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School of Accountancy

Undergraduate Handbook Albany Manawatu Wellington

2013

Foreword

I have the pleasure in welcoming you to the School of Accountancy and introducing our undergraduate handbook for study in Accountancy and Business Law. The School of Accountancy provides a wide range of programmes and papers that are relevant to many future career options and opportunities. Students have the option of studying by distance learning or internally, at the Manawatu, Albany or Wellington Campuses. We offer the Bachelor of Accountancy (BAcc) degree, the Accountancy major in the Bachelor of Business Studies (BBS) degree, and a number of endorsements for the Graduate Diploma in Business Studies. The range of papers offered covers the major sectors of the New Zealand economy including Professional Accountancy. The School programmes are accredited by prestigious professional bodies in New Zealand and overseas, for example, the New Zealand Institute of Chartered Accountants (NZICA), CPA Australia, the Chartered Institute of Management Accountants (CIMA), and the Association of Chartered Certified Accountants (ACCA).

This booklet describes the undergraduate papers and courses offered by the School of Accountancy in 2013.

Professor Fawzi Laswad Head of School School of Accountancy

Disclaimer

The information contained in this publication is indicative of offerings available in 2013 and subsequent years. This information is correct as of 1

st November 2013 but may be subject to

change. While all reasonable efforts will be made to ensure listed papers and programmes are offered and regulations are up to date, the University reserves the right to change the content or method of presentation, or to withdraw any course of study, or impose limitations on enrolments should circumstances require this.

Contents

Introduction ........................................................................................................................... 1

Selecting a Relevant Year for Your Programme of Study ....................................................... 1

Degree Programmes ............................................................................................................. 3

Bachelor of Accountancy (BAcc) ........................................................................................ 3

Accountancy Major in the Bachelor of Business Studies (BBS) ........................................... 5

Double Degrees .................................................................................................................... 6

Graduate Diploma in Business Studies .................................................................................. 6

Completing a BBS or BAcc Degree and a GradDipBusStuds ................................................. 7

Diploma in Business Studies.................................................................................................. 7

Certificate in Business Studies ............................................................................................... 8

Course Loads ........................................................................................................................ 8

Choosing Elective Papers ...................................................................................................... 9

About the School’s Papers ................................................................................................... 10

Summary of Undergraduate Papers Offered in 2013 ........................................................ 10

Professional Membership .................................................................................................... 55

NZICA .............................................................................................................................. 55

CPA Australia................................................................................................................... 57

The Chartered Institute of Management Accountants (CIMA)............................................ 57

The Association of Chartered Certified Accountants (ACCA) ............................................ 58

School Staff ......................................................................................................................... 59

Programme Planner for 2013 BBS Accountancy Major ........................................................ 61

1

Introduction

This booklet is to assist you with planning your studies and offers our best advice with regard to choosing papers for 2013. The information provided in the booklet is, to our knowledge, accurate but unfortunately, unforeseen events, such as staff changes, may force us to alter our plans and arrangements. We will, however, do our best to keep you informed of any changes that we are obliged to make.

Selecting a Relevant Year for Your

Programme of Study

In order to graduate, you must be able to show that you have met the requirements of a set of regulations for a specific year in which you were enrolled for the degree/diploma. This year becomes your “relevant year”. Once you have determined your “relevant year”, you should keep a copy of that year’s regulations on file so that you can refer to it each time you enrol in papers or change your enrolment. It will provide the focus for your future study.

Frequently, a student’s ”relevant year” is his/her first year of study. If you are enrolling for the first time, make sure you keep a copy of the current year’s regulations.

If you are a returning student and have not already done so, you should identify your “relevant year” as soon as possible.

Even if you already have an idea as to which year’s regulations you are following, you should (because of the number of changes made in recent years) take time now to reassure yourself that you are on track for completion.

Steps to Follow to Determine Your ”Relevant Year”

1. Identify the years that you have been enrolled for the degree/diploma.

2. Get copies of the regulations for the years that you believe are the best options for you.

The core requirements may have a big influence on which years of the BBS degree you consider. The 2007-2013 BBS regulations and Accountancy majoring requirements are covered on pages 5 and 6 of this booklet. Earlier years’ regulations and majoring requirements may be obtained from the School of Accountancy’s Programme Support Administrator. However, it is not recommended that you go back too far because of the changes to papers and course content which sometimes prevent us from offering an “equivalent” paper.

The regulations and endorsement requirements for the Graduate Diploma in Business

Studies prior to 2013 can be obtained from the Massey University Calendar for the appropriate year.

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3. The “relevant year” is determined by identifying the regulations that your current and completed papers fit into the best. Considerations for “best fit” are:

Whether you will have to complete additional papers to meet a particular year’s requirements (for example, 2007’s BBS core papers);

Whether you will have to complete well in excess of the minimum credits for the degree/diploma because of the required papers in that particular year’s regulations and the effect the changes to the credit value have had; or

Whether you have completed papers that are not required in a particular year.

4. You may find that you could complete under more than one set of regulations without

being disadvantaged in any way. Which year should you choose? In this case, you are best to choose the most recent year. By doing so, you will probably simplify completion by avoiding or minimising the problems of:

Papers (or their equivalents) not being available in the future;

Pre- or co-requisites changing; and

Changes to the semester a paper is taught in.

3

Degree Programmes

Bachelor of Accountancy (BAcc)

Since 2003, Massey University has offered the degree of Bachelor of Accountancy (BAcc). It is a highly specialised degree, identifying you as having expertise in Accountancy. It is the degree for students who wish to specialise as accountants and seek professional memberships, e.g., NZICA membership. The BAcc consists of papers totalling at least 360 credits as follows: Compulsory papers (285 credits)

115.101, 115.102, 115.103, 115.105, 115.106, 115.107, 115.108.

110.109, 110.209, 110.229, 110.249, 110.279, 110.289, 110.303.

125.230, 155.203, 155.210.

One paper from either 219.202 or 219.203.

One paper from either 156.200 or 156.231.

Elective papers (75 credits)

60 credits (four papers) from 110.309, 110.329, 110.349, 110.379, 110.389, 125.320 or 125.330, including 30 credits (two papers) from 110.309, 110.329 or 110.379.

15 credits (one approved paper) at the 200-level or 300-level with a prefix selected from 114, 125, 127, 152, 153, 155, 156, 157, 178.

NZICA Academic Requirements with regard to BAcc Graduates Students who are upgrading to the 2012 schedule will not be required to complete a fourth year of study, but will undertake the new Chartered Accountants Programme. Students completing under earlier years schedule should seek advice from the NZICA Please read the NZICA Membership section on pages 55-56 of this handbook. Further advice on the selection of papers can be obtained from the School of Accountancy website or from the Programme Support Administrator.

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A Suggested Programme of Study for the BAcc The following table shows how your Bachelor of Accountancy study programme might look.

Notes: 1. Chosen from 110.309, 110.329, 110.349, 110.379, 110.389, 125.320 or 125.330, including 30 credits (2 papers) from 110.309, 110.329 and 110.379.

2. Either 219.202 or 219.203.

3. Either 156.200 or 156.231.

4. Chosen from 200- or 300- level with a prefix selected from 114, 125, 127, 152, 153, 155,

156, 157, 178.

Year 1 Year 2 Year 3

115.101 Statistics for Business

110.209 Intermediate Financial Accounting

110.303 Integrative Accounting

115.102 Accounting

110.229 Management Accounting

300-level Accounting Elective

1

115.103 Legal and Social Environment of Business

110.249 Accounting Information Systems


1

115.105 Fundamentals of Finance

110.279 Auditing


1

115.106 Economics

110.289 Taxation

300-level Accounting/Finance Elective

1

115.107 Management Information Systems

125.230 Business Finance

Communication

2

115.108 Organisations and Management

155.203 Law of Business Organisations

Marketing

3

110.109 Introductory Financial Accounting

155.210 Commercial Law

200/300-level

4

Business Elective

5

Accountancy Major in the Bachelor of Business Studies (BBS)

Degree Relevant Years 2011-2013

The BBS Accountancy major for the years 2011-2013 is very flexible and gives you the opportunity to choose other electives. You can also combine the Accountancy major with a major or minor offered by another school within the College of Business. Career options will be many and varied depending on the combination of papers you choose to take. Regulations for the BBS (Accountancy) degree prior to 2003 can be obtained from the School of Accountancy Programme Support Administrator. A programme planner for 2013 is provided on page 61 of this handbook.

2011-2012 2013 onwards**

Core BBS papers – 120 credits as follows:


115.102 Accounting 115.103 Legal and Social Environment of Business 115.104 Principles of Marketing 115.105 Fundamentals of Finance 115.106 Economics 115.107 Management Information Systems 115.108 Organisations and Management

Core BBS papers – 120 credits as follows:


115.102 Accounting 115.103 Legal and Social Environment of Business 115.104 Principles of Marketing 115.105 Fundamentals of Finance 115.106 Economics 115.107 Management Information Systems 115.108 Organisations and Management

Accountancy Major – 90 credits as follows:

110.209 Intermediate Financial Accounting 110.229 Management Accounting 110.303 Integrative Accounting 110.309 Advanced Financial Accounting

and one of:

110.249 Accounting Information Systems 110.279 Auditing 110.289 Taxation

and one of:

110.329 Advanced Management Accounting 110.349 Advanced Accounting Information Systems 110.379 Advanced Auditing 110.389 Advanced Taxation

Accountancy Major – 120 credits as follows:

110.109 Introductory Financial Accounting* 110.209 Intermediate Financial Accounting 110.229 Management Accounting 110.303 Integrative Accounting 110.309 Advanced Financial Accounting 110.329 Advanced Management Accounting

and one of:

110.249 Accounting Information Systems 110.279 Auditing 110.289 Taxation

and one of:

110.349 Advanced Accounting Information Systems 110.379 Advanced Auditing 110.389 Advanced Taxation

Elective Requirements – 150 credits including:

110.109 Introductory Financial Accounting* At least 30 credits at 300-level, including at least 15 credits from BBS Schedule. No more than 60 credits at 100-level (this includes 110.109, listed above). At least 30 credits from outside College of

Business.

Elective Requirements – 120 credits including:

At least 15 credits at 300-level. No more than 45 credits at 100-level.

* Students must include paper 110.109 in their first year of study as they require this paper to gain entry

into most of the 200-level accountancy papers. (110.230 Introductory Financial and Management Accounting can be used as a prerequisite for papers 110.209, 110.229, 110.249, 110.279 and 110.289.

However, 110.230 is primarily for students enrolled in the Graduate Diploma in Business Studies, not for

the BBS (Accountancy) and BAcc degree programmes.)

** Subject to CUAP approval.

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Warning

Double Degrees

Conjoint programmes for the Degree of Bachelor of Business Studies and either Bachelor of Science or Bachelor of Arts are offered at Massey University. The minimum number of credits you will need to complete a BBS/BSc or BBS/BA is 510*. Both the BBS and BA components consist of a total of at least 255 credits each whereas with the BBS/BSc, the split is BBS 270 credits, BSc 240 credits. Both programmes take a minimum of four years of study. Admission to these joint programmes requires the attainment in the previous year of study of a standard equivalent to a Grade Point Average (GPA) of at least 4.0. However, students may be admitted after they have completed papers to the value of at least 120 credits provided that they have obtained a GPA of at least 4.0 and have passed at least one paper from each component of the joint programme.

Graduate Diploma in Business Studies

The Graduate Diploma in Business Studies (GradDipBusStuds) is an undergraduate diploma designed for students who wish to develop new or additional professional skills to open up and enhance vocational possibilities. This Diploma may be completed in one year of full-time study, depending on prerequisites and sequencing, or over a longer period as part-time study. Details of the 2013 Diploma Regulations are outlined as below.

The GradDipBusStuds Basics

The GradDipBusStuds is made up of 120 credits of approved papers at the 200- and 300-levels from Parts II and III of the Schedule for the BBS Degree of the College of Business. No 100-level (first year) papers and not more than 60 credits at the 200-level may be included. Graduates may include 700-level papers. As normal prerequisite requirements must be met, you may need to

complete preliminary papers (possibly at 100-level) before enrolling in some of the papers for your Diploma. No 100-level papers can be credited to the Diploma.

The 2013 Endorsement Requirements

The Diploma may be awarded simply as the Graduate Diploma in Business Studies or with one of the many available endorsements. Students who have a clear intention to qualify for a particular endorsement must nominate this endorsement so the endorsement controller can check that all prerequisites in terms of papers and work experience are met. Two endorsements, namely, Accounting, Business Law and are available from the School of Accountancy. The requirements of these two endorsements are as follows:

* Students doing a double degree who wish to complete a BBS Accountancy major and include NZICA requirements

will need to complete extra credits.

7

Accounting (Contact person: Ms Nikki Batten)

90 credits that have a 110 prefix, with at least 45 of these credits at the 300-level;

30 credits, of which at least 15 must be at the 300-level, from papers in Parts II and III of the Schedule for the BBS Degree of the College of Business.

Email: [email protected]

Business Law (Contact person: Dr Matthew Berkahn)

At least 75 credits selected from 110.380, 110.389, 155.301, 155.313, 155.315 and 155.700

(Graduate status is required to take 155.700).

Up to 45 credits selected from 110.289, 134.220, 155.201, 155.203, 155.210 and 155.222.

Email: [email protected]

Notwithstanding Regulation 10 for the GradDipBusStuds, students are required to meet prerequisites for all papers except 110.230, which may be taken without a prerequisite.

Completing a BBS or BAcc Degree and a

GradDipBusStuds

Students may apply for cross credit of up to 45 credits at 200-level from the BBS degree to a GradDipBusStuds. In all cases, students must meet the relevant GradDipBusStuds endorsement requirements. Students with other Massey University degrees which include up to 45 credits at 200-level from the BBS degree (e.g., BAcc) will also be eligible for credit. Courses passed at other universities or for non-university qualifications will not be recognised for credit to the Graduate Diploma in Business Studies at Massey University, but could earn an exemption, which would mean passing an approved alternative paper.

Diploma in Business Studies

The Diploma in Business Studies (DipBusStuds) is made up of eight papers as follows:

Three (3) business papers at 200 level or higher;

Three (3) business papers at any level; and

Two (2) business or non-business papers at any level.

Note

mailto:[email protected]

http://www.massey.ac.nz/massey/learning/programme-course-paper/paper.cfm?paper_code=110.380













8

Remember

Certificate in Business Studies

The Certificate in Business Studies (CertBusStuds) is designed for students who want a formal University qualification, but who do not want to undertake a full degree programme. It is ideal for students who wish to pursue an interest in a particular subject area or who are studying a range of papers for personal interest. You must pass papers to a total of at least 60 credits. At least 45 must be taken from the Schedule for the Bachelor of Business Studies degree. Up to 15 credits may be taken from schedules for other undergraduate degrees.

Course Loads

The University has set a credit limit on student workloads. The maximum credits undergraduate students may take in Semester One, Semester Two and the Double Semester is 150 credits and not more than 75 credits per semester. A “normal” course load for a full-time student is 60 credits a semester or 120 credits a year. In practice: If you are completing a 360-credit degree, you would normally plan to complete 120 credits a year, 60 credits per semester. If, however, you wish to complete the BBS and GradDipBusStuds concurrently you could endeavour to complete in three years by taking the maximum 150 credits a year, 75 credits per semester. Alternatively, it may be possible to take up to 30 credits in Summer School depending on the papers being offered in any one year. When planning your study programme, you should try to balance your workload.

You need to think about the distribution of papers between semesters as well as across years. Furthermore, it is not advisable to leave all your 300-level papers until the last semester of your final year and it is useful to have some flexibility in your programme to allow for a change in mind.

9

Warning

Choosing Elective Papers

Advising you on which elective papers to choose is extremely difficult. After all, if we thought a particular paper was important and would benefit everyone, we would probably make it compulsory. On the other hand, the University would not offer papers that no-one was going to benefit from. Basically, you have to decide on a package that suits you; however, addressing the following questions may help you come to a decision. You cannot enrol in a paper for which you do not have the necessary prerequisite

or co-requisite papers. You should check the Paper Search engine on the Massey website, appropriate School Handbooks, the Distance Learning Handbook or the University Calendar, to find out whether a paper has prerequisite or co-requisite papers and what they are.

Questions to ask yourself:

Is there a subject that you are interested in or have enjoyed?

Are there papers that build on others you have enjoyed and found interesting?

Are there papers that link with particular interests you have?

Are there particular skills you want to acquire or develop? For example, some papers, through their assessment, put emphasis on oral presentations, written assignments and/or, computer assignments.

Which papers do you think you would perform well in?

Do the papers have a high or low internal assessment component?

Is it an area that you have strength in?

Is the lecturer someone to whom you relate well?

Which papers do you think will be of most use to you in the future? In this case, you may consider speaking to people who are working in positions similar to what you aspire to.

Do you wish to expand your general knowledge?

Does the paper offer something you have always wanted to learn more about?

Are there papers that will give breadth to your education?

Do you want to study internally or by distance learning?

How about the papers’ availability, semester offering, timetabling?

Will the paper(s) fit into your programme of study this year or next year?

Finally, think about how the papers are best worked into your personal study programme. Look at the cohesiveness of your total package of papers, keeping in mind that one day you may have to justify and defend your choice to a prospective employer.

10

About the School’s Papers

We include in this section a summary about the Accountancy and Business Law undergraduate papers available in 2013. Most papers have a credit value of 15 each. Special Topics at the 200- and 300-levels may be arranged through the Head of School but are subject to resources being available.

Summary of Undergraduate Papers Offered in 2013

Paper

Number

Paper Title Semester Offered Mode Offered

Internal Distance

Learning

110.011 Foundation Studies in Accounting

Semester 1 Manawatu

Semester 2 Manawatu

115.102 Accounting Semester 1 Albany Manawatu Wellington

Semester 2

Summer School


Semester 1

Semester 2 Albany Manawatu Wellington

Summer School


Semester 1 Albany Manawatu

Semester 2

110.229 Management

Accounting


Semester 2

110.230 Introductory Financial and Management Accounting

Semester 1

110.249 Accounting Information Systems


110.279 Auditing Semester 2 Albany Manawatu

110.289 Taxation Semester 2 Albany Manawatu

110.2/3xx

Special Topic Papers

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Paper

Number

Paper Title Semester Offered Mode Offered

Internal Distance

Learning

110.303 Integrative Accounting Semester 1


110.309 Advanced Financial Accounting


110.329 Advanced Management Accounting


110.349 Advanced Accounting Information Systems

Semester 2

110.379 Advanced Auditing Semester 2 Albany Manawatu

110.380 Estate and Tax Planning Semester 1

110.389 Advanced Taxation Semester 2 Albany Manawatu

115.103 Legal and Social Environment of Business

Semester 1 Albany

Semester 2

Albany Manawatu Wellington

Summer School

155.201 Law of Property Semester 2 Albany 155.203 Law of Business

Organisations Semester 2 Albany

Manawatu

155.210 Commercial Law Semester 1 Albany Manawatu

155.301 Employment Law Semester 1 155.313 Commercial

Transactions Contrary to Conscience

Summer School

155.315 Sport Law Semester 2

12

110.011 Foundation Studies in Accounting (for Certificate in Foundation Studies only)

Prescription The paper is an elective paper of study for students completing the Massey University Certificate in Foundation Studies or Certificate of University Preparation. A range of introductory accounting and legal topics are covered that will prepare students for entry into university level accounting and legal courses. This University Certificate Programmes are controlled by Centre for Professional and Continuing Education (PACE).

Prerequisites Nil Credits 15 Status for 2013 Semester One: Internal: Manawatu Semester Two: Internal: Manawatu Introduction The paper is an elective paper of study for students completing the Massey

University Certificate in Foundation Studies or Certificate of University Preparation. A range of introductory accounting and legal topics are covered that will prepare students for entry into university level accounting and legal courses.

This paper is designed to assist you develop the following skills:

Ability to learn - through an emphasis on personal learning responsibility and self-review.

Interpersonal skills - through interaction in classes.

Communication skills - through written assessment and class discussion.

Ethical behaviour - through taking responsibility for personal learning and originality of assignment work.

Processing accounting transactions manually.

Computer skills - through integrated learning in computer laboratories.

Objectives Students who successfully complete this paper should be able to:

Apply the principles of accounting in simple business activities.

Gain an understanding of the New Zealand accounting environment.

Gain an understanding of the language of accounting.

13


Semester One Paper Co-ordinator Dr Lei Cai

Location Room 1.31A Social Sciences Tower,

Manawatu (Turitea) Campus

Phone (06) 356-9099 extn 2153

E-Mail [email protected]

Semester Two and Distance Learning Paper Co-ordinator Dr Yuan Yuan Hu

Location Room 1.13, Social Sciences Tower


Phone (06) 356-9099 extn 2156


Albany Contact Person Dr Borhan Bhuiyan

Location Room 3.48, Quad Block A, Albany Campus

Phone (09) 414 0800 extn 9209

Email [email protected]

Wellington Contact Person John Arcus

Location Room 5F42, Wellington Campus

Phone (04) 801-5799 ext 62516


Summer School

Paper Co-ordinator Ngaire Kirk

Location Room 1.05, Social Sciences Tower,


Phone (06) 356-9099 extn 2170


Prescription An introduction to alternative measurement concepts in accounting and to the

preparation and presentation of financial statements and reports, including the

compilation of primary financial data.

Prerequisite/

Corequisite 110.100 or 115.102

Restrictions 10.110; 10.213 (from 1999); 110.215; 110.230

Credits 15

14

Status for 2013 Semester One: Distance Learning

Semester Two: Internal: Albany, Manawatu and Wellington

Distance Learning

Summer School: Distance Learning

Introduction Financial accounting involves the process of measuring and communicating

financial information about an entity to external users through a set of financial reports. This process involves the translation of economic reality for an entry into an accounting framework as defined by a set of accounting concepts and standards. The aim of this paper is to provide students with an introduction to the knowledge and skills associated with this task.

Learning Outcomes Students who successfully complete this paper should be able to:

1. Demonstrate an understanding of the financial reporting framework for general purpose financial statements for commercial enterprises.

2. Identify, measure, record and communicate the economic transactions and events of commercial enterprises’ operations using fundamental accounting concepts, including the double entry accounting system.

3. Apply basic measurement theory, and the principles and concepts of accounting, to the valuation of assets.

Required Texts Carlon, S., Mladenovic-McAlpine, R., Palm, C., Kimmel, P.D., Kieso, D.E., &

Weygandt, J.J. (2009). Accounting: Building Business Skills (4th ed.). Milton,

Queensland: John Wiley & Sons Australia.

15


Semester One

Paper Co-ordinator Ngaire Kirk



Phone (06) 356-9099 extn 2170


Albany Contact Person Associate Professor Steve Courtenay


Phone (09) 414 0800 extn 9209


Semester Two

Paper Co-ordinator Lin Tozer



Phone: (06) 356-9099 extn 2174

E-Mail: [email protected]

Prescription Intermediate Financial Accounting provides a detailed study of financial reporting, with a particular emphasis on corporate regulatory requirements, both professional and statutory.

Prerequisites 110.109 or 110.215 or 110.230 Restriction 10.210, 10.213 (Pre 1999), 110.313 Credits 15 Status for 2013 Semester One: Internal: Albany and Manawatu Distance Learning Semester Two: Distance Learning Introduction Intermediate Financial Accounting provides an understanding of financial

reporting requirements and practices for different reporting entities. The teaching of financial accounting in this paper focuses on an

understanding of the concepts involved when dealing with specific issues. In addition, students are expected to be familiar with, and be able to interpret and apply relevant New Zealand International Accounting Standards.

16


1. Critically evaluate the New Zealand Financial Reporting Environment with a particular emphasis on corporate regulatory requirements.

2. Demonstrate an ability to measure, interpret and present accounting data in accordance with New Zealand’s legal and professional financial reporting requirements.

3. Discuss and apply financial accounting concepts in accounting for equity and liabilities.

Required Text Deegan, C., & Samkin, G. (2012). New Zealand financial accounting (6

th

ed.). Auckland: McGraw-Hill.

17

110.229 Management Accounting

Paper Co-ordinator Dr Nirmala Nath



Phone (06) 356-9099 extn 2154


Manawatu Contact Person Dr Yuan Yuan Hu



Phone (06) 356-9099 extn 2156


Albany Contact Person TBA

Prescription A study of cost systems used for internal routine reporting to managers for

cost management and operational planning and control; internal non-routine, reporting to managers for strategic and tactical decision-making; inventory valuation and income determination for internal and external reporting. Where appropriate, examples and applications in primary industries and the public sector will be considered. Recent developments in these topics will be explored.

Prerequisites 110.109 or 110.215 or 110.230 Restriction 110.200, 10.220, 110.223 Credits 15 Status for 2013 Semester One: Internal: Albany and Manawatu Distance Learning Semester Two: Distance Learning Introduction This paper builds on the introduction to management accounting in 110.100

Introductory Accounting or 115.102 Accounting. You will further develop your skills in identifying, measuring and interpreting information for internal non-routine reporting to managers for strategic and tactical decisions, and internal routine reporting to managers for cost management, planning and control.


1. Demonstrate ability to measure and interpret accounting data. 2. Apply appropriate management accounting principles and concepts to

solve practical management problems. 3. Critically evaluate the relevance and applicability of traditional

management accounting techniques to the management of modern organisations in both the manufacturing and service sectors.

4. Discuss contemporary issues and likely future developments in management accounting.

18

Required Text Langfield-Smith, K., Thorne, H., & Hilton, R.W. (2012). Management accounting: Information for creating and managing value (6

th ed.). North

Ryde, N.S.W.: McGraw-Hill.

Organisation

Internal

Lectures 3 hours per week

Computer Access Access to IBM compatible PC with a hard drive is required, with a

spreadsheet programme such as Excel and word-processing programme such as Word. Access to the internet and email is required.

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110.230 Introductory Financial and Management Accounting

Paper Co-ordinator Lin Tozer



Phone: (06) 356-9099 extn 2174

E-Mail: [email protected]

Prescription The preparation and use of accounting and related data in the planning,

controlling, decision-making, and internal and external reporting functions of business.

Prerequisite None Restriction 110.109 Credits 15 Status for 2013 Semester One: Distance Learning Introduction Paper 110.230 is designed as a bridging paper to allow students who are

graduates or have work experience in accounting to complete Massey University’s second year accountancy papers without first completing the alternative 100-level prerequisites for those papers.

However, students need to be aware that because paper 110.230 is

designed to provide instruction in areas covered by papers 110.100 (or 115.102) and 110.109, this paper covers the material at a much faster pace than the 100-level papers. Please Note: 110.230 is primarily for students enrolled in the GradDipBusStuds. Students considering taking 110.230 for the BBS (2003 or later regulations) should be aware that they must still satisfy the core requirements (including 110.100 or 115.102) of that degree programme. Paper 110.230 cannot be taken by students enrolled in the BAcc or completing the BBS (Accountancy) under the 2002 or earlier regulations.


1. Demonstrate an understanding of the role of accounting information in the business environment.

2. Demonstrate the ability to record common economic transactions and events for a business enterprise.

3. Demonstrate the ability to interpret and present accounting data in accordance with New Zealand’s legal and professional financial reporting requirements.

4. Analyse and interpret financial statements to evaluate organisational performance.

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5. Demonstrate an understanding of management accounting principles and techniques and their application to organisational planning, decision-making and problem solving.

Required Text Kimmel, P.D., Carlon, S., Loftus, J., Mladenoci, R., Kieso, D.E., & Weygandt, J.J. (2009). Accounting: Building business skills (3

rd ed.). Milton,

Queensland: John Wiley & Sons Australia. Assessment

Assignment One 20%

Assignment Two 20%

Final Examination 60%

21

110.249 Accounting Information Systems Paper Coordinator James Heslop Location Room 5C32, Wellington Campus

Phone (04) 801-5799 extn 62602


Albany Contact Person Dr Jayantha Wickramasinghe

Location Room 3.20, Quad Block A,

Albany Campus

Phone (09) 414 0800 extn 9489


Manawatu Contact Person Dr Radiah Othman



Phone (06) 356-9099 extn 81844


Prescription A study of accounting information systems incorporating systems design and

controls, together with a review of data processing methods, both manual and computerised, with special attention being given to microcomputers.

Prerequisites 110.109 or 110.215 or 110.230; and 157.100 or 115.107; or PHOS Credits 15 Status for 2013 Semester Two: Internal: Albany and Manawatu Distance Learning. Introduction The aim of this paper is to encourage the development of a systems

perspective to accounting information processing and decision-making. PLEASE NOTE: It is necessary for you to have direct access to a suitable Windows-based

personal computer and a printer to complete the course. Computer lab facilities are available on the Massey University Campuses. Software requirements will be advised at a later date. Distance Learning students must have access to an IBM compatible personal computer with a CD Rom drive, a printer, and the Internet.


1. Evaluate and design information systems, using data flow diagrams, flowcharts and data models.

2. Explain how emerging technologies influence the design of accounting information systems.

3. Explain the nature of organisational and information systems risk. 4. Explain the importance of, and develop appropriate control procedures to

ensure systems reliability.

22

5. Discuss the requirements, advantages and disadvantages of different types of database management systems.

6. Demonstrate an understanding of an accounting general ledger package.

Required Texts TBA Organisation

Internal


Workshops 1 hour per week

Assessment

Internal and Distance Learning

Assignments (2) 30%


23

110.279 Auditing

Albany Paper Coordinator Dr Warwick Stent


Phone (09) 414-0800 extn 9542


Manawatu Internal and Distance Learning

Paper Coordinator Lindsay Hawkes



Phone (06) 356-9099 extn 2157


Prescription An introduction to the basic principles of auditing, including the function of

audits and the concepts that govern audit processes and practices. Prerequisite 110.100 or 110.230 or 115.102 Restriction 10.273, 110.274 Credits 15 Status for 2013 Semester Two: Internal: Albany and Manawatu Distance Learning Introduction Auditing is about assurance and credibility. It is closely linked to the concept

of accountability. Business organisations, charitable institutions and government organisations

are all accountable to various stakeholders for their actions and their impact on society. Management, in turn, is accountable to the governing bodies of these entities (e.g., Boards of Directors). One method for discharging this accountability is to report to governing bodies and stakeholders (e.g., through financial statements). Such a report is, however, a report by a party on its own performance.

Auditing provides assurance that such reports are credible. An independent

auditor is able to offer varying levels of assurance on a wide variety of matters. An audit is the highest level of assurance offered and it is required by statute, that the annual financial statements of most publicly accountable entities be audited.

Knowledge of auditing concepts is essential for professional accountants;

even for those who do not intend to practice as auditors. An understanding of how to assess risk and materiality, for example are critical tools for an accountant to be able to work efficiently and effectively. In addition, managerial ability is significantly enhanced by an understanding of assurance services (Audit is only one of these services) and how and when it is appropriate to use them. It is no surprise therefore, that 110.279 Auditing is one of the three options for the Major Requirements for the BBS (Accountancy) Degree and a compulsory paper for the BAcc Degree.

24


1. Explain the nature, scope, and objectives of audit and assurance services.

2. Evaluate selected theories that purport to explain the New Zealand financial attest audit.

3. Discuss the effect that contemporary issues have on the financial attest audit.

4. Demonstrate an understanding of the New Zealand financial attest auditor’s professional and legal responsibilities.

5. Evaluate how the role of ethics, independence, risk, internal controls, materiality and evidence affect a financial attest audit.

6. Demonstrate an understanding of the principal tests, techniques, and types of report used by a financial attest auditor.

Required Text TBA Organisation

Internal


Tutorials 1 hour per week

Assessment


Assignments/Test 30%


25

110.289 Taxation

Paper Co-ordinator Dr Deborah Russell



Phone (06) 356-9099 extn 5158


Albany Contact Person David Butcher


Phone (09) 414-0800 extn 9205


Prescription An introduction to the basic principles of taxation, the elements of taxation

and the concepts that govern tax practice. The paper also provides an awareness of the economic implications of taxation at both local and global levels.

Prerequisite 115.102, 110.100 or 110.230 Restriction 10.283, 110.274 Credits 15 Status for 2013 Semester Two: Internal: Albany and Manawatu Distance Learning Introduction This course is designed as an introduction to the principles (and less on the

practical application) of New Zealand taxation. The study programme provides an awareness of the New Zealand tax system at the local level and draws an international comparison where appropriate.


1. Explain and discuss the various types of taxation and tax bases applicable in New Zealand and the potential implications for a New Zealand entity operating in the global environment.

2. Demonstrate an understanding of the tax concepts that govern the determination of tax obligations relating to various personal and business structures.

3. Demonstrate an understanding of tax as an instrument of fiscal policy.

Required Text

Thomson/Reuters New Zealand Taxation. (2013)

110.289 Taxation - Massey University Study Guide

26

Organisation

Internal


Workshops 1 hour per week

Assessment


Assignments 30%


NOTE:

A mark of at least 40% is required in the Final Examination to pass this paper.

27

110.303 Integrative Accounting (It is recommended to be taken as the last paper in your

final year of study.)

Paper Co-ordinator Frances Chua



Phone (06) 356-9099 extn 2152


Albany Contact Person Professor Asheq Rahman

Location Room QA3.41, Quad Block A, Albany Campus

Phone (09) 414-0800 extn 9587


Prescription An integrated study of sub-disciplines of accounting and other related

disciplines. Emphasis is placed on the development of expanded business competencies, and critical thinking skills using the case approach.

Prerequisites 300 credits inclusive of 110.209 or 110.313 or 10.213 (1997-1998); 110.223

or 110.229; and at least 15 credits at 300-level with a 110 prefix from the BBS Schedule.

Credits 15 Status for 2013 Semester One: Distance Learning Semester Two: Internal: Albany and Manawatu Distance Learning Introduction This is a compulsory paper within the Bachelor of Accountancy (BAcc) and

BBS (Accountancy) degree programmes. Prior to enrolling in this paper, you will have acquired some accounting and business knowledge in various accounting sub-disciplines and other related disciplines. In addition, you will have developed some basic computing, oral presentation, writing and team interaction skills. The paper consolidates and enhances such knowledge and skills through the case approach so that they can be used competently in an integrated manner, first in the classroom situation and, hopefully, later in professional accounting work. Further, it emphasises the importance of critical thinking as an integral element in the development of many desired skills for professional accountants. Throughout the paper, the ethical dimension of accounting and some related issues are also highlighted.

This paper is structured as follows:

Part A: Introduction (Accounting Environment and Case Analysis)

Part B: Roles of Accounting

Part C: Accounting Perspectives

Part D: Accounting and Control

28


1. Demonstrate an understanding of the process of researching and solving complex accounting problems.

2. Demonstrate effective communications skills in conveying accounting issues and solutions.

3. Integrate knowledge from various accounting sub-disciplines and other. related disciplines to solve practical business problems.

4. Analyse the international dimensions affecting accounting practice. 5. Evaluate ethical issues in business and accounting situations.

Required Text 110.303 Integrative Accounting - Massey University Study Guide and

readings.

Organisation

Internal


Tutorials 1 hour per week

Distance Learning Contact Course – Semester One

Attendance is compulsory:

Manawatu 8-9 April 2013

Distance Learning Contact Course – Semester Two

Attendance is compulsory:

Manawatu 26-27 August 2013

Assessment

Distance Learning

Internal Assessment 35%


Internal



29

110.309 Advanced Financial Accounting

Paper Co-ordinator Dr Nives Botica-Redmayne



Phone (06) 356-9099 extn 2148


Albany Contact Person Professor Jill Hooks


Phone (09) 414-0800 extn 9458


Prescription A study of advanced financial accounting topics and contemporary

professional and conceptual issues relevant to financial reporting. Prerequisite 110.209 or 110.313 Restriction 110.713, 10.310 Credits 15 Status for 2013 Semester One: Internal: Manawatu and Albany Distance Learning Introduction The overall aim of this paper is to introduce and examine advanced level

financial accounting and reporting issues within a national context (i.e., New Zealand) while also being cognizant of internationally emerging issues and developments.

The paper is structured around four themes: 1. Financial Accounting Theory 2. Investments in other entities 3. Measurement and disclosure 4. Financial decision making


1. Explain and demonstrate accounting practice for equity investments (including accounting for group structures), measurement and disclosure of information, and financial decision making, having regard to New Zealand’s applicable Financial Reporting Standards.

2. Identify and explain the conceptual underpinnings for current advanced financial accounting and reporting issues.

3. Identify and explain current issues related to financial accounting and financial reporting.

4. Critically analyse and interpret published financial information.

30

Required Text Deegan, C., & Samkin, G. (2011). New Zealand financial accounting (5

th

ed.). Auckland: McGraw-Hill/Irwin.

Organisation

Internal



Attendance is strongly recommended at the following location:

Manawatu 12 April 2013

Assessment

Distance Learning

Assignment 1 (Compulsory) 20%

Assignment 2 (Compulsory) 20%


Internal

Assignment (Compulsory) 20%

Test (Compulsory) 20%


31

110.311 Accounting Theory (Not offered in 2013)

Paper Co-ordinator Frances Chua



Phone (06) 356-9099 extn 2152


Prescription An introduction to the development of accounting thought; the philosophy of

science and accounting theory construction; contemporary issues in modern financial accounting theory; the ideas of leading accounting writers; the place of accounting in the legal, social and economic environment and its consequent interface with other disciplines.

Prerequisite 110.313 or 10.213 (pre-1999) or 110.209 Restriction 10.365 Credits 15 Status for 2013 Not on offer in 2013 Introduction This is a paper that attempts to provide students with a theoretical

background to some of the concepts that they have learned in introductory and intermediate financial accounting courses. Students will be introduced to the historical development of these concepts, the attempts to construct and verify accounting theories, the accounting reporting environment and associated issues, and some emerging issues in accounting. The paper also attempts to raise the awareness of some of the on-going debates in accounting.

This paper builds on the following broad topics:

Historical Development of Accounting

Accounting Theory and Research

Accounting Reporting Environment

Issues in Accounting and Financial Reporting

Emerging Issues in Accounting Learning Outcomes Students who successfully complete this paper should be able to:

1. Analyse the various pressures and influences which have shaped the development of accounting practice over time.

2. Evaluate the different approaches to constructing accounting theory. 3. Critically examine the recent trends in external reporting and some

emerging issues that have implications for the accounting profession.

32

110.329 Advanced Management Accounting

Manawatu Internal and Distance Learning

Paper Co-ordinator Lindsay Hawkes



Phone (06) 356-9099 extn 2157


Albany Contact Person Dr Jayantha Wickramasinghe

Location Room 3.20, Quad Block A,

Albany Campus

Phone (09) 414 0800 extn 9489


Prescription A study of advanced topics and contemporary issues in management accounting.

Prerequisite 110.229 or 110.223 Restriction 10.320, 110.723 Credits 15 Status for 2013 Semester One: Internal: Albany and Manawatu Distance Learning Introduction The aim of this course is to expose you to management accounting and the

issues faced by management accountants. The course does this by covering a range of management accounting topics and issues. The program covers a range of costing topics and management accounting techniques to assist decision making including dealing with uncertainty, before covering performance measurement and the application of management accounting to non-profit organisations, and finally current issues in management accounting.

The course assumes knowledge of basic accounting and costing from 110.229 or 110.223, which is a prerequisite for the course.


1. Demonstrate an understanding of different costing approaches and be able to discuss which system would be most appropriate for an organisation.

2. Critically evaluate the role of management accounting in organisations and the issues involved in strategic management accounting.

3. Explain different performance measurement approaches used in management accounting and discuss the merits and problems of the differing approaches.

33

4. Demonstrate an understanding of the accounting issues involved in dealing with uncertainty in managerial decision making.

5. Critique the information produced by management accounting techniques and systems.

6. Demonstrate an understanding of different issues that can arise when applying management accounting techniques in a range of industry sectors.

Topics 1. Strategic Management Accounting 2. Costing 3. Budgeting 4. Decision Making 5. Performance Management 6. Management Accounting and non-manufacturing organisations

Required Text Hansen, D.R., & Mowen, M.M. (2013). Cornerstones of cost management

2nd

edition. South-Western Cengage Learning.

Organisation

Distance Learning Contact Course - Semester One

Attendance is strongly recommended at the following location:


Assessment


Assignment One – Essay 10%

Assignment Two – Case Study 20%


34

110.349 Advanced Accounting Information Systems

Paper Co-ordinator Professor Paul Dunmore

Location Room 5C33, Wellington Campus

Phone (04) 801 5799 extn 62603


Prescription Advanced study of the concepts and application of computer-based

accounting and business systems. Prerequisite 110.243 or 110.249 Restriction 110.743 Credits 15 Status for 2013 Semester Two: Distance Learning. Fully taught online. Introduction This paper will further develop the basic AIS knowledge and skills gained in

paper 110.243/249. Learning Outcomes Students who successfully complete this paper should be able to:

1. Evaluate the risks associated with information technology in an accounting environment, in particular fraud and its prevention and detection.

2. Explain the contribution of accountants to ensuring that IT supports the management of an organisation.

3. Explain and discuss the accounting concept of internal control at an advanced level.

4. Evaluate IT-related internal control issues using the COBIT framework. 5. Analyse and explain the approaches, complexities and challenges of the

new communication technology to the extent that they affect internal control and the role of the accountant.

Required Text Vaassen, E., Meuwissen, R. and Schelleman, C. (2009) Accounting Information Systems and Internal Control 2

nd ed.Wiley.

ISACA (2012). COBIT 5: Enabling Processes. Rolling Meadows, IL: Information Systems Audit and Control Association.

Organisation There will be no lectures or Contact Course, but an on-line tutorial will be

offered each week.

Assessment Computer Access:It is necessary for you to have access to a suitable Windows-based computer to complete the course. Broadband access will be required for participation in the tutorials. Computer lab facilities are available on the Massey University campuses. You will need the database software Microsoft Access 2007 or later.

Distance Learning



35

110.379 Advanced Auditing

Paper Co-ordinator Dr Nives Botica-Redmayne



Phone (06) 356 9099 extn 2148


Albany Contact Person Dr Warwick Stent


Phone (09) 414-0800 extn 9542


Prescription A study of advanced topics and contemporary issues in auditing. Prerequisite 110.109 or 110.215; and 110.274 or 110.279 Restriction 110.773, 10.370 Credits 15 Status for 2013 Semester Two: Internal: Albany and Manawatu Distance Learning Introduction 110.379 Advanced Auditing is a study of advanced topics and contemporary

issues in auditing, including ethical considerations and appraisal and evaluation of audit systems.


1. Critique auditors’ professional environment, including ethical conduct and auditors’ legal liability.

2. Evaluate and analyse the application of professional judgements in auditing.

3. Analyse and demonstrate the application of professional standards within the auditing process.

4. Analyse the use of audit software within the auditing process. 5. Critique contemporary research issues in auditing.

Required Texts TBA Organisation

Internal


Tutorials/Workshops 1 hour per week

36

Assessment


Assignment One – 10% (Distance Learning students only)

Test – 10% (Internal students only)

Assignment Two Case Study – 20%

Final Examination – 70%

37

110.380 Estate and Tax Planning

Paper Co-ordinator Dr Lin Mei Tan

Location Room 1.27, Social Science Tower,


Phone (06) 356-9099 extn 2172


Prescription Practical issues arising in estate and tax planning for investors and small businesses in New Zealand.

Prerequisite 110.289 or 110.274 or P or C 125.211 Corequisite 125.211 Credits 15 Status for 2013 Semester One: Distance Learning Introduction Estate and tax planning, property ownership, successions and tax are all a

part of everyday life to most people in New Zealand. This paper therefore focuses on the needs of taxpayers who are either investors or small business owners. The main aim of the paper is to provide you with an understanding of the practice of contemporary estate and tax planning. At the end of the course, you should also be familiar with some of the applicable legislation and relevant case law.


1. Demonstrate an understanding of the legislation and types of instruments relevant to estate and tax planning.

2. Explain and discuss the underlying principles relating to estate planning. 3. Demonstrate an understanding of tax planning in relation to income from

various investments and alternative business structures that facilitate successful estate and tax planning.

Required Text New Zealand Taxation (NZT) (2013 edition)

Assessment


Assignments 30%


38

110.389 Advanced Taxation

Paper Co-ordinator Dr Lin Mei Tan



Phone (06) 356-9099 extn 2172


Albany Contact Person David Butcher


Phone (09) 414-0800 extn 9205


Prescription A study of advanced topics and contemporary issues in taxation, including

tax policy, international taxation, and tax administration. Prerequisites 110.215 or 110.109; and 110.289 or 110.274 Restriction 110.783 Credits 15 Status for 2013 Semester Two: Internal: Manawatu and Albany Distance Learning Introduction The first introductory tax paper provides an overview of the fundamentals of

the New Zealand taxation system. The principles covered in the introductory paper are still as relevant and important and should be applied to this advanced tax course, which will delve into more complex areas of the taxation law. This paper will also help you to develop the basic tax research skills to find, interpret and apply relevant statutory, regulatory, and judicial information.


1. Compare and contrast the tax rules that regulate the treatment of investments in real and personal properties, and appraise how those rules are interpreted in practice by the courts and the Inland Revenue.

2. Evaluate the tax implications of different entities that are available for the conduct of business operations or for property ownerships.

3. Analyse the various international tax regimes that apply to investors, and evaluate the principles underpinning these regimes.

4. Discuss and evaluate the constraints on tax planning imposed by legislation and the courts, and the risks and uncertainties inherent in tax planning strategies.

5. Critique the current relationship between tax and financial accounting in business operations.

39

Required Text CCH New Zealand Master Tax Guide. (2013).

Organisation

Internal

Lectures 3 hours per week including workshops

Assessment


Assignment One 20%

Assignment Two 15%


40

115.102 Introductory Accounting

Wellington Internal and Distance Learning

Paper Co-ordinator James Heslop

Location Room 5C32, Wellington Campus

Phone (04) 801-5799 extn 62602


Manawatu Internal

Contact Person Ngaire Kirk



Phone (06) 356-9099 extn 2170


Albany Contact Person Dr Borhan Bhuiyan


Phone (09) 414 0800 extn 9209


Summer School Distance Learning

Paper Coordinator Ngaire Kirk



Phone (06) 356-9099 extn 2170


Prescription An introduction to the way accounting techniques and accounting

information are used in planning, monitoring and evaluating organisational performance and in discharging accountability to interested parties within and outside.

Prerequisite None Restriction 110.100 Semester Semester One: Internal Albany, Manawatu and Wellington Distance Learning Semester Two: Distance Learning Summer School: Distance Learning Credits 15 Status for 2013 Internal: Albany, Manawatu and Wellington; and Distance Learning Introduction 115.102 Accounting is one of the largest papers within the School of

Accountancy. It is a core paper for all BBS students and for students undertaking the BAcc degree.

41

This paper’s aim is to introduce accounting in an organisational context, and then explore the use of accounting information in supporting business decisions. After taking this paper, many students will achieve a general understanding of the role accounting plays in the business environment. While 115.102 does have a wide practical application, it does not focus on the preparation of the financial statements and other technical aspects. It focuses more on how accounting information is used to support business decisions. As the paper progresses, students are encouraged to consider links to other papers within the business degree structure, especially management, finance, economics, law, and information systems.

Learning outcomes Students who successfully complete this paper should be able to:

1. Explain selected accounting concepts, principles and terms, the role of accounting information in the business environment and the place of professional ethics within the accounting field;

2. Prepare basic general purpose financial reports for different business structures;

3. Demonstrate the impact of common accounting bases and policies on reported financial results;

4. Interpret financial and management reports to evaluate organisational performance and write a simple report;

5. Distinguish between various funding and business structures; and 6. Apply simple management accounting techniques to organisational

planning and decision-making. Required Text Cunningham, B.M., Nikolai, L.A., Bazley, J.D., Kavanagh, M, Slaughter, G. &

Simmons, S. (2012) Accounting: Information for business decisions (Revised 1

st Ed), Melbourne, Australia, CENGAGE Learning. ISBN 9780170241311

Organisation

Internal – Manawatu, Albany and Wellington

Lectures + Workshops 3 hours per week

Clinic (Albany) 1 hour per week

Distance Learning Contact Courses - Semester One

Attendance is voluntary at one of the following locations:

Albany 20 April 2013


Christchurch 27 April 2013

Distance Learning Contact Courses - Semester Two

Attendance is voluntary at one of the following locations:

Albany 24 August 2013

Manawatu 31 August 2013

Christchurch 7 September 2013

Distance Learning Contact Courses – Summer School

Albany 9 December 2013

Manawatu 11 December 2013

42

115.103 Legal and Social Environment of Business Law

Paper Co-ordinator Associate Professor Lindsay Trotman

Location Room 2.46, Social Sciences Tower, Manawatu (Turitea)

Campus

Phone (06) 356-9099 extn 2222


Paper Co-ordinator Dr Louise Lee

Location Dept of Management Wellington Campus

Phone (04) 801-5799 extn 62584 (Wellington Campus)

E- Mail [email protected]

Albany Contact Person Dr Nick Smith


Phone (09) 414 0800 extn 9246


Prescription An introduction to the current business environment. The paper uses a stakeholder model of business relationships to focus on selected legal, social and ethical elements that impact on the operation of business organisations in New Zealand

Prerequisite None Restrictions None Status for 2013 Semester One: Internal Albany

Semester Two: Internal Albany, Manawatu and Wellington; Distance Learning

Summer School: Distance Learning Credits 15 Introduction The paper provides an overview of the social and legal environment within

which a business must operate in New Zealand. Learning Outcomes Students who successfully complete this paper should be able to:

1. Demonstrate an understanding of selected legal and social factors impacting on New Zealand business organisations using a stakeholder approach.

2. Explain the nature of the relationships between business organisations, Maori and other key stakeholders.

3. Apply the ethical dimension of business decision making. 4. Identify the legal and social significance of the Treaty of Waitangi for

business operation in New Zealand. 5. Identify significant legal liabilities which may confront a business

operating in New Zealand.

43

6. Identify appropriate strategies for neutralising or minimising the risk of legal liabilities.

Required Texts Hubbard and Smith Legal Environment of Business 2e – Pearson Auckland 2010 This will be available as an on line text.

Organisation

Internal



Attendance is voluntary

Wellington 7 September 2013

Albany 14 September 2013

Distance Learning Contact Course – Summer School

Attendance is voluntary

Wellington 30 November 2013

Albany 7 December 2013

44

155.201 Law of Property

Paper Co-ordinator Dr Nicholas Smith


Phone (09) 414 0800 extn 9246


Prescription The law relating to the transfer and ownership of and other dealings in real

property.

Prerequisites 155.100 or 115.103 Restrictions 155.216 Credits 15 Status for 2013 Semester Two: Internal: Albany and Distance Learning Learning Outcomes Students who successfully complete this paper should be able to:

1. Demonstrate an understanding of the development of property law in England and New Zealand from the 11th century onwards.

2. Demonstrate an understanding of the relevance of the Treaty of Waitangi to property law in New Zealand.

3. Describe the key elements of the Torrens System. 4. Demonstrate an understanding of the way in which interests in real

property are created, transferred and protected.

Required Texts None. Study Guide will be provided. Assessment

Distance Learning

Assignments (2) 40%


Internal

Assignment 20%

Class Test 20%

Final Exam 60%

45

155.203 Law of Business Organisations


Location Room 2.46, Social Sciences Tower Extention, Manawatu

(Turitea) Campus

Phone (06) 356-9099 extn 2222


Manawatu Contact Person Dr Matthew Berkahn

Location Room 2.45, Social Sciences Tower Extention, Manawatu

(Turitea) Campus

Phone (06) 356-9099 extn 2147


Albany Contact Person Trish O’Sullivan


Phone (09) 414 0800 extn 9462


Prescription General principles of law relating to companies and partnerships. Prerequisites 155.100 or 115.103 Restrictions 155.200 Credits 15 Status for 2013 Semester Two: Internal: Albany and Manawatu Distance Learning Learning Outcomes Students who successfully complete this paper should be able to:

1. Explain and apply the law relating to the birth, life and death of companies.

2. Explain and apply the essential elements of securities law as it pertains to corporate fund raising.

3. Demonstrate an understanding of the origins and history of New Zealand’s company law, from incorporation by royal charter in the seventeenth century to the present.

4. Analyse and apply the essential elements of partnership law.

Required Text Farrar, J. (Ed.) (2012). Company and securities law in New Zealand. 2

nd

edition, Wellington: Thomson/Brookers. Organisation

Internal

Lectures and/or tutorials 3 hours per week

46

Assessment


Assignment 15%

Test 15%


47

155.210 Commercial Law

Paper Co-ordinator Feona Sayles



Phone (06) 356-9099 extn 7492


Albany Contact Person Trish O’Sullivan


Phone (09) 414 0800 extn 9462


Prescription Legal obligations and responsibilities that may arise when conducting business activities. Prerequisite 155.100 or 115.103 Restriction 155.200 Credits 15 Status for 2013 Semester One: Internal: Albany, Manawatu Distance Learning Introduction Commercial Law is at the basis of almost every business transaction entered

into from a multimillion dollar financing arrangement through to domestic purchases. This course is designed to give an introduction to students in a wide range of commercial topics which arise in businesses both large and small. We hope that you find the topics interesting and challenging.


1. Describe relevant legal rules pertaining to commercial activities. 2. Discuss how law may impact upon the way in which business is

conducted. 3. Demonstrate an understanding of the techniques used to interpret

commercial law cases and legislation.

Required Text Sayles, F. (2009). Butterworths questions and answers: Commercial law (1

st

ed.). Wellington, New Zealand: LexisNexis.

Hawes, C. (2010). Butterworths introduction to commercial law (3rd

ed.). Wellington, New Zealand: LexisNexis.

Study Guides, Readings and Legislation supplied by the School of

Accountancy. Organisation

Internal


48

Assessment

Internal Distance Learning

Assignments (2) 40% Assignments (2) 40%

Final Examination 60% Final Examination 60%

49

155.215 Criminal Law (Not offered in 2013)

Paper Co-ordinator Feona Sayles



Phone (06) 356-9099 extn 7492


Prescription The principles of and justification for criminal law; the ingredients of criminal

offences and their classification; corporate and vicarious liability; defences to criminal charges; the burden and standard of proof; an outline of criminal procedure.

Prerequisites 155.100 or PHOS Note: Serving members of the New Zealand Police are exempt from the

prerequisites for this paper. Semester Double Semester Credits 15 Status for 2013 Not on offer in 2013 Introduction This paper comprises a study of the basic principles of criminal law, together

with an outline of the requirements for specific offences and aspects of criminal procedure which includes Youth Justice.


1. Describe the rationale of criminal liability. 2. Discuss elements of criminal offences and apply these elements to

factual situations. 3. Demonstrate an understanding of the techniques used to interpret

criminal law cases and legislation.

50

155.222 Immigration Law and Practice in New Zealand (Not offered in 2013)



Campus

Phone (06) 356-9099 extn 2222


Prescription This paper examines the law and practice of immigration in New Zealand, including the legal framework and principles under which immigration is managed; current government policies; how these policies may change over time and manner by which practitioners in the industry may have input into these changes; and the legal and ethical issues which confront practitioners providing advice and other services to intending migrants to New Zealand.

Prerequisite Any 100-level paper for BBS and GradDipBusStuds(Business Law) and

COP, 115.103 or 155.100 recommended; nil for GradDipBusStuds unendorsed and any endorsement to which regulation 10 of the GradDipBusStuds regulations applies.

Credits 15 Status for 2013 Not on offer in 2013 Introduction This paper was created in response to an approach from the New Zealand

Association for Migration and Investment (NZAMI) for an immigration law and practice paper for its members and prospective members.

The importance of immigration for New Zealand is clear and thus there is need for knowledge and understanding of the regulatory regime which governs immigration into this country.


1. Explain the legal framework and principles under which immigration is managed in New Zealand.

2. Demonstrate an understanding of current government policies on immigration.

3. Apply the law regulating immigration to New Zealand to practical situations.

4. Apply the law regulating the profession of immigration advisor to practical situations.

51

155.301 Employment Law



Campus

Phone (06) 356-9099 extn 2222


Prescription This paper studies the law relating to employer and employee. Aspects studied include the employment contract, the law relating to the determination of employment disputes, the legality of industrial action, anti-discrimination legislation in the employment context and the law of dismissal.

Prerequisite 115.103 or 155.100 and any 200-level paper, or 114.254, or 153.200 and

153.202 Restrictions 152.351, 155.700 Status for 2013 Semester One: Distance Learning

Credits 15 Introduction Learning Outcomes After successful completion of the paper, a student should be able to:

1. Explain legal principles governing the employer-employee relationship. 2. Explain the institutional structures and procedures within and by which

employment disputes are resolved. 3. Apply legal method to issues involving the employer-employee

relationship.

Required Texts Because employment law is a particularly dynamic area, i.e., it is frequently the subject of legislative changes inspired by the political ideology of the day, the best resources are those available on line.

52

155.313 Commercial Transactions Contrary to Conscience


Location Room 2.46, Social Sciences Tower Extension, Manawatu

(Turitea) Campus

Phone (06) 356-9099 extn 2222


Prescription An examination of the extent to which Courts will interfere in commercial

transactions on the grounds that they are perceived to be contrary to “conscience”. The focus is on the equitable notions of trusts, fiduciary duties, undue influence and unconscionability and upon the doctrine of restitution for unjust enrichment.

Prerequisites 155.100 or 115.103 Credits 15 Status for 2013 Summer School: Distance Learning Introduction The paper is concerned with the increasing role the courts play in ensuring

that parties to commercial transactions conform to a conscionable standard of conduct. The objective is to introduce students to the manner in which the common law, and in particular that part of the common law known as equity, provides for flexibility in dealing with dimensions of commercial transactions where substance is the focus, and where this displaces attention merely to the form or appearance of the transaction.

The paper should be of benefit to accounting, banking, management and

finance students in particular as well as to practising lawyers who might wish to develop expertise in this area.


1. Analyse how equitable doctrines provide flexibility in dealing with commercial transactions where substance displaces attention merely to the form or appearance of the transaction.

2. Determine why a particular equitable doctrine is being appealed to by one of the parties to litigation.

3. Determine how the equitable doctrines are applied to the facts of cases. 4. Assess the intellectual coherence of the equitable doctrines and their

application. 5. Evaluate the consequences for business of the application of the

equitable doctrines by the courts.

Required Text Grantham and Rickett, Restitution – Commentary and Materials, Brookers:

Wellington 2001.

53

Assessment

Distance Learning

Assignment 1 15%

Assignment 2 15%

Assignment 3 70%

Note: Assignment 3 is a take-home assessment to be completed over a number of days at the conclusion of the study programme for this paper. There is no traditional three-hour final exam.

54

155.315 Sport Law Paper Co-ordinator Feona Sayles



Phone (06) 356-9099 extn 7492


Prescription A study of the legal issues associated with sport, including the relevance

and application to sport of intellectual property, contract, criminal liability, negligence, volunteers, drug testing, occupational safety and health, and accident compensation.

Prerequisite(s) 155.100 or 115.103 recommended. Credits 15 Status for 2013 Semester Two: Distance Learning Introduction This paper will cover a variety of legal issues that impact on sport. Some

of the topics covered include; Incorporation, Contract, Marketing Issues, Dealing with Local Authorities, Drugs in sport, Criminal Law, Accident Compensation, Health and Safety in Employment.


1. Demonstrate the techniques used to interpret cases, legislation and other legal materials.

2. Discuss how the law applies to sport and recreation. 3. Discuss how to prevent legal problems from arising by applying the

relevant law to potential real life problems associated with sport and recreation.

Assessment


Essay (Free choice) 30%

Set Assignments 20%

Final Exam 50%

Recommended David, P., Ellis, B., Mackinnon, D., Marriott-Lloyd, P., Steeds, B., Stirling, N., Text & Toogood, K. (2005). Winning the red tape (1

st ed.). New Zealand

LexisNexis.

55

Professional Membership

NZICA

In 2013, Massey University students can complete the Chartered Accountants academic requirements, as follows: NB: students completing under previous schedule should contact NZICA for advice.

1. Completion of three years of academic

study 2. Completion of a bachelor’s degree

3. Completion of the NZICA required

topics listed below:

NZICA Required

topics

Approved subject/s at Massey University

Financial Accounting 110.309

Advanced Financial Accounting

Management Accounting 110.329

Advanced Management Accounting

Auditing 110.279

Auditing

or

110.379

Advanced Auditing

Taxation 110.289

Taxation

or

110.389

Advanced Taxation

Finance 125.230

Business Finance

Information systems 110.249

Accounting Information Systems

or

110.349

Advanced Accounting Information Systems

Commercial and corporate law 155.203

Law of Business Organisations

and

155.210

Commercial Law

Organisational Management 115.108

Organisations and Management

Economics 115.106

Economics

Quantitative methods 115.101

Statistics for Business

56

Two Important Points to Note

Although a university may recognise prior learning by granting an exemption from a particular paper, NZICA will not recognise any exemptions granted after 2002 where the exempted paper(s) covers NZICA required topics. If a student is eligible for an exemption in 2003 or later, he/she can either decline the exemption and complete the paper, or take the exemption and study the subject at a higher level to satisfy the topic for NZICA admission requirement purposes.

NZICA will not recognise Restricted (R) Passes awarded by a university in 2002 or later, for

courses that meet its elective and compulsory topics. However, restricted passes awarded by Massey University prior to 2002 will continue to be recognised by NZICA for its academic requirement purposes.

Associate Chartered Accountants (ACA) College The ACA College provides a membership option for those who do not want to meet the entry requirements for the CA College. You can refer to the Institute’s website (www.nzica.com) for further details regarding the ACA qualification admissions process, time frames and other information. For more information on NZICA requirements, please contact NZICA at www.nzica.com. School of Accountancy contact: Mr Lindsay Hawkes Private Bag 11 222 Palmerston North [email protected]

http://www.nzica.com/

http://www.nziica.com/


57

CPA Australia

If you intend to pursue CPA Australia membership, then take note of the following information. The CPA designation comprises: A three-year accredited degree CPA Programme (a Professional Licentiate Programme) Practical experience (three years of mentored work experience)

The CPA Programme is a six segment programme - three compulsory and three elective segments.

Compulsory

Electives (three of your choice)

Reporting and Professional Practice

Corporate Governance and Accountability

Business Strategy and Leadership

Assurance Services and Auditing

Contemporary Issues in Financial Accounting

Financial Reporting and Disclosure

Insolvency and Reconstruction

International Business

Knowledge Management

Personal Financial Planning and Superannuation

Strategic Management Accounting

Taxation

Financial Risk Management

For Massey accredited programme details, access the Professional Information link on the School of Accountancy website at: accountancy.massey.ac.nz For more information about the CPA programme, visit the CPA Australia website: www.cpaaustralia.com.au

The Chartered Institute of Management Accountants (CIMA)

CIMA is a U.K. body that offers an internationally recognised professional qualification in management accounting with a focus on accounting for businesses.

To qualify as a Chartered Management Accountant, you must:

Complete the CIMA Certificate in Business Accounting or another exempting qualification;

Complete the nine exams from CIMA Professional Qualifications;

Gain three years relevant practical experience; and

Pass the Test of Professional Competence in Management Accounting (TOPCIMA).

For further information, visit the CIMA website at: www.cimaglobal.com/professionalqualification

http://www.cpaaustralia.com.au/

http://www.cimaglobal.com/professionalqualification

58

The Association of Chartered Certified Accountants (ACCA)

Recently, the School of Accountancy has attained accreditation with the Association of Chartered Certified Accountants (ACCA). ACCA is a U.K.-based professional body offering an internationally recognised professional qualification for those who seek a career in accountancy, finance and management. Massey students studying for the Bachelor of Accountancy (BAcc) and Bachelor of Business Studies (BBS- Accountancy) degree programmes may be exempted from up to nine of ACCA’s 14 papers. Completion of the BAcc and BBS (Acc) provides exemption from the following papers: F1 Accountant in Business F2 Management Accounting F3 Financial Accounting F4 Corporate and Business Law The papers listed below will be exempted on the completion of the corresponding accredited papers: Papers Accredited Modules/Papers F5 Performance Management Advanced Management Accounting (110.329) F6 Taxation Taxation (110.289) or F6 Taxation Advanced Taxation (110.389) or F6 Taxation Estate and Tax Planning (110.380) F7 Financial Reporting Advanced Financial Reporting (110.309) F8 Audit and Assurance Auditing (110.279) or F8 Auditing and Assurance Advanced Auditing (110.379) F9 Financial Management Business Finance (125.230) or F9 Financial Management Advanced Business Finance (125.330) or F9 Financial Management International Finance (125.320) For more details, visit ACCA’s exemption enquiry database at: www.accaglobal.com.

59

School Staff

Academic

§ Part-Time ¥ Barrister and Solicitor of the High Court of New Zealand

Professors Mike Bradbury, BCom, MCom, PhD Auck, FCA, CMA Paul Dunmore BSc(Hons), MBA, PhD, CMA Jillian Hooks BBS Massey, MMS (Distinction), DipTchg Waikato, PhD Waikato Fawzi Laswad BEcon Garyounis, MSc Wisconsin, PhD Sydney, FCA, CMA Asheq Rahman, BCom, MBA Dhaka, MBA Eastern Illinois, PhD Sydney, ASA (Aust), CA Associate Professors

§ Steve Courtenay BA, MBA, PhD Arkansas ¥ Lindsay Trotman LLM (Hons) Cant., Assoc NZLS

Senior Lecturers John Arcus BCA VUW, CA Matthew Berkahn BBS (Hons) Massey, LLM (Hons) VUW, SJD Deakin

§ Nives Botica Redmayne MSc (Econ) Zagreb, PhD Massey, CA James Heslop BCA VUW, MBS Massey, AdvCertTertTchg Wellington Polytechnic, CA

Jeremy Hubbard LLM VUW, LLB, CertEd (Tertiary) London Nirmala Nath BA, PGDip, MA (Actg & Fin Mgt), DipEd, USP, Fiji, PhD Waikato, CPA (Aust) Radiah Othman BAcc Mara, Malaysia, MAcc Curtin, PhD Aston, CPA (Aust) Warwick Stent BCom(Hons)Rhodes, HDE Rhodes, MCom RAU, CA Lin Mei Tan MA Lanc, DipAcc (Taxation) Massey, PhD ANU, FCCA, ACIS (U.K.), CA

Lecturers Borhan Bhuiyan BBA Dhaka, MBA Dhaka, PhD Lincoln Frances Chua BA Taiwan, BBS, DipEd, DipSLT, DipBusAdmin, MBS Massey, CPA (Aust) Lindsay Hawkes BBS, DipBusAdmin, MBS Massey, CA Yuan Yuan Hu MA Wolverhampton; MAcc Glasgow; PhD Wales, CPA (Aust) Ngaire Kirk BBS (Hons), MBS Massey NDBS, NCIM

¥ Patricia O’Sullivan LLB (Hons) Cant., MComLaw (Hons) Auck. § Deborah Russell BCom (Hons) Otago, BA (Hons), PhD ANU ¥ Feona Sayles BBS (Sports Mgt), GradDipBusStuds (Sport & Rec Mgt), GradDipBusStuds (Bus

Law) Massey, LLB Cant., Institute of Professional Legal Studies Certificate Nicholas Smith BA, BA (Hons), LLB Natal, PhD Auck. Lin Tozer BBS, DipBusAdmin, MBS Massey, CA Jayantha Wickramasinghe MBA,PhD Bond Qld, CMA,FCA, MACS Senior Tutors

§ David Butcher MMS (Distinction) Waikato; CA Siata Tavite BCom Auck, MBA, PGDipAFM, USP Fiji Tutors Christelle Roos B.Com Potch, Hons. B.Com Potch, Mcom Vista, HDE Vista

Elana Stalmann BCom, DipTeaching, Potchefstroom

60

General

Nikki Batten, Programme Support Administrator (Wellington) Inez Goldsworthy, Administrator/Secretary (Manawatu) Sim Loo, Research Assistant, DipBldgDesign Kuala Lumpur, RIBA London, BBS, MBA Massey (Manawatu) Mary Rossiter, Secretary/Research Support, BA (Psych), PGDipBusAdmin (ComMgt) Massey (Manawatu) Lin Shi, Computer Technician MlnfSc Massey (Manawatu) Melanie Sinclair, HoS PA/Financial Administrator (Manawatu) Natalie Snyders, Secretary/Administrator (Albany) Heather Toy, Senior Secretary (Manawatu) Jessica Watson, Administrator/Secretary (Manawatu)

61

Programme Planner for 2013 BBS Accountancy Major

Year 3 120 Credits xxx.3xx **110.3xx 110.309 110.303‡ 110.329***

Year 2

120 Credits

115.104 *110.2xx 110.209 110.229

Year 1

120 credits including some or most of the core BBS papers

115.103 115.107 115.101 115.102

110.109 115.108 115.105 115.106

* One of 110.249, 110.279 or 110.289.

** One of: 110.349, 110.379 or 110.389.

*** Subject to CUAP approval. ‡

Prerequisites of this paper: 300 credits inclusive of 110.209 or 110.313 or 10.213 (1997-1998); 110.223 or 110.229; and at least 15 credits at 300-level with a 110 prefix from the BBS Schedule

Important

Prerequisite Links

Warning: Some of the papers are now offered in more than one semester and/or in different semesters depending on location and

delivery (i.e., internal or distance learning). However, it is crucial you pass the prerequisite papers in a timely way or you may be prevented from taking some of the more advanced papers you wish to complete as accountancy electives.

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