Availabilities:
| Location | Domestic | International |
|---|---|---|
| Gold Coast | Session 2, 3 | Session 2, 3 |
| Melbourne | N/A | Session 2, 3 |
| Melbourne - The Hotel School | Session 2, 3 | Session 2, 3 |
| New Zealand - MIT | Session 2, 3 | Session 2, 3 |
| Online | Session 2, 3 | Session 2, 3 |
| Papua New Guinea - Air Niugini | N/A | Session 2, 3 |
| Perth | N/A | Session 2, 3 |
| Singapore - MDIS | N/A | Session 2 |
| Sydney | N/A | Session 2, 3 |
| Sydney - The Hotel School | Session 2, 3 | Session 2, 3 |
Unit Summary
Unit type
PG Coursework Unit
Credit points
12
AQF level
Level of learning
Introductory
Former School/College
Unit aim
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
Topic 1: Accounting in a business management context
Topic 2: Reporting Financial Position
Topic 3: Reporting Financial Performance
Topic 4: Reporting Cash Flows
Topic 5: Analysis and interpretation of financial statements
Topic 6: Working Capital Management
Topic 7: Costs, cost-volume-profit relationships and tactical decision-making
Topic 8: Full costing and activity-based costing
Topic 9: Planning, budgeting and control
Topic 10: Financing the organisation
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: | GA1 | GA2 | GA3 | GA4 | GA5 | GA6 | GA7 | |
|---|---|---|---|---|---|---|---|---|
| 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. | |||||||
On completion of this unit, students should be able to:
-
read and interpret financial statements for a business entity
- GA1:
- GA4:
-
analyse and critically evaluate business performance and position using information contained in financial statements
- GA1:
- GA4:
-
analyse business internal accounting information to evaluate working capital management performance of a business
- GA1:
- GA4:
-
from cost and revenue data, apply techniques in deciding upon alternative courses of action and implements budgets in decision-making for an organisation
- GA1:
- GA2:
- GA4:
-
choose and organise relevant financial information in deciding the appropriate financing strategy for a business.
- GA1:
- GA2:
- GA4:
Prescribed texts
- Atrill, P, McLaney, E, Harvey, D & Jenner, M, 2015, Accounting – an introduction, 6th edn, Pearson Australia, Australia. ISBN: 9781486008797 (paperback) – e-text is also available.
- Atrill, P, McLaney, E, Harvey, D & Jenner, M, 2015, Accounting – an introduction, 6th edn, Pearson Australia, Australia. ISBN: 9781486008797 (paperback) – e-text is also available.