Available in 2021
Course code

GSBS6200

Units

10 units

Level

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.


Availability2021 Course Timetables

Sydney Elizabeth Street

  • Trimester 3 - 2021

PSB Singapore

  • Trimester 2 - 2021 (Singapore)

Online

  • Trimester 2 - 2021
  • Trimester 3 - 2021

Newcastle City Precinct

  • Trimester 2 - 2021
  • Trimester 3 - 2021

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

Online

Online Activity

Online 3 hour(s) per Week for Full Term

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

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.