revision exercises
13
10 Jun
Study Review Week
14
17 Jun
Final Exam Week Please see Exam Timetable for exam
date, time and location
15
24 Jun
Student Vacation begins
Enrolments for T219 open
16
01 Jul
Results Released 02 Jul 2019
Certification of Grades 05 Jul 2019
T219 begins 08 July 2019
1
08 Jul
Week 1 of classes for T119
Friday 05 July 2019 – Review of Grade Day for T119 – see Sections 2.6 and 3.6
elow for more information.
2.5 Public Holiday Amendments
Please note: KOI is closed on all scheduled NSW Public Holidays.
T119 has six (6) days of public holidays (Easter Holidays and the Queen’s Birthday) that occurs during
classes this trimester. Classes scheduled for these public holidays (Calendar Class Dates) will be
escheduled as per the table below. All other public holidays fall within the mid-trimester
eak period.
This applies to ALL subjects taught in T119.
Please see the table below and adjust your class timing as required. Please make sure you have
a
angements in place to attend the rescheduled classes if applicable to your T119 enrolment.
Classes will be conducted at the same time and in the same location as your normally scheduled class
except these classes will be held on the date shown below.
Calendar Class Date Rescheduled Class Date
Friday 19 April 2019 (Week 6)
Saturday 20 April 2019 (Week 6)
Tuesday 11 June XXXXXXXXXXWeek 13) Study Review Week
Wednesday 12 June XXXXXXXXXXWeek 13) Study Review Week
2.6 Review of Grade, Defe
ed Exams & Supplementary Exams/Assessments
Review of Grade:
There may be instances when you believe that your final grade in a subject does not accurately reflect your
performance against the subject criteria. Section 8 of the Assessment and Assessment Appeals Policy
(www.koi.edu.au) describes the grounds on which you may apply for a Review of Grade.
If this happens and you are unable to resolve it with the Academic staff concerned then you can apply for a
formal Review of Grade within the timeframes indicated in the following sections of this subject