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ACC706 ACCOUNTING THEORY AND ISSUES T319

All information contained within this Subject Outline applies to all students enrolled in the trimester as indicated.

1. General Information
1.1 Administrative Details

Associated HE Award(s) Duration Level Subject Coordinator

Master of Accounting 1 trimester Postgraduate Bilal Mustafa

Master of Professional Accounting bilal.mustafa@koi.edu.au
P: 92833583
L: Level 1, 545 Kent St.
Consultation: via Moodle or by
appointment

1.2 Core / Elective

This is a core subject for the above courses.

1.3 Subject Weighting

Indicated below is the weighting of this subject and the total course points.

Subject Credit Points Total Course Credit Points

4 MAcc 48; MPA 64

1.4 Student Workload

Indicated below is the expected student workload per week for this subject

No. timetabled hours/week* No. personal study Total workload

hours/week** hours/week***

4 hours/week 6 hours/week 10 hours/week

(2 hour Lecture + 2 hour Tutorial)
* Total time spent per week at lectures and tutorials
** Total time students are expected to spend per week in studying, completing assignments, etc.
*** Combination of timetable hours and personal study.

1.5 Mode of Delivery On-campus

1.6 Pre-requisites ACC700 Principles of Accounting, ACC701 Financial Accounting AND

ACC705 Corporate Accounting and Reporting.

1.7 General Study and Resource Requirements

o Students are expected to attend classes with the weekly worksheets and subject support material
provided in Moodle. Students should read this material before coming to class to improve their
ability to participate in the weekly activities.
o Students will require access to the internet and their KOI email and should have basic skills in
word processing software such as MS Word, spreadsheet software such as MS Excel and visual
presentation software such as MS PowerPoint.
o Computers and WIFI facilities are extensively available for student use throughout KOI.
Students are encouraged to make use of the campus Library for reference materials.

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Approved by KOI Academic Board for T3

ACC706
Resource requirements specific to this subject: Students should have a non-programmable calculator
– applications in smart phones will not be sufficient to perform the required calculations in class.
Students will also need access to a computer and the internet for research purposes.

2. Academic Details
2.1 Overview of the Subject

This subject engages students to develop a deeper appreciation of the function of accounting in
today’s complex business environment. Students will be introduced to the role of theory in the
development, application and regulation of accounting. The subject builds on students' technical skills
and their foundational knowledge of accounting practice. Topics include theory development in
accounting, normative accounting theories, positive accounting theories, traditional approaches to the
formulation of accounting, standard setting and institutional arrangements, ethics in accounting, social
and environmental accounting issues, and professional judgement in accounting.

2.2 Graduate Attributes for Postgraduate Courses

Graduates of Postgraduate courses from King’s Own Institute will gain the graduate attributes
expected from successful completion of a Master’s degree under the Australian Qualifications
Framework (2nd edition, January 2013). Graduates at this level will be able to apply an advanced body
of knowledge in a range of contexts for professional practice or scholarship and as a pathway for
further learning.

King’s Own Institute’s key generic graduate attributes for a master’s level degree are summarised
below:

KOI Master’s Degree Detailed Description

Graduate Attributes
Knowledge
Critical Thinking
Communication
Research and Information
Literacy
Creative Problem Solving
Skills
Ethical and Cultural
Sensitivity
Leadership and Strategy
Professional Skills
Current, comprehensive and coherent knowledge, including
recent developments and applied research methods
Critical thinking skills to identify and analyse current theories and
developments and emerging trends in professional practice
Communication and technical skills to analyse and theorise,
contribute to professional practice or scholarship, and present
ideas to a variety of audiences
Cognitive and technical skills to access and evaluate information
resources, justify research approaches and interpret theoretical
propositions
Cognitive, technical and creative skills to investigate, analyse and
synthesise complex information, concepts and theories, solve
complex problems and apply established theories to situations in
professional practice
Appreciation and accountability for ethical principles, cultural
sensitivity and social responsibility, both personally and
professionally
Initiative, leadership skills and ability to work professionally and
collaboratively to achieve team objectives across a range of team
roles
Expertise in strategic thinking, developing and implementing
business plans and decision making under uncertainty
High level personal autonomy, judgement, decision-making and
accountability required to begin professional practice

Across the course, these skills are developed progressively at three levels:
o Level 1 Foundation – Students learn the skills, theories and techniques of the subject and apply
them in stand-alone contexts
o Level 2 Intermediate – Students further develop skills, theories and techniques of the subject and
apply them in more complex contexts, beginning to integrate the application with other subjects.
o Level 3 Advanced – Students have a demonstrated ability to plan, research and apply the skills,
theories and techniques of the subject in complex situations, integrating the subject content with a
range of other subject disciplines within the context of the course.

2.3 Subject Learning Outcomes

Listed below, are key knowledge and skills students are expected to attain by successfully completing
this subject:

Contribution to Course
Subject Learning Outcomes
Graduate Attributes

a) Apply knowledge of accounting techniques, concepts, principles

and theories to solve complex financial reporting problems

b) Describe the various theoretical and philosophical approaches to

accounting

c) Consolidate and extend knowledge of the components of financial

statements through current accounting issues

d) Assess the impact of social and environmental factors in

accounting.

2.4 Subject Content and Structure

Below are details of the subject content and how it is structured, including specific topics covered in
lectures and tutorials. Reading refers to the text unless otherwise indicated.

Weekly Planner:

Week Topic covered in Reading(s) Expected work as

(beginning) each week’s lecture listed in Moodle
Contemporary issues in
1 Tutorial exercises as listed in
accounting and accounting Rankin: Ch. 1
04 Nov theory Moodle
2
11 Nov Theories in accounting Rankin: Ch. 5 Tutorial exercises
Principles-based accounting:
3 Tutorial exercises Formation of
the conceptual framework and Rankin: Chs. 2, 3
18 Nov groups
standard setting
4
25 Nov Accounting harmonisation Rankin: Ch. 12 Tutorial exercises
5 Measurement and fair value
02 Dec Rankin: Chs. 4,10 Tutorial exercises
accounting
6 Group assessment discussion
09 Dec Mid trimester test Mid trimester exams
Voluntary disclosure:
7 sustainability and Rankin: Ch. 11
Tutorial exercises
16 Dec environmental accounting, Moodle readings
integrated reporting
22 Dec 2019
– Mid trimester break
05 Jan 2020
8 Behavioural research in
06 Jan Moodle readings Tutorial exercises
accounting
Tutorial exercises
Group report due
9 Earnings management and
Rankin: Ch. 9 Deferred mid trimester exams
13 Jan quality
- see Section 2.6 below for more
information
 Tutorial exercises
10 Capital market research in Rankin: Ch. 8
Presentation slides due
20 Jan accounting and ethics Moodle readings
Group presentations
11 Corporate governance: culture Tutorial exercises
Rankin: Ch. 7
27 Jan and financial reporting Group presentations
12
03 Feb Revision Revision exercises
13
10 Feb Study Review Week
14 Please see Exam Timetable for exam date, time and
17 Feb Final Exam Week
location
15 Student Vacation begins
23 Feb Enrolments for T120 open
16 Results Released 04 Mar 2020
02 Mar Certification of Grades 07 Mar 2020
T120 begins 09 Mar 2020
1 Week 1 of classes for T120
09 Mar Friday 06 Mar 2020 – Review of Grade Day for T319 – see Sections 2.6 and 3.6
below for more information.

2.5 Public Holiday Amendments

Please note: KOI is closed on all scheduled NSW Public Holidays.

T319 has one (1) public holiday (Australia Day) that occurs during classes this trimester. Classes
scheduled for this public holiday (Calendar Class Dates) will be rescheduled as per the table below.

This applies to all subjects taught in T319.

Please see the table below and adjust your class timing as required. Please make sure you have
arrangements in place to attend the rescheduled classes if applicable to your T319 enrolment.

Classes will be conducted at the same time and in the same location as your normally scheduled
class except these classes will be held on the date shown below.

Calendar Class Date Rescheduled Class Date

Monday 27 January 2020 (Week 11) Monday 10 February 2020 (Week 13) (Study Review Week)

2.6 Review of Grade, Deferred Exams & Supplementary Exams/Assessments

Review of Grade:

There may be instances when you believe that your final grade in a subject does not accurately reflect
your performance against the subject criteria. Section 8 of the Assessment and Assessment Appeals
Policy (www.koi.edu.au) describes the grounds on which you may apply for a Review of Grade.

If this happens and you are unable to resolve it with the Academic staff concerned then you can apply
for a formal Review of Grade within the timeframes indicated in the following sections of this subject
outline - Supplementary Assessments, 3.6 Appeals Process as well as the Assessment and
Assessment Appeals Policy. Please ensure you read the Review of Grade information before
submitting an application.

Review of Grade Day:

KOI will hold the Review of Grade Day for all subjects studied in T319 on

Friday 06 March 2020

Only final exams will be discussed as all other assessments should have been reviewed during the
trimester.

If you fail one or more subjects and you wish to consider applying for a Review of Grade you MUST
attend the Review of Grade Day. You will have the chance to discuss your final exam with your
lecturer, and will be advised if you have valid reasons for applying for a Review of Grade (see Section
3.6 below and Assessment and Assessment Appeals Policy).

If you do not attend the Review of Grade Day you are considered to have accepted your results for
T319.

Deferred Exams:

If you wish to apply for a deferred exam, you should submit an Application for Assignment Extension
or Deferred Exam Form before the prescribed deadline.

If you miss your mid-trimester or final exam there is no guarantee you will be offered a deferred exam.

You must apply within the stated timeframe and satisfy the conditions for approval to be offered a
deferred exam (see Section 8.1 of the Assessment and Assessment Appeals Policy and the
Application for Assignment Extension or Deferred Exam Forms). In assessing your request for a
deferred exam, KOI will take into account the information you provide, the severity of the event or
circumstance, your performance on other items of assessment in the subject, class attendance and
your history of previous applications for special consideration.

Deferred mid-trimester exams will be held before the end of week 9. Deferred final exams will be held
on two days during week 1 or 2 in the next trimester. You will not normally be granted a deferred
exam on the grounds that you mistook the time, date or place of an examination, or that you have
made arrangements to be elsewhere at that time; for example, have booked plane tickets.

If you are offered a deferred exam, but do not attend you will be awarded 0 marks for the exam. This
may mean it becomes difficult for you to pass the subject. If you apply for a deferred exam within the
required time frame and satisfy the conditions you will be advised by email (to your KOI student email
address) of the time and date for the deferred exam. Please ensure that you are available to take the
exam at this time.

Marks awarded for the deferred exam will be the marks awarded for that item of assessment towards
your final mark in the subject.

Supplementary Assessments (Exams and Assessments):

A supplementary assessment may be offered to students to provide a final opportunity to demonstrate

successful achievement of the learning outcomes of a subject. Supplementary assessments are only
offered at the discretion of the Board of Examiners. In considering whether or not to offer a
supplementary assessment, KOI will take into account your performance on all the major assessment
items in the subject, your attendance, participation and your history of any previous special
considerations.

Students are eligible for a supplementary assessment for their final subject in a course where they fail
the subject but have successfully completed all other subjects in the course. You must have
completed all major assessment tasks for the subject and obtained a passing mark on at least one of
the major assessment tasks to be eligible for a supplementary assessment.

If you believe you meet the criteria for a supplementary assessment for the final subject in your
course, but have not received an offer, complete the “Complaint, Grievance, Appeal Form” and send
your form to reception@koi.edu.au. The deadline for applying for supplementary assessment is the
Friday of the first week of classes in the next trimester.

If you are offered a supplementary assessment, you will be advised by email to your KOI student
email address of the time and due date for the supplementary assessment – supplementary exams
will normally be held at the same time as deferred final exams during week 1 or week 2 of the next
trimester.
You must pass the supplementary assessment to pass the subject. The maximum grade you can
achieve in a subject based on a supplementary assessment is a PASS grade.

If you:
o are offered a supplementary assessment, but fail it;
o are offered a supplementary exam, but do not attend; or
o are offered a supplementary assessment but do not submit by the due date;
you will receive a FAIL grade for the subject.

2.7 Teaching Methods/Strategies

Briefly described below are the teaching methods/strategies used in this subject:

o On-campus lectures (2 hours/week) are conducted in seminar style and address the subject
content, provide motivation and context and draw on the students’ experience and preparatory
reading.
o Tutorials (2 hours/week) include class discussion of case studies and research papers, practice
sets and problem-solving and syndicate work on group projects. Tutorial participation is an
essential component of the subject and contributes to the development of graduate attributes (see
section 2.2 above). It is intended that specific tutorial material such as case studies, recommended
readings, review questions etc. will be made available each week in Moodle.
o Online teaching resources include class materials, readings, model answers to assignments and
exercises and discussion boards. All online materials for this subject as provided by KOI will be
found in the Moodle page for this subject. Students should access Moodle regularly as material
may be updated at any time during the trimester
o Other contact - academic staff may also contact students either via Moodle messaging, or via email
to the email address provided to KOI on enrolment.

2.8 Student Assessment

Provided below is a schedule of formal assessment tasks and major examinations for the subject.

Assessment Type When assessed Weighting Learning

Outcomes
Assessed

Assessment 1:
Mid trimester test
Week 6 20% a, b, c
closed book
(1 hour)

Report due week 10

Weekly in-class
Assessment 2: Weekly progress report: from
progress report 5%
Group assignment with week 7 to week 9
Group report 10% a, b, c, d
weekly individual Presentation materials:
Presentation 15%
component week 10
Total 30%
Presentations week:11

Assessment 3:
Final examination Final exam period 50% a, b, c, d
(3 hours)

Requirements to Pass the Subject:

To gain a pass or better in this subject, students must gain a minimum of 50% of the total available
subject marks.
2.9 Prescribed and Recommended Readings
Provided below, in formal reference format, is a list of the prescribed and recommended readings.

Prescribed Text:

Rankin, M., 2017. Contemporary issues in accounting. 2nd ed. Milton, Qld.: John Wiley & Sons.
Available from: ProQuest EBook Central.

Recommended Readings:

Ball, R., 2013. Accounting informs investors and earnings management is rife: two questionable
beliefs. Accounting Horizons, 27(4), pp. 847-853. Available from: EBSCO Databases.

Bertomeu, J. and Cheynel, E., 2013. Toward a positive theory of disclosure regulation: in search of
institutional foundations. The Accounting Review, 88(3), pp. 789-824. Available from: EBSCO
Databases.

Clarke, F., and Dean, G., 2014. Corporate collapse: regulatory, accounting and ethical failure.
Accounting and Regulation, January 2014 pp. 9-29.

Deegan, C., 2016. Financial accounting. 8th ed. McGraw-Hill Education, North Ryde, NSW.

Gray, R., 2016. Reading for displeasure – why bother with social reporting at all? Social and
Environmental Accountability Journal. Vol. 36, Issue 2, pp.153-161.

Loftus, J., 2018. Financial reporting. 2nd ed. Wiley, Melbourne. Available from: ProQuest
EBook Central.

Luke, B., 2016. Measuring and reporting on social performance: from numbers and narratives to a
useful reporting framework for social enterprises. Social and Accountability Journal,
Vol 36 103-123.

Joshi, S. and Li, Yue., 2016 What is corporate sustainability and how do firms practice it? A
management accounting research perspective. Journal of Management Accounting Research,
Summer 2016, Vol. 28, No. 2, pp. 1-11. Available from: EBSCO Databases.

Solomon, J., 2014. Corporate governance and accountability. 4th ed. Australia: John Wiley and Sons.

Thomson, I., 2014. Responsible social accounting communities, symbolic activism and the reframing of
social accounting. A commentary on new accounts: towards a reframing of social accounting.
Accounting Forum. Vol.38. no.4 pp. 274-277. Available from:
https://research.birmingham.ac.uk/portal/files/25998606/ACCFOR_D_13_00052R1_1_.pdf

Van Akkeren, J., Buckby, S. and MacKenzie. K., 2013. A metamorphosis of the traditional accountant:
an insight into forensic accounting services in Australia. Pacific Accounting Review, 25(2),
pp. 188-216.

Van Dijk, A., Mount, R., Gibbons, P., Vardon, M. and Canadell, P., 2014. Environmental reporting and
accounting in Australia: progress, prospects and research priorities. Science of The Total
Environment, 473 December 2013, pp. 338-349.

Williams, P. F. and Ravenscroft, S. P., 2014. Rethinking decision usefulness.

Contemporary Accounting Research, 32(2), pp. 763-788.

References available from EBSCOhost research databases:

o Accounting and Finance

o Australasian Accounting, Business and Finance Journal
o Journal of Financial and Quantitative Analysis
o Review of Accounting Studies
 Recommended references:

o Accounting, Auditing & Accountability Journal

o Accounting Research Journal
o Australian Accounting Review
o Australian Journal of Accounting Education
o Contemporary Accounting Research
o In The Black
o Journal of Accounting and Economics
o Journal of Accounting and Public Policy
o Journal of Applied Research in Accounting and Finance

Useful Websites:

The following websites are useful sources covering a range of information useful for this subject..
However, most are not considered to be sources of Academic Peer Reviewed theory and research. If
your assessments require academic peer reviewed journal articles as sources, you need to access
such sources using the Library database, Ebscohost, or Google Scholar. Please ask in the Library if
you are unsure how to access Ebscohost. Instructions can also be found in Moodle.

o AASB Exposure Draft http://www.aasb.gov.au/admin/file/content105/c9/ACCED264_06-15.pdf

o Chartered Accountants Australia and New Zealand www.charteredaccountants.com.au/
o Chartered Accountants Australia and New Zealand News and Analysis
https://www.charteredaccountantsanz.com/news-and-analysis
o CPA Australia www.cpaaustralia.com.au
o IFRS Conceptual Framework http://www.ifrs.org/current-projects/iasb-projects/conceptual-
framework/Pages/Conceptual-Framework-Summary.aspx
o Institute of Public Accountants www.publicaccountants.org.au/
o Proactive Accountants Network http://proactiveaccountants.net/

3. Assessment Details
3.1 Details of Each Assessment Item

The assessments for this subject are described below. The description includes the type of
assessment, its purpose, weighting, due date and submission requirements, the topic of the
assessment, details of the task and detailed marking criteria, including a marking rubric for essays,
reports and presentations. Supplementary assessment information and assistance can be found in
Moodle.

KOI expects students to submit their own original work in both assignments and exams, or the original
work of their group in the case of group assignments. Material in assignments which comes from the
work of others must be appropriately acknowledged.

Assessment 1

Assessment Type: Mid trimester test – individual assessment – closed book. No electronic aids will be
permitted.

Purpose: To revise and reinforce subject content taught up to and including week 5. This assessment
contributes to learning outcomes a, b, and c.

Value: 20% Due Date: Week 6

Topic: Subject content weeks 1 – 5 inclusive

Task Details: Students will be expected to answer short case study and 10 multiple choice questions
applying the subject theory and models to given situations, analysing the issues, identifying the
problems and developing supported solutions/recommendations.
Assessment 2

Assessment Type: Group Assignment - Report and Video Presentation. All members of the group will
be assessed equally on the group presentation (see marking below). Group members must be
confirmed with your tutor and must include 3-4 people.

Purpose: To allow students to demonstrate the application of knowledge and skills acquired in the
subject. It also allows students to further develop teamwork skills that are expected in a modern
professional accounting practice. This assessment relates to learning outcomes a, b, c and d.

Value: Weekly progress report (individual mark) 5%

Group report (Group mark) 10%
Group presentation (Group mark) 15%
Total value 30%

Due Date: Report and Presentation material submissions – Week 10 – all groups - hard copy to the
lecturer / tutor at beginning of class. Presentation Week 11 – specific times will be allocated in class.

Submission: Group report – One copy per group to be uploaded to the KOI Moodle subject homepage
by 5.00 pm Monday of Week 10. Only one student per group is to upload the report.

Presentation Video – electronic copy of the video and hard copy of the video content summary to the
lecturer / tutor in class beginning of class Week 10 – all groups. Each student must have contributed
in presenting the material. Students who do not present in the video presentation and students who
do not answer questions from the lecturer / tutor will receive no mark. Presentation – video
presentation in class week - 11 – specific times will be allocated in class.

Topic: Identify and apply theories and models in accounting to a current topical issue related to a
corporation of your choice from a list of corporations provided (note approval must be sought from
your lecturers and tutors). You are required to demonstrate your understanding of your chosen
accounting theories to matter current to the approved corporation by reference to published material
from the corporation and other related sources.

Task Details: Choose a firm from a list of corporations provided by your lecturer / tutor, then find a
news piece related to your chosen firm’s issues. Pick one of the following issues: Corporate Social
Responsibility (CSR) or Capital Market Reactions (CMR). Identify and rationalise with appropriate
accounting theories, the motive, effectiveness and impact of the firm’s CSR/CMR disclosures in
addressing these issues. Based on the case findings, groups must make recommendations on
CSR/CMR reporting at the corporation level as well as at regulatory level. Emphasis must be given to
effectiveness of CSR/CMR disclosures.

Group Presentation: Groups are to present their analysis and findings/ conclusions in a professional 5
(five)-minute video presentation. Presentations should be a critical analysis covering the main theory
elements of the course – not just presenting a factual story – reference to corporate reports and other
material is encouraged. Information can be covered in any order in the presentation, but should
contain elements of the course. It is strongly recommended that groups prepare their presentations
well in advance of the presentation date, and make some effort to review their video presentation.
This will improve the presentation overall, and give groups a chance to improve and time manage
their presentations. Videos may be prepared using any available platform such as iMovie,
MovieMaker, Prezi and others. Students are reminded that extensive use of third-party video materials
in their video presentations may increase the risk of plagiarism.

Research Requirements: Students need to support their analysis with references from the text and a
minimum of ten (10) suitable, reliable, current and academically acceptable sources – check with your
tutor if unsure of the validity of sources. Groups seeking Credit or above grades should support their
analysis with increased number of reference sources comparable to the grade they are seeking.

Weekly Progress Report: Your lecturer / tutor will assign each student and group specific weekly
targets. All students must demonstrate to their lecturer / tutor each week (weeks 7 to 9) that their
tasks are on schedule. The purpose is to ensure students do not leave the task till the last minute.

Group Report: 2500 + 10% word report format – Word .doc or .docx. Title page, executive summary,
table of contents, appropriate headings and sub-headings, recommendations/findings/conclusions, in-
text referencing and reference list (Harvard – Anglia style), attachments if relevant. Single spaced,
font Times New Roman 12pt.

Video Presentation: 5-minute video presentation in class supported by appropriate visual aids.
Presentations will be timed – groups going over 5 minutes will be asked to stop - this will affect marks,
as will presentations that are too short (under 4 minutes) or too long (over 6 minutes). All group
members must participate.

Marking Guide:

Weekly Progress Report 5%

Students are required to view and keep a log for submission of at least 10 videos from the YouTube
Channel link for Top Videos. This must be provided to your tutor prior to week 10.

https://www.youtube.com/channel/UCdH4uRjG4FrwYkmSC7BGHUg?view _as=subscriber

Please subscribe to the channel and then click on the bell symbol for notifications as videos are
constantly being uploaded to the channel. As a record of your weekly progress report you will be
expected to view and post comments on the videos you have viewed.

Group report: 10%

Research – extent and application 30%
Analysis 30%
Recommendations/conclusions 20%
Report content 20%.
Total mark will be scaled to a mark out of 10 subject marks.

Group Presentation: 15%

A group mark will be given for the team component of the presentation and a mark will be scaled to a
mark out of 15 subject marks. Detailed marking guides are in the following rubric.
Research – extent and application 30%
Analysis 30%
Recommendations/conclusions 20%
Video content 20%.
Total mark will be scaled to a mark out of 15 subject marks.

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*AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: 72 132 629 979 CRICOS 03171A

Approved by KOI Academic Board for T3

ACC706
Marking Rubric for ACC706 Accounting Theory and Issues (Assignment 2 Group Report and Weekly Progress Report)
Fail
Criteria (0 – 49%)
Research – extent and Inaccurate, inappropriate
application or no use of literature.
Analysis not developed.
No original explanations
Value 30% provided.
Mark awarded
Analysis of the Poor evaluation.
organisation Significant gaps in
knowledge of the theory
Value 30% and lack of understanding
Mark awarded of company’s capabilities.
No analysis provided.
Disjointed or no
discussion.
Recommendations / Few or no
conclusions recommendations made /
no justification.
Value 20% Any recommendations
Mark awarded made are not supported or
are inaccurate.
Report Content Referencing is absent / not
systematic / incorrect
Value 20%
Mark awarded
Weekly Progress Report Student does not submit
Assessment Mark /5 log of videos
Total mark out of 100 Comments:
for group report
Assessment mark /10
ACC706 ACCOUNTING THEORY AND ISSUES T319 22/10/2019 16:57
*AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD ©
Pass
(50 – 64%)
Minimum number of sources, not all
current or relevant.
Paraphrasing used throughout but not
always accompanied by original
explanations.
Theory relevant but not always linked
to analysis.
Simple discussion of areas of strength
and weakness in the organisation’s
capabilities.
Work reflects limited engagement with
organisational context or relevant
theory.
Not all aspects of task completed In
sufficient detail.
Most aspects of the task completed
but assessment lacks cohesion.
Some recommendations made / not
well linked to the results of the
evaluation or relevant theory.
Acceptable content – obvious errors
demonstrating lack of attention to
detail.
Some attempt at referencing but
obvious errors
Students submits weekly progress
report however required number and
comments not achieved
Total mark out of 100
Approved by KOI Academic Board for T3
Credit
(65 – 74%)
Good selection of theory from a
range of sources to build and
adequately justifies analysis.
Paraphrasing used throughout
but accompanied by original
explanations
Identifies and discusses areas of
strength and weakness in the
organisation’s capabilities.
Discussion of some relevant
issues in theory and
organisational content in
evaluation.
All aspects of the task completed
– some cohesion.
Good recommendations made,
linked to the evaluation results /
may not be linked back
systematically to relevant theory
Good content overall but some
obvious errors.
Referencing is mainly accurate
Students submits weekly
progress report and a majority of
required number and comments
achieved
Comments:
ABN: 72 132 629 979
Distinction
(75 – 84%)
Insightful and appropriate selection of
theory from a good range of current
and relevant sources to systematically
build and justify analysis.
Minimum paraphrasing
Identifies and clearly explains
areas of strength and weakness in the
organisation’s capabilities.
Links to organisational context and
relevant theory in evaluation.
All aspects of the task completed with
minimal errors in cohesion
Very good recommendations made,
linked to the evaluation. Theory used
systematically to justify
recommendations and discuss
enhancement of the organisation’s
capabilities
Professional content– minor errors in
some elements.
Correct referencing throughout
Students submits weekly progress
report and most required number and
comments achieved
Total mark out of 100
High Distinction
(85 – 100%)
Integration and originality in the
selection and handling of relevant
theory to build and justify analysis.
Wide range of current and relevant
sources integrated in systematic way.
Identifies and insightfully discusses
areas of strength and weakness in the
organisation’s capabilities.
Strong links to organisational context
and relevant theory in evaluation.
All aspects of the task completed in a
comprehensive and cohesive manner
Excellent recommendations made,
linked to the evaluation.
Theory used in insightful way to justify
recommendations and discuss
enhancement of the organisation’s
capabilities
Highly professional content – satisfies
all the elements for an exceptional
report.
Correct referencing throughout
Students submits weekly progress
report and required number and
comments achieved
Comments:
PAGE 11 OF 15
CRICOS 03171A
Marking Rubric for ACC706 Accounting Theory and Issues (Assignment 2 Presentation)

Fail Pass Credit Distinction High Distinction

Criteria (0 – 49%) (50 – 64%) (65 – 74%) (75 – 84%) (85 – 100%)
Research – extent and Inaccurate, inappropriate Minimum number of sources, not all Good selection of theory from a Insightful and appropriate selection of Integration and originality in the
application or no use of research current or relevant. range of sources to build and theory from a good range of current selection and handling of relevant
materials. Analysis not Material not always accompanied by adequately justifies analysis to and relevant sources to systematically theory to build and justify analysis in
Value 30% developed. original explanations. content in the video. build and justify analysis in the video. the video.
Mark awarded No original explanations Theory not always linked to analysis. Research accompanied by Minimum paraphrasing Wide range of current and relevant
provided. original explanations sources integrated in systematic way.
Analysis of the Poor evaluation. Simple discussion of areas of strength Identifies and discusses areas of Identifies and clearly explains Identifies and insightfully discusses
organisation Significant gaps in and weakness in the organisation’s strength and weakness in the areas of strength and weakness in the areas of strength and weakness in the
knowledge of the theory capabilities. organisation’s capabilities. organisation’s capabilities. organisation’s capabilities.
Value 30% and lack of understanding Work reflects limited engagement with Discussion of some relevant Links to organisational context and Strong links to organisational context
Mark awarded of company’s capabilities. organisational context or relevant issues in theory and relevant theory in evaluation. and relevant theory in evaluation.
No analysis provided. theory. organisational content in All aspects of the task completed with All aspects of the task completed in a
Disjointed or no Not all aspects of task completed In evaluation. minimal errors in cohesion comprehensive and cohesive manner
discussion. sufficient detail. All aspects of the task completed
Most aspects of the task completed – some cohesion.
but assessment lacks cohesion.
Recommendations / Few or no Some recommendations made / not Good recommendations made, Very good recommendations made, Excellent recommendations made,
conclusions recommendations made / well linked to the results of the linked to the evaluation results / linked to the evaluation. Theory used linked to the evaluation.
no justification. evaluation or relevant theory. may not be linked back systematically to justify Theory used in insightful way to justify
Value 20% Any recommendations systematically to relevant theory recommendations and discuss recommendations and discuss
Mark awarded made are not supported or enhancement of the organisation’s enhancement of the organisation’s
are inaccurate. capabilities capabilities
Video content Content is absent / not Acceptable content – obvious errors Good content overall but some Professional content– minor errors in Highly professional content – satisfies
systematic / incorrect demonstrating lack of attention to obvious errors. some elements. all the elements for an exceptional
Value 20% detail. Critical application is mainly Correct critical application throughout video.
Mark awarded Some attempt at critical application accurate Correct critical application throughout
but obvious errors

Total mark out of 100 Comments: Total mark out of 100 Comments: Total mark out of 100 Comments:
for presentation

Assessment mark
/15

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Assessment 3

Assessment type: Final Exam – individual assessment – closed book. Students should bring a non-
programmable calculator to the exam. No other electronic or other aids will be permitted.

Purpose: The purpose of the final examination is to test your understanding of subject concepts and
your ability to apply these concepts. The examination may cover materials used in tutorials, class
discussions and/or from the readings. This assessment contributes specifically to learning outcomes
a, b and c.

Value: 50% Due Date: The final exam will be held in the official KOI exam period in Week
14 of the trimester. The specific date and time will be posted towards the end
of the trimester.

Topic: The examination may cover content from any part of the entire subject.

Task Details: The exam will contain a series of short and/or long answer questions where students will
be expected to apply subject theory and models to given situations, identifying issues and proposing
supported solutions/recommendations. Further information may be provided during the trimester.

3.2 Late Penalties and Extensions

An important part of business life and key to achieving KOI’s graduate outcome of Professional Skills
is the ability to manage workloads and meet deadlines. Consequently, any assessment items such as
in-class quizzes and assignments missed or submitted after the due date/time will attract a penalty
(see below).

Students who miss mid-trimester tests and final exams without a valid and accepted reason (see
below) may not be granted a deferred exam and will be awarded 0 marks for assessment item. These
penalties are designed to encourage students to develop good time management practices, and
create equity for all students.

Any penalties applied will only be up to the maximum marks available for the specific piece of
assessment attracting the penalty.

Late penalties, granting of extensions and deferred exams are based on the following:

In Class Tests (excluding Mid-Trimester Tests)

o No extensions permitted or granted – a make-up test may only be permitted under very special
circumstances where acceptable supporting evidence is provided. The procedures and timing to
apply for a make-up test (only if available) are as shown in Section 3.3 Applying for an
Extension (below).
o Missing a class test will result in 0 marks for that assessment element unless the above applies.

Written Assessments

o 5% of the total available marks per calendar day unless an extension is approved (see Section 3.3
below)

Presentations

o No extensions permitted or granted – no presentation = 0 marks. The rules for make-up

presentations are the same as for missing in-class tests (described above).

Mid-Trimester Tests and Final Exams

o If students are unable to attend mid-trimester tests or final exams due to illness or some other
event (acceptable to KOI), they must:

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 Advise KOI in writing (email: academic@koi.edu.au) as soon as possible, but no later than
three (3) working days after the exam date, that they will be / were absent and the reasons.
They will be advised in writing (return email) as to whether the circumstances are
acceptable.
 Complete the appropriate Application for Extension or Deferred Exam Form available from the
Student Information Centre in Moodle, on the KOI Website (Policies and Forms) and the
Reception Desk (Market St and Kent St), as soon as possible and email with attachments to
academic@koi.edu.au.
 Provide acceptable documentary evidence in the form of a satisfactorily detailed medical
certificate, police report or some other evidence that will be accepted by KOI.
 Agree to attend the deferred exam as set by KOI.

Deferred exam

o There will only be one deferred exam offered.

o Marks awarded for the deferred exam will be the marks awarded for that assessment.
o If you miss the deferred exam you will be awarded 0 marks for the assessment. This may mean
you are unable to complete (pass) the subject.

3.3 Applying for an Extension

If students are unable to submit or attend an assessment when due, and extensions are possible, they
must apply by completing the appropriate Application for Extension form available from the Student
Information Centre in Moodle, the KOI Website (Policies and Forms) and the Reception Desk (Market
St and Kent St), as soon as possible but no later than three (3) working days of the assessment due
date.

The completed form must be emailed with supporting documentation to academic@koi.edu.au.

Students and lecturers / tutors will be advised of the outcome of the extension request as soon as
practicable.
Appropriate documentary evidence to support the request for an extension must be supplied. Please
remember there is no guarantee of an extension being granted, and poor organisation is not a
satisfactory reason to be granted an extension.

3.4 Referencing and Plagiarism

Please remember that all sources used in assessment tasks must be suitably referenced.
Failure to acknowledge sources is plagiarism, and as such is a very serious academic issue. Students
plagiarising run the risk of severe penalties ranging from a reduction through to 0 marks for a first
offence for a single assessment task, to exclusion from KOI in the most serious repeat cases.
Exclusion has serious visa implications. The easiest way to avoid plagiarising is to reference all
sources.

Harvard referencing is the required method – in-text referencing using Author’s Surname (family
name) and year of publication. A Referencing Guide, “Harvard Referencing”, and a Referencing
Tutorial can be found on the right hand menu strip in Moodle on all subject pages.

An effective way to reference correctly is to use Microsoft Word’s referencing function (please note
that other versions and programs are likely to be different). To use the referencing function, click on
the References Tab in the menu ribbon – students should choose Harvard.

Authorship is also an issue under plagiarism – KOI expects students to submit their own original work
in both assessment and exams, or the original work of their group in the case of a group project. All
students agree to a statement of authorship when submitting assessments online via Moodle, stating
that the work submitted is their own original work.

The following are examples of academic misconduct and can attract severe penalties:

o Handing in work created by someone else (without acknowledgement), whether copied from
another student, written by someone else, or from any published or electronic source, is fraud,
and falls under the general Plagiarism guidelines.

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o Copying / cheating in tests and exams is academic misconduct. Such incidents will be treated just
as seriously as other forms of plagiarism.
o Students who willingly allow another student to copy their work in any assessment may
be considered to assisting in copying/cheating, and similar penalties may be applied.

Where a subject coordinator considers that a student might have engaged in academic misconduct,
KOI may require the student to undertake an additional oral exam as a part of the assessment for the
subject, as a way of testing the student’s understanding of their work.

Further information can be found on the KOI website.

3.5 Reasonable Adjustment

The Commonwealth Disability Discrimination Act (1992) makes it unlawful to treat people with a
disability less fairly than people without a disability. In the context of this subject, the principle of
Reasonable Adjustment is applied to ensure that participants with a disability have equitable access to
all aspects of the learning situation. For assessment, this means that artificial barriers to their
demonstrating competence are removed.

Examples of reasonable adjustment in assessment may include:

o provision of an oral assessment, rather than a written assessment
o provision of extra time
o use of adaptive technology.

The focus of the adjusted assessment should be on enabling the participants to demonstrate that they
have achieved the subject purpose, rather than on the method used.

3.6 Appeals Process

Full details of the KOI Assessment and Assessment Appeals Policy may be obtained in hard copy
from the Library, and on the KOI website www.koi.edu.au under Policies and Forms.

Assessments and Mid-Trimester Exams:

Where students are not satisfied with the results of an assessment, including mid-trimester exams,
they have the right to appeal. The process is as follows:

o Discuss the assessment with their tutor or lecturer – students should identify where they feel more
marks should have been awarded – students should provide valid reasons based on the marking
guide provided for the assessment. Reasons such as “I worked really hard” are not considered
valid.
o If still not satisfied, students should complete an Application for Review of Assessment Marks
form, detailing the reason for review. This form can be found on the KOI website and is also
available at KOI Reception (Market St and Kent St).
o Application for Review of Assessment Marks forms must be submitted as explained on the form
within ten (10) working days of the return of the marked assessment, or within five (5) working
days after the return of the assessment if the assessment is returned after the end of the
trimester.

Review of Grade – whole of subject and final exams:

Where students are not satisfied with the results of the whole subject or with their final exam results,
they have the right to request a Review of Grade – see the Assessment and Assessment Appeals
Policy for more information.

An Application for Review of Grade/Assessment Form (available from the KOI Website under
Policies and Forms and from KOI Reception, Market St and Kent St) should be completed clearly
explaining the grounds for the application. The completed application should be submitted as
explained on the form, with supporting evidence attached, to the Academic Manager.