ACCTN101-22B (HAM)

Accounting for Management

15 Points

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Division of Management
School of Accounting, Finance and Economics

Staff

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Convenor(s)

Christo Ackermann

Christo Ackermann
3554
TCBD.4.03
See Moodle
christo.ackermann@waikato.ac.nz

Lecturer(s)

Administrator(s)

: maxine.hayward@waikato.ac.nz

Placement/WIL Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: yilan.chen@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
  • Extensions starting with 4, 5, 9 or 3 can also be direct dialled:
    • For extensions starting with 4: dial +64 7 838 extension.
    • For extensions starting with 5: dial +64 7 858 extension.
    • For extensions starting with 9: dial +64 7 837 extension.
    • For extensions starting with 3: dial +64 7 2620 + the last 3 digits of the extension e.g. 3123 = +64 7 262 0123.
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Paper Description

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This paper explains that accounting is an important social practice; an integral aspect of organisational management and covers both the technical aspects of the provision and the use of accounting information. This is a compulsory paper for the BMS, BBus and BBA degrees.

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Paper Structure

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This paper has 2 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.
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Learning Outcomes

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Students who successfully complete the paper should be able to:

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

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Internal coursework / final examination ratio: 1:0

Assessment is by internal coursework during the trimester. There is no exam. Your final mark for the course will be a weighted average of your internal course work marks.
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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Financial Accounting Test
15 Aug 2022
4:00 PM
25
  • Hand-in: In Lecture
2. Case Study
30 Sep 2022
5:00 PM
20
  • Online: Submit through Moodle
3. Management Accounting Test
17 Oct 2022
4:00 PM
25
  • Hand-in: In Lecture
4. Tutorial Homework
15
  • Hand-in: In Tutorial
5. Online Tests
Average of All
15
  • Online: Submit through Moodle
6. On-line Test Chapter 1
29 Jul 2022
10:00 AM
-
  • Online: Submit through Moodle
7. On-line Test Chapter 2
5 Aug 2022
10:00 AM
-
  • Online: Submit through Moodle
8. On-line Test Chapter 3
12 Aug 2022
10:00 AM
-
  • Online: Submit through Moodle
9. On-line Test Chapter 4
19 Aug 2022
10:00 AM
-
  • Online: Submit through Moodle
10. On-line Test Chapter 5
26 Aug 2022
10:00 AM
-
  • Online: Submit through Moodle
11. On-line Test Chapter 6
26 Aug 2022
10:00 AM
-
  • Online: Submit through Moodle
12. On-line Test Chapter 7
16 Sep 2022
10:00 AM
-
  • Online: Submit through Moodle
13. On-line Test Chapter 8
23 Sep 2022
10:00 AM
-
  • Online: Submit through Moodle
14. On-line Test Chapter 9
30 Sep 2022
11:00 AM
-
  • Online: Submit through Moodle
15. On-line Test Chapter 10
7 Oct 2022
10:00 AM
-
  • Online: Submit through Moodle
16. On-line Test Chapter 11
14 Oct 2022
10:00 AM
-
  • Online: Submit through Moodle
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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Lawrence, S., Davey, H., and Low, M. (2021). Accounting at Work: In Business, Government & Society, 6th Edition, New Zealand, Pearson Education NZ.

Ebook is available. More information will be provided in the first lecture.
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Recommended Readings

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Hoggett, J., Medlin, J., Chalmer, K., Beattiem C., Hellmann, A., Maxfield, J. (2018) Accounting, Wiley, Milton, Qld (10th edition)

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

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Other Resources

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Online Support

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If you require online support for myweb please email helpdesk at wmshelp@waikato.ac.nz
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Workload

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TIME MANAGEMENT

Be realistic about the amount of time you spend on this course. A full time first year student should be working on their courses for about 40 hours per week. This is an average figure; the actual hours will vary from week to week. This means that for a semester course you should spend about 10 hours per week. For this course, the following is a guide to how you might divide up those hours:

Hours per week Activity
2 Lectures
1 Workshop
2 Read prescribed readings and review lecture notes
4 Complete weekly on-line tests, case presentation and tutorial problems
1 Attend and discuss assigned case and tutorial work in tutorials
10 Total

This time allocation will vary during the weeks you are preparing for your tests, company project and case presentation.
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Linkages to Other Papers

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This paper provides an important link to other department papers. Understanding how accounting information is used for managerial decision-making is important for any management/business student. The assessment materials are designed in this paper to help students learn how to work in a team, as they will have to when they join the “real world”. The group project will help students to learn how to use investigative research skills in searching for data on companies and how to pull the data together to evaluate how well the companies are performing or not performing. This paper also emphasises that a broader aspect of information must be used when making decisions about the performance and position of organisations..
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Prerequisite(s)

Corequisite(s)

Equivalent(s)

Restriction(s)

Restricted papers: ACCT101

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