ACCTG 321 : Strategic Management Accounting
Business and Economics
2021 Semester One (1213) (15 POINTS)
Course Prescription
Course Overview
The aim of this course is to provide an understanding of the importance of management accounting systems in supporting organisational efforts to survive and prosper in today's competitive environment. Management accounting systems have an important role to play in the successful formulation and implementation of competitive strategy. An organization’s success in developing, implementing and managing its strategic objectives depends on its ability to foster appropriate strategies then monitor, evaluate and manage their implementation.
This paper is primarily organised around seminars, during which students participate in group presentations and discussions of the use of management accounting systems in case studies. It therefore requires reading of multiple case studies and related materials to identify key concepts and application of those concepts to the case studies. The course has a strong emphasis on student self-learning. In meeting the learning objectives students will acquire knowledge and skills that are valuable in the work environment.
Capabilities Developed in this Course
| Capability 1: | Disciplinary Knowledge and Practice |
| Capability 2: | Critical Thinking |
| Capability 3: | Solution Seeking |
| Capability 4: | Communication and Engagement |
Learning Outcomes
- Prepare and interpret management accounting information to support the implementation and evaluation of an organization's strategic objectives. (Capability 1)
- Apply a structured approach to analyse complex, case-based accounting problems. (Capability 2 and 3)
- Communicate accounting analyses and justified recommendations in verbal and written forms. (Capability 4.1 and 4.2)
- Work collaboratively to debate case problems and synthesise solutions. (Capability 4.3)
Assessments
| Assessment Type | Percentage | Classification |
|---|---|---|
| Assignments | 20% | Individual Coursework |
| Team Presentation | 15% | Group Coursework |
| Seminar discussion | 15% | Individual Coursework |
| Exam | 50% | Individual Examination |
| 4 types | 100% |
| Assessment Type | Learning Outcome Addressed | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |||||||
| Assignments | ||||||||||
| Team Presentation | ||||||||||
| Seminar discussion | ||||||||||
| Exam | ||||||||||
Workload Expectations
Following University workload guidelines, a standard 15 point course represents approximately 150 hours of study.
During a typical teaching week there will be 2 hours of lectures and 1 hour of seminars. You will be expected to spend 3 hours preparing the case study for the week, which includes reviewing background materials, reading and annotating the case, attempting calculations and recommendations, and submitting your work. For the 12 teaching weeks, this totals to 72 hours. Since the course as a whole represents approximately 150 hours of study, that leaves a total of 78 hours across the entire semester for independent study, e.g. reading, reflection, preparing for assessments etc.
Delivery Mode
Campus Experience
Attendance is expected at scheduled weekly seminars to receive credit for the participation component of the course.
Lectures will be available as recordings but weekly seminars will not be recorded.
The course will not include live online events for group seminar discussions.
Attendance on campus is required for the exam.
The activities for the course are scheduled as a standard weekly timetable.
Learning Resources
Student Feedback
At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.
Your feedback helps teachers to improve the course and its delivery for future students.
Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.
Other Information
Digital Resources
Course materials are made available in a learning and collaboration tool called Canvas which also includes reading lists and lecture recordings (where available).
Please remember that the recording of any class on a personal device requires the permission of the instructor.
Academic Integrity
The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed against online source material using computerised detection mechanisms.
Inclusive Learning
All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.
Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website http://disability.auckland.ac.nz
Special Circumstances
If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due.
If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.
This should be done as soon as possible and no later than seven days after the affected test or exam date.
Learning Continuity
In the event of an unexpected disruption we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and your assessment is fair, and not compromised. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator, and if disruption occurs you should refer to the University Website for information about how to proceed.
Student Charter and Responsibilities
The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html.
Disclaimer
Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.
In this course you may be asked to submit your coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. The final decision on the completion mode for a test or examination, and remote invigilation arrangements where applicable, will be advised to students at least 10 days prior to the scheduled date of the assessment, or in the case of an examination when the examination timetable is published.