Availabilities:
| Location | Domestic | International |
|---|---|---|
| China - TUST | N/A | |
| Melbourne | N/A | |
| Online | Term1 | Term1 |
| Papua New Guinea - IBSU Port Moresby | N/A | Term3 |
| Perth | N/A | |
| Sydney | N/A |
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
Module 1: Introduction to accounting and The Balance Sheet
Module 2: The Income Statement and Cash Flow Statement
Module 3: Analysis of financial statements
Module 4: Budgeting and performance measurement
Module 5: Cost-Volume-Profit analysis
Module 6: Capital Investment and Financing the business
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.
| On completion of this unit, students should be able to: | |
|---|---|
| 1 | review financial statements of the business, Balance Sheet, Income statement and Cash flow statement |
| 2 | undertake a ratio analysis of a company’s financial statements |
| 3 | discuss and apply budgeting, performance measurement, Cost-volume-profit analysis and capital investment techniques to make appropriate business decision |
| 4 | distinguish and compare alternative sources of financing for business. |
On completion of this unit, students should be able to:
- review financial statements of the business, Balance Sheet, Income statement and Cash flow statement
- undertake a ratio analysis of a company’s financial statements
- discuss and apply budgeting, performance measurement, Cost-volume-profit analysis and capital investment techniques to make appropriate business decision
- distinguish and compare alternative sources of financing for business.
Prescribed Learning Resources
- 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.
- No prescribed resources/equipment.
- 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.
- No prescribed resources/equipment.
- 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.
- No prescribed resources/equipment.
- Prescribed text information is not currently available.
- Prescribed resources/equipment information is not currently available.
Teaching and assessment
| Teaching method |
| Residential |
| Assessment | |
| Quiz | 10% |
| Quiz | 10% |
| Short written response | 50% |
| Case study | 30% |
Fee information
Domestic
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
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.