Accounting for Decision Makers

Course code ACFI1001
Available in 2017
2017 Course Timetables


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.



  • Semester 1 - 2017


  • Semester 1 - 2017

UoN Singapore

  • Trimester 3 - 2017 (Singapore)

Newcastle City Precinct

  • Semester 2 - 2017

Learning Outcomes

On successful completion of the 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. Organise, calculate and analyse information relevant to decision making;

5. Demonstrate a growing awareness of ethics within the accounting environment.


The course content includes the following topics:

  1. Introduction to accounting and different accounting entities
  2. Financial statements
  3. Recording accounting transactions
  4. Analysing, and interpreting Financial Statements
  5. Introduction to managerial accounting
  6. Cost-volume-profit analysis
  7. Time value of money and capital investment decisions
  8. Budgeting
  9. Accounting for sustainability

Assessment Items

Tutorial / Laboratory Exercises: Tutorial Assignments

In Term Test: Mid Semester examination

Formal Examination: Final Examination

Quiz: Online Weekly tests

Contact Hours

Callaghan, Ourimbah, Newcastle City Precinct and UoN Singapore

Integrated Learning Session

Face to Face On Campus 3 hour(s) per Week for Full Term starting in week 1

Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.