Points15

Delivery ModeFlexiSync

When TaughtA

Start Week26 Feb 2024

End Week23 Jun 2024

Where TaughtHamilton

Self-PacedNo

Staff

Convenor	Dr Terrence Feng: [email protected]
Lecturer	Aprof Mary Low: [email protected]
Administrators	Denise Martin: [email protected] Maria Neal: [email protected]
Tutors	Ahad Bhatti: [email protected] Aira Cabatingan: [email protected] Danielle Joblin: [email protected] Florence Oeung: [email protected] Nosheen Rasool: [email protected]
Librarian(s)	Available here

What this paper is aboutWelcome to ACCTN101: Accounting for Management. The ACCTN101 paper is an important one for business students as it helps them to understand the role of accounting and how financial statements are crucial in helping individuals to be better informed when making management decisions. The learning activities and assessment items designed and developed for this paper are intended to help students learn how to apply accounting concepts and thereby develop an understanding of how financial and non-financial information are used for both internal and external decision-making purposes. The paper also illustrates how such information links to other disciplines in a business. There is also emphasis provided in the paper about the limitations of using just accounting information for decision-making purposes. Students are made aware of the importance of the context in which such information has been prepared and that there needs to be a wider consideration of non-financial information to provide a better balance in decision-making processes by owners/shareholders/managers/investors/debt-holders/other stakeholders. In this paper you will learn about the importance of accounting and how to appropriately use the financial and non-financial information provided by accountants.

How this paper will be taught

This paper has two main parts: Financial Accounting and Management Accounting. Accounting is the process of identifying, measuring and communicating economic information to permit informed judgement and decisions by users of the information. The first part focuses on the use of financial statements to aid internal and external users whereas the second part focuses on the use of special type reports for managers in internal decision making. The paper also reviews the information needed by government for accountability purposes. Also covered is this paper are ethics, taxation matters and sustainability.

Students are expected to attend:

• 1 x 2-hour lecture per week
• 1 x 1-hour workshop (demonstration lecture per week)
• 1 x 1-hour tutorial per week (or 2-hour tutorial if you choose to enrol the NAB tutorial)

Lecture 01: Monday 1:00 pm - 3:00 pm MSB.1.04

Lectures will be recorded and available on Panopto after lectures.The course calendar lists the topic to be covered in each of the lecture sessions as well as the prescribed reading for that particular topic. You will gain more from a lecture if you have read the prescribed reading before the lecture. Try to formulate questions in your mind whilst doing the reading. These questions will help you concentrate on the lecture and provide a focus for your listening.

Lecture 02 (Workshop): Wednesday 12.00 pm – 1:00 pm MSB.1.04

The workshop is a demonstration lecture, which aims to help students reinforce their learning from lectures through problem solving. It is strongly recommended that all students attend this session. The material covered in this session will help you with your tutorial preparation and will also be important material covered for the tests.

Tutorial

You should attend one tutorial per week starting from the second week. A set of problems and cases has been provided for you to do in your own time. The assigned problems should be treated as a minimum set and you are encouraged to tackle as much as possible of the assigned cases and problems before coming to a tutorial.

The tutorial will be of 50 minutes duration (NAB tutorials are of 100 minutes duration) and provide students with an opportunity to discuss answers and ask questions to the tutorial problems. You will understand the answers better if you have attempted the problems beforehand. Tutors will not have time to allow you to copy down the suggested solutions. The emphasis will be on satisfactory preparation - no work, no marks. Repeating problems you have done in previous tutorials is also good practice for tests.

There is a limit of 20 to the number of places in each face to face tutorial. Signing up is on a "first come, first served" basis. If your first choice of time is full you will have to select an alternative. In cases of real difficulties, in contrast to mere preference, please email the paper convenor.

Tutorials commence in week 2.

Key to Tutorials: NAB - No Accounting Background are 100 minutes in duration and are for students who have not studied any accounting previously

What you will study

Topic
Introduction
Accounting from a user’s perspective and the social construction of reality
Basic Accounting Constructs
Accounting Concepts
GAAP and Regulation
Financial Statements
Evaluation of the traditional accounting model
Financial Statement Analysis
Accounting for a wider environment
Ethical issues in accounting and tax matters
Accounting & Internal Enterprise Management
Cost-Volume-Profit relationships
Relevant costs for short-term decisions
Multiple products: CVP
Multiple products: full costing – traditional approach
ABC theory and practice
Accounting control techniques: Introduction to Planning and Control - Standard Costs
Organisational budgets - normative theory versus practice
Controlling large organisations - Decentralisation and performance measurement of divisional units.
Accounting information in open systems - Understanding the balanced scorecard.
Review Lecture
Financial Accounting Test
Management Accounting Test

Week			Topics	Additional Information
Paper	University	Beginning
1	9	Mon 26 Feb	Introduction Accounting from a user’s perspective and the social construction of reality	No Tutorial for week 1. SIGN UP for a tutorial on Moodle. Textbook Reading: Ch 1. Workshop: Accounting information for decision-making.
2	10	Mon 4 Mar	Basic Accounting Constructs Accounting Concepts	Textbook Reading: Chapter 2. Workshop: Accounting Concepts. Tutorial: Chapter 1, Exercise 1, 8, 9, 10 and 16.
3	11	Mon 11 Mar	GAAP and Regulation Financial Statements	Textbook Reading: Chapter 2. Workshop: Financial Statements. Chapter 2 - Exercises 9, 10, 11, 12, 13 and 14.
4	12	Mon 18 Mar	Evaluation of the traditional accounting model Financial Statement Analysis	Textbook Reading: Ch 2, Ch 3. Workshop: Test Revision. Tutorial: Chapter 2 - Cases 4, 12 and Class Discussion Questions 1 (Financial Statements and GAAPs).
5	13	Mon 25 Mar	Financial Statement Analysis Financial Accounting Test	Textbook Reading: Chapter 3. Financial Accounting Test replaces the lecture session on Monday (25 March). Lecture will be on Wednesday (27 March) this week. No workshop. Tutorial: Chapter 3 - Exercises 1, 2 and Case 14.
6	14	Mon 1 Apr	Accounting for a wider environment Ethical issues in accounting and tax matters Accounting & Internal Enterprise Management	Read chapters 4, 5, 6, 7. Easter Monday (1 April). A recording of this week's lecture will be available on Moodle for watching. Workshop: Financial Statement Analysis. Tutorial: Ch 4: Ex 5, 9 & Class Discussion Questions 2: Financial Statement Analysis. Discussing case study assignment in tutorials with your group members and tutors.
7	15	Mon 8 Apr	Accounting & Internal Enterprise Management Cost-Volume-Profit relationships	Textbook Reading: Chapter 8. Workshop: CVP and Multiple Products. Tutorial: Ch 5: Ex 14, Case 6; Ch 6: Ex 14 and Class Discussion Questions 3: Ethical Issues in Accounting.
8	16	Mon 15 Apr	Teaching Recess Week
9	17	Mon 22 Apr	Teaching Recess Week
10	18	Mon 29 Apr	Relevant costs for short-term decisions Multiple products: CVP	Reading Text: Ch 8. Tutorial: Ch 7 Ex 9, 12, Ch 8 Cases 1 and 3.
11	19	Mon 6 May	Multiple products: full costing – traditional approach ABC theory and practice	Reading Text: Ch 9. Workshop Lecture 7: CVP - Multiple Products. Tutorial: Ch 8: Cases 4, 5, 19 and Class Discussion Questions 4: CVP Analysis. Case study group assignment due 10 May (Friday) by 5 pm through Moodle.
12	20	Mon 13 May	Accounting control techniques: Introduction to Planning and Control - Standard Costs Organisational budgets - normative theory versus practice	Reading Text: Ch 10. Workshop Lecture 8: Allocating Overheads. Tutorial: Ch 9: Ex 2, Cases 8 and 9 and Class Discussion Questions 5 Multiple products.
13	21	Mon 20 May	Controlling large organisations - Decentralisation and performance measurement of divisional units. Accounting information in open systems - Understanding the balanced scorecard. Review Lecture	Reading Text: Ch 10, 11. Workshop: test revision. Tutorial: Ch 10 - Ex 3, Case 6; and Class Discussion Questions 6: Standard Costing.
14	22	Mon 27 May	Management Accounting Test	Management Accounting Test replaces the lecture session on Monday (27 May). No workshop. No tutorial.
15	23	Mon 3 Jun	Study Week
16	24	Mon 10 Jun	Exam Week
17	25	Mon 17 Jun	Exam Week

Required Readings

Low, M., Davey, H., and Lawrence, S. (2021). Accounting at Work: In Business, Government & Society, 6th Edition. Edify Ltd

The print version can be purchased from the university bookshop.

The ebook is available from :https://www.vitalsource.com/en-au/products/accounting-at-work-mary-low-howard-davey-v9780947496425

(Students should purchase the 6th Edition of the prescribed text. There are significant differences between the editions.)

Academic research

Dai, J. and M. A. Vasarhelyi. 2017. Toward Blockchain-Based Accounting and Assurance. Journal of Information Systems. 31(3): 5-21

Endrawes, M., Feng, Z., Lu, M., & Shan, Y. (2020). Audit committee characteristics and financial statement comparability. Accounting & Finance, 60 (3): 2361-2395

Park, K. (2018). Financial reporting quality and corporate innovation. Journal of Business Finance & Accounting, 45(7-8): 871-894

Reading list for ACCTN101

Learning OutcomesStudents who successfully complete the paper should be able to:

1. Explain how accounting contributes to effective management decision making
2. Evaluate how accounting impacts in organizations and society
3. Interpret financial statements with an awareness of their context and source
4. Apply basic costing, budgeting and quantitative modelling techniques
5. Demonstrate skills in creative problem solving and team work

Internal Assessment / Examination WeightingThe internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam.

Grade MethodWaikato Grading Scale (A+, A, A- etc…)

Assessment

Assessments	Due Date	Percentage of overall mark	Compulsory	Link to Learning Outcome
Tests		60
Financial accounting test	25 Mar 2024	-		1,2,3,5
Management accounting test	27 May 2024	-		1,2,4,5
Tutorial Homework		15
Homework submission 1	18 Mar 2024	-		1,2,3,4,5
Homework submission 2	03 Apr 2024	-		1,2,3,4,5
Homework submission 3	06 May 2024	-		1,2,3,4,5
Homework submission 4	13 May 2024	-		1,2,3,4,5
Homework submission 5	20 May 2024	-		1,2,3,4,5
Case Study		15
Case Study Submission	10 May 2024	-		1,2,3,4,5
Online Tests		10
Chapter 1 - Accounting as a social practice	08 Mar 2024	-		1,2,3,5
Chapter 02 - Standards for Private Sector Accounting	15 Mar 2024	-		1,2,3,5
Chapter 03 - Financial Statement Analysis	05 Apr 2024	-		1,2,3,5
Chapter 04 - Environmental and Sustainable Accounting	12 Apr 2024	-		1,2,5
Chapter 05 - Ethical Issues in Accounting	12 Apr 2024	-		1,2,5
Chapter 06 - Tax Matters	12 Apr 2024	-		1,2,5
Chapter 07 - Accounting for Internal Management	03 May 2024	-		1,2,4,5
Chapter 08 - Relevant Costs for Decisions	10 May 2024	-		1,2,4,5
Chapter 09 - Full Costing and Activity Based Costing	17 May 2024	-		1,2,4,5
Chapter 10 - Accounting Control Techniques	24 May 2024	-		1,2,4,5
Chapter 11 - Accounting Information in Open Systems	31 May 2024	-		1,2,5
Assessment Total:		100

How you will be assessed

Reference StyleUse the APA Referencing Style. The University of Waikato Library has put together a selection of resources to help you acknowledge your sources properly. https://www.waikato.ac.nz/library/guidance/referencing

Student Support

We provide a range of student support services for both our Hamilton  and Tauranga  based students. Service providers include Accessibility Services staff, who are committed to supporting students with impairments in order for them to be successful in their studies, and the Student Learning team, who help students acquire the skills, knowledge and attributes they need to be successful, independent, and self-directed learners.

Process for requesting
extensions, special
consideration and for
appealing marks

Teaching staff are committed to helping students succeed. We also understand that there are many conflicting demands on your time, and we will endeavour to carefully plan assessment submission dates/times so that they are reasonable and fair to all. Where possible, we will seek to coordinate assessment due dates across papers frequently co-taken, in particular at 100-level.

There may be situations where, for whatever reason, it is not possible to sit a test or submit a piece of assessment by the stated due date. Where there is an acceptable excuse (see below) the paper convenor will provide an appropriate extension and/or alternative assessment - whatever is appropriate given the particular situation. Where there is no acceptable excuse, a penalty (see below) will need to be applied - in fairness to other students.

Extensions or Alternative Assessment - Acceptable Reasons

The criteria for determining if the request is reasonable will be based on supporting evidence or documentation, the timing of the event being outside your control and the significance of the event concerning your personal and academic development. Also, where it is possible, prior notification will also be taken into account.

For example, the following reasons would normally be acceptable:

1. Sickness, subject to a medical certificate being submitted as soon as technically possible. You must endeavour to be seen by a doctor on the relevant day and the certificate must cover the relevant time period
2. Representation at a national or provincial sporting or cultural event. Allowance is made for national and representative sport or cultural participation. You should be aware of your activities and make arrangements for any absences well in advance with your paper convenor. Please provide a letter from your coach supporting these absences. You need to manage and complete your work accordingly. Such activities are not grounds for a short notice extension unless you can show you have been called in at last minute (in which case your application must be supported by a coach’s letter).
3. Death or severe illness of close relation or friend

The following excuses would not normally be acceptable:

1. Family reunions
2. Being a spectator at a sporting event
3. Participation in an event which could be scheduled at alternative times
4. Work commitments
5. Assessments for other papers

If an extension for a written piece of assessment is given, the paper convenor will determine the revised submission date/time. Depending on the circumstances, an extension to a test may or may not be possible. The paper convenor will make this decision. If you have a legitimate reason for missing a piece of assessment, and where an extension is not possible, you will be assigned either a MC (medical certificate) or GE (good excuse) in the Student Management System. An aegrotat mark is then assigned, often at the end of the semester to reflect equivalent student performance. As per the University Assessment Regulations, “A student may not be awarded estimated marks under subsection 16(4) of these regulations for more than 33% of the overall internal assessment for a paper.”

All requests must be completed on the approved form, which can be found in each paper’s Moodle page under Resources. Unless it is a medical reason, this form must be submitted at least three days before the due date of the assessment.

Lateness Penalties

If your assessment is submitted after the due date/time without an approved extension, the following penalties will be applied:

• Up to 24 hours after the due date/time: 10% (out of 100%) is deducted
• Up to 48 hours after the due date/time: 20% (out of 100%) is deducted
• Up to 72 hours after the due date/time: 30% (out of 100%) is deducted
• Assignments submitted after this will receive a grade of 0

How we have responded
to student feedbackPaper evaluations or appraisals are conducted in the last lecture at the end of the Semester. The aim of the paper evaluation is to help the lecturers review the paper. Of importance is whether the paper objectives, our teaching and your learning have been achieved to a satisfactory level. This monitoring and review process helps us to review the paper design, teaching effectiveness and whether the learning outcomes of the paper are being achieved.

Class Representation

During the first week of the paper you will be given an opportunity to elect at least one fellow student as your Class Representative.

A Class Representative is a student who represents the views of his or her class on academic matters to the lecturer, Department and/or School. The types of issues a Class Rep would usually raise are things that impact on the quality of education and the ability of class members to study effectively, such as assessment, access to paper resources, the quality of tutorials, papers, materials and teaching facilities.

The University’s Class Rep Administrator can be contacted at [email protected]. Further information can be found at the Class Rep Website.

During the first week of the paper you will be given an opportunity to elect at least one fellow student as your Class Representative.

A Class Representative is a student who represents the views of his or her class on academic matters to the lecturer, Department and/or Faculty. The types of issues a Class Rep would usually raise are things that impact on the quality of education and the ability of class members to study effectively, such as assessment, access to paper resources, the quality of tutorials, papers, materials and teaching facilities.

The University’s Class Rep Administrator can be contacted on 838 4447 or email address: [email protected]. Further information can be found at the Class Rep Website.

University Regulations

Resources provided to students by the University are subject to copyright protection under the Copyright Act 1994. If you use, sell or share these resources without permission of the copyright holder, you may be subject to legal proceedings, or disciplinary action by the University. In particular, students are advised that uploading course materials and assignments to websites, whether or not any payment is received by the student, OR using such websites as an aid to completing assignments, whether or not any payment is made by the student, will result in disciplinary action which can lead to papers being disallowed, or the student's exclusion from the University.

Your attention is drawn to the following regulations and policies, which are published in the University Calendar:

• Assessment Regulations 2016
• Change of Enrolment Regulations 2012
• Computer Systems Regulations
• Policy on the Use of Māori for Assessment
• Ethical Conduct in Human Research and Related Activities Regulations 2008
• Student Research Regulations 2008
• Code of Student Conduct 

Academic Integrity

Me tika. Me rite. Me pono.

The University of Waikato is committed to excellence, respect, and honesty in scholarship and to ethical professional conduct. Academic integrity is at the core of this commitment and requires all members of the University community (students, academic and general staff) to uphold academic integrity as a personal, academic, and professional responsibility.

Mā te Tangata! Mō te Tangata!

Plagiarism

Plagiarism means presenting as one’s own work the work of another, and includes the copying or paraphrasing of another person’s work in an assessment item without acknowledging it as the other person’s work through full and accurate referencing; it applies to assessment (as defined in the Assessment Regulations) presented through a written, spoken, electronic, broadcasting, visual, performance or other medium.

The Student Discipline Regulations are found in the online Calendar.  The Library and Student Learning are valuable resources to assist you with your studies at the University. There is also a Moodle-based course on Academic Integrity, which is highly recommended.

Cheating

Cheating at the University includes and is not limited to the following items:

• Copying all or part of another student’s work (essay, report, code, test answers, etc) and submitting it as your own
• Using another person’s work - from a reading (article, book), from course materials, from digital sources such as Wikipedia and not acknowledging the source of the work
• Buying an assignment, including from an internet service or a social messaging service (such as WeChat)
• Using sites such as but not limited to, studocu.com and chegg.com to source answers for assessment tasks, such as test questions
• Asking someone else to produce your assignment and submitting it as your own
• Using an AI tool, such as ChatGPT, to produce your assignment or test answer and submitting it as your own, unless the assignment instructions specifically require you to use an AI tool, such as ChatGPT
• Using an AI tool, such as ChatGPT, to rewrite your assignment or test answer and submitting it as your own, unless the assignment instructions specifically require you to use an AI tool, such as ChatGPT.

Throughout this paper you may be asked to work in groups or teams on a variety of tasks and discussions. When it comes to assessment, the work you submit should always be all your own work unless your lecturer or tutor has specifically assigned the work as a group assignment. This does not mean that you can’t form study groups and work together on problems, exchange ideas, and so on. However, you may not submit someone else’s work as your own; you need to write the assessment yourself.

On occasion, an assessment task may require you to submit drafts or parts of a piece of work before submitting a final version. Otherwise, you are not permitted to submit the same piece of work for two different assignments even if they are for different papers. The University’s Assessment Regulations prohibit this type of repeat submission, without prior approval from the lecturer.

Students’ work is checked by staff and by software such as Turnitin in order to detect cheating. Cheating is a breach of the Assessment Regulations and will be dealt with according to the Student Discipline Regulations.