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ACC3114 Management Accounting II

Semester 1, 2021 Online
Short Description: Management Accounting II
Units : 1
Faculty or Section : Faculty of Business, Education, Law and Arts
School or Department : School of Business
Student contribution band : Band 4
ASCED code : 080101 - Accounting
Grading basis : Graded


Examiner: John Sands


Pre-requisite: ACC2113

Other requisites

Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at


According to CPA Australia, strategic management accounting (comprising of the topics incldued under ACC3114) is a key component of the overall skills base of today's professional accountant. Professional accountants' engagement in the organisation's management team and their contribution to strategy development and its implementation with the aim of creating customer and shareholder value, and a strong competitive position for the organisation are the reasons why this skill is of significant importance.

Consequently, graduates need to possess an understanding of the strategic application of management accounting tools and techniques of value chain analysis including environmental management accounting that will contribute to the sustainability of the organisation. CPA Australia and The Chartered Accountants of Australia and New Zealand require its professional members to study these management accounting tools and techniques in their respective professional year programs. The proposed course will provide students with an opportunity to achieve learning outcomes about the key tools and techniques of strategic management accounting to achieve organisational sustainability that will be a foundation for their professional program studies or their career in business.


This course builds on student's knowledge of management accounting from ACC2113 Management Accounting 1. To do this it commences with a review of performance measurement. Service organisations, pricing decisions, customer profitability analysis and some value chain operational sustainable management techniques are examined in some detail. Finally, the course encourages students to evaluate critically the role of information provision and the purpose of an organisation through the lens of the historical and current business environments for the development of contemporary advanced management accounting practices.


On successful completion of this course, students should be able to:

  1. critically analysis and identify the strengths and weaknesses of the historical approach to costing, the evaluation of performance, and the design and allocation of performance rewards;
  2. synthesise theoretical and technical advanced and more contemporary management accounting knowledge to develop more specific techniques or reports to enable the analysis of organisational data;
  3. critically analyse organisational data by applying theoretical and technical accounting knowledge as well as skills to solve routine more contemporary management accounting problems.


Description Weighting(%)
1. The changing role of the management accountant for today’s business environment 9.00
2. Performance measurement and evaluation 24.00
3. Management accounting for service organisations 8.00
4. Value Chain Operational sustainable management techniques 34.00
5. Information for decision making and problem solving 16.00
6. Management accounting theory, contemporary techniques, and reflections 9.00

Text and materials required to be purchased or accessed

ALL textbooks and materials available to be purchased can be sourced from USQ's Online Bookshop (unless otherwise stated). (

Please contact us for alternative purchase options from USQ Bookshop. (

Langfield-Smith, K, Thorne, H, Smith, D & Hilton, R 2017, Management accounting: information for creating and managing value, 8th edn, McGraw Hill, Sydney, New South Wales.

Reference materials

Reference materials are materials that, if accessed by students, may improve their knowledge and understanding of the material in the course and enrich their learning experience.
Bebbington, J, Unerman, J & O'Dwyer, B 2014, Sustainability accounting and accountability, 2nd edn, Routledge, Abingdon, UK.
Horngren, CT, Datar, SM, Rajan, MV, M, Magurie, W & Tan, R 2017, Cost accounting: a managerial emphasis, 3rd edn, Pearson Education, Harlow, Essex.

Student workload expectations

Activity Hours
Directed Study 36.00
Independent Study 129.00

Assessment details

Description Marks out of Wtg (%) Due Date Notes
ASSIGNMENT 1 100 15 29 Mar 2021 (see note 1)
ASSIGNMENT 2 100 35 10 May 2021 (see note 2)
OPEN EXAM - TAKE HOME 100 50 End S1 (see note 3)

  1. ASSIGNMENT 1 - Problem solving through the analysis of Case Studies
  2. ASSIGNMENT 2 - Problem solving through the analysis of Case Studies
  3. This will be a take home exam. Students will be provided further instruction regarding the exam by their examiner via StudyDesk. The examination date will be available via UConnect when the Alternate Assessment Schedule has been released.

Important assessment information

  1. Attendance requirements:
    There are no attendance requirements for this course. However, it is the students' responsibility to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration.

  2. Requirements for students to complete each assessment item satisfactorily:
    Due to COVID-19 the requirements for S1 2021 are: To satisfactorily complete an individual assessment item a student must achieve at least 50% of the marks for that item.

    Requirements after S1, 2021:
    To satisfactorily complete an individual assessment item a student must achieve at least 50% of the marks. (Depending upon the requirements in Statement 4 below, students may not have to satisfactorily complete each assessment item to receive a passing grade in this course.)

  3. Penalties for late submission of required work:
    Students should refer to the Assessment Procedure (point 4.2.4)

  4. Requirements for student to be awarded a passing grade in the course:
    Due to COVID-19 the requirements for S1 2021 are: To be assured of receiving a passing grade a student must achieve at least 50% of the total weighted marks available for the course.

    Requirements after S1, 2021:
    To be assured of receiving a passing grade a student must obtain at least 50% of the total weighted marks available for the course (i.e. the Primary Hurdle), and have satisfied the Secondary Hurdle (Supervised), i.e. the end of semester examination by achieving at least 40% of the weighted marks available for that assessment item.

    Supplementary assessment may be offered where a student has undertaken all of the required summative assessment items and has passed the Primary Hurdle but failed to satisfy the Secondary Hurdle (Supervised), or has satisfied the Secondary Hurdle (Supervised) but failed to achieve a passing Final Grade by 5% or less of the total weighted Marks.

    To be awarded a passing grade for a supplementary assessment item (if applicable), a student must achieve at least 50% of the available marks for the supplementary assessment item as per the Assessment Procedure (point 4.4.2).

  5. Method used to combine assessment results to attain final grade:
    The final grades for students will be assigned on the basis of the aggregate of the weighted marks obtained for each of the summative assessment items in the course.

  6. Examination information:
    Due to COVID-19 the requirements for S1 2021 are: An Open Examination is one in which candidates may have access to any printed or written material and a calculator during the examination.

    Requirements after S1, 2021:
    This is a restricted examination. Candidates are allowed access only to specific materials during the examination. The only materials that candidates may use in the restricted examination for this course are:
    1. writing materials. These must be non-electronic and free from material which could give the student an unfair advantage in the examination.
    2. a calculator which cannot hold textual information. The student must indicate on the examination paper the make and model of any calculator(s) used during the examination.
    3. an unmarked non-electronic translation dictionary (but not technical dictionary). A student whose first language is not English may take a translation dictionary into the examination room. A translation dictionary with any handwritten notes will not be permitted. Translation dictionaries will be subject to perusal and may be removed from the candidate's possession until appropriate disciplinary action is completed if found to contain material that could give the candidate an unfair advantage.

  7. Examination period when Deferred/Supplementary examinations will be held:
    Normally Deferred and Supplementary Examinations are held in the next Examination period. In S1 2021 selected courses will pilot an early Deferred and Supplementary Examination period held within 30 business days of results release. The list of courses involved can be found at

  8. University Student Policies:
    Students should read the USQ policies: Definitions, Assessment and Student Academic Misconduct to avoid actions which might contravene University policies and practices. These policies can be found at

Assessment notes

  1. Referencing in assignments:
    Harvard (AGPS) is the referencing system required in this course. Students should use Harvard (AGPS) style in their assignments to format details of the information sources they have cited in their work. The Harvard (AGPS) style to be used is defined by the USQ Library's referencing guide at

Date printed 18 June 2021