財(cái)務(wù)報(bào)表分析

MASTERSYLLABUSACCT315:FINANCIALSTATEMENTANALYSISCourseDetailsSemester:CourseCode:ACCT315CourseName:FinancialStatementAnalysisCoursePrerequisites:ACCT110;FINC201CourseCo-requisites:NoneCreditsHours:Three(3)credithoursClassroom:ClassTiming:(45contacthours)FinalExamPeriod:InstructorDetailsProfessor:OfficeLocation:OfficeHours:Email:Coursewebsite:Phone(Office):CatalogCourseDescriptionAcriticalreviewofcorporatefinancialreportsandassociatedfootnotesfromtheperspectivesofdifferentpotentialusersincluding:creditors,managementandinvestors.Useoffinancialstatementsintheassessmentofbusinessperformance.Exposuretomethodsfortheadaptationoffinancialstatementsfordecision-making.Topicsinclude:statementsofincome,balancesheet,cashflowfromoperationandfreecashflow;financialratioanalysis,cashbudgets,proformastatements,forecastinggrowthpotentialandfinancialrequirements;qualityofearnings,inventoryvaluationanddepreciationmethods.CourseOverviewThiscoursecoversthein-depthreviewandanalysisoffinancialstatementscoveredinFINC201andACCT101.Theresultinganalysisisthenusedtoinformfinancialdecisions.Course-LevelLearningGoalsAnoteonSchoolofManagementCourse-LevelLearningGoals:Learninggoalsarepartitionedintothosethatareinsupportoftheprogrammaticlearninggoals(Invariant),specifictothelocalizedregionofdelivery(Contextualized),andspecifictothedomainexpertiseoftheinstructor(Instructor-Specific).Theformertwocategoriesarerequiredforallcourses.Invariant“AssuranceofLearningValidations”arespecificallylinkedtotheassociatedprogrammaticlearninggoalandobjective,withcourse-levellearninggoalsrepresentingtheprogrammaticgoalasitappliestothecontextofthecourse.Learninggoalsthatfocusonknowledgeacquisition(Bloom’sTaxonomy)arenotspecificallyornecessarilyincludedintothecourse-levellearninggoals,althoughitisassumedthatknowledgeacquisitionofallrelevantbusinesscorefundamentalsisaddressedwithineachcourse.Examinationsinclassareusedtoprovidefeedbackconcerningknowledgeandcomprehensionforthepurposeofensuringthatstudentswhohavenotmasteredthesewillnotadvancethroughthecurriculum.Attainmentofknowledgewithineachcoreareaisassessedbywayofstandalonetestingofeachstudentasarequiredpartoftheinstructionalprogrampriortograduation(e.g.ETS).InvariantLearningGoals(InsupportoftheMajor-SpecificandBSBAProgrammaticLearningGoal(s)):Uponthesuccessfulcompletionofthiscourse,thestudentwillbeableto:Writereportsbasedontheanalysisandinterpretationoffinancialstatementsusingfinancialratios;Evaluate,fromanalysis,thefinancing,investing,andoperatingactivitiesofabusinessfirm;Constructacashflowanalysisofabusinessentity;Prepareandreportonaprospectiveanalysisofabusinessentity;andCompare,fromanalysis,therelativefinancialperformanceoftwocompetingfirmswithinanyparticularindustry.AssuranceofLearningValidations(LinkedtotheMajor-SpecificandBSBAProgrammaticLearningGoal(s))AnoteonSchoolofManagementAssuranceofLearningScoring:Scoresformthemetricforthedegreetowhichthevalidation(e.g.learningoutcome)satisfiestheassociatedlearninggoalorobjective.Assuranceoflearningvalidationdescriptionsidentifythecriteriaforeachscorethatistobegiven.SAnoteonSchoolofManagementAssuranceofLearningScoring:Scoresformthemetricforthedegreetowhichthevalidation(e.g.learningoutcome)satisfiestheassociatedlearninggoalorobjective.Assuranceoflearningvalidationdescriptionsidentifythecriteriaforeachscorethatistobegiven.Scoresarescaledusingprogramorconcentrationrubrics.Itmustbenotedthatscoresaretobedifferentiatedfromgrades.Scoresformacriterionfromwhichaninstructorwillascertainanoverallgradeforanyinstrumentofassessment,andtheoverallassessmentthestudentreceivesforaninstrumentisa“grade.”Ascoreisanextractionthatspecificallymeasuresthedegreeofattainmentofalearninggoaland/orobjective.CaseStudy:Studentswillformgroups,andeachgroupwillbegivenanadvancedcasestudytoreview.Thestudentswillusefinancialdatacontainedinthecasetodevelopareportonthefinancialanalysisofthefirmwhichmaythenbeusedaspartofabusinessplan(supplementarydataset).Theoverallgradeisbasedonthreespecificscores:(1)clarityofwritinginthereport(G1O1);(2)theuseofbasicaccountingconceptsinfinancialanalysis(MGRACCT-LO4,M4O2);and(3)theabilitytodevelopasetofrecommendations(G1O3).IndividualWrittenReport:Individualwrittenassignmentidentifies,examinesandexplainstheoperating,investingandfinancingactivitiesofaparticularfirmsituatedabroad.Twoscoresaregivenbasedonthedepthofanalysisofthefirmintheselectedbusinessenvironment(M2O1)andtheabilitytoconducttheanalysisinthecontextofthecompany’sbusinessenvironment(G3O2).QuizProblems/Examinations:Studentswillsolveproblemsonweeklyin-classquizzes.Quizzes/examinationsareeachoneproblemandarecollectedandgraded;scoresmustberetainedbaseontheappropriatenessofthemethodologyandresultingrecommendationsand/orsolutions(M1O2).Thespecificproblemareasthatastudentwillbeabletosolve,whichwillbecoveredonthequizzesandwillbecollectedandmaintainedinclude:Ratioanalysisoffinancialstatements(MGRACCT-LO4);AnalysisofOperatingActivitiesofafirm(MGR/PUBLICACCT-LO2);AnalysisofInvestingActivitiesofafirm(MGR/PUBLICACCT-LO1,FINC-LO2);AnalysisofFinancingActivitiesofafirm(MGR/PUBLICACCT-LO1,FINC-LO5);andCashflowandProspectiveAnalysisofafirm(MGR/PUBLICACCT-LO2,FINC-LO5).IndividualWrittenProject:UseeitherReutersorBloombergtocollectfinancialdataforanexistingpubliccompanyandusethatinformationtoassessthefinancialconditionofthatcompany.Thestudentwillbenchmarkcompanyagainstfinancialsofcompetingfirms.Inordertodothebenchmarkexercise,thestudentswillcitetwocasesfromfinancial/businessliterature.Theoverallgradefortheassignmentisbasedonthreespecificscores:(1)theadequacyofdatacollectionandanalysis(MGRACCT-LO4,M2O1);(2)thedemonstrateduseofeitherBloombergorReuter’ssystemstocompileinformation(M2O3);and(3)thequalityofthebenchmarkingexercise(FINC-LO4;M3O1).GradedHomeworkAssignment:HomeworkproblemswillbeassignedstudentsthatrequiretheuseofExcelfinancialfunctions.AtleastonehomeworkwillrequirethegraphingwithinanExcelspreadsheetoftherelationshipbetweenthefinancialsituationsoftwocompetingfirms.Theoverallgradeisbasedontwospecificscores,whichmustberetained:(1)theuseofthefinancialfunctionsandclarityofpresentationinthespreadsheets(M2O4);and(2)theabilitytoproperlygraphdata(whererelevant)(M4O2).Contextualized(Globalized)LearningGoal(s):Uponthesuccessfulcompletionofthiscourse,studentwillbeableto:SeeInvariantLearningGoals2and3above.AssuranceofLearningValidation(InsupportoftheContextualized(Globalized)LearningGoal(s)):B1. SeeAssuranceofLearningValidationA2,score2above.InstructorSpecificLearningGoal(s)(Optional):NoneAssuranceofLearningValidation(InsupportoftheInstructorSpecificLearningGoal(s)): NoneTeachingandLearningMethodologyTheSchoolofManagement’steachingandlearningstrategyisinformedbycontemporaryindicators/sourcesthatderivefromitstargetmarket,specificallythemillennialgeneration.Inparticular,behavioraltraitsforthisgenerationareidentifiedandformthebasisofemphasisfortheschools’teachingandlearningmethodologies.Thesemethodologiesarereflectedintheschool’smissionstatementbywayofitsTEMPOScampaignTeachingandLearningStrategies:”TEMPOSandtheMillennials,”revisedSeptember2008..Inaddition,teachingandlearningstrategiesareinformedbyinstitutionalindirectassessmentresults,periodicallycollectedandreviewedbytheOfficeofPlanningandAssessmentandtheschool’sfacultyE.g.,StudentSurveyonTeachingQuality–QuantitativeData:SchoolofManagement.TeachingandLearningStrategies:”TEMPOSandtheMillennials,”revisedSeptember2008.E.g.,StudentSurveyonTeachingQuality–QuantitativeData:SchoolofManagement.Acomponentofallcourses,asapartoftheteachingandlearningstrategies,istomaintainacademicrigorandtobeintellectuallychallenging.Thisisvalidatedininstitutionalsurveyresults.However,SchoolofManagementfacultymembersutilizeanoverallcollectiveportfolioofstrategies/initiativesthatobtainfromtheaforementionedsourcesindelineatingthosethataremostappropriateoremphasizedinthecoursestheylead.Inthiscourse(ACCT315),four(4)prioritizedteachingandlearningstrategiesfocuson:integratingPrinciplesofethics/socialresponsibility;faculty-studentinteraction;activestudentengagementintothelearningprocess;andfrequentfeedback.Allfacultymembersthatinstructthiscourseshouldconsiderhowtoexecutethecoursetoemphasizethesekeycomponentsofthestrategiesconsidered.Followingareviewoflearningoutcomes,facultymembersconsiderhowre-orientationofteachingandlearningstrategiesmightresultinstrengtheningtheseoutcomes,andadjustmentsaremade,accordingly.FacultymembersalsoconsiderhowtheSchoolofManagementTriplePlatformsofExcellence(ProfessionalEnrichment,ExperientialEducation,andStudentAdvancement)mightbeleveragedasapartofthisstrategy,andproviderecommendationstotheDirectorsofthoseplatforms.Theschoolalsoreviewsthedistributionofidentifiedteachingandlearningstrategiesperiodicallytoensurecomprehensionandtheintegrationofeach(fromthedesignatedlistofapproximately20-25strategies)withinthecurriculum.Finally,resultsfromstudentteachingevaluationsalsoprovideindicationsofhowvariousteachingandlearningstrategiesareintegratedintothecoursedelivery.Thefollowingissues(indicatornumberisprovided)areamongthoseintheevaluationsthatbearonthisreviewandanalysis:7.Theamountofworkinthiscoursewasappropriate.15.Theinstructorwasavailableforcourserelatedconsultationandadvice.17.Theinstructorassignedchallengingcoursework.18.Theinstructorgradedandreturnedstudentworkandexamspromptly.19.Theinstructorprovidedhelpful,constructivefeedbackonassignmentsandcoursework.20.Theinstructorrespectedculturaldifferencesanddiversityamongstudents.21.Theinstructorincorporatedinformationtechnology(puterortheInternet)inthecourse.25.Theinstructorchallengedmetothink.Alongwithteachingandlearningstrategies,thenotionofstudenteffort/timeontaskisalsoconsidered,althoughitisnotnecessarilydrivenbymetrics.Itisnotedthatthenotionofstudenteffort,specificallymetricdriven,isnotauniversallyadoptedapproachSeetheVictorianTAFEAssociationResponse–StrengtheningtheAQF:Proposal,June2009.EastMelbourne,Victoria,Australia,retrievedfrom.au/docs/PositionDiscussion%20Papers/VTA_Response_Strengthening_the_AQF.pdfonFebruary22,2010.SeetheVictorianTAFEAssociationResponse–StrengtheningtheAQF:Proposal,June2009.EastMelbourne,Victoria,Australia,retrievedfrom.au/docs/PositionDiscussion%20Papers/VTA_Response_Strengthening_the_AQF.pdfonFebruary22,2010.SampledataregularlycollectedthroughtheNewYorkInstituteofTechnologyStudentRatingofCourses/TeachingForm.Themethodologyalsoincludeslectures,aworkshop,PowerPointpresentations,casestudyanalysis,problem-solving,MSExcelandWord,aguestspeakerandtheworld-wide-web.RequiredResource(s)Wild,J.,Subramanyam,K.,andHalsey,R.(2008).FinancialStatementAnalysis.9thEdition.McGraw-Hill.ISBN0-070-61592-6.ReferenceResource(s)Fridson,M.andAlverez,F.(2002).FinancialStatementAnalysis.3rdEdition.Wiley&Sons,Inc.ISBN:0-471-40915-1.AssessmentMethodologyandGradingGuidelinesInstrumentPointsTimeonTaskAnestimateoftheperiodoftimeduringwhichastudentisactivelyengagedinalearningactivity,excludingclassroomcontacthours.Test(Onetestadministeredinclass)20points30hoursGroupCaseStudy(seeA1)20points30hoursWrittenReports(seeA2)10points12hoursGradedQuizzes/Examinations(seeA3)10points12hoursIndividualWrittenProject(seeA4)15points18hoursHomework(seeA5)15points21hoursTOTAL90points123hoursGradingGuidelines:N/AAttendancePolicy:Studentsareexpectedtoattendeveryclasssession.Instructorswillinformstudentsoftheexactnumberofabsencesandlate-arrivalspermittedduringthesemester.Studentswhoexceedtheselimitsmaybesubjecttofailure.Ifastudentmissesanyclassortest,theinstructorhastherighttoeithergrantordenyanopportunitytomakeuptheworkthatwasmissed.Insuchcases,theinstructorshallbethesolejudgeofthevalidityofastudent'sexplanationforhavingmissedtheclassortest.DeductionsforLateArrival,EarlyDeparture,andUnexcusedAbsences:PolicyforMake-UpAssignmentsorQuizzes:ClassroomBehavior:Behaviorthatdisrupts,impairs,interfereswith,orobstructstheorderlyconduct,processes,andfunctionswithinanacademicclassroomorlaboratoryviolatesthestudentcodeofconductandmayresultindisciplinaryaction.ThisincludesinterferingwiththeacademicmissionofNYITorindividualclassroomorinterferingwithafacultymember’sorinstructor’sroletocarryoutthenormalacademicoreducationalfunctionsofhisclassroomorlaboratory,includingteachingandresearch.StudentswithPhysicalorEducationalChallenges:ItisthepolicyofNewYorkInstituteofTechnologytoprovidereasonableaccommodationsforstudentswhoareotherwisequalifiedbuthavedisabilities,includinglearningdisabilities,healthimpairments,andotherdisablingconditions.Possibleaccommodationsinclude,butarenotlimitedto,testschedulemodifications,classrelocation,andpossibleassistanceinacquisitionofnecessaryequipment.Thecollegehasaninterestinhelpingstudentswithdisabilitiestobecompetitiveinthisacademicenvironment.Therefore,reasonableaccommodationswillbemadeuponproofbothofdisabilityandneedfortheaccommodations.Itmustbeunderstoodthataccommodationsaremeanttofacilitateeducationalopportunities.AdmissiontoNYITandaccommodationsdonotguaranteesuccess.Therefore,inadditiontoaccommodations,thecollegeencouragesutilizationofauxiliaryservicesavailabletoallstudentstomaximizeopportunitiesforsuccess.Studentswhosedisabilitiesmayrequiresometypeofaccommodationmustcompletearequestforaccommodationsformandanintakeinterviewwiththeircampusservicescoordinatorpriortotheacademicsemester.Accommodationsmayberequestedatanytimeduringthesemester;however,accommodationscannotbeappliedtopastfailures,onlytofutureacademicendeavors.Appropriatemodificationsofaccommodationswillbeworkedoutonacase-by-casebasisandwillnotnecessarilyincorporateallrequestedchanges.Studentsforwhomauxiliaryservices—suchasreaders,interpreters,notetakers,etc.—havebeenapprovedshouldarrangethesewiththeircampusservicescoordinator.Inadditiontodiscussingappropriateeducationalmodifications,thecampusservicescoordinatorwillserveasaliaisonwithothercollegefacultyandadministrationonbehalfofstudentswithdisabilities.AcademicIntegrity:EachstudentenrolledinacourseatNYITagreesthat,bytakingsuchcourse,heorsheconsentstothesubmissionofallrequiredpapersfortextualsimilarityreviewtoanycommercialserviceengagedbyNYITtodetectplagiarism.Eachstudentalsoagreesthatallpaperssubmittedtoanysuchservicemaybeincludedassourcedocumentsintheservice’sdatabase,solelyforthepurposeofdetectingplagiarismofsuchpapers.Plagiarismistheappropriationofallorpartofsomeoneelse’sworks(suchasbutnotlimitedtowriting,coding,programs,images,etc.)andofferingitasone’sown.Cheatingisusingfalsepretenses,tricks,devices,artificesordeceptiontoobtaincreditonanexaminationorinacollegecourse.Ifafacultymemberdeterminesthatastudenthascommittedacademicdishonestybyplagiarism,cheatingorinanyothermanner,thefacultyhastheacademicrightto1)failthestudentforthepaper,assignment,projectand/orexam,and/or2)failthestudentforthecourseand/or3)bringthestudentupondisciplinarycharges,pursuanttoArticleVI,AcademicConductProceedings,oftheStudentCodeofConduct.ThecompleteAcademicIntegrityPolicymaybefoundonvariousNYITWebpages,including:/images/uploads/academics/AcademicIntegrityPolicy.pdf.15WeekTopicalClassScheduleWeekTopicandtextbookchapterBookChapter1OverviewofFinancialStatementAnalysis1.2OverviewofFinancialStatementAnalysis13FinancialReportingandAnalysis224FinancialReportingandAnalysis5AnalyzingFinancingActivities36AnalyzingFinancingActivities37ClassQuiz,ReviewofassignmentandCaseStudy8AnalyzingInvestingActivities49AnalyzingInvestingActivities410AnalyzingOperatingActivities611AnalyzingOperatingActivities612CashFlowAnalysis713CashFlowAnalysis714ProspectiveAnalysis915WorkshopandReviewFinalExaminationUsingtheNYITLibraryAllstudentscanaccesstheNYITvirtuallibraryfrombothonandoffcampusat/library.ThesameloginyouusetoaccessNYITe-mailandNYITConnectwillalsogiveyouaccesstothelibrary’sresourcesfromoffcampus.Ontheleftsideofthelibrary’shomepage,youwillfindthe“LibraryCatalog”andthe“FindJournals”sections.Inthemiddleofthehomepageyouwillfind“ResearchGuides;”select“VideoTutorials”tofindinformationonusingthelibrary’sresourcesanddoingresearch.Shouldyouhaveanyquestions,pleaselookunder“LibraryServices”tosubmitaweb-based“Ask-A-Librarian”form.FinancialaccountingandreportingCourseCode816442Credit4Level100TypeCoreUnitProgramBachelorofCommerce(Accounting)IntroductionThisunitcoversanunderstandingoftheformatandfunctionoffinancialstatements,includinganalysisandinterpretationoffinancialstatements.Italsoincludestheproductionoffinancialstatementsforconsolidatedcompanygroups,andforeigncurrencytranslation.LearningOutcomesUponcompletionofthisunit,studentswillbeableto:1.haveaknowledgeoftheAustralianexternalreportingenvironment,theconceptualframeworkofaccountinganditsrelevancetofinancialaccountingandapplyandjustifythevariousaccountingstandardsapplicableinAustralia,includingunderstandingoffinancialaccountinginglobalcontextandanawarenessofsocialresponsibility;2.understandhowtoaccountfortangibleassetssuchasinventory,property,plant,andequipmentaswellasintangibleassetssuchasgoodwillandresearchanddevelopmentexpenses;theimpairmentandrevaluationoftheseassets;andbeawareoftheeffectsofdifferentmethodsusedinvariousreportingentities;3.understandtheaccountingforleases,thedifferencesbetweenoperatingleasesandfinancialleases,andhowlessorsandlesseesshouldaccountforfinancialleasesandoperatingleases;4.understandtheaccountingforcompanyincometaxes,thedifferencesbetweenaccountingrulesandtaxrulesandtheireffects;5.understandhowtoprovideandapplytheuseofcashflowstatement,andnotestothestatementsofcashflowsinpractice;6.understandtheaccountingforheritageassets,biologicalassetsandextractiveindustriesaswellasliabilitiesandowners'equitywhichincludesliabilitiessuchasprovisions,contingentliabilitiesanddebentures,theincomestatement,theeventsoccurringafterbalancesheetdates,andearningspershare.Topics1.Financialreportingandtheregulatoryframework1.1ExplainthemeaningofgenerallyacceptedaccountingprinciplesandidentifythekeyelementsoftheIASBConceptualFrameworkforFinancialReportinganditsrelationshiptoaccountingstandards1.2Explaintheobjectivesoffinancialreportingandgeneralpurposefinancialreports1.3Analysethequalitativecharacteristicsofaccountinginformationsuchasrelevance(includingmateriality)faithfulrepresentation,comparability,verifiability,timelinessandunderstandabilityunderstandability1.4Analyseandapplythecriteriaforidentifyingareportingentity2.Statementofcomprehensiveincome2.1ExplainandapplytheprovisionsofIAS1PresentationofFinancialStatementsforthedeterminationofprofit(loss)ofanentity2.2ApplytheprovisionsofIAS1fordisclosurestobemadeinanincomestatement;statementofchangesinequity;statementoffinancialposition2.3Analyseandapplytheguidelinesfortheselectionofaccountingpoliciesandthedisclosuresrequiredaboutchangesinaccountingpolicies(IAS8Accountingpolicies,changesinaccountingestimatesanderrors)2.4ApplytherequirementsofIAS12Incometaxesandprepareassociatedjournalentries3.Statementoffinancialposition3.1ApplytheprovisionsofIAS1fordisclosurestobemadeinanincomestatement;statementofchangesinequity;statementoffinancialposition3.2Analyseandapplytheguidelinesfortheselectionofaccountingpoliciesandthedisclosuresrequiredaboutchangesinaccountingpolicies(IAS8Accountingpolicies,changesinaccountingestimatesanderrors)3.3ApplytherequirementsofIAS12Incometaxesandprepareassociatedjournalentries4.Statementsofcashflow4.1Examinetheusefulnessofthestatementsofcashflow4.2Explainandapplythedefinitionofcashandcashequivalents4.3Describethedifferencesbetweenoperating,investingandfinancingactivities4.4Prepareastatementofcashflowusingdirectandindirectmethod4.5Reconcilecashflowstatementstootherfinancialstatements5.Ratioanalysisandinterpretationoffinancialstatements5.1Prepareacomparativeanalysisoffinancialreports5.2Identifyandapplythetoolsoffinancialstatementanalysis5.3Identifyandcalculateratios,describetheirpurposeanduseinanalysinganentity'sliquidity,profitabilityandsolvency5.4Explainratiointerrelationships5.5Analyseandinterpretasetofaccountsusingratios5.6Explainthelimitationsoffinancialstatementanalysis6.Consolidatedfinancialstatements6.1Discusstheformsofbusinesscombinations6.2Explainhowgoodwillismeasuredanddisclosedatdateofacquisition6.3Explainhowgoodwillismeasuredsubsequenttothedateofacquisitionincludingtherequirementsregardingimpairment6.4Explaintheconceptofcontrolandhowtheexistenceofcontrolisdetermined6.5Explainandprepareconsolidationworksheetentrieswhereaparenthasownershipinterestinasubsidiary6.6Explainwhytransactionswithinagroupmustbeeliminated6.7Explainwhenprofitfromtransactionswithinagroupwillbeconsideredtoberealised6.8Prepareconsolidationworksheetentriestoeliminatetransactionswithinagroup6.9Defineandexplaintheconceptof"non-controllinginterest"7.Equityaccounting7.1Define'significantinfluence'andbrieflyanalysethefactorsthatmaybeusedtodeterminewhethersignificantinfluenceexists7.2Explaintheunderlyingmethodologyoftheequitymethodandoutlineitsbasicfeatures7.3Calculatetheinvestor'sshareinaninvesteeandexplainwhythisconceptisimportant7.4Preparejournalentriestoaccountfortheinitialapplicationoftheequitymethod7.5Prepareequityaccountingentriestorecordinvesteeresultsanddividends7.6Outlinethedisclosurerequirementsforinvestmentsinassociates(IAS28)8.Foreigncurrencytranslation8.1Explainandaccountforforeigncurrencytransactionsattransactiondateandsubsequentdates8.2ApplytherequirementsofIAS21torecordforeigncurrencydenominatedtransactionsandexchangeratedifferencesthatariseonforeigncurrencymonetaryitems8.3ExplainandapplytheIAS21methodfortranslatingfinancialstatementsfromafunctionalcurrencytoapresentationcurrency8.4OutlinethedisclosurerequirementsofIAS21AssessmentItemsWeightAttendance10%Participation·Itisassessedonthedegreeofparticipation,attentionandpreparationconsistentlydisplayed20%Assignment·AssessmentNotes·Wordlengthnotapplicableduetothenumerical/accountancynatureoftheassignment.·RelatestoLearningOutcomes(LO)andGraduateAttributes(GA)20%FinalExamination·AssessmentNotes·Seriesofquantitativeandqualitativequestions.·RelatestoLearningOutcomes(LO)andGraduateAttributes(GA)50%TextbookFinancialReportingHandbook2010ISBN:9781742167145TheInstituteofCharteredAccountantsinAustraliaWiley2010FinancialReportingHandbook2011ISBN:9781742465555TheInstituteofCharteredAccountantsinAustraliaWiley2011 ManagementAccountingCourseCode816443Credit4Level100TypeCoreUnitProgramBachelorofCommerce(Accounting)IntroductionThisexamcoversanunderstandingofdevelopmentsinmanagementaccountingandthetoolsmanagementaccountantsusetocostproductsandservices,andtodevelopandmanagebudgets.Italsocoversperformancemanagementandcontrol;planningandassessmentofprojectalternatives;andanunderstandingofthenature,functions,structuresandoperationsofmanagement.LearningOutcomesUponcompletionofthisunit,studentswillbeableto:1.demonstrateverbal,interpersonal,andwrittencommunicationskills;2.demonstrateskillsinmanagementofinformation,research,criticalreasoning,andproblemsolving;3.demonstrateanawarenessofbothethicalandenvironmentalaspectsofthemanagementaccountingfunction;4.demonstrateskillstobeaneffectivememberofagroup.Topics1.Conceptualissuesandbehaviouralimplications1.1Explainthehistoricaldevelopmentofmanagementaccounting1.2Analysethekeydifferencesbetweenfinancial,costandmanagementaccounting1.3Describehowmanagementaccountingcreatesvalue1.4Analysethecurrentinfluencesonmanagementa