Introduces students to knowledge of accounting processes, from recording transactions in journals and ledgers to preparing financial statements, enhances students ability to apply their knowledge in a real business setting, and develops students' ability to exercise professional judgement and communicate information concerning business practices with stakeholders.
Topic 1 Introduction of bookkeeping system: double entry accounting
Topic 2 Accounting for retail business: sales and purchases
Topic 3 Accounting for business operation I
Topic 4 Accounting for business operation II
Topic 5 Accounting for liabilities and equity
Topic 6 Statements of cash flows
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||understand the concepts of double entry accounting and accounting cycle||Knowledge of a discipline|
|2||analyse accounting information and record business transactions in financial documents within accounting cycle||Knowledge of a discipline||Communication and social skills|
|3||present, analyse and interpret financial information using the language of business to communicate with stakeholders effectively||Knowledge of a discipline||Communication and social skills|
|4||understand internal control and AASB regulatory framework that govern the measurement and disclosures of accounting information||Intellectual rigour||Communication and social skills|
Study Period 3
- Hoggett, J, Edwards, L, Medlin, J, Chalmers K, Hellmann, A, Beattie, C & Maxfield, J, Financial Accounting, 9th edition, John Wiley & Sons Australia, Milton, Australia.
Teaching and assessment
SCU Online (intensive)
|Structured online learning|
|Exam: closed book||50%|
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.