BFA738 CPA Strategic Management Accounting


Tasmanian School of Business & Economics (TSBE) (School)College of Business and Economics (College)BFA738CPA Strategic Management Accounting12.50 Credit PointsSemester 2, 2021Unit OutlineHeinrich OosthuizenCRICOS Provider Code: 00586B

CONTACT DETAILSUnit coordinatorUnit coordinator:Heinrich OosthuizenCampus:Hobart City Campus - Vodaphone : 61 3 6226 5748Room location and number: TBAConsultation hours:TBA The University of Tasmania 2021


COVID Safety on CampusTo ensure the safety and wellbeing of our University and the broader community, it’simportant that you allow time to complete the following steps every day you attendcampus:-Complete the COVID-Safe Return to Campus MyLO module before you attendGo through screening each day when attending campus, check your temperatureand swipe your access cardMaintain COVID-safe behaviours: keep 1.5 metres away from others, wash yourhands thoroughly and often, use disinfectant wipes to clean your work stationCritically, please stay at home if you are unwell, get tested if you have any symptomsand email us at if you are getting testedTogether, let’s make our campus a safe place to be.Page 2BFA738 CPA Strategic ManagementAccounting

WHAT IS THE UNIT ABOUT?Unit descriptionThis unit examines the management accountant’s role in dynamic organisationsoperating in the global business environment with a focus on achieving strategicoutcomes. You will learn the tools and techniques including value chain analysis andproject management, to contribute to strategy development and implementation,with the aim of creating customer and shareholder value and a strong competitiveposition for the organisation. This unit provides tuition support for your enrolment inthe core CPA Professional Level segment: Strategic Management Accounting.Intended Learning OutcomesOn completion of this unit, you will be able to:1. apply the strategic management process and organisational and industryvalue analysis to understand value drivers, cost drivers and thereconfiguring of value chains2. explain the role of the management accountant as a trusted adviser and abusiness partner in supporting strategy development and the day-to-dayoperations of an organisation3. design an effective budgeting system that incorporates uncertainty toassist in strategy implementation4. explain the role of performance measurement and control systems in valuecreation, strategy implementation and monitoring performance to improvestrategies5. apply strategic management accounting tools and techniques to improvethe contribution and sustainability of value-creating activitiesPage 3BFA738 CPA Strategic ManagementAccounting

Graduate StatementSuccessful completion of this unit supports your development of course learning outcomes,which describe what a graduate of a course knows, understands and is able to do. Courselearning outcomes are available from the Course Coordinator. Course learning outcomes aredeveloped with reference to national discipline standards, Australian QualificationsFramework (AQF), any professional accreditation requirements and the University ofTasmania’s Graduate Statement.The University of Tasmania experience unlocks the potential of individuals.Our graduates are equipped and inspired to shape and respond to theopportunities and challenges of the future as accomplished communicators,highly regarded professionals and culturally competent citizens in local,national, and global society. University of Tasmania graduates acquire subjectand multidisciplinary knowledge and skills, and develop critical and creativeliteracies and numeracies and skills of inquiry. They demonstrate the ability toapply this knowledge in changing circumstances. Our graduates recognise andcritically evaluate issues of social responsibility, ethical conduct andsustainability, are entrepreneurial and creative, and are mindful of their ownwellbeing and that of the community. Through respect for diversity and byworking in collaborative ways, our graduates reflect the values of theUniversity of Tasmania.Alterations to the unit as a result of student feedbackNil.Prior knowledge &/or skillsStudents must be an Associate Member of CPA Australia and be concurrently enrolled in thesegment with CPA Australia.Page 4BFA738 CPA Strategic ManagementAccounting

HOW WILL I BE ASSESSED?Assessment scheduleAssessment taskDate duePercentweightingLinks to Intended LearningOutcomesExamination - invigilated(externally - Exams Office)Refer toCPAAustralia100LO1, LO2, LO3, LO4,LO5Assessment detailsAssessment Task 1: Examination - invigilated (externally - Exams Office)CPA Final Exam - Students will attend CPA exam as the final exam forTaskDescription this unit. The CPA exam period is scheduled from Wednesday 10 April toTuesday 30 April 2019. (Students will need to book a specific time, dateand location of the exam with CPA Australia).The exam is open book examination consisting of multiple choicequestions and extended response questions. CPA exam is for 3 hours 15minutes and will be available in various centres across Australia andinternationally. Students can bring CPA textbooks to the exam.Students are advised that the CPA examination is conducted by CPAAustralia and in accordance with their rules and regulations. It is theresponsibility of students to be aware of the rules and requirements ofCPA Australia, as well as the venue and time for the examination.As a student enrolled in CPA program, YOU are responsible for ensuringthat you are in possession of the latest CPA Australia information.CriterionNumberCriterion DescriptionMeasuresILO:1Apply and critique the skills of the professional accountant LO1, LO2,in creating, managing and enhancing sustainable value to LO3the organisation through the use of various strategicmanagement tools and techniques.2Solve authentic problems by using techniques fordeveloping, implementing, measuring and monitoring theperformance of an organisation to provide feedback forimproving strategies.LO4, LO5Task Length Please refer to information from CPA AustraliaDue by date Please refer to information from CPA AustraliaPage 5BFA738 CPA Strategic ManagementAccounting

How your final result is determinedTo pass this unit, you need to demonstrate your attainment of each of the IntendedLearning Outcomes.Your grade will be determined in the following way:Your overall mark in this unit will be determined by combining your results from eachassessment task. These marks are combined to reflect the percentage weighting of eachtask. You need to achieve an overall score of at least 50% to successfully complete this unit.It is expected that you will seek help (from the unit coordinator in the first instance), wellbefore the due date, if you are unclear about the requirements for an assessment task.- PP (pass) at least 50% of the overall mark but less than 60%- CR (credit) at least 60% of the overall mark but less than 70%- DN (distinction) at least 70% of the overall mark but less than 80%- HD (high distinction) at least 80% of the overall markAll grades are provisional, until confirmation by the Assessment Board at the end ofsemester.Submission of assignmentsThe act of submitting your assignment will be taken as certification that it is your own work.Assignments must be submitted electronically through the relevant assignment tab inMyLO. You must ensure that your name, student ID, unit code, tutorial time and tutor’sname (if applicable) are clearly marked on the first page. If this information is missing, theassignment will not be accepted and, therefore, will not be marked.Where relevant, Unit Coordinators may also request you to submit a paper version of yourassignment. You will be advised by the Unit Coordinator of the appropriate process relevantto your campus.Please remember that you are responsible for lodging your assessment items on or beforethe due date and time. We suggest you keep a copy. Even in a perfect system, itemssometimes go astray.Requests for extensionsIn this Policy:(a) ‘day’ or ‘days’ includes all calendar days, including weekends and public holidays;(b) ‘late’ means after the due date and time; and(c) ‘assessment items’ includes all internal non-examination based forms of assessmentPage 6BFA738 CPA Strategic ManagementAccounting

2. This Policy applies to all students enrolled in TSBE Units at whatever Campus orgeographical location.3. Students are expected to submit assessment items on or before the due date and timespecified in the relevant Unit Outline. The onus is on the student to prove the date and timeof submission.4. Students who have a medical condition or special circumstances may apply for anextension. Requests for extensions should, where possible, be made in writing to the UnitCoordinator on or before the due date. Students will need to provide independentsupporting documentation to substantiate their claims.PenaltiesLate submission of assessment items will incur a penalty of 10% of the total marks possiblefor that piece of assessment for each day the assessment item is late unless an extensionhad been granted on or before the relevant due date.Assessment items submitted more than five (5) days late will not be accepted.Academic staff do NOT have discretion to waive a late penalty.Review of results and appealsA Review of Final Result is available to all students once the University has releasedthe final result for a unit. If you are dissatisfied with your final result, you may apply tohave it reviewed. Applications for a review of assessment are due within 10 workingdays of the release of the final result in the unit.If you wish to have a piece of internal assessment reviewed as part of the reviewprocess, please state this clearly on the application form referred to above and includethat assessment item with your application.Please read and follow the directions provided by the University at: id/1786/ request-a-review-of-my-grade%3FYou can access and submit the Review of Final Result application form via eStudent.Academic integrityWhat is academic integrity?At the University of Tasmania, academic integrity requires all students to act responsibly,honestly, ethically, and collegially when using, producing, and communicating informationwith other students and staff members. The University community is committed toupholding the Statement on Academic Integrity.Page 7BFA738 CPA Strategic ManagementAccounting

Breaches of academic integrity such as plagiarism, contract cheating, collusion and so on arecounter to the fundamental values of the University. A breach is defined as being when astudent:a) fails to meet the expectations of academic integrity; orb) seeks to gain, for themselves or for any other person, any academicadvantage or advancement to which they or that other person is not entitled;orc) improperly disadvantages any other member of the University community.The University and any persons authorised by the University may submit your assessableworks to a text matching service, to obtain a report on possible breaches such as plagiarismor contract cheating. Substantiated breaches can result in a range of sanctions which areoutlined in the Student Academic Integrity Ordinance.More information is available from the Academic Integrity site for students on the StudentPortal.Academic Integrity Training ModuleAs part of the University’s educative approach to academic integrity, there is a shortAcademic Integrity Training Module on MyLO that all students are required to complete.Completion of the module allows you to demonstrate your understanding of whatconstitutes a breach of academic integrity.All commencing students (pre-degree through to higher degree by research) are requiredto complete the Academic Integrity module available through MyLO. If you do notcomplete this module your final unit results will be withheld. You should aim to completethe module within the first few weeks of commencing study at the University.Academic referencingIn your written work you will need to support your ideas by referring to scholarly literature,works of art and/or inventions. It is important that you understand how to correctly refer tothe work of others and maintain academic integrity.Failure to appropriately acknowledge the ideas of others may constitute a breach ofacademic integrity.The University library provides information on presentation of assignments, includingreferencing styles and should be referred to when completing tasks in this unit.For further information, see the Academic Integrity site for students on the Student Portal.Before starting your assignments, you are advised to familiarise yourself with the followingelectronic resources.The first is the Harvard Referencing System Style Guide, which can be accessed fromthe UTAS library: 27520&sid 199808. TheHarvard style is the appropriate referencing style for this unit and the guide providesPage 8BFA738 CPA Strategic ManagementAccounting

information on presentation of assignments, including referencing styles. In your writtenwork you will need to support your ideas by referring to scholarly literature, works of artand/or inventions. It is important that you understand how to correctly refer to the work ofothers and maintain academic integrity.Failure to appropriately acknowledge the ideas of others constitutes academic dishonesty(plagiarism), a matter considered by the University of Tasmania as a serious offence.The second is the Tasmanian School of Business and Economics’ Writing Assignments: AGuide, which can be accessed at: nt-resources. This guide provides you with useful information about thestructure and style of assignments in the TSBE.In your written work you will need to support your ideas by referring to scholarly literature,works of art and/or inventions. It is important that you understand how to correctly refer tothe work of others, and how to maintain academic integrity.The University library provides information on presentation of assignments, includingreferencing styles and should be referred to when completing tasks in this unit.Please read the following statement on plagiarism. Should you require clarification pleasesee your unit coordinator or lecturer.In your written work you will need to support your ideas by referring to scholarly literature,works of art and/or inventions. It is important that you understand how to correctly refer tothe work of others, and how to maintain academic integrity.The University library provides information on presentation of assignments, includingreferencing styles and should be referred to when completing tasks in this unit.Please read the following statement on plagiarism. Should you require clarification pleasesee your unit coordinator or lecturer.Page 9BFA738 CPA Strategic ManagementAccounting

PlagiarismPlagiarism is a form of cheating. It is taking and using someone else'sthoughts, writings or inventions and representing them as your own; forexample, using an author's words without putting them in quotation marksand citing the source, using an author's ideas without proper acknowledgmentand citation, copying another student's work.If you have any doubts about how to refer to the work of others in yourassignments, please consult your lecturer or tutor for relevant referencingguidelines. You may also find the Academic Honesty site on MyLO ofassistance.The intentional copying of someone else’s work as one’s own is a seriousoffence punishable by penalties that may range from a fine ordeduction/cancellation of marks and, in the most serious of cases, toexclusion from a unit, a course or the University.The University and any persons authorised by the University may submityour assessable works to a plagiarism checking service, to obtain a report onpossible instances of plagiarism. Assessable works may also be included in areference database. It is a condition of this arrangement that the originalauthor’s permission is required before a work within the database can beviewed.For further information on this statement and general referencing guidelines, see thePlagiarism and Academic Integrity page on the University web site or the Academic Honestysite on MyLO.Page 10BFA738 CPA Strategic ManagementAccounting

WHAT LEARNING OPPORTUNITIES ARE THERE?MyLOMyLO is the online learning environment at the University of Tasmania. This is the systemthat will host the online learning materials and activities for this unit.Getting help with MyLOIt is important that you are able to access and use MyLO as part of your study in this unit. Tofind out more about the features and functions of MyLO, and to practice using them, visitthe Getting Started in MyLO unit.For access to information about MyLO and a range of step-by-step guides in pdf, word andvideo format, visit the MyLO Student Support page on the University website.If something is not working as it should, contact the Service Desk (phone 6226 2600or request ITS help online through the Service Portal).ResourcesRequired readingsYou will need the following text (Available from CPA Australia):CPA Study Guide: Strategic Management AccountingOnline learning materials provided by CPARecommended readingsN/AReading ListsReading Lists provide direct access to all material on unit reading lists in one place. Thisincludes eReadings and items in Reserve. You can access the Reading List for this unit fromthe link in MyLO, or by going to the Reading Lists page on the University Library website.Equipment, materials, software, accountsN/APage 11BFA738 CPA Strategic ManagementAccounting

ActivitiesLearning expectationsThe University is committed to high standards of professional conduct in allactivities, and holds its commitment and responsibilities to its students asbeing of paramount importance. Likewise, it holds expectations about theresponsibilities students have as they pursue their studies within the specialenvironment the University offers.Students are expected to participate actively and positively in theteaching/learning environment. They must attend classes when and asrequired, strive to maintain steady progress within the subject or unitframework, comply with workload expectations, and submit required workon time.Details of teaching arrangementsStudents will be required to attend weekly workshop which will be taught in a blendedmode. These workshops are tailored to meet each group of students’ learning needs. Henceit is critical that prior to the workshop each week, you download/listen/read from the unit'sMyLO website the topic material and answer questions. Your answers determine what istaught in the workshop. If everyone in your group is comfortable with the content, then thatwill not be revised or elaborated on in the workshop. Only the content that you do not fullyunderstand will be explored. The topic materials only introduce you to the topic and guideyou in your further reading and study. You need to read the textbook and other resourcesbefore the workshop. You will be an active participant of every workshop and not a passiveattendee, so come prepared to work. Remember to bring your calculator, pens and paper! Aunit schedule is provided at the end of this unit outline indicating the topics to beintroduced each week and the text reference.Specific attendance/performance requirementsIn this unit, your active engagement will be monitored in the following way:1. The posting of questions and review of answers will ensure you actively participatein workshops (whether face-to-face or online).Teaching and learning strategiesThe University is committed to a high standard of professional conduct in allactivities, and holds its commitment and responsibilities to its students as being ofparamount importance. Likewise, it holds expectations about the responsibilitiesstudents have as they pursue their studies within the special environment theUniversity offers. The University’s Code of Conduct for Teaching and Learning states:Students are expected to participate actively and positively in the teaching/learningenvironment. They must attend classes when and as required, strive to maintainPage 12BFA738 CPA Strategic ManagementAccounting

steady progress within the subject or unit framework, comply with workloadexpectations, and submit required work on time.During the first four weeks of this semester, your participation and engagement in thisunit will be monitored. If you do not demonstrate evidence of having engaged activelywith this unit by Week 4 of semester, your enrolment may be cancelled or you may bewithdrawn from the unit.Work Health and Safety (WHS)The University is committed to providing a safe and secure teaching and learningenvironment. In addition to specific requirements of this unit you should refer to theUniversity’s Safety and Wellbeing webpage and policy.CommunicationTO KEEP UP WITH ANNOUNCEMENTS REGARDING THIS UNITCheck the MyLO Announcement tool at least once every two days. The unit Announcementwill appear when you first enter our unit’s MyLO site. Alternatively, click on theAnnouncement button (towards the top of the MyLO screen) at any time.WHEN YOU HAVE A QUESTIONOther students may have the same question that you have. Please go to the Ask the ClassDiscussion forum on the unit’s MyLO site. Check the posts that are already there – someonemay have answered your question already. Otherwise, add your question as a new topic.Students are encouraged to support each other using this forum – if you can answersomeone’s question, please do. We will attempt to respond to questions within 48 businesshours. If your question is related to a personal issue or your performance in the unit, pleasecontact the appropriate teaching staff member by email instead.WHEN YOU HAVE AN ISSUE THAT WILL IMPACT ON YOUR STUDIES OR THE SUBMISSION OFAN ASSESSMENT TASKIf you have a personal question related to your studies or your grades, please contactteaching staff by email.For general questions about the unit, please add them to the Ask the Class Discussion forumon the unit’s MyLO site. This way, other students can also benefit from the answers.A NOTE ABOUT EMAIL CORRESPONDENCEYou are expected to check your UTAS email (WebMail) on a regular basis – at least threetimes per week. To access your WebMail account, login using your UTAS username andpassword at are strongly advised not to forward your UTAS emails to an external email service (suchas gmail or Hotmail). In the past, there have been significant issues where this has occurred,Page 13BFA738 CPA Strategic ManagementAccounting

resulting in UTAS being blacklisted by these email providers for a period of up to one month.To keep informed, please use your UTAS email as often as possible.We receive a lot of emails. Be realistic about how long it might take for us to respond.Concerns and complaintsThe University is committed to providing an environment in which any concerns andcomplaints will be treated seriously, impartially and resolved as quickly as possible. We arealso committed to ensuring that a student may lodge a complaint without fear ofdisadvantage. In the first instance, students are encouraged (where appropriate) to attemptto resolve their concerns at a local level, by contacting their Unit Coordinator and if the UnitCoordinator can not resolve the issue then the Head of School. If you have a concern,information about who to contact for assistance is available on the Complaints andConcerns – Safe and Fair Community Unit page.Learning supportThe University provides a range of face-to-face and online services to help equip studentswith the academic and literacy skills that they need to undertake their study. These servicesare in addition to the support you receive in each unit from unit coordinators, lecturers andtutors. For details of these additional services such as workshops, individual consultation forlearning advice, and peer assisted learning opportunities, please visit the Study Supportpage.The University also provides free access to Studiosity, 24/7 online study help for all UTASstudents, enabling them to get feedback on written work within 24 hours or chat live with asubject specialist anywhere and anytime.All direct assessment-based feedback is provided only from the staff teaching you the unit.Further information and assistanceIf you are experiencing difficulties with your studies or assignments, have personal or lifeplanning issues, disability or illness which may affect your course of study, you are advisedto raise these with the unit coordinator in the first instance.In addition to Learning Support, there is a range of University-wide support servicesavailable to you including Student Advisers, Disability Services, and more which can befound on the Study Support and Safety, Health and Wellbeing pages from the CurrentStudents portal of the University website.Should you require assistance in accessing the Library, visit their website for moreinformation.Page 14BFA738 CPA Strategic ManagementAccounting

Unit scheduleWEEKDATEBEGINNING1212 July19 JulyTOPIC/ MODULE/FOCUS NModule 1Introduction to StrategicManagement AccountingRefer to MyLOpageNo WorkshopModule 1 (continued)&2Introduction to StrategicManagement AccountingInformation for decision-making326 JulyModule 3Planning, budgeting andforecasting42 AugustModule 3 (continued)Planning, budgeting andforecasting59 AugustModule 4Project management616 AugustModule 4 (continued)Project management723 AugustModule 5Performance managementMid-semester break: 30 August to 5 September inclusive86 SeptemberModule 613SeptemberModule 6 (continued)91020SeptemberN/A1127SeptemberN/A124 OctoberN/A1311 OctoberN/ARevisionTools for creating and managingvalueTools for creating and managingvaluePage 15BFA738 CPA Strategic ManagementAccounting

ACCREDITATIONAACSB AccreditationThe Tasmanian School of Business and Economics (TSBE) is currently in the process ofapplying for business accreditation with the Association to Advance Collegiate Schoolsof Business (AACSB) – the lead program for accrediting business schools globally.AACSB seeks to connect educators, students, and business to achieve a common goal –to create the next generation of business leaders.By joining AACSB and going through the accreditation process, TSBE is joining aglobal alliance committed to improve the quality of business education around theworld, and to share the latest innovations in business education. Gaining BusinessAccreditation with AACSB is a multi-year process involving TSBE demonstrating ourperformance against the 15 accreditation standards.Once complete, TSBE will join a select community of accredited business schools, withonly 7% of all business schools globally having completed the AACSB process. Thiswill further enhance the reputation of TSBE, and further enhance the globalrecognition of your qualifications. To find out more about AACSB click here.Page 16BFA738 CPA Strategic ManagementAccounting

this unit. The CPA exam period is scheduled from Wednesday 10 April to Tuesday 30 April 2019. (Students will need to book a specific time, date and location of the exam with CPA Australia). The exam is open book examination consisting of multiple choice questions and extended response questions. CPA exam is for 3 hours 15