ACCTN101-23VA (VTN)

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)

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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What this paper is about

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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 non­financial information are used for both internal and external decision­making 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 decision­making 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 non­financial information to provide a better balance in decision­making processes by owners/shareholders/managers/investors/debt­holders/other stakeholders. In this paper, you will learn about the importance of accounting and how to appropriately use the financial and non­financial information accountants provide.

This paper explains that accounting is an important social practice; an integral aspect of organizational 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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How this paper will be taught

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This paper has 2 main parts: Financial Accounting and Management Accounting. Accounting is identifying, measuring, and communicating economic information to permit informed judgment and decisions by users of the information.

The first part focuses on the use of financial statements to aid internal and external users. In contrast, 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 the government for accountability purposes.
Also covered in this paper are ethics, taxation matters, and sustainability.

GroupDayTimeRoom
SCMMonday10am to 12pmA2-801
DBThursday7:30am to 9:30amA2-801
  • Tutorials (all in Hanoi time):
DayTimeRoom
Monday1pm to 3pm; 3:30 pm to 5:30 pmA2-814
Thursday7:30am to 9:30amA2-801
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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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Learning Outcomes

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Students who successfully complete the course should be able to:

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

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How you will be assessed

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Internal course work/Final examination: Assessment is by mid-term tests, homework, case study during the trimester and final exam. Your final mark for the course will be a weighted average of your internal course work and final exam marks as followed:

  1. Financial Accounting Test: 12.5%
  2. Management Accounting Test: 12.5%
  3. Homework: 10%
  4. Online quizzes: 5%
  5. Case study: 10%
  6. Exam: 50%
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The internal assessment/exam ratio (as stated in the University Calendar) is 50:50. There is no final exam. The final exam makes up 50% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 50:50 or 0:0, whichever is more favourable for the student. The final exam makes up either 50% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Financial Accounting Test
24 Apr 2023
2:00 PM
12.5
  • Hand-in: In Lecture
2. Case Study
14 May 2023
4:00 AM
10
  • Online: Submit through Moodle
3. Management Accounting Test
12 Jun 2023
2:00 PM
12.5
  • Hand-in: In Lecture
4. Tutorial Homework
10
  • Hand-in: In Tutorial
5. Online Tests
Average of All
5
  • Online: Submit through Moodle
6. On-line Test Chapter 1
17 Mar 2023
11:00 PM
-
  • Online: Submit through Moodle
7. On-line Test Chapter 2
24 Mar 2023
11:00 PM
-
  • Online: Submit through Moodle
8. On-line Test Chapter 3
31 Mar 2023
11:00 PM
-
  • Online: Submit through Moodle
9. On-line Test Chapter 4
7 Apr 2023
11:00 PM
-
  • Online: Submit through Moodle
10. On-line Test Chapter 5
14 Apr 2023
11:00 PM
-
  • Online: Submit through Moodle
11. On-line Test Chapter 6
5 May 2023
11:00 PM
-
  • Online: Submit through Moodle
12. On-line Test Chapter 7
12 May 2023
11:00 PM
-
  • Online: Submit through Moodle
13. On-line Test Chapter 8
19 May 2023
11:00 PM
-
  • Online: Submit through Moodle
14. On-line Test Chapter 9
26 May 2023
11:00 PM
-
  • Online: Submit through Moodle
15. On-line Test Chapter 10
2 Jun 2023
11:00 PM
-
  • Online: Submit through Moodle
16. On-line Test Chapter 11
9 Jun 2023
11:00 PM
-
  • Online: Submit through Moodle
17. Exam
15 Jun 2023
2:00 PM
50
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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