Availabilities:

Location Domestic International
Brisbane - The Hotel School
Session2, 3
Session2, 3
Gold Coast
Melbourne N/A
Session2, 3
Melbourne - The Hotel School
Session2, 3
Session2, 3
Online
Session2, 3
Session2, 3, 3
Perth N/A
Session2, 3
Sydney
Session2, 3
Session2, 3
Sydney - The Hotel School
Session2, 3
Session2, 3

Unit Summary

Unit type

PG Coursework Unit

Credit points

12

AQF level

8

Level of learning

Introductory

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.

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
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 Intellectual rigour Knowledge of a discipline
2 analyse and critically evaluate business performance and position using information contained in financial statements Intellectual rigour Knowledge of a discipline
3 analyse business internal accounting information to evaluate working capital management performance of a business Intellectual rigour Knowledge of a discipline
4 from cost and revenue data, apply techniques in deciding upon alternative courses of action and implements budgets in decision-making for an organisation Intellectual rigour Creativity Knowledge of a discipline
5 choose and organise relevant financial information in deciding the appropriate financing strategy for a business. Intellectual rigour Creativity Knowledge of a discipline

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

  1. read and interpret financial statements for a business entity
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  2. analyse and critically evaluate business performance and position using information contained in financial statements
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  3. analyse business internal accounting information to evaluate working capital management performance of a business
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  4. from cost and revenue data, apply techniques in deciding upon alternative courses of action and implements budgets in decision-making for an organisation
    • GA1: Intellectual rigour
    • GA2: Creativity
    • GA4: Knowledge of a discipline
  5. choose and organise relevant financial information in deciding the appropriate financing strategy for a business.
    • GA1: Intellectual rigour
    • GA2: Creativity
    • GA4: Knowledge of a discipline

Prescribed texts

  • Atrill, P, McLaney, E & Harvey, D , 2017, Accounting for non-specialists, 7th edn, Pearson Australia, Australia. ISBN: 9781488612589 (paperback).

  • Atrill, P, McLaney, E & Harvey, D , 2017, Accounting for non-specialists, 7th edn, Pearson Australia, Australia. ISBN: 9781488612589 (paperback).
Prescribed texts may change in future study periods.