Availabilities:

Location Domestic International
Brisbane - The Hotel School
Session1,2,3
Session1,2,3
China - TUST N/A
Gold Coast
Melbourne N/A
Session2,3
Melbourne - The Hotel School
Session1,2,3
Session1,2,3
Online
Session1,2,3
Session1,2,3
Papua New Guinea - IBSU Port Moresby N/A
Session2,3
Perth N/A
Session2,3
Sydney N/A
Session2,3
Sydney - The Hotel School
Session1,2,3
Session1,2,3

Unit Summary

Unit type

UG Coursework Unit

Credit points

12

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:
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:

  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.

Prescribed texts

  • No prescribed texts.

  • No prescribed texts.

  • No prescribed texts.
Prescribed texts may change in future teaching periods.