GSBS6200Financial and Management Accounting

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.

Availability2020 Course Timetables

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

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