The University of Newcastle, Australia
Available in 2020
Course code



10 units


6000 level

Course handbook


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.

Availability2020 Course Timetables

PSB Singapore

  • Trimester 2 - 2020 (Singapore)
  • Trimester 3 - 2020 (Singapore)


  • Trimester 2 - 2020

Newcastle City Precinct

  • Trimester 2 - 2020
  • Trimester 3 - 2020


  • Trimester 3 - 2020

Sydney Elizabeth Street

  • Trimester 2 - 2020

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;


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

Gosford, Newcastle City Precinct, Online, PSB Singapore and Sydney Elizabeth Street


Face to Face On Campus 3 hour(s) per Week for Full Term


Face to Face On Campus 2 hour(s) per Term Full Term

2 x 1 hr tutorials in weeks 5 & 10