Back to Find Units Page

Unit of Study ACCT1001 - Accounting and Finance for Business (2021)

Show me unit information for year

Unit Snapshot

  • Anti-requisites

    ACC00150 Using Financial Information AND ACC10249 Financial Information for Decision Making

  • Enrolment information

    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

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

Availabilities

Location Domestic International
China - TUST N/A
Session1
Gold Coast
Session2
Session2
Melbourne N/A
Session2,3
Online
Session1,2,3
Session1,2,3
Papua New Guinea - IBSU Port Moresby N/A
Session2,3
Perth N/A
Session2,3
Sydney N/A
Session2,3

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:

describe the regulatory, social and ethical context of the business environment

record basic business transactions and produce the four key financial statements

use financial statement analysis techniques to aid internal and external decision making

apply basic costing, budgeting, working capital and capital investment techniques to organisational decision-making

distinguish and compare alternative sources of business financing

discuss the measurement of organisational performance

identify and apply basic accounting and finance tools and techniques in a routine setting.

Prescribed learning resources

Prescribed Texts
  • No prescribed texts.

Prescribed Texts
  • No prescribed texts.

Prescribed Texts
  • No prescribed texts.

Prescribed Learning Resources may change in future Teaching Periods.