AF102

Introduction to Accounting and

Financial Management: Part II

COURSE OUTLINE
1. SEMESTER/YEAR: Semester 2, 2023

2. MODE OF DELIVERY/LOCATION: Face to face in Laucala and blended in other campuses

3. PRE-REQUISITES: AF101

4. COURSE COORDINATOR: Mr. Sheik Tanzil

5.TEACHING TEAM
Course Coordinator Teaching Assistant
Name: Sheik Tanzil Name: Aman Deo
Office: S253- SAFE Office: Green House
Email: [email protected] Email: [email protected]
Consultation Hours: Thursday 9-11am Consultation Hours: Wednesday 11-
1pm

6. LECTURE TIMES & VENUE

Wednesday 12-1pm 092-001

Thursday 1-2pm 092-001

TUTORIAL:
Zoom Tutorial: Monday 10-12 pm (Only for blended mode students)
Laucala students will sign up for face to face tutorials in first week.

7. EMERGENCY CONTACTS
Name Ms. Gloria Yam
Phone 323-1615
Email [email protected]

8.COURSE DESCRIPTION
This course cannot be credited to any programme in conjunction with AF100. This course
provides an introduction to the processing of accounting data for reporting to
management. Budgets, cost concepts, classifications and accumulation, and accounting
information systems will be introduced in the context of the management planning and

AF102 Course Outline – Semester 1, 2023 Page 1

control functions in the private sector and government, government agencies, and non-
profit making organisations.

9. COURSE LEARNING OUTCOMES

On successful completion of this course, students should be able to:
1. Describe the role and key concepts of management accounting.
2. Analyse costs using standard classifications and techniques.
3. Calculate costs of product and services using appropriate techniques to inform
pricing.
4. Apply incremental analysis, cost-volume-profit analyses, and standard costing to
inform managerial decision-making.
5. Construct budgets for a small entity within the context of operating plans.
6. Discuss the contribution of management accounting to Sustainable Development in
the Pacific Island economies.

10. PROGRAMME LEARNING OUTCOMES

On successful completion of the program graduates will be able to:

P1 Process accounting information efficiently, using appropriate tools,

techniques and technology.

P2 Formulate accounting and auditing reports to comply with internal and

external frameworks, appropriately exercising professional judgment.

P3 Communicate financial and non-financial information to internal and

external stakeholders, employing appropriate tools and technology.

P4 Frame operating, investing, and financing decisions, using relevant

information, appropriate techniques and pertinent legislation.

P5 Review internal controls to optimize performance, minimize losses and

identify appropriate audit measures.

P6 Debate contemporary issues related to academic and professional

accounting/auditing/finance using relevant theories and coherent
arguments.

P7 Evaluate environmental, social and governance (ESG) issues in global and

Pacific Island economies applying best practices.

11. USP GRADUATE OUTCOMES

The USP graduate outcomes are as follows:

1. Communication: Graduates will be able to communicate ideas clearly and persuasively

in structured formats using language and other modes of communication that are
appropriate for context, audience and specific disciplinary conventions.

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 2. Creativity: Graduates will extend boundaries of current knowledge in a particular
discipline or profession.
3. Critical thinking and quantitative reasoning: Graduates will be able to evaluate
multiple perspectives and arrive at a reasonable independent judgement based on
evidence.
4. Ethics: Graduates will demonstrate a commitment to high ethical standards in
scholarly, professional and socio-cultural practices.
5. Pacific consciousness: Graduates will recognize the cultural heritage and diversity of
Pacific societies for sustainable development in a contemporary environment.
6. Professionalism: Graduates will demonstrate the ability to carry out tasks to
acceptable standards within their profession and occupations.
7. Teamwork: Graduates will work together in a respectful and collaborative manner to
complete tasks within teams to achieve an outcome.

AF102 Course Outline – Semester 1, 2023 Page 3

12. COURSE CONTENT

Week Focus for Each Week Chapter

1 Managerial accounting, financial management Chapter 1
17-21 July environment and role of accounting information in
management decision making
2 Managerial cost concepts and practices Chapter 2
24-28 July
3 Job order costing Chapter 7
31 July-4 August
4 Process costing Chapter 8
7-11 August
5 Activity-based costing Chapter 12
14-18 August
6 Cost volume profit analysis Chapter 4
21-25 August
7 Incremental analysis Chapter 13
28 August-1
September
4-8 September Mid-semester Break
8 Pricing (External sales) Chapter 16
11-15 September Mid-semester test
9 Budgetary planning Chapter 5
18-22 September
10 Budgetary control and responsibility accounting Chapter 6
25-29 September
11 Standard costing; the need for standards and setting Chapter 10
2-6 October standards
12 Standard costing; variances from standards – analysing Chapter 11
9-13 October and reporting
13 Sustainable Management Accounting Chapter 21
16-20 October
14 Sustainable Management Accounting
23-27 October
15 Study Week
30 October – 3
November
16/17 Final Examinations
6-17 November

13. PRESCRIBED TEXT AND OTHER RESOURCES

Prescribed Text:

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Eldenburg, L.G., Brooks, A., Oliver, J., Vesty, G., Dormer, R., Murthy, V., and Pawsey, N.
(2020). Management Accounting, Fourth Edition, John Wiley & Sons, Inc.

Other Resources
Weygandt, J. J., Kieso, D. E., and Kimmel, P. D., (2015). Managerial Accounting: Tools for
Business Decision Making, Seventh Edition, John Wiley & Sons, Inc.

AF102 Course Outline – Semester 1, 2023 Page 5

14. ALIGNMENT OF LEARNING OUTCOMES, ACTIVITIES AND ASSESSMENT

The following table demonstrates the alignment of the course learning outcomes to appropriate activities and assessments and the links to
programme and USP graduate outcomes.

Associated Teaching and Learning Activities Programm USP

Course Learning Outcome Assessment e Graduate
Outcomes Outcome
s

LO1 Describe the role and key PPT slides, Tutorial questions Mid Semester 1, 6 B 1, 6, 7 B
Test
concepts of management accounting. Lecture
Reflective
Moodle interactive lessons, Illustration questions Summary

LO2 Analyse costs using standard PPT slides, Tutorial questions 1, 2, 3 B 1 (WC), 2,
3, 6, 7 B
classifications and techniques. Lecture Mid Semester
Test
Moodle interactive lessons, Illustration questions
Reflective
Summary

LO3 Calculate costs of product and PPT slides, Tutorial questions Mid Semester 2, 3, 6B
Test
services using appropriate techniques Lecture 1 (WC), 3,
to inform pricing. Assignment 6, 7 B
Moodle interactive lessons, Illustration questions
Perusall
Reading

LO4 Apply incremental analysis, cost- PPT, Tutorial questions Mid Semester 4, 5, B 1 (WC), 2,
Test 3B
volume-profit analyses, and standard Lecture
costing to inform managerial decision- Final Exam
Moodle interactive lessons, Illustration questions
making. Assignment

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 LO5 Construct budgets for a small PPT slides, Tutorial questions Assignment 2, 3 B 1 (WC), 3
B
entity within the context of operating Lecture Final Exam
plans.
Moodle interactive lessons, Illustration questions Perusall
Reading
Reflective
Summary

LO6 Discuss the contribution of PPT slides, Tutorial questions Perusall 6, 7 B 1, 2, 4, 5,

Reading 7B
management accounting to Sustainable Lecture
Development in the Pacific Island Final Exam
economies. Moodle interactive lessons, Illustration questions
Assignment

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15. ASSESSMENT

15.1 ASSESSMENT PORTFOLIO

TYPE OF ASSESSMENT WEIGHT Comments/Rationale LEARNING

OUTCOME

CONTINUOUS ASSESSMENT - 50%

Assignment 15 This is a group assignment and 1, 2, 3, 6

will be based on topics before
the mid-semester break.
Perusall Reading 5 There will be 2 Perusall reading 2, 5
assignments based on a topic
from the course. These readings
will also be tested in your
exams.
Reflective Summary 5 There will be a reflective 1-6
summary where individual
students must write 1000 words
on the first 4 topics and submit
on moodle.
Mid Semester Test 25 There will be one Mid- Semester 1,2,3,4
Exam after the Mid-Semester
Break on first 6 topics.

FINAL EXAMINATION -50%

Multiple choice The final exam will be based on 1-6

Problem solving topics 8-14.

15.2 PASSING THE UNIT

In order to be awarded a pass in this unit, students must:
Achieve an overall mark of at least 50% in the course. This must include a minimum
of 40% in the final examination. You must also satisfactorily complete all
components of the assessment. You DO NOT need to obtain a minimum mark in the
coursework element, including the test(s).

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15.3 GRADE DISTRIBUTION

A+ A B+ B C+ C D E
85-100 78-84 71-77 64-70 57-63 50-56 40-49 0-39

16. ASSESSMENT POLICIES AND REGULATIONS

For detailed regulations, please refer to the USP Handbook and Calendar.

Plagiarism, copying materials from other sources without proper referencing and
acknowledge of the source is a serious offence and will be dealt with severely. In the
Regulations Governing Academic Misconduct section of the USP Handbook & Calendar
plagiarism is defined as “the copying of another person’s creative work and using it as one’s
own – without explicitly giving credit to the original creator. Work copied without
acknowledgement from a book, from another student’s work, from the internet or from any
other source”. If lecturer is satisfied that plagiarism has occurred, they will report the matter
to the Head of School. They can reduce marks appropriately. If the matter is seen as serious
enough it can be taken to the Student Disciplinary Committee by the Head of School.

Academic Integrity and the Use of Artificial Intelligence (AI) in Assessments: Submission of
work that is NOT entirely your own, including content generated or altered by AI
technologies, violates academic integrity principles. Therefore, any evidence of AI technology
usage in an assessment will result in a fail mark.

17. IMPORTANT DATES

Activity Week (Tentative) Weighting (%)

Assignment (group) 5-10 15
Reflective Summary 1-7 5
Perusall Reading 4-7 5
Mid Semester Test 8 25

18. ADDITIONAL COURSE ATTENDANCE

18.1 TUTORIALS

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A 2 hour Tutorial will be conducted weekly

Tutorials will be conducted face to face for Laucala students and Zoom tutorials will be
conducted for Blended Mode students. Face to Face students will have to sign up for tutorial
sessions on Moodle and attend their session accordingly. It is expected that you must
actively participate in the tutorials so you must prepare before you attend the tutorial
sessions.

18.2 ONLINE WORK

The activities and major announcements in the course will be communicated via Moodle.

19. STUDENT SUPPORT

19.1 ONLINE HELP & e-Learning INFORMATION

All e-learning information will be posted on Moodle each week and any queries from
students will be responded to within 24 hours.

19.2 STUDENT LEARNING SUPPORT (SLS) SERVICES

The University provides other forms of support through the mentoring program at Student
Learning Support http://www.usp.ac.fj/index.php?id=8434.

Student Learning Support (SLS) provides the necessary academic and study skills to assist
students with their course requirements.

There is a range of services that students can participate in or use free of charge. These
services are tailor made to help students tackle and manage the requirements of tertiary
education. These services include:

• Peer Mentoring Programme – high achieving senior students facilitate group

activities through which students are guided on study tips, problem solving, and
assessment preparation.
• Drop-In Support - Students can drop in to meet with an SLS Specialist during the
operating hours at 091 – 013 (FBE SLS Hub) to seek assistance in assignment planning,
essay structure, referencing, understanding, and selecting relevant study skills, time
management, speaking and reading skills and other related aspects. The initial meeting
should occur at least 3 weeks prior to the assignment due date.
• Academic Skills workshops – Either through the course or generally, workshops on
academic skills (Essay writing, Referencing, Reading and others) will be conducted.
Students are encouraged to attend.

The SLS Hub is located in Building 091(CELT Building), Room 013, Laucala (Upper) Campus.
The operating hours are Mondays - Thursdays: 9am - 5pm, Fridays: 9am – 4pm.

For further details and assistance, students may email:

Pauline Ryland: [email protected]
Roshila Singh: [email protected]

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 Joycelyn Devi: [email protected]

You can also raise your views regarding the course through the Accounting and Finance
Student Association (AFSA). Information about AFSA is available at
http://www.afm.fbe.usp.ac.fj/index.php?id=8040

19.3 FIRST YEAR EXPERIENCE (FYE) SERVICES

The University provides FYE services to ensure you have a seamless transition into the
University and to support you throughout your time at the University. The FYE Coordinator
can help you by providing strategies for success as well as referrals for academic advice and
student support.

Mr. Akshay Ram is the First Year Experience Coordinator. His contact details are as follows:
Email: [email protected]
Phone: 32-31946

20. EXPECTATIONS OF STUDENTS

20.1 STUDENT RESPONSIBILITIES

Students are expected to:
 Read the relevant chapters each week before attempting the weekly activities.
 Spend enough time on Moodle and other activities required in the course
 Revise each weekly topic before reading the new topic.
 Facilitate the course coordinator with any proof that he/she was sick and unable to
attend classes or assessment at the earliest possible time to avoid getting a zero
mark for the missed assessment.

20.2 STUDENT WORKLOAD

This table shows the total hours over a period of 18 weeks (i.e. 14 wk semester, 1 wk
semester break, 1 week study break and two weeks exam) that each student must spend in
the course.

TYPE Hours Comments

Reading 42 Students are expected to read the relevant
chapters of each topic specified in the course
content before attempting online activities.
Tutorial activities 42 To gain most out of the tutorial sessions, students
are expected to attempt the tutorial questions
before the assigned virtual tutorials.
Online learning activities 35 Student must view and read the online resources
and resources and attempt the online learning activities.

Assessments 35 Students are expected to read their textbook and

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 other resource materials from the library/moodle
or the internet when attempting the assignment
questions.
Self-study 36 Every student is expected to revise the major point
at the end of each week before progressing to the
new topic. When revising, students must also refer
to the lecture guides, power point slides and
tutorial activities.
TOTAL 190

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