GSBS6200
10 units
6000 level
Course handbook
Description
This course introduces financial and management accounting to non-accountants. It aims to provide an understanding of the main accounting concepts and the practical use of accounting and financial information for decision making and the achievement of business goals.
Availability2022 Course Timetables
PSB Singapore
- Trimester 2 - 2022 (Singapore)
Newcastle City Precinct
- Trimester 1 - 2022
- Trimester 2 - 2022
- Trimester 3 - 2022
Online
- Trimester 1 - 2022
- Trimester 2 - 2022
- Trimester 3 - 2022
Sydney Elizabeth Street
- Trimester 1 - 2022
- Trimester 3 - 2022
Learning outcomes
On successful completion of the course students will be able to:
1. Demonstrate knowledge of the main principles behind the preparation and interpretation of financial statements;
2. Analyse the cash flow, financial performance and financial position of a business using published financial statements;
3. Explain the ways in which accounting contributes to management decision making;
4. Apply cost-volume-profit analysis;
5. Apply cost accounting concepts in decision making;
6. Construct and analyse budgets;
7. Demonstrate knowledge of the application of capital budgeting methods;
Content
The topics in this course include the following:
1. Introduction to Accounting
2. Measuring and Reporting Financial Position, Financial Performance and Cash Flow
3. Analysis and Interpretation of Financial Statements
4. Cost Volume Profit Analysis, Marginal Analysis and Costing
5. Costing and pricing in an entity
6. Budgeting
7. Capital Investment Decisions
Assessment items
Quiz: In Class Quiz
Project: Presentation - Group Project
Formal Examination: Final examination
Contact hours
Newcastle City Precinct
Lecture
Face to Face On Campus 3 hour(s) per Week for Full Term
Tutorial
Face to Face On Campus 2 hour(s) per Term Full Term
2 x 1 hr tutorials in weeks 5 & 10
PSB Singapore
Lecture
Face to Face On Campus 3 hour(s) per Week for Full Term
Tutorial
Face to Face On Campus 2 hour(s) per Term Full Term
2 x 1 hr tutorials in weeks 5 & 10
Online
Online Activity
Online 3 hour(s) per Week for Full Term
Sydney Elizabeth Street
Lecture
Face to Face On Campus 3 hour(s) per Week for Full Term
Tutorial
Face to Face On Campus 2 hour(s) per Term Full Term
2 x 1 hr tutorials in weeks 5 & 10
The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.