Availabilities:
Location | Domestic | International |
---|---|---|
Brisbane - The Hotel School | ||
China - TUST | N/A | |
Coffs Harbour | ||
Gold Coast | ||
Lismore | ||
Melbourne | N/A | |
Melbourne - The Hotel School | ||
Online | ||
Papua New Guinea - IBSU Port Moresby | N/A | |
Perth | N/A | |
Sydney | N/A | |
Sydney - The Hotel School |
Unit Summary
Unit type
UG Coursework Unit
Credit points
12
AQF level
Level of learning
Introductory
Former School/College
Anti-requisites
ACC00150 Using Financial Information AND ACC10249 Financial Information for Decision Making
Unit aim
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
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 | describe the regulatory, social and ethical context of the business environment | |||||||
2 | record basic business transactions and produce the four key financial statements | |||||||
3 | use financial statement analysis techniques to aid internal and external decision making | |||||||
4 | apply basic costing, budgeting, working capital and capital investment techniques to organisational decision-making | |||||||
5 | distinguish and compare alternative sources of business financing | |||||||
6 | discuss the measurement of organisational performance | |||||||
7 | identify and apply basic accounting and finance tools and techniques in a routine setting. |
On completion of this unit, students should be able to:
-
describe the regulatory, social and ethical context of the business environment
- GA4:
-
record basic business transactions and produce the four key financial statements
- GA4:
-
use financial statement analysis techniques to aid internal and external decision making
- GA1:
- GA4:
- GA6:
-
apply basic costing, budgeting, working capital and capital investment techniques to organisational decision-making
- GA1:
- GA4:
-
distinguish and compare alternative sources of business financing
- GA4:
-
discuss the measurement of organisational performance
- GA4:
- GA6:
-
identify and apply basic accounting and finance tools and techniques in a routine setting.
- GA1:
Prescribed texts
- Prescribed text information is not currently available.
- Birt, J, Chalmers, K, Maloney, S, Brooks, A, Oliver, J & Bond D., 2020, Accounting: Business Reporting for Decision Making, 7th edn, John Wiley & Sons Australia, Ltd, Milton, Queensland. ISBN: 9780730369325.
- Birt, J, Chalmers, K, Maloney, S, Brooks, A, Oliver, J & Bond D., 2020, Accounting: Business Reporting for Decision Making, 7th edn, John Wiley & Sons Australia, Ltd, Milton, Queensland. ISBN: 9780730369325.