ACFI1001
Accounting for Decision Makers
10 Units
Available in 2014
| Callaghan Campus | Semester 1, Semester 2 |
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| Ourimbah | Semester 1 |
| UoN Singapore | Trimester 3 |
Previously offered in 2013, 2012, 2011, 2010, 2009, 2008
Financial accounting and management accounting concepts provide the very foundation for business decision making. This course provides an introduction to financial accounting by analysing the accounting function and the preparation of conventional financial statements. Students will develop the initial skills of financial management while beginning to engage in appropriate ethical practices.
| Objectives | On successful completion of this course, students will be able to: 1. Discuss and explain the nature and purpose of accounting; 2. Prepare and interpret financial statements according to conventional methods of accounting; 3. Identify, analyse and evaluate financial information relevant to the operating, investing and financing decisions of a business entity; 4. Organize, calculate and analyse information relevant to decision making; 5. Demonstrate a growing awareness of ethics within the accounting environment. |
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| Content | The course covers the following topics: 1. Introduction to accounting and different accounting entities; 2. Measuring and reporting financial position; 3. Measuring and reporting financial performance; 4. Measuring and reporting cash flows; 5. Analysing, interpreting and projecting Financial Statements 6. Cost-volume-profit analysis & marginal analysis 7. Budgeting 8. Capital investment decisions 9. Management of working capital 10.Trends and issues in accounting |
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| Transition | Students who have completed ACFI1020 cannot enrol in this course. | ||||||||
| Industrial Experience | 0 | ||||||||
| Assumed Knowledge | Nil | ||||||||
| Modes of Delivery | Internal Mode | ||||||||
| Teaching Methods | Lecture
Tutorial |
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| Assessment Items |
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| Contact Hours | Lecture: for 2 hour(s) per Week for 13 weeks Tutorial: for 2 hour(s) per Week for 12 weeks |
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| Timetables | 2014 Course Timetables for ACFI1001 |