Availabilities:
| Location | Domestic | International |
|---|---|---|
| SCU Online | Study Period 4 | Study Period 4 |
Unit Summary
Unit type
PG Coursework Unit
Credit points
12
AQF level
Level of learning
Introductory
Former School/College
Anti-requisites
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
Week 1: Introduction to accounting and measuring and reporting financial position
Week 2: Measuring and reporting financial performance and cash flows
Week 3: Analysis and interpretation of financial statements
Week 4: Cost-Volume-Profit analysis and costing
Week 5: Planning and control
Week 6: Working capital management and financing the business
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:
- GA4:
-
choose and organise relevant financial information in deciding the appropriate financing strategy for a business.
- GA1:
- GA4:
Prescribed texts
- Atrill, P, McLaney, D & Harvey, D,, 2018, Accounting for non-specialists, 7th edn, Pearson Australia, Australia. ISBN: 9781488612589 (paperback).