Provides students with fundamental accounting knowledge and skills used by business managers for planning and control. Non-financial considerations, both internal to the organisation and pertaining to society at large, are also addressed.
Introduction to accounting
Income statement and statement of changes in equity
Statement of cash flows
Analysis and interpretation of financial statements
Financing the business
Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.
Learning outcomes and graduate attributes
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||explain the context in which organisations conduct their business||Knowledge of a discipline|
|2||define, understand and apply basic accounting terms||Intellectual rigour||Knowledge of a discipline|
|3||apply basic costing and budgeting techniques to organisational decision making||Intellectual rigour||Knowledge of a discipline||Lifelong learning|
|4||discuss the measurement and reporting of organisational performance||Intellectual rigour||Knowledge of a discipline||Communication and social skills|
|5||read critically, interpret and analyse the information contained in financial statements and other sources to appraise the overall position and performance of organisations||Intellectual rigour||Knowledge of a discipline||Lifelong learning||Communication and social skills|
|6||discuss the balance between financial objectives and social, environmental and ethical constraints in the evaluation of company performance.||Intellectual rigour||Knowledge of a discipline||Communication and social skills|
- Atrill, P, McLaney, E, Harvey, D & Jenner, M, 2012, Accounting; An introduction, 5th edn, Pearson, Sydney. ISBN: 978-1-4425-3480-3.
- Birt, J, Chalmers K, Byrne, S, Brooks, A & Oliver, J, 2017, Accounting; Business Reporting for Decision Making, 6th edn, John Wiley & Sons, Milton, QLD, Australia. ISBN: 9780730335603.
- No prescribed texts.
Teaching and assessment
China - TUST
|Workshop on-site 36 hours (12 * 3 hour sessions)|
|Small Business Analysis and Interpretation||35%|
|Exam: open book||15%|
|Exam: closed book||50%|
Melbourne - The Hotel School
Papua New Guinea - IBSU Enga
Papua New Guinea - IBSU Port Moresby
Singapore - MDIS
Sydney - The Hotel School
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2017 Commonwealth Supported only. Student contribution band: 3
Please check the international course and fee list to determine the relevant fees.