CRICOS Provider Code: 00586B Tasmanian School of Business & Economics (TSBE) (School) College of Business and Economics (College) BFA103 ACCOUNTABILITY AND ACCOUNTING 12.50 Credit points Accelerated Study Period 2, 2021 Unit Outline Unit Coordinator Alissa Hodge CPA
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CRICOS Provider Code: 00586B
Tasmanian School of Business & Economics (TSBE) (School)
ALTERATIONS TO THE UNIT AS A RESULT OF STUDENT FEEDBACK 7
PRIOR KNOWLEDGE &/OR SKILLS 7
HOW WILL I BE ASSESSED? 8
ASSESSMENT SCHEDULE 8
ASSESSMENT DETAILS ERROR! BOOKMARK NOT DEFINED.
HOW YOUR FINAL RESULT IS DETERMINED 8
SUBMISSION OF ASSIGNMENTS 11
ACADEMIC REFERENCING 12
ACADEMIC MISCONDUCT 13
STUDENT BEHAVIOUR 14
WHAT LEARNING OPPORTUNITIES ARE THERE? 15
MYLO 15
RESOURCES 15
ACTIVITIES 16
COMMUNICATION 17
CONCERNS AND COMPLAINTS 18
FURTHER INFORMATION AND ASSISTANCE 18
UNIT SCHEDULE 20
ACCREDITATION 22
AACSB ACCREDITATION 22
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COVID Safe Information
To ensure the safety and wellbeing of our University and the broader community, it’s important that you allow time to complete the following steps every day you attend campus:
• Complete the COVID-Safe Return to Campus MyLO course before you attend
• Go through screening each day when attending campus, check your temperature, swipe your access card and wear the sticky dot provided
• Maintain COVID-safe behaviours: keep 1.5 metres away from others, wash your hands thoroughly and often, use disinfectants wipe to clean your work station
• Critically, please stay at home if you are unwell, get tested if you have any symptoms and email us at [email protected] if you are getting tested
Together, let’s make our campus a safe place to be.
This unit will help you understand the role that accounting plays in providing accountability. We move beyond introductory accounting and explore the important role that accounting has in organisations, society and the environment. After completing this unit, you will have fundamental management and financial accounting knowledge, tools for analysing organisations’ external reports and a comprehension of how of accounting can be used to address social responsibility, ethical conduct and sustainability. This unit allows you to begin the up skilling required by our professional accounting bodies, requiring us to move beyond orthodox/conventional accounting practices and understand our role in accountability.
Intended Learning Outcomes
On completion of this unit, you will be able to:
1 Analyse the role of accountability and accounting for all areas of organisational performance.
2 Apply management accounting tools to make informed decisions about organisational performance.
3 Apply financial accounting principles and techniques to make informed decisions about organisational performance.
4 Produce written artefacts, individually and in team environments, using professional language and standards common to business professionals and peers.
Acknowledgement of County
Today we are teaching and learning on lutruwita (Tasmania) Aboriginal land, sea and
waterways. We acknowledge, with deep respect the traditional custodians of this land,
the muwinina people, which we meet today.
The muwinina people belong to the oldest continuing culture in the world. They cared
and protected Country for thousands of years. They knew this land, they lived on the
land and they died on these lands. We honour them.
For the muwinina people, the area around nipaluna (Hobart) was their Country and
they called Mount Wellington kunanyi.
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We acknowledge that it is a privilege to stand on Country and walk in the footsteps of
those before us. Beneath the mountain, among the gums and waterways that continue
to run through the veins of the Tasmanian Aboriginal community.
We pay our respects to Elders past and present and to the many Aboriginal people
that did not make elder status and to the Tasmanian Aboriginal community that
continue to care for Country.
We recognise a history of truth which acknowledges the impacts of invasion and
colonisation upon Aboriginal people resulting in the forcible removal from their lands.
We recognise that accounting played a part in colonisation and aim to teach and learn
accounting systems that embrace accountability and empowerment, rather than
oppression.
Our Island is deeply unique, with spectacular landscapes with our cities and towns
surrounded by bushland, wilderness, mountain ranges and beaches.
We stand for a future that profoundly respects and acknowledges Aboriginal
perspectives, culture, language and history. And a continued effort to fight for
Aboriginal justice and rights paving the way for a strong future.
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Graduate Quality Statement
Successful completion of this unit supports your development of course learning
outcomes, which describe what a graduate of a course knows, understands and is able
to do. Course learning outcomes are available from the Course Coordinator. Course
learning outcomes are developed with reference to national discipline standards,
Australian Qualifications Framework (AQF), any professional accreditation
requirements and the University of Tasmania’s Graduate Statement.
The University of Tasmania experience unlocks the potential of
individuals. Our graduates are equipped and inspired to shape and
respond to the opportunities and challenges of the future as
accomplished communicators, highly regarded professionals and
culturally competent citizens in local, national, and global society.
University of Tasmania graduates acquire subject and multidisciplinary
knowledge and skills, and develop critical and creative literacies and
numeracies and skills of inquiry. They demonstrate the ability to apply
this knowledge in changing circumstances. Our graduates recognise and
critically evaluate issues of social responsibility, ethical conduct and
sustainability, are entrepreneurial and creative, and are mindful of their
own wellbeing and that of the community. Through respect for diversity
and by working in collaborative ways, our graduates reflect the values of
the University of Tasmania.
Alterations to the unit as a result of student feedback
We have included an additional assessment which will give more opportunity for
facilitators to provide effective feedback to students earlier in the study period.
Prior knowledge &/or skills
Not applicable for this first year unit.
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HOW WILL I BE ASSESSED?
Assessment schedule
Assessment task Date due Percent weighting
Links to Intended Learning Outcomes
Case Study Week 11 25 LO2, LO3, LO4
Examination - invigilated (internally)
Exam Period
50 LO1, LO2, LO3
Essay Refer to Assessment Description
25 LO1, LO4
Assessment details
Assessment Task 1: Case Study
Task
Description Assessment task 2: Applying management and financial accounting In a group of three, you will complete a case study, which will require you to apply management and financial accounting. More details will be provided on MyLO.
Criterion
Number Criterion Description Measures
ILO:
1 Apply cost volume profit analysis to make informed decisions.
LO2
2 Apply budgeting techniques to make informed decisions. LO2
3 Apply various performance evaluation techniques to make informed decisions.
LO2
4 Use simple Excel skills. LO3
5 Record accounting transactions in worksheets. LO3
6 Prepare simple financial statements. LO3
7 Produce a written artefact within a team, using professional language and standards common to business professionals.
Assessment Task 3: Final Examination The examination will enable you to demonstrate your breadth and depth of understanding across all the unit material. All topics are examinable. An information sheet with details about the examination will be given to you in the last lecture of the semester and posted on MyLO at the end of that week. You will require a non-programmable calculator to complete the exam.
Criterion
Number Criterion Description Measures
ILO:
1 X LO1, LO2, LO3
Task Length 3 hours plus 15 minutes reading time
Due by date Exam Period
Assessment Task 3: Essay
Task
Description Assessment task 1: Applying the accountability model for social and environmental information Written artefact (Week 4) You will submit a small written artefact on the accountability model applied to external social and environmental accounting information. A task sheet will be provided on MyLO. This assessment task will allow feedback on your writing skills before you attempt your essay. Essay (Week 7) You will write an essay explaining and analysing how a particular company has applied the accountability model in terms of social and environmental information.
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Details will be provided on MyLO.
Criterion
Number Criterion Description Measures
ILO:
1 Explain accountability and accounting. LO1
2 Explain and apply the accountability model to situations of corporate social responsibility, ethical conduct and/or sustainability.
LO1
3 Explain organisational boundaries in the context of accountability and accounting.
LO1
4 Explain various reporting frameworks for sustainability reporting and use tools for analysing them.
LO1
5 Produce a written artefact as an individual, using professional language and standards common to business professionals.
LO4
6 Use the Harvard referencing system. LO4
Task Length TBA
Due by date Refer to Assessment Description
How your final result is determined
To pass this unit, you need to demonstrate your attainment of each of the Intended
Learning Outcomes.
Your grade will be determined in the following way:
Your overall mark in this unit will be determined by combining your results from each
assessment task. These marks are combined to reflect the percentage weighting of
each task. You need to achieve an overall score of at least 50% to successfully complete
this unit. It is expected that you will seek help (from the unit coordinator in the first
instance), well before the due date, if you are unclear about the requirements for an
assessment task.
- PP (pass) at least 50% of the overall mark but less than 60%
- CR (credit) at least 60% of the overall mark but less than 70%
- DN (distinction) at least 70% of the overall mark but less than 80%
- HD (high distinction) at least 80% of the overall mark
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All grades are provisional, until confirmation by the Assessment Board at the end of
semester.
Submission of assignments
The act of submitting your assignment will be taken as certification that it is your own
work.
The act of submitting your assignment will be taken as certification that it is your own
work.
Assignments must be submitted electronically through the relevant assignment tab in
MyLO. You must ensure that your name, student ID, unit code, tutorial time and
tutor’s name (if applicable) are clearly marked on the first page. If this information is
missing, the assignment will not be accepted and, therefore, will not be marked.
Where relevant, Unit Coordinators may also request you to submit a paper version of
your assignment. You will be advised by the Unit Coordinator of the appropriate
process relevant to your campus.
Please remember that you are responsible for lodging your assessment items on or
before the due date and time. We suggest you keep a copy. Even in a perfect system,
items sometimes go astray.
Requests for extensions
In this Policy:
1. (a) ‘day’ or ‘days’ includes all calendar days, including weekends and public
holidays;
(b) ‘late’ means after the due date and time; and
(c) ‘assessment items’ includes all internal non-examination based forms of
assessment
2. This Policy applies to all students enrolled in TSBE Units at whatever Campus or
geographical location.
3. Students are expected to submit assessment items on or before the due date and
time specified in the relevant Unit Outline. The onus is on the student to prove
the date and time of submission.
4. Students who have a medical condition or special circumstances may apply for an
extension. Requests for extensions should, where possible, be made in writing to
the Unit Coordinator on or before the due date. Students will need to provide
independent supporting documentation to substantiate their claims.
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Penalties
Late submission of assessment items will incur a penalty of 10% of the total marks
possible for that piece of assessment for each day the assessment item is late unless an
extension had been granted on or before the relevant due date.
Assessment items submitted more than five (5) days late will not be accepted.
Academic staff do NOT have the discretion to waive a late penalty, subject to clause 4
above.
Review of Final Result
A Review of Final Result is available to all students once the University has released
the final result for a unit. If you are dissatisfied with your final result, you may apply to
have it reviewed. Applications for a review of assessment are due within 10 working
days of the release of the final result in the unit.
Review of Final Result consists of re-marking the final assessment item, checking the
addition of all marks, and a check to ensure that all marks have been included in the
final result.
If you wish to have a piece of internal assessment reviewed as part of the review
process, please state this clearly on the application form referred to above and include
that assessment item with your application.
Please read and follow the directions provided by the University at:
Plagiarism is a form of cheating. It is taking and using someone else's
thoughts, writings or inventions and representing them as your own; for
example, using an author's words without putting them in quotation
marks and citing the source, using an author's ideas without proper
acknowledgment and citation, copying another student's work.
If you have any doubts about how to refer to the work of others in your
assignments, please consult your lecturer or tutor for relevant referencing
guidelines. You may also find the Academic Honesty site on MyLO of
assistance.
The intentional copying of someone else’s work as one’s own is a serious
offence punishable by penalties that may range from a fine or
deduction/cancellation of marks and, in the most serious of cases, to
exclusion from a unit, a course or the University.
The University and any persons authorised by the University may
submit your assessable works to a plagiarism checking service, to
obtain a report on possible instances of plagiarism. Assessable
works may also be included in a reference database. It is a
condition of this arrangement that the original author’s
permission is required before a work within the database can be
viewed.
For further information on this statement and general referencing guidelines, see the
Plagiarism and Academic Integrity page on the University web site or the Academic
Honesty site on MyLO.
Academic misconduct
Academic misconduct includes cheating, plagiarism, allowing another student to copy work for an assignment or an examination, and any other conduct by which a student:
a. seeks to gain, for themselves or for any other person, any academic advantage or advancement to which they or that other person are not entitled; or
b. improperly disadvantages any other student.
Students engaging in any form of academic misconduct may be dealt with under the Ordinance of Student Discipline, and this can include imposition of penalties that range from a deduction/cancellation of marks to exclusion from a unit or the University. Details of penalties that can be imposed are available in Ordinance 9: Student Discipline – Part 3 Academic Misconduct.