Availabilities:
| Location | Domestic | International |
|---|---|---|
| SCU Online | Study Period 3, 6 | Study Period 3, 6 |
Unit Summary
Unit type
PG Coursework Unit
Credit points
12
AQF level
Level of learning
Intermediate
Former School/College
Anti-requisites
ACC00712 - Business Accounting OR ACC92110 - Business Accounting (Online)
Unit aim
Introduces students to knowledge of accounting processes, from recording transactions in journals and ledgers to preparing financial statements; enhances students ability to apply their knowledge in a business setting; and develops students' ability to exercise professional judgement and communicate information concerning business practices with stakeholders.
Unit content
Topic 1 Introduction of bookkeeping system: double entry accounting
Topic 2 Accounting for retail business: sales and purchases
Topic 3 Accounting for business I
Topic 4 Accounting for business II
Topic 5 Accounting for business III
Topic 6 Financial Statements
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 | understand the concepts of double entry accounting and accounting cycle | |||||||
| 2 | analyse accounting information and record business transactions in financial documents within accounting cycle | |||||||
| 3 | present, analyse and interpret financial information using the language of business to communicate with stakeholders effectively | |||||||
| 4 | understand internal control and AASB regulatory framework that govern the measurement and disclosures of accounting information | |||||||
On completion of this unit, students should be able to:
-
understand the concepts of double entry accounting and accounting cycle
- GA4:
-
analyse accounting information and record business transactions in financial documents within accounting cycle
- GA4:
- GA6:
-
present, analyse and interpret financial information using the language of business to communicate with stakeholders effectively
- GA4:
- GA6:
-
understand internal control and AASB regulatory framework that govern the measurement and disclosures of accounting information
- GA1:
- GA6:
Prescribed texts
- Hoggett, J, Edwards, L, Medlin, J, Chalmers K, Hellmann, A, Beattie, C & Maxfield, J, 2015, Financial Accounting, 9th edition, John Wiley & Sons Australia, Milton, Australia.
- Hoggett, J, Edwards, L, Medlin, J, Chalmers K, Hellmann, A, Beattie, C & Maxfield, J, 2015, Financial Accounting, 9th edition, John Wiley & Sons Australia, Milton, Australia.