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Unit of Study ACC00712 - Business Accounting (2014)

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Unit Snapshot

  • Co-requisites

      ACC00700 Basic Business Accounting

Unit description

Introduces students to the manual processes of financial accounting for a retail business, from recording transactions in journals to preparing internal-format financial reports and analysing and interpreting the information presented in those reports. Students will also develop skills in Microsoft Excel, Word and PowerPoint software as tools used by accountants.

Unit content

Topic 1 Contemporary accountants and accounting

Topic 2 Record-keeping systems and principles

Topic 3 Processing recurring transactions

Topic 4 Processing non-recurring transactions

Topic 5 EOP processes and financial reports

Topic 6 Statements of Cash Flows

Topic 7 Analysis and interpretation

Availabilities

Location Domestic International
Gold Coast Session 1,  3 Session 1,  3
New Zealand - MIT Session 1 Session 1
Online Session 1 Session 1
Papua New Guinea - Air Niugini N/A Session 1
Sydney N/A Session 1,  3

Learning outcomes and graduate attributes

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:

GA1: , GA2: , GA3: , GA4: , GA5: , GA6: , GA7:
GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 manually carry out all the steps in the accounting cycle for a retail business, from analysing source documents to preparing internal-format financial reports
2 prepare working papers for repetitive financial accounting tasks, both manually and using Microsoft Excel spreadsheet software efficiently
3 analyse and interpret financial accounting information using the language of business to communicate findings with stakeholders both orally and in writing, demonstrating efficient and effective use of Microsoft Word word processing software and Microsoft PowerPoint presentation software
4 apply academic knowledge and skills to new contexts including workplace settings
5 demonstrate the ability to work collaboratively on a group project
6 analyse and reflect on the learning experience and articulate that experience in a learning journal

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

  1. manually carry out all the steps in the accounting cycle for a retail business, from analysing source documents to preparing internal-format financial reports
    • GA4:
  2. prepare working papers for repetitive financial accounting tasks, both manually and using Microsoft Excel spreadsheet software efficiently
    • GA4:
  3. analyse and interpret financial accounting information using the language of business to communicate findings with stakeholders both orally and in writing, demonstrating efficient and effective use of Microsoft Word word processing software and Microsoft PowerPoint presentation software
    • GA4:
    • GA6:
  4. apply academic knowledge and skills to new contexts including workplace settings
    • GA4:
    • GA5:
  5. demonstrate the ability to work collaboratively on a group project
    • GA6:
  6. analyse and reflect on the learning experience and articulate that experience in a learning journal
    • GA5:
    • GA6:

Prescribed learning resources

Prescribed Texts
  • No prescribed texts.

Prescribed Texts
  • No prescribed texts.

Prescribed Texts
  • No prescribed texts.

Prescribed Texts
  • No prescribed texts.

Prescribed Learning Resources may change in future Teaching Periods.