| Semester 3, 2022 Online | |
| Units : | 1 |
| Faculty or Section : | Faculty of Business, Education, Law and Arts |
| School or Department : | School of Business |
| Grading basis : | Graded |
| Course fee schedule : | /current-students/administration/fees/fee-schedules |
Staffing
Examiner:
Requisites
Pre-requisite: Students enrolled in one of the following Programs: Master of Professional Accounting (MPAC) or Master of Business Administration & Master of Professional Accounting (MBAC) are not eligible for enrolment
Overview
The purpose of this course is to develop the ability of non-accountants to use accounting and finance information to increase the effectiveness of their decision making. Understanding, interpreting, analysing and using accounting and finance data has always been essential for business sustainability, however the impacts of globalisation make the learning of accounting and finance tools and concepts an imperative for all managers who want to creatively address problems and find real world solutions.
Accounting and finance knowledge is crucial in effectively managing organisations. This course provides a broad understanding of accounting and finance tools and concepts. These tools are widely used in business practice and successful completion of this course will enable students to make considered and knowledgeable business decisions. The course will cover the use and interpretation of financial and management reports to help plan, control and evaluate in today's business environment.
Course learning outcomes
On successful completion of this course, students should be able to:
- demonstrate applied knowledge of the accounting regulatory environment and the accounting and finance processes, systems, concepts and techniques used globally in business practice;
- apply financial statement analysis, management accounting concepts and finance frameworks to identify and solve complex organisational problems creatively and practically to increase the effectiveness of management decision making that provides solutions to real world problems;
- apply financial statement analysis, management accounting concepts and finance frameworks to changing global and economic conditions and to help assess the impact on organisational systems;
- apply and use financial statement analysis, management accounting concepts and finance frameworks with other evidence to provide solutions to real world problems;
- appreciate ethical frameworks and codes of practice and their application to accounting and finance outcomes to help comprehend and address complex ethical dilemmas.
Topics
| Description | Weighting(%) | |
|---|---|---|
| 1. | Accounting and the business regulatory environment | 8.00 |
| 2. | Ethics and corporate governance | 8.00 |
| 3. | Financial accounting | 34.00 |
| 4. | Management accounting | 34.00 |
| 5. | Finance | 16.00 |
Text and materials required to be purchased or accessed
Student workload expectations
To do well in this subject, students are expected to commit approximately 10 hours per week including class contact hours, independent study, and all assessment tasks. If you are undertaking additional activities, which may include placements and residential schools, the weekly workload hours may vary.
Assessment details
| Description | Group Assessment |
Weighting (%) | Course learning outcomes |
|---|---|---|---|
| Problem Solving 1 | No | 25 | 1,2 |
| Problem Solving 2 | No | 25 | 1,3,4 |
| Take home examination | No | 50 | 1,2,3,4,5 |