Availabilities:

LocationDomesticInternational
Brisbane - The Hotel School
China - TUSTN/A
Coffs Harbour
Gold Coast
Lismore
MelbourneN/A
Melbourne - The Hotel School
Session1,2,3
Session1,2,3
Online
Session2,3,3
Papua New Guinea - IBSU Port MoresbyN/A
PerthN/A
SydneyN/A
Sydney - The Hotel School
Session1,2,3
Session1,2,3

Unit description

Introduces the concepts, principles and techniques of accounting and finance used by internal and external decision makers through teacher-directed activities. This unit focuses on providing the fundamental knowledge and skills to enable students to appreciate how accounting and finance is used for planning and control in organisations. 

Unit content

Topic 1: Introduction to the accounting environment

Topic 2: Recording business transactions

Topic 3: Overview of the financial statements I

Topic 4: Overview of the financial statements II

Topic 5: Financial statement analysis

Topic 6: Budgeting

Topic 7: Cost volume profit

Topic 8: Capital investments

Topic 9: Working capital management

Topic 10: Financing the business

Topic 11: Performance management

Learning outcomes

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.

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to:GA1GA2GA3GA4GA5GA6GA7
1describe the regulatory, social and ethical context of the business environmentKnowledge of a discipline
2record basic business transactions and produce the four key financial statements Knowledge of a discipline
3use financial statement analysis techniques to aid internal and external decision makingIntellectual rigourKnowledge of a disciplineCommunication and social skills
4apply basic costing, budgeting, working capital and capital investment techniques to organisational decision-making Intellectual rigourKnowledge of a discipline
5distinguish and compare alternative sources of business financingKnowledge of a discipline
6discuss the measurement of organisational performanceKnowledge of a disciplineCommunication and social skills
7identify and apply basic accounting and finance tools and techniques in a routine setting.Intellectual rigour

On completion of this unit, students should be able to:

  1. describe the regulatory, social and ethical context of the business environment
    • GA4: Knowledge of a discipline
  2. record basic business transactions and produce the four key financial statements
    • GA4: Knowledge of a discipline
  3. use financial statement analysis techniques to aid internal and external decision making
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
    • GA6: Communication and social skills
  4. apply basic costing, budgeting, working capital and capital investment techniques to organisational decision-making
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  5. distinguish and compare alternative sources of business financing
    • GA4: Knowledge of a discipline
  6. discuss the measurement of organisational performance
    • GA4: Knowledge of a discipline
    • GA6: Communication and social skills
  7. identify and apply basic accounting and finance tools and techniques in a routine setting.
    • GA1: Intellectual rigour

Prescribed texts

  • Prescribed text information is not currently available.

  • Birt, J, Chalmers, K, Maloney, S, Brooks, A, Oliver, J & Bond D., 2020, Accounting: Business Reporting for Decision Making, 7th edn, John Wiley & Sons Australia, Ltd, Milton, Queensland. ISBN: 9780730369325.

  • Birt, J, Chalmers, K, Maloney, S, Brooks, A, Oliver, J & Bond D., 2020, Accounting: Business Reporting for Decision Making, 7th edn, John Wiley & Sons Australia, Ltd, Milton, Queensland. ISBN: 9780730369325.
Prescribed texts may change in future study periods.

Teaching and assessment

Teaching method
Lecture on-site 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%

Teaching method
Lecture on-site 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%

Teaching method
Tutorial online 1 hour (12 weeks)
Lecture online 1 hour (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%

Teaching method
Lecture on-site 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%

Teaching method
Lecture on-site 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Online quizzes15%
Business Analysis and Interpretation - Part 120%
Business Analysis and Interpretation - Part 215%
Exam: closed book50%
Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2020 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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