Premium Essay

Acct5910 Topic 1

In: Business and Management

Submitted By gunmaner
Words 3139
Pages 13
Click to add text to title page ACCT3583 Management Accounting 2

ACCT3583: Seminar 1 Administration


Seminar 1 – Analysing the External Environment





Welcome to ACCT3583 – Management Accounting 2! We will begin with a course overview – referring to the ACCT3583 Course Outline Outline. This is an opportunity to discuss learning outcomes, assessments and general course admin., as well as providing a subject overview We will then cover Topic 1: Analysing the External Environment
2

ACCT3583 Management Accounting 2

ACCT3583 Teaching team
Teaching Team Contact details
Brian Burfitt (Lecturer‐in‐Charge)
Yee Shih Phua

ACCT3583 Teaching team
Consultation
Tues 10am – 12Noon

Teaching Team Contact details
Mark McCoy

Consultation
By Appointment

Email: b.burfitt@unsw.edu.au Telephone: 9385 5807 Office: Quad 3081 Email: Y.Phua@unsw.edu.au Telephone: 9385 5812 T l h 9385 5812 Office: Quad 3062 Thurs 12Noon – 2 Th 12N 2pm

Email: TBA Telephone: TBA

Jonathan Yuen

Email: jonathan.yuen@unsw.edu.au Telephone: 9385 6283 Office: Quad 3089 Mon 4pm ‐6pm

Yichelle Zhang

Email: yichelle.zhang@unsw.edu.au Telephone: 9385 6283 Office: Quad 3089 12Noon – 1pm
3 ACCT3583 Management Accounting 2 4

ACCT3583 Management Accounting 2

ACCT3583 Seminar overview


ACCT3583 Course assessment


Seminar overview






Seminars comprise lecture content and in-class discussions You must view the podcast, read the assigned readings and complete the assigned questions di d l h i d i BEFORE coming to class Please note the 80% attendance requirement for this course

Please refer to ACCT3583 Course Outline for course assessment components Please refer to  In Class Quizzes 10% Handouts on  Syndicate Case Project 25% Blackboard in coming weeks  Syndicate Presentation 10%  Individual Reflection 5% Statement  Final Exam 50%…...

Similar Documents

Premium Essay

Topics 1 and 2

...Brad McPherson / Article Summaries Topics 1&2 / Strategy and Marketing Strategies for Learning from Failure – Amy C. Edmondson – Strategy Failure is being looked at the wrong way (Edmondson, 2011). Failure can be an important learning tool for organizations around the globe. If analyzed correctly and quickly, but also implemented effectively, failure can transform negative situations into positive growth. Failure is generally discouraged and instinctively passed onto someone else if possible; this is called the Blame Game (Edmondson, 2011). The Blame Game (discovered at childhood) discourages people from taking the blame for a mistake or failure. It leads to unsolved problems and lessons unlearned. Leaders must combat the Blame Game with the construction of a learning culture. A learning culture “makes people feel both comfortable with and responsible for surfacing and learning from failures” (Edmondson, 2011). To build an effective learning culture a leader must strongly encourage a realization of what happened or caused the problem-not who did it (Edmondson, 2011). A learning culture deals with failure in three ways: detecting, analyzing, and experimentation (Edmondson, 2011). Detecting failure is important because the longer it remains unsurfaced the worse the damages will be. It’s also crucial to effective analyze failure. Companies shy away from this because it makes everyone uncomfortable and harms self-esteem (Edmondson, 2011). Analyzing failure obtains......

Words: 598 - Pages: 3

Premium Essay

Topic 1

...Topic 1: Some people think old building should be knocked down and give way to new buildings, others oppose this. Discuss both view and give your opinion Old buildings are often considered as be works or art. However, some people hold the view that these building should be destroyed to build new buildings while others are of the opinion that governments should protect and maintain old buildings. In this essay, these views will be examined in depth. There are great advantages to maintaining old buildings. Firstly, it is the fact that people usually identify countries by architectural symbols like the pyramids in Egypt and the Eiffel in France. As a result, these historical buildings attract numerous tourists to visit annually. Therefore, these countries have more opportunities to increase income. Secondly, it is obvious that old buildings show us how people lived in the past. To be more specific, they remind people the history of their country, as well as, their original point. Thirdly, it is generally believed that historical buildings are part of a country’s heritage. Thus, it is necessary to protect them so that future generations can contemplate these masterpieces. There are, however, also disadvantages to protecting old buildings. The biggest concerns are to have a lack of empty space to enhance the infrastructure and construct crucial buildings like hospitals and financial buildings. As a matter of fact, it results in serious consequences like heavy traffic congestion...

Words: 305 - Pages: 2

Premium Essay

Acct5910

...Australian School of Business ACCT5910 Business Analysis and Valuation Class 1: Introduction Lecturers • Peter VASSALLO – (Lecturer in Charge) – Office: Quad 3101 Tel: 9385 5840 – Email: p.vassallo@unsw.edu.au – Consultation Hour: Tue 2 – 4 pm Australian School of Business • Jeff COULTON – Office: Quad 3061 Tel: – Email: j.coulton@unsw.edu.au – Consultation Hour: Wed 3 – 5 pm 9385 5811 Focus of Acct5910 Australian School of Business Fundamental Analysis and Value 3 Success: Warren Buffett Australian School of Business Warren Buffett Australian School of Business • Born on August 30, 1930 • The richest person in the world 2008 with $62 billion, and the third richest in 2010 with 47 billion • Lives in the same house in the central Omaha that he bought in 1958 for $31,500 and today, it is valued at around $700,000 • Largest shareholder and CEO of Berkshire Hathaway • Recent News: – Invested aggressively during the current crisis – Lost $25 billion in 2008-2009 – Called for more income tax for rich Americans (but not necessarily investment tax) Warren Buffett Australian School of Business • Newspaper delivery boy at age of 13 • First investment in pinball machine at age of 15 • Graduated from Columbia and worked as an security analyst for 2 years • Started an investment partnership with $100 at age of 26; 13 years later, he cashed out with $25 million • Controlled Berkshire Hathaway and transformed it into an investment......

Words: 1872 - Pages: 8

Premium Essay

Busn6120 Topic Paper Week 1

...Topic Article Week 1 Sharon Morton BUSN6120 Managerial Economics Instructor: John Blum August 20, 2014 Introduction The first chapter in Managerial Economics and Business Strategy introduces the class to the fundamentals of managerial economics. Some of the topics that were discussed within the chapter were; the economics of effective management, understanding incentives and markets, recognizing the time value of money, and using marginal analysis. The topic that I found most interesting this week was understanding markets. The power, or bargaining position, of consumers and producers in the market is limited by three sources of rivalry that exist in economic transactions: consumer-producer rivalry, consumer-consumer rivalry and producer-producer rivalry (Baye & Prince, 2014). For this week's topic paper, I will focus on producer-producer rivalry and how it relates to Publix being the most popular grocery store chain in the state of Florida. While Publix and their competitors offer thousands of different products to their customers, this would still be considered as a rivalry between two or more producers. Discussion Grocery stores have been competing against each other for decades, always trying to one-up each other in order to win over customers. When one supermarket comes out with a sale or advertises their superior customer service, there is always another competitor trying to lure those customers away. Publix......

Words: 996 - Pages: 4

Premium Essay

Project Topic Proposal and Outline Week 1 Assignment

...PROJ 420/Semester and Session Project Topic Proposal and Outline WEEK 1 Assignment Risk Management Plan for the (Brew House) Project Prepared By: Approved By: Project Description and Objectives: This project will produce the full completion of a functioning Brew House which will serve the public local beers brewed from within the community. This project will be the creation of a new company; therefore, the goals and objectives are directly related to the project. The objective this project will meet is the ability to produce potential profit. This Brew House will not only thrive within the local community and offer a place to test the market of local brews under one roof, but will also offer a way for the owners to turn a valuable profit. Starting a new business in a new market is always risky, the main risk would be that this Brew House makes no or little profit based off of its investment. This project is high-level priority. Objectives of the Risk Process: The main objectives of the risk process are managing the construction budget, the construction timeline, contracting local breweries, and finding good quality managers. The risk tolerable vary from one objective to another; however, all objectives need to be completed within the time and budget given for overall success. (Instructor note: This is the opening step in your Course Project. Keep in mind that the project you choose will be what you will be working on throughout the course. The more......

Words: 267 - Pages: 2

Premium Essay

Topic 2 Discussion Question #1

...Topic 2 Discussion question #1 How does knowledge of the foundations and history of nursing provide a context in which to understand current practice? By having the knowledge of the foundations and history of nursing provides even the third generation nurse such as myself to understand the growth and ability to grow in the field. One must be able to identify the unsurmountable challenges faced by Florence Nightingale can empower the registered nurse throughout their career. By taking the time to study our history, each registered nurse can more effectively support the standard of evidence based practice. I was raised in a family where my grandmother, mother, aunts and cousins were all nurses. Each one in her own specialty. In my late teens, my mother went into education and taught in a school of nursing, climbing the leadership ladder to at the time of retirement she held the role as an assistant director. This being said, I always felt that I had a good exposure to the history of the profession. I was amazed as I observed the power point on areas I had no previous knowledge about and the extent of the changes we in the profession had accomplished. Identify at least three trends in nursing practice from the "Nursing Timeline of Historical Events" media piece. Nursing Uniform Transition from the Florence Nightingale area to when our grandmothers and mothers were in nursing that encompassed the hat, white stockings and white dress with pockets. To the......

Words: 585 - Pages: 3

Free Essay

Topic 1: Meaning of Life: Economics of Life

...Critical Thinking Portfolio Task Topic 1: Meaning of Life: Economics of Life Rebecca Marshall – 08099405 Online dating has increased in popularity over the last few years with the most recent RSVP Date of the Nation Report (2014) showing online dating as the second most preferred way to meet a new partner compared to the 2012 RSVP report which showed online dating as the fifth preferred option (Medianet, 2015). There are a number of benefits to online dating that may have contributed to its rising popularity. A network externality will occur as more and more people become familiar with and confident in using online dating platforms, expanding the pool of potential suitors. Specific group dating sites have also been created that provide a mechanism for assortative mating (homogamy) preferences whereby individuals are able to select potential partners based on similarities such as environment, education, socio economic status, aesthetics and a range of other categories, increasing the chances of finding a suitable partner while keeping search costs low. To further reduce search costs, signalling, such as sending an e-rose, can be used by individuals to narrow the pool of potential partners to those of particular interest, increasing the chances of acceptance by 20% (Lee & Niederle, 2014). However, online dating also has its negatives as information is shared in an environment where cheap talk can distort the information, such as appearance attributes, due it...

Words: 419 - Pages: 2

Free Essay

Psy 326 Week 1 Assignment Topic Selection

...A++PAPER;http://www.homeworkproviders.com/shop/psy-326-week-1-assignment/ PSY 326 WEEK 1 ASSIGNMENT TOPIC SELECTION PSY 326 Week 1 Assignment Topic Selection, Topic Selection. This week you will select a topic you want to study and the area of psychological research that will be used to study this topic, for the Final Paper. For example, you may identify alcoholism as the topic and biopsychology as the research area. You should also indicate why this topic is of interest to you. You will ultimately review a research study in this area for your Final Paper so it is important to choose an area of interest. The following list provides acceptable topic areas that should be applicable to research across these disciplines, but you may also propose another topic that interests you. 1. Drug Addiction 2. Schizophrenia 3. Learning 4. Memory 5. Intelligence 6. Attraction 7. Depression You will then choose one of the following research areas to study your topic: 1. Biopsychology 2. Cognitive Psychology 3. Developmental Psychology 4. Social Psychology 5. Clinical Psychology Submit your research topic and explain why you have decided to focus on this particular topic for your Final Paper. The paper should introduce the importance of the topic and your thesis should be clearly stated. Be sure to include a conclusion as well. The paper should be one to two pages in length (excluding title and reference pages) and formatted according......

Words: 304 - Pages: 2

Premium Essay

Company Law - Topic Review 1

...Kong Jianhui (MC1306BC3055) Company Law – Topic Review 1 The main issue here is what action should Bake Chef Sdn. Bhd. and Ramos take after Wonbin had solicit clients from Bake Chef Sdn. Bhd. and transfer the title of his house to his company, Cake Mart Sdn. Bhd. to evade the contract of selling his house to Ramos. In Sec 16(5) of Companies Act 1965, a company may sue and be sued in its own name. However, under the rule in “Foss vs. Harbottle”, a company should sue the other party under its own name if the company has a right under contract against the party. On the other hand, under the rule of “Jones vs. Lipman”, a court can set aside the separate legal entity of a company and look to the members of the company which is known as lifting the veil. This can be applied if a person is using his company to evade legal obligation. Looking at the facts of the case, Wonbin had signed a contract with Bake Chef Sdn. Bhd. to avoid soliciting of clients which means Wonbin had breached the contract. Therefore, Bake Chef Sdn. Bhd. can sue Wonbin under its own name because the company has the right under the rule of “Foss vs. Harbottle”. In the case of Ramos, Wonbin had also signed a contract with him to sell him the house. Even if Wonbin transfer the title to his company, under the rule of “Jones vs. Lipman”, the court can set aside the legal entity of Cake Mart Sdn. Bhd. to look after Wonbin after lifting the veil of the company. In conclusion, it is advisable for Bake Chef Sdn.......

Words: 303 - Pages: 2

Premium Essay

Topic 1-Dq 1

...behavior changes; particularly as they relate to lifestyle choices? Perceived severity is the degree to which the person attributes negative medical, clinical, or social consequences to being diagnosed with an illness. Together, perceived susceptibility and perceived severity provide motivation for reducing or eliminating such threats. The type of action taken depends on perceived benefits (beliefs about the effectiveness of different actions) and perceived barriers (potential negative aspects of particular actions). People are thought to weigh an action's effectiveness in reducing a health threat against possible negative outcomes The health promotion, have achieved through internal mechanisms intrinsic or three people, some of these are: 1. Self-care, ie, decisions and actions that the person performs for the benefit of their own health. 2. Mutual aid or that people do to help each other according to the situation they are living. 3. The creation of healthy environments or environmental conditions that promote health, such as healthy schools that constitute enhancers scenarios the capacities of children, in which health education and health promotion They are educational options for human development and values ​​education in childhood. The health promotion in addition to personal and behavioral considers as more comprehensive strategy for implementation and dissemination five interrelated basic components together, such as: building healthy public policy, creating......

Words: 1594 - Pages: 7

Premium Essay

Re: Re: Topic 1: Discussion Question 1

...involves challenging one another to think critically, to be accountable to one’s own opinions and responsibilities, and to be actively engaged in professional dialog. The CLC exercises in this course are designed to give you a better understanding of collaborative and interpersonal skills need to work with others successfully. Your grade for each CLC assignment is based partly on the quality of the work submitted and partly on the demonstration of group dynamic and “group think.” * How the CLC Works The instructor will assign students to teams during Topic 1 in preparation for the CLC assignment that is due in Topic 3. Each team will be assigned a color code. Your team will use the CLC forum, located in the Discussion Forum folder, to communicate with each other while working on the assignment. Your team’s CLC forum can be identified by the color code that was assigned to your team. Tips to Get Started 1) Get to know your team members and their individual skills (what they do well and what they prefer to do when working in groups). 2) Establish a “To Do” list for the group. 3) Establish expectations (how and when to communicate, who will do what aspects of the project) and a timeline in which the group must complete specific tasks. 4) Organize your work into sections, ensuring that all items listed on the guidelines are accounted for. 5) Communicate with your group members often to ensure your group is on track. 6) Assemble......

Words: 605 - Pages: 3

Free Essay

Topic 1 Dq1

...time or another that could care less. When you speak to them, they are looking at the TV or are completely disengaged. What can we do when we have a non-compliant patient? Health Belief Model is a tool to help patients make changes in a way that is comfortable for them. It suggests that a person’s belief in a personal threat of an illness together with a person’s belief in the effectiveness of the recommended health behavior will predict the likelihood the person will adopt the behavior. The patient’s actions depend on their understanding of the pros and cons to their health behavior. Effective non-biased communication with patients can lead to willingness as well as compliance. There are six major components of the Health Belief Model: 1) Perceived susceptibility – Is the health problem real? 2) Perceived severity – Pt will not act on health issue unless they have an understanding of how serious health condition is. 3) Perceived benefits – Patient believes that a cure is possible. 4) Perceived costs – Refers to complexity and duration of treatment. Can they afford it? 5) Motivation – Desire to comply 6) Self-efficacy – Patient’s confidence in his/her ability to perform necessary measures. An example I can think of is when I help out in cardiac rehab. Many cardiac patients eat, drink and smoke what they want. It is hard to talk to these patients about a healthier lifestyle. I try to be their “friend”. When I give them the chance to open up and......

Words: 355 - Pages: 2

Free Essay

Psy 326 Week 1 Assignment Topic Selection

...PSY 326 WEEK 1 ASSIGNMENT TOPIC SELECTION A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=psy-326-week-1-assignment-topic-selection Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION PSY 326 Week 1 Assignment Topic Selection, Topic Selection. This week you will select a topic you want to study and the area of psychological research that will be used to study this topic, for the Final Paper. For example, you may identify alcoholism as the topic and biopsychology as the research area. You should also indicate why this topic is of interest to you. You will ultimately review a research study in this area for your Final Paper so it is important to choose an area of interest. The following list provides acceptable topic areas that should be applicable to research across these disciplines, but you may also propose another topic that interests you. 1. Drug Addiction 2. Schizophrenia 3. Learning 4. Memory 5. Intelligence 6. Attraction 7. Depression You will then choose one of the following research areas to study your topic: 1. Biopsychology 2. Cognitive Psychology 3. Developmental Psychology 4. Social Psychology 5. Clinical Psychology Submit your research topic and explain why you have decided to focus on this particular topic for your Final Paper. The paper should introduce the importance of the topic and your thesis should be clearly stated. Be sure to include a conclusion as well. The paper should be......

Words: 318 - Pages: 2

Free Essay

Topic 1: Discussion Question 2

...Topic 1: Discussion Question 2 I reminisce to the excitement of the first day of school as I begin the next chapter of my educational journey. The sweet feeling of unknown, the butterflies in the stomach bring about childhood memories. I am looking forward to expanding my knowledge, the joy of overcoming the challenges and most importantly, earning my BSN. I have my goals set clearly before me and my motivation is strong. I know I can overcome my fear of failure as I have done in the past. My fears almost caused me to give up during my LPN to RN bridge program. I felt overwhelmed and lost confidence in myself. Thankfully I had a strong support system. I was able to refocus on my goals, prioritize and utilize my resources to overcome my fears of failure and succeed. With hard work and determination I regained my confidence and drive to become a professional and a scholar. From that point there was no turning back. I have too much at stake to allow self-doubt to interfere with my goals. Although I encountered a setback during my bridge program I was able to complete it and earn my associate degree. I am glad I had that experience. It made me more confident in myself and more aware of my strengths and weaknesses as a student. I think it is naïve for a person to believe they will never fail. That mid set handicaps a student’s mind. I feel that knowing and accepting one’s fears is the best way to not fall into their depths. References: Lake, A., & von Baeyer, C.......

Words: 313 - Pages: 2

Premium Essay

Topics in Cultural Studies Unit 1

...HUMA215-1201B-14 Unit 1 IP AIU Online/ February 2012 Lucretia Randle Abstract The author gives a visual presentation of Greek and Roman cultures as they evolved using timelines for both. She discusses similarities and differences in each as pertaining to government, geography, economics, arts and philosophy. In conclusion she summarizes how these ancient cultures helped shape the modern world. These two timelines show the evolution of both empires, Greek and Roman. As you can See the Romans only surfaced toward the end of the Greek culture was beginning its decline. Greece was the beginning of civilization in that it showed a shift from a nomadic lifestyle to an agrarian and more sedentary lifestyle (Course materials, 2012). The timelines contain information found on the following websites http://courses.wcupa.edu/jones/his101/TIMELINE/T-ROMAN.HTM and http://www.ancient-greece.org/resources/timeline.html (2012). Linear writing which was begun in Greece from about the 18th century BCE and used until about the 15th century BCE is a still undeciphered writing system closely related to the ideographic writings known as hieroglyphs (thefreedictionary.com, 2012). Polytheism was the religious belief and was closely entwined with their everyday life and was highly structured (course material, 2012). This culture was defensive in nature when it came to its architecture with the building of protective and extensive walls and it was founded on a feudal system of political......

Words: 557 - Pages: 3