Accounting for Decision Makers
Description
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.
Availability
Ourimbah
- Semester 1 - 2016
- Semester 1 - 2017
Callaghan
- Semester 1 - 2016
- Semester 2 - 2016
- Semester 1 - 2017
- Semester 2 - 2017
UoN Singapore
- Trimester 3 - 2016 (Singapore)
- Trimester 1 - 2017 (Singapore)
- Trimester 2 - 2017 (Singapore)
- Trimester 3 - 2017 (Singapore)
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.
Content
The course content includes the following topics:
- Introduction to accounting and different accounting entities
- Financial statements
- Recording accounting transactions
- Analysing, and interpreting Financial Statements
- Introduction to managerial accounting
- Cost-volume-profit analysis
- Time value of money
- Capital investment decisions
- Budgeting
- 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
Workshop
Face to Face On Campus 3 hour(s) per Week for 13 Weeks
This course will require preparatory activity outside the face-to-face contact hours described
Ourimbah
Workshop
Face to Face On Campus 2 hour(s) per Week for 13 Weeks
UoN Singapore
Lecture
Face to Face On Campus 2 hour(s) per Week for 13 Weeks
Tutorial
Face to Face On Campus 1 hour(s) per Week for 12 Weeks