SUBJECT OUTLINE
22207 Accounting for Business Decisions B
Course area
UTS: Business
Delivery
Spring 2021; City
Credit points 6cp
Requisite(s)
22107 Accounting for Business Decisions A OR 22107c Accounting for Business Decisions
A
These requisites may not apply to students in certain courses.
There are also course requisites for this subject. See access conditions.
Result type
Grade and marks
Subject coordinator
Name: Atieh (Tia) Fallahi, CPA
Zoom Meeting ID: 754 428 4080
Office Location: CB08.07.055 (Dr Chau Chak Wing Building)
Email: Tia.Fallahi@uts.edu.au
Consultation Times: Tuesdays and Wednesdays during session.
Consultations are by appointment so please email to schedule a suitable time.
Please note that all communication should be from your UTS email address.
Staff will not reply to emails from non-UTS email accounts (e.g. Hotmail or Gmail).
Please post all content-related questions to the Discusssion Forums on Canvas.
Teaching staff
Refer to the "Your Teaching Staff " page on Canvas for your tutor's contact details.
Subject description
This subject develops students' understanding and application of accounting information in more complex business scenarios;
partnerships and companies. It also develops the use of accounting information internally by management, expanding the factors
needed to be considered including the skills to facilitate and enhance decision making, accountability and control. Ethical
implications of decisions are considered throughout the subject.
Subject learning objectives (SLOs)
Upon successful completion of this subject students should be able to:
1. integrate the perspective of accounting information into the internal and external decision-making of an economic entity
2. demonstrate analytical skills in problem-solving and quantitative skills in fundamental accounting processes and issues
3. apply skills in processing accounting information and preparing financial statements in a manual- and computer-based
environment, taking into account generally accepted accounting principles
4. evaluate the ethical issues facing the accounting profession and the framework in which accounting operates.
5. evaluate the issue of business sustainability, and how it relates to the accounting profession
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 1 of 14
Contribution to the development of graduate attributes
This subject focuses on the application of accounting including fundamental accounting processes and issues, as well as critical,
analytical and quantitative skills. On completion of the subject students are equipped with the knowledge and skills to deal with
accounting information systems in the business environment. It also provides students with professional skills including the
appropriate consideration of ethical issues, communication, and information technology in the context of organisations in Australia
and internationally.
This subject contributes to the development of the following graduate attributes:
Business knowledge and concepts
Attitudes and values
Business practice oriented skills
This subject also contributes specifically to introducing learning related to the following program learning objectives:
Critically analyse relevant concepts to understand practice in business and related professions in a global workplace (1.1)
Critically analyse sustainability principles for various stakeholders in relation to business contexts (4.2)
Apply technical and professional skills necessary to operate effectively in business and related professions (5.1)
Teaching and learning strategies
Accounting for Business Decisions B is taught using a mix of face-to-face teaching, online resources and self-directed study.
Lectures: Lectures provide the structure of a topic area, discussion of theory and some practical examples. Lecture recordings
(audio and screen capture) are available on the UTS Learning Management System. Mobile quiz technology may be used in
lectures to check students understanding of new material.
Screencasts: Some lectures will be supplemented with short screencasts videos available on the learning management system.
Students will be required to watch the screencast video after the lecture, and prior to the tutorial in the following week.
Tutorials: Students are expected to have attended the lecture, watched any relevant screencast videos, and attempted all
homework questions before attending the tutorial. Completing tutorial homework questions before class forms part of the
assessment of the subject. Tutorials provide an opportunity to discuss ideas, ask questions about previously completed
questions, and receive feedback on completed homework questions. Additional questions will be presented in tutorials for
students to attempt as both individual and group work activities. Tutorial extension questions are more difficult than the
homework and preparation questions, and allow students to extend on the preparation they put in before class time. Mobile quiz
technology may be used by tutors to ensure students have an active learning experience, and to check students understanding of
new material.
Discussion Board: Extensive use is made of the Discussion Board to answer student enquiries.
Self-directed study: Students will be required to undertake self-directed study in completing a practical computer based
assignment using MYOB software. Textbooks and online LinkedIn Learning videos are available to help students.
Consultations: Lecturing staff are available for consultation appointments. Students can use the consultation appointment for
further help in covering difficult material, and to receive feedback on their understanding. Email the subject coordinator or lecturer
to book a consultation
Content (topics)
1.
2.
3.
4.
5.
6.
7.
Accounting in an Australian context
Cash and accounting
Accounting for different business structures
Accounting regulations
Management accounting systems
Standard costing and accumulating accounting information
Accounting information as inputs to management decisions
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 2 of 14
Program
Week/Session
Dates
Description
1
3 - 4 August
LECTURE 1: Non-Current Assets (ACCT Financial Chapter 8)
Notes:
Lectures are Pre-Recorded and can be found on our Canvas subject site. Live Q&A
workshop sessions will be held throughout the session to address student
questions and go through practice exercises.
There are NO tutorial classes in Week 1.
Accounting A revision material is available on Canvas under "Preparation Week".
2
10 - 11 August
LECTURE 2: Partnerships (ACCT Financial Chapter 10)
TUTORIALS BEGIN THIS WEEK (and cover the material from Lecture 1)
Please be aware: Homework will be randomly checked throughout the session so
make sure you complete and upload your submission on time.
HOMEWORK - Due by 8:30am on the day of your tutorial:
Read: ACCT Financial: Chapter 8 (Non-Current Assets)
Textbook Questions: ACCT Financial Chapter 8: Exercise 1, 5 and Problem 17
(only a, b and c)
Discussion Question: Evaluate the advantages and disadvantages of
depreciation as an accounting concept - on balance, do you think the
measurement of depreciation aids accounting practice?
IMPORTANT: Discussion Questions are part of the homework due for tutorials.
Additional Practice Resources for Self Study:
Extension Question - Non-Current Assets (available on Canvas)
ACCT Financial Chapter 8: Exercise 2, 4, 9, 10 and 11
3
17 - 18 August
LECTURE 3: Shareholders Equity Accounting (ACCT Financial Chapter 11)
TUTORIAL (based on material covered in Lecture 2):
Please be aware: Homework will be randomly checked throughout the session so
make sure you complete and upload your submission on time.
HOMEWORK - Due by 8:30am on the day of your tutorial:
Read: ACCT Financial: Chapter 10 (Partnerships)
Textbook Questions: ACCT Financial Chapter 10: Exercise 4, 5 (only a and b),
7 and 9.
Discussion Question: Partnerships are always a superior organisation structure
to companies as partnerships don't pay tax. Do you agree? Please answer with
at least three reasons.
Reminder: Discussion Questions are part of the homework due for tutorials.
Additional Practice Resources for Self Study:
Extension Question - Partnerships (available on Canvas)
ACCT Financial Chapter 10: Exercise 3, 8, and 10.
QUIZ 1 - Opens 9am Thursday 19 August and closes 12pm (noon) Thursday
26 August.
The Quiz contains 12 multiple choice questions covering Modules 1 and 2, and will
be available in the "Quizzes" section on Canvas.
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 3 of 14
4
24 - 25 August
LECTURE 4: Cash Flows (ACCT Financial Chapter 12)
TUTORIAL:
Please be aware: Homework will be randomly checked throughout the session so
make sure you complete and upload your submission on time.
HOMEWORK - Due by 8:30am on the day of your tutorial:
Read: ACCT Financial Chapter 11 (Shareholders Equity)
Textbook Questions: ACCT Financial Chapter 11: Exercise 4, 5, 9 and Problem
17 (only a)
Discussion Question: "Shareholders will always prefer a cash dividend to a
share dividend while the company prefers the reverse". Why might this be the
case? (Think about the journal entry for both.)
Reminder: Discussion Questions are part of the homework due for tutorials.
Additional Practice Resources for Self Study:
Extension Question - Shareholders Equity (available on Canvas)
ACCT Financial Chapter 11: Exercise 3, 7, 11, 12, and Problem 18.
5
31 Aug - 1 Sept
LECTURE 5: Financial Statement Analysis (ACCT Financial Chapter 13)
TUTORIAL:
HOMEWORK - Due by 8:30am on the day of your tutorial:
Read: ACCT Financial Chapter 12 (Cash Flows)
Textbook Questions: ACCT Financial Chapter 12: Exercise 6, and Problem 19
and 20.
Discussion Question: "Profitable companies always have sufficient cash, so the
more profitable a company is, the less important it is to manage cash flows
carefully". Do you agree? Why?
Reminder: Discussion Questions are part of the homework due for tutorials.
Additional Practice Resources for Self Study:
Extension Question - Cash Flows (available on Canvas)
ACCT Financial Chapter 12: Exercise 2, 7, and Problem 21
QUIZ 2 - Opens 9am Thursday 2 September and closes 12pm (noon) Thursday
9 September.
The Quiz contains 12 multiple choice questions covering Modules 3 and 4, and will
be available in the "Quizzes" section on Canvas.
6
7 - 8 September
LECTURE 6: Introduction to MYOB
This lecture material is made up of pre-recorded instructional videos which will be
available on Canvas by Week 4.
TUTORIAL:
HOMEWORK - Due by 8:30am on the day of your tutorial:
Read: ACCT Financial Chapter 13 (Financial Statement Analysis)
Textbook Questions: ACCT Financial Chapter 13: Exercise 11, 13, 14 and 17
(you must also interpret the ratios in ALL these exercises)
Discussion Question: "Financial ratios are just numbers, they do not tell you
what's really going on in an organisation."
How would you respond to this statement? Please discuss.
Reminder: Discussion Questions are part of the homework due for tutorials.
Additional Practice Resources for Self Study:
Extension Question - Financial Statement Analysis (available on Canvas)
ACCT Financial Chapter 13: Exercises 12, 16, 18, and Problem 20
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 4 of 14
ACCT Financial Chapter 13: Exercises 12, 16, 18, and Problem 20
7
14 - 15 September
LECTURE 7: Law and Ethics in Accounting (ACCT Management Chapter 16)
TUTORIAL:
No Homework submission is required for this class.
Instead, we encourage you to revise the Financial Accounting topics studied to date
before attending tutorial classes where we will go through Revision Questions
covering Lectures 1 - 5
Break and StuVac
20 - 24 September
University Study Week (StuVac) - No lectures or tutorials during this period.
Complete MYOB Assignment - Due 12pm (noon) Thursday 30th of September.
Submit via Microsoft Forms link sent via email and available on Canvas.
8
28 - 29 September
LECTURE 8: Budgets for Planning and Decision Making (ACCT Management
Chapter 3)
TUTORIAL:
HOMEWORK - Due by 8:30am on the day of your tutorial:
Read: ACCT Management Chapter 16 (Ethics and Management Accounting)
and Brown (2013) The Role of Law in Business (Available on Canvas)
Textbook Questions: ACCT Management Chapter 16: Problem 11 and Case 14.
Discussion Question 1: Discuss the distinction between ethical and legal
conduct and why they matter equally in the accounting profession.
Discussion Question 2: Explain why it is important for an auditor to be
independent of their clients.
Reminder: Discussion Questions are part of the homework due for tutorials.
Additional Practice Resources for Self Study:
Extension Question - Ethics (available on Canvas)
ACCT Management Chapter 16: Exercise 1, 3 and 4
QUIZ 3 - Opens 9am Thursday 30 September and closes 12pm (noon)
Thursday 7 October.
The Quiz contains 12 multiple choice questions covering Modules 5 and 7, and will
be available in the "Quizzes" section on Canvas.
Notes:
MYOB Assignment Due 12pm Thursday 30th of September.
Submit via Microsoft Forms link sent via email and available on Canvas.
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 5 of 14
9
5 - 6 October
LECTURE 9: Flexible Budgets and Variance Analysis in Organisations (ACCT
Management Chapter 13)
TUTORIAL:
HOMEWORK - Due by 8:30am on the day of your tutorial:
Read: ACCT Management Chapter 3 (Budgets for Planning and Decision
Making) + ACCT Management Chapter 13 - pages195-198 (Flexible Budgets
and Variance Analysis in Organisations)
Textbook Questions: ACCT Management Chapter 3: Exercise 6, Problem 17
and 19.
Discussion Question: Despite the numerous advantages of budgeting, there
are negative aspects to budgeting. Discuss the potential problems associated
with the use of budgets.
Reminder: Discussion Questions are part of the homework due for tutorials.
Additional Practice Resources for Self Study:
Extension Question - Budgets (available on Canvas)
ACCT Management Chapter 3: Exercises 3, 4, 9, 10, 13
10
12 - 13 October
LECTURE 10: Performance Management Systems (ACCT Management Chapter
14)
TUTORIAL:
HOMEWORK - Due by 8:30am on the day of your tutorial:
Read: ACCT Management Chapter 13 (Flexible Budgets and Variance Analysis)
Textbook Questions: ACCT Management Chapter 13: Exercise 2, 3, 7 and 8.
Discussion Question: "Variance Analysis doesn't help us solve problems, it just
tells us what they are." Do you agree with this statement? Explain.
Reminder: Discussion Questions are part of the homework due for tutorials.
Additional Practice Resources for Self Study:
Extension Question - Variance Analysis (available on Canvas)
ACCT Management Chapter 13: Exercise 4, and Problem 14 (only d. to g.).
QUIZ 4 - Opens 9am Thursday 14 October and closes 12pm (noon) Thursday
21 October.
The Quiz contains 12 multiple choice questions covering Modules 8 and 9, and will
be available in the "Quizzes" section on Canvas.
11
19 - 20 October
LECTURE 11: Accounting for Sustainability (ACCT Management Chapter 15)
TUTORIAL:
HOMEWORK - Due by 8:30am on the day of your tutorial:
Read: ACCT Management Chapter 14 (Modern Performance Management
Systems)
Textbook Questions: ACCT Management Chapter 14: Exercises 9, 10 and 11.
Discussion Question: Discuss the Balanced Scorecard and the advantages it
may provide in performance management above and beyond using only the
traditional financial statements.
Reminder: Discussion Questions are part of the homework due for tutorials.
Additional Practice Resources for Self Study:
Extension Question - Performance Management Systems (available on Canvas)
ACCT Management Chapter 14: Exercise 3, 5 and 6.
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 6 of 14
12
26 - 27 October
LECTURE 12: Revision and Discussion
TUTORIAL:
HOMEWORK - Due by 8:30am on the day of your tutorial:
Read: ACCT Management Chapter 15 (Accounting for Sustainability)
Textbook Questions: ACCT Management Chapter 15, Exercise 4, 6, 9, and
Case 13.
Discussion Question: Accountants and accounting cannot help address the
environmental issues facing government and private sector leaders - to what
extent do you agree or disagree with this statement, and why?
Please explain your answer.
Reminder: Discussion Questions are part of the homework due for tutorials.
Additional Practice Resources for Self Study:
Extension Question - Sustainability (available on Canvas)
ACCT Management Chapter 15: Exercise 1, 3 and Problem 8.
QUIZ 5 - Opens 9am Thursday 28 October and closes 12pm (noon) Thursday
4 November.
The Quiz contains 12 multiple choice questions covering Modules 10 and 11, and
will be available in the "Quizzes" tab on Canvas.
Notes:
Final StuVac (Study Vacation): 1 November - 5 November 2021
Final Assessment Period: 6 November - 27 November 2021
NOTE: To comply with advice from NSW Health, the planned delivery of this subject for Spring 2021 has been adjusted. All
activities in this subject planned for campus in the first 4 weeks of the Spring 2021 Session will now be online. This is a
temporary change. After restrictions are eased activities will return to the timetabled format. Please log into Canvas and monitor
your UTS email for the latest advice concerning subject delivery and assessment information.
As noted above, after restrictions are eased - class activities will return to the timetables format with some classes being held
face-to-face while others are conducted online via Zoom.
Your Lecturer will contact you with details on accessing the online lecture while your Tutor will contact you to provide tutorial
access links.
Look out for announcements via the subject Canvas site and emails sent to your UTS email account.
Additional information
Studying Accounting for Business Decisions B
Success in this subject requires continual practice. It is not a subject that lends itself to rote learning. Students should NOT expect
to pass simply by cramming at the end of the semester. However, any student who completes the work with understanding of
concepts each week will find that they should have little trouble in passing the subject and will do well. Generally, the lectures deal
with matters of principle whereas the tutorials are concerned with practical applications of these principles. Student success in this
subject depends upon active participation in tutorials and substantial work in one's own time. As a general guide, each hour of
face-to-face lessons should be supported by at least two hours of study. This will vary from session to session and according to
individual needs. Proficiency in this subject and examination success comes from problem solving and analysis. Simply taking
notes and reading the texts, though necessary, is not sufficient. It is for this reason that assignment questions are set. Tutorials
consist of home assignment questions that are based on the previous week's lecture. Mastering the questions set as discussion
questions, exercises and problems is an excellent form of exam preparation. These questions should be prepared before tutorials
for presentation and discussion. Caution: With the introduction of flexible learning through Canvas, some students may find it more
efficient to obtain the information and their education electronically. Students who do so are encouraged to conscientiously work
through the material week by week. Do not leave your study until just before the final examination.
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 7 of 14
Contribution to Integrating Themes
This subject provides students with an opportunity in their tutorial group discussions and homework presentations to develop their
professional communication skills. They are also provided with an opportunity to develop their information technology skills, as they
are required to complete a vocationally relevant computer based accounting assignment for assessment. Through group tutorial
discussions, solving problems and working together to receive feedback on their performance, students have an opportunity to
develop their interpersonal relationships. The subject also contributes to their international cultural understanding, as local and
overseas students are encouraged to work together in small groups. It also provides an awareness of the international accounting
regulatory bodies and their attempts to harmonise accounting standards, together with a review of foreign business organisations.
To do well in this subject, students need to develop analytical and evaluative skills. In other words, you should not approach the
material in this course as one of memorising rules or particular solutions only. For instance, decision-making questions require
students to firstly identify the relevant information. In other words, you have to understand why some information is included and
other excluded rather than merely memorising particular solutions. Instead you should develop your analytical skills with respect to
the identification and use of decision relevant accounting information. The focus of the learning process will be the lectures and
tutorials where students will be exposed to both the theoretical material and practical illustrations as well as the fundamental
conceptual and technical material through a combination of practical exercises, problems and case studies as well as ethical issues
and discussion.
Student Membership of Professional Accounting Bodies
You are encouraged to join, as a student member, the below professional accounting associations. Membership is generally free
and it is a great way to gain access to resources and meet future employers.
CPA Australia is one of the world’s largest accounting bodies with a global membership of over 160,000 finance, accounting and
business professionals in 118 countries. The work of professional accountants is fundamental to the stability, efficiency and
sustainability of individual companies, financial markets and economies. The CPA Australia Network gives you access to
exclusive events, mentoring and graduate employment opportunities to help you develop your career. Connecting you to
business leaders and CPAs, join the CPA Australia Network and get the career edge you’ve been wanting. Subscribe at:
cpaaustralia.com.au/network
CAANZ: Chartered Accountants Australia and New Zealand represents 117,000 current and aspiring business leaders working in
diverse roles in commerce and industry, academia, government, and public practice across the world. Members have completed
CA’s internationally recognised qualification providing them with exceptional commercial acumen, professional scepticism, critical
thinking methodology and a framework for making ethical decisions. Free student membership gives access to resources
including employer evenings. https://www.charteredaccountantsanz.com/become-a-member/memberships/student.
IPA: The Institute of Public Accountants is one of three professional accounting bodies recognised in Australian legislation. The
IPA has contributed significantly to the profession and corporate life since the inception in 1923. Uniquely IPA is 100% Australian
and focus on supporting and servicing accountants and practitioners running their own practice (SME/SMP). Free student
membership provides access to: IPA's Weekly Job Boards; Invitations to Events, Discussion Groups and Networking Forums with
Top Accounting and Finance Leaders and more. For free student membership & Student Pulse
https://www.publicaccountants.org.au/students.
ACCA: Association of Chartered Certified Accountants is the global body for professional accountants, offering business-relevant,
first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in
accountancy, finance and management. ACCA supports its 200,000 members and 486,000 students in 180 countries, helping
them to develop successful careers in accounting and business. ACCA works through a network of 101 offices and centres with
more than 7,300 Approved Employers worldwide. For more information please go to
http://www.accaglobal.com/an/en/student/sa.html
CIMA: By studying CIMA, you will develop the critical knowledge and skills that employers are looking for and be ready to work in
any business – large or small, public or private, all around the world. We have more than 229,000 members and students in 176
countries, and with the formation of a new accounting association, once you become a Chartered Global Management
Accountant, you'll become part of a world-wide community of over 600,000 current and next generation finance professionals.
https://www.cimaglobal.com/Starting-CIMA/Starting-CIMA/Entry-Routes/undergraduates-and-graduates/
Assessment
This subject comprises of 3 main Assessment Tasks.
Assessment Task 1 - Homework and Class Participation (10%) and Practical Case Study (MYOB) (15%)
Assessment Task 2 - Online Quizzes (20%)
Assessment Task 3 - Final Examination (55%)
See below for details of each task.
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 8 of 14
Assessment task 1: Case Study - with ongoing Homework (Individual)
Objective(s): This addresses subject learning objective(s):
1, 2, 3, 4 and 5
Weight:
25%
Task:
PART 1: TUTORIAL HOMEWORK AND CLASS PARTICIPATION (10% of total subject weighting)
This component is assessed based on weekly tutorial attendance, associated student class participation and
engagement, and homework submissions.
Students are expected to attend and participate in all tutorials and be prepared to have their homework checked
in any week.
The assessable homework is listed in the 'Program' section of the Subject Outline and includes both the textbook
questions and discussion question/s for each class.
Homework must be submitted via Microsoft Forms before8:30am on the day of your tutorial (regardless of
your tutorial start time). Your tutor will contact you with the Microsoft Form link. These links will also be available
on Canvas.
Responses to the discussion questions must be typed and equivalent to at least one-third of an A4 page
(minimum 130 words, not including the question itself).
Responses to the textbook questions must be handwritten (or completed using Excel), scanned and
uploaded as part of the homework submission each week.
Your tutor will evaluate the following criteria throughout the teaching session to determine your mark for this
assessment component:
Class attendance: Students are expected to attend all classes.
Consistency of contribution: Students are expected to regularly initiate and contribute to class discussions.
Quality of contribution: Contributions are expected to be relevant, insightful and clearly demonstrate an
understanding of what students have completed when attempting the homework. This means while we
understand homework attempts will not always be correct, a student must be able to explain what they have done.
Homework submission: Students are expected to complete ALL homework questions and submit their
responses via Microsoft Forms before 8:30am on the day of their tutorial (regardless of tutorial time). The tutor
will randomly check homework throughout the session. Homework must be complete with ALL required
questions (textbook and discussion questions) being comprehensively answered. There must also be
appropriate working out to support each answer for homework marks to be awarded.
Important Note: Any homework that is found to be copied from any source will be referred to the UTS
academic integrity unit for investigation - please note that we do not expect you to come to class with perfect
answers, a thorough attempt (even if the answers are wrong) is completely fine, as long as it is your own work.
Remember, we are marking your homework based on the effort applied, not the correctness of the answer. As
long as you make a reasonable attempt at all the homework, support your answers with appropriate working
out and meet any word limits applied, you will receive marks for this element.
The marking rubric which tutors will use to determine your mark for this assessment component can be found on
the subject Canvas site.
If you are unable to attend your tutorial or submit the homework before the due date and time, please contact your
tutor and provide an acceptable reason BEFORE 8:30am on the day of the tutorial. You must also provide
formal relevant supporting documentation such as a doctor’s certificate to avoid your absence/non-submission
affecting your assessment mark. Your assessment mark will also be affected if there is no acceptable reason
provided for your absence/non-submission.
PART 2: INDIVIDUAL MYOB CASE STUDY ASSIGNMENT (15% of total subject weighting)
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 9 of 14
PART 2: INDIVIDUAL MYOB CASE STUDY ASSIGNMENT (15% of total subject weighting)
Due Date: 12pm Thursday 30th of September 2021
Each student will be required to individually complete a case study using the MYOB Accounting Software. MYOB
is a leader in accounting software for small businesses in Australia. Resources will be provided within Module 6 to
assist in the introduction and use of the MYOB software.
The assignment is to complete a Case Study using MYOB Accounting software.
Student guides, instructions, resources as well as the case study to be used, will be provided within the
"Assignment Task 1 (Part 2): MYOB Assignment" page on our Canvas subject site.
THIS IS AN INDIVIDUAL ASSIGNMENT AND STUDENTS SHOULD REFER TO PLAGIARISM GUIDELINES
explained in this Subject Outline.
All questions regarding the assignment are to be posted to the MYOB Discussion Forum on our Canvas subject
site.
If you encounter technical issues in completing the assignment, you must contact the Subject Coordinator at least
1 week prior to the assignment due date, otherwise special consideration will not be provided.
Late Submission Policy:
In practice, completing work on time is important, however we recognise that circumstances outside of your
control may affect your ability to submit assessment tasks on time. Where such circumstances are affecting your
ability to complete your assessment - please get in touch with your Subject Coordinator as soon as possible and
apply for Special Consideration via your student portal.
If you submit this assignment after the due date without approval from the Subject Coordinator or an approved
Special Consideration application, you will be penalised 10% of the total assignment mark for each calendar day
in which the assignment is late. A calendar day is defined as a 24 hour period, or part thereof, following the set
due date of the assignment. This rule applies until the 5th calendar day, after which the assignment is awarded a
zero mark (to a minimum mark of zero).
Assessment task 2: Online Quizzes (Individual)
Objective(s): This addresses subject learning objective(s):
1, 2, 3, 4 and 5
Weight:
20%
Task:
Students will be expected to complete FIVE online quizzes during the semester within the Canvas subject site.
Each quiz will cover TWO topics of course content and will contain 12 multiple choice questions which must be
completed within 36 minutes. You have ONE attempt at completing each quiz.
The highest FOUR (4) Quiz scores (out of 5) will count towards your final assessment mark. Therefore,
each of your top four quizzes are worth 5% of your total assessment mark (reaching a total of 20%).
Due dates are as follows:
Quiz 1 (Covers Modules 1 & 2) - Opens 9am Thursday 19 August and closes 12pm (noon) Thursday 26 August.
Quiz 2 (Covers Modules 3 & 4) - Opens 9am Thursday 2 September and closes 12pm (noon) Thursday 9
September.
Quiz 3 (Covers Modules 5 & 7) - Opens 9am Thursday 30 September and closes 12pm (noon) Thursday 7
October.
Quiz 4 (Covers Modules 8 & 9) - Opens 9am Thursday 14 October and closes 12pm (noon) Thursday 21 October.
Quiz 5 (Covers Modules 10 & 11) - Opens 9am Thursday 28 October and closes 12pm (noon) Thursday 4
November.
Online quizzes will enable students to demonstrate they have met objectives 1, 2, 3, 4 and 5.
Contact your subject coordinator if you have any technical issues.
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 10 of 14
Assessment task 3: Final Examination (Individual)
Objective(s): This addresses subject learning objective(s):
1, 2, 3, 4 and 5
Weight:
55%
Task:
The Final Exam is 2 hours and will cover ALL topics.
The Final Exam is CLOSED BOOK and a formula sheet will be supplied in the exam.
More details about the Final Exam will be provided in the final lecture of the session.
The exam medium (in-person or online) is to be advised by NSW Health and will be advised once known.
The exam is held during the Centrally Conducted ExamPeriod (6 November - 27 November 2021).
This will test students' understanding of the subject material covered in the course and enable students to
demonstrate they have met objectives 1, 2, 3, 4 and 5.
Students will be assessed based on the following criteria:
• Understanding content covered and their ability to apply that knowledge.
• Accuracy of response or analysis
• Identification of relevant issues in the context of subject themes
• Clarity of communication
• Demonstration of knowledge of theory
Missed the exam due to misadventure or illness? Apply for special consideration here:
https://www.uts.edu.au/current-students/managing-your-course/classes-and-assessment/special-circumstances/special
Further
This assessment task is a compulsory component of the subject.
information:
Use of plagiarism detection software
Please be aware your MYOB Assignment may be scanned and compared electronically to current Session and prior Session
MYOB Assignments.
Minimum requirements
Students must achieve at least 50% of the sub-ject’s total marks to pass the subject.
Required texts
Tyler, J., Godwin, N. and Alderman, C., ACCT3 Financial: 3rd Asia Pacific Edition, Cengage, 2018; and
Sivabalan, P., Wakefield, J., Sawyers, R., Jackson, S. and Jenkins, G., ACCT3 Management: 3rd Asia Pacific Edition, Cengage,
2018.
To purchase the textbook pack (including both books) you have the following options:
Buy hard copies of the textbooks via the following URL – use discount code TENOFF to get 10% off and free shipping:
https://au.cengage.com/shop/ProductDisplay?langId=-1&storeId=10656&catalogId=10058&productId=1397517
Buy the ebooks via the following URL – use discount code TENOFF to get 10% off:
https://www.cengagebrain.com.au/shop/ProductDisplay?langId=-1&storeId=10656&catalogId=10058&productId=1478001
Recommended texts
MYOB AccountRight Plus 19.12 - A Practical Guide to Computerised Accounting by Greg Pazmandy.
January 2018 Edition. ISBN: 978-1-76073-026-0
Buy a hard copy of the text via: https://lnonline.com.au/products/2018-myob-v19-12-accountright-plus-1
Alternatively, hire the digital version of the text for 6 months via:
https://lnonline.com.au/products/2018-myob-v19-12-accountright-plus-1?variant=31984837820459
Barron, M.L. Fundamentals of Business Law UTS CUSTOM, McGraw Hill. ISBN 9781743761250
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 11 of 14
References
CPA Australia or The Institute of Chartered Accountants in Australia (2017), Accounting Handbook 2017, Sydney: Pearson or John
Wiley
CPA Australia or the Institute of Chartered Accountants in Australia (2017), Auditing and Assurance Handbook 2017, Sydney:
Prentice Hall or John Wiley
Birt, J., Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver Accounting: Business Reporting For Decision Making 6th
Edition, 2017, Wiley
Birt, J., Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver Accounting: A Business Planning and Control Approach
2017, Wiley E-Text
Carlon, S., Rosina McAlpine-Mladenovic, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong, Financial Accounting: Reporting,
Analysis and Decision Making 5th Edition 2016, Wiley
Hoggett, J., Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield Accounting, 9th Edition
2015, Wiley
Horngren's Accounting (8e) Nobles. T., Brenda Mattison, Ella Mae Matsumura, Peter Best, David Fraser, Sydney, Rebecca Tan,
Roger Willett, 2015, Pearson Education.
Trotman, K., Elizabeth Carson, Michael Gibbins, Financial Accounting: An Integrated Approach, 2016, Edition 6, 2015, Cengage
Learning Australia
Journals and business publications
Accounting and Finance
The Accounting Review
Australian Accounting Review
CA Magazine
Business Review Weekly
Australian Financial Review
Sydney Morning Herald
This is a small sample of the relevant journals in the area of accounting and finance. The course will also refer to the AASB series.
AASB refers to the series of standards approved by the Accounting Standards Review Board, a body established by the Companies
Act and Codes to approve accounting standards for companies. Students are strongly encouraged to read the daily financial press,
the business section of the Sydney Morning Herald (SMH) is ideal. Students are encouraged to take a keen interest in current
business developments.
Other resources
Canvas is one of the OFFICIAL mediums of communication between the students and the academics involved in Accounting for
Business Decisions B (22207). An electronic copy of this Subject Guide, Lecture Notes and Announcements are all available on
Canvas. Please ask all course related questions on the Canvas Discussion Forums.
Academic liaison officer
Dr Robert Czernkowski, Accounting Discipline Group, telephone 9514 3736
Dr Mario Fiorini, Economics Discipline Group, telephone 9514 3339
Dr Otto Konstandatos, Finance Discipline Group, telephone 9514 7758
Dr Kyuseop Kwak, Marketing Discipline Group, telephone 9514 3150
Associate Professor Nico Schulenkorf, Management Discipline Group, telephone 9514 5368
Any arrangements should be negotiated within the first six weeks of session.
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 12 of 14
Support
Student Services Unit/Counselling: Student Services provides a range of free and confidential professional services to support
different aspects of your life and learning at UTS. These services include counselling for personal and learning problems or issues.
If you are experiencing difficulties with your overall study program, for whatever reason, telephone +61 2 9514 1177 (City campus).
The Accessibility and Financial Assistance Service: The Accessibility Service can support students with disabilities, medical or
mental health conditions, including temporary injuries (e.g., broken limbs). The Accessibility Service works with Academic Liaison
Officers in each Faculty to provide ‘reasonable adjustments’ such as exam provisions, assistive technology, requests and strategies
for managing your studies alongside your health condition. If you are unsure whether you need assistance, we recommend getting
in touch early and we can provide advice on how our service can assist you. Make an appointment with an Accessibility Consultant
(AC) on +61 2 9514 1177 or Accessibility@uts.edu.au.
The Financial Assistance Service can assist you with financial aspects of life at university, including Centrelink information, tax
returns and budgeting, interest-free student loans and grants to assist with course-related costs. Check eligibility and apply online
and make an appointment on +61 2 9514 1177 or Financial.Assistance@uts.edu.au.
Improve your academic and English language skills: Marks for all assessment tasks such as assignments and examinations are
given not only for what you write but also for how you write. If you would like the opportunity to improve your academic and English
language skills, make an appointment with the HELPS (Higher Education Language and Presentation Support) service in Student
Services.
HELPS(Higher Education Language and Presentation Support): HELPS provides assistance with English language proficiency
and academic language. Students who need to develop their written and/or spoken English should make use of the free services
offered by HELPS, including academic language workshops, vacation intensive courses, drop-in consultations, individual
appointments and Conversations@UTS. HELPS is located in Student Services, Building 1, Level 5, Room 25 (CB01.05.25).
Study skills/learning support: If you are experiencing difficulty with your studies or need to develop the necessary study skills you
require for your course, there is a host of useful information and websites to help you on the UTS Business School, Study and
Assessment Resource website. Links on how to write better, study more effectively, available support services/staff to help, how to
complete assignments; as well as tips for successful study and online study skills resources can all be accessed. In addition,
HELPS provides self-help resources.
Special consideration: Special consideration consists of the exercise of academic discretion to provide equitable treatment to
students whose performance in an assessment item is affected by illness, misadventure or work-related circumstances. You should
only apply for special consideration when your performance in an assessment item, including examinations, has been affected by
extenuating or special circumstances beyond your control. These circumstances include:
Serious illness or psychological condition: such as hospital admission, serious injury or illness, severe anxiety or depression
Loss or bereavement: such as death of a close family member, family relationship breakdown
Hardship or trauma: such as being a victim of a crime, sudden loss of income or employment, severe disruption to domestic
arrangements
Exceptional employment demands: such as active service (e.g. ADF Reserves, bushfire and SES services).
Special consideration is not automatically guaranteed and may not result in a mark adjustment
Careers Service: The UTS Careers Service aims to actively support the career development needs of all UTS students.
Statement about assessment procedures and advice
Assessment of coursework subjects
All staff and students involved in the assessment of coursework subjects at UTS are subject to the Policy for the Assessment of
Coursework Subjects. The policy is applicable to the assessment of all coursework subjects. This policy does not apply to thesis
subjects that are taken by students enrolled in research degrees, but does apply to any coursework subjects undertaken by
research degree students. It does not describe policy that relates to academic progression through a course of study.
The policy should be read in conjunction with the Procedures for the Assessment of Coursework Subjects.
Statement on copyright
Australian copyright law allows you as a student or researcher to copy and use limited amounts of other people's material in your
study or research without their permission and free of charge.
This applies to any sort of published or unpublished work and includes written material, tables and compilations, designs, drawings
(including maps and plans), paintings, photographs, sculpture, craftwork, films (such as feature films, television programs,
commercials and computer video games), software (such as computer programs and databases), sound recordings, performances
and broadcasts (including podcasts and vodcasts of these) and text, including books, journals, websites, emails and other
electronic messages.
It is important to remember that you can only use a limited amount for your study or research purposes and that you need to
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 13 of 14
It is important to remember that you can only use a limited amount for your study or research purposes and that you need to
correctly acknowledge the author and reference their material when you use it in your work.
Incorrect or improper use of copyright protected material could result in breaking Australian copyright law, for which significant
penalties apply. Incorrect or improper use of copyright protected material at UTS would result in consideration under the UTS
Student Misconduct rules.
UTS Rules and the UTS Student Charter require that students familiarise themselves and comply with UTS student policies and
procedures. Students should also see the copyright statement advising what you can copy and how much you can use.
Copyright notice concerning teaching materials
Please remember that teaching materials and course resources provided to you at UTS are protected by copyright. You are not
permitted to re-use the UTS teaching materials for commercial purposes without the permission of the copyright owner. Improper or
illegal use of teaching materials may lead to prosecution for copyright infringement. For further information see UTS copyright for
students and researchers.
Statement on plagiarism
At UTS, plagiarism is defined in rule 16.2.1(4) as: 'taking and using someone else's ideas or manner of expressing them and
passing them off as his or her own by failing to give appropriate acknowledgement of the source to seek to gain an advantage by
unfair means'.
The definition infers that if a source is appropriately referenced, the student's work will meet the required academic standard.
Plagiarism is a literary or an intellectual theft and is unacceptable both academically and professionally. It can take a number of
forms including but not limited to:
copying any section, no matter how brief, from a book, journal, article or other written source without duly acknowledging the
source
copying any map, diagram or table of figures without duly acknowledging the source
paraphrasing or otherwise using the ideas of another author without duly acknowledging the source.
Students are encouraged to participate in the Avoiding Plagiarism Quiz.
Other breaches of academic integrity that constitute cheating include but are not limited to:
copying from another student, recycling another student's work, recycling previously submitted work, and working with another
student in the same cohort in a manner that exceeds the boundaries of legitimate cooperation
purchasing an assignment from a website and submitting it as original work
a student requesting or paying someone else to write original work for them, such as an assignment, essay or computer
program, and submitting it as their own work.
Students who condone plagiarism and other breaches of academic integrity by allowing their work to be copied are also subjected to
severe disciplinary action.
Where proven, plagiarism and other breaches of academic integrity are penalised in accordance with UTS Student Rules Section
16 – Student misconduct and appeals.
Avoiding plagiarism is one of the main reasons why the UTS Business School is insistent on the thorough and appropriate
referencing of all written work. Students may seek assistance regarding appropriate referencing through UTS HELPS.
Academic integrity
Academic integrity involves a good measure of trust between students, and between students and academic staff and thesis
examiners. Cheating, whether in the form of plagiarism, bringing unauthorised material into exams, submitting false requests for
alternative exams or special consideration, or any other form, is a breach of this trust. Cheating also subverts the aims and value of
students' studies.
Refer to Good Academic Practice for further information. These principles apply to:
all written reports, assignments, projects, journals and related papers
any examinations, and
any other assessable items required to complete a subject or course.
Statement on UTS email account
Email from the University to a student will only be sent to the student's UTS email address. Email sent from a student to the
University must be sent from the student's UTS email address. University staff will not respond to email from any other email
accounts for currently enrolled students.
21/07/2021 (Spring 2021)
© University of Technology Sydney
Page 14 of 14