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2022 unit offering information will be available in November 2021

Unit description

This unit introduces students to the fundamentals of financial and management accounting viewed from the perspective of the business manager. The focus is on critical evaluation of accounting information contained in financial statements and management accounting reports for use by managers to inform responsible decisions.

Unit content

Week 1: Accounting and the balance sheet

Week 2: Income, cash flow and other company financial statements

Week 3: Financial statement analysis

Week 4: Cost-volume-profit analysis and costing

Week 5: Budgeting

Week 6: 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:
1read and interpret financial statements for a business entity
2analyse and critically evaluate business performance and position using information contained in financial statements
3analyse business internal accounting information to evaluate working capital management performance of a business
4from cost and revenue data, apply techniques in deciding upon alternative courses of action and implements budgets in decision making for an organisation
5choose and organise relevant financial information in deciding the appropriate financing strategy for a business.

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

  1. read and interpret financial statements for a business entity
  2. analyse and critically evaluate business performance and position using information contained in financial statements
  3. analyse business internal accounting information to evaluate working capital management performance of a business
  4. from cost and revenue data, apply techniques in deciding upon alternative courses of action and implements budgets in decision making for an organisation
  5. choose and organise relevant financial information in deciding the appropriate financing strategy for a business.

Teaching and assessment

Notice

Intensive offerings may or may not be scheduled in every teaching period. 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 teaching period.

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.

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