AFW1000 - Principles of accounting and finance

Leader(s): Dr Abdel Halabi

Offered

Berwick First semester 2009 (Day)
Berwick Second semester 2009 (Day)
Gippsland First semester 2009 (Day)
Gippsland First semester 2009 (Off-campus)
Gippsland Second semester 2009 (Day)
Gippsland Second semester 2009 (Off-campus)
Sunway First semester 2009 (Day)
Sunway Second semester 2009 (Day)
Sunway Summer semester A 2009 (Day)
Hong Kong First semester 2009 (Off-campus)
Singapore First semester 2009 (Off-campus)
Peninsula First semester 2009 (Day)
Peninsula Second semester 2009 (Day)
South Africa First semester 2009 (Day)

Synopsis

Topics covered include the accounting equation, general purpose financial reports, cash and accrual accounting, adjustments, financial statement analysis, interpreting information for managers to use in planning, decision making and control, financial mathematics, capital budgeting and investments.

Objectives

The learning goals associated with this unit are to:

• describe the elements of financial reports, apply double entry recording and prepare basic financial reports
• analyse and interpret financial reports and explain their use for decision making
• interpret information (financial and non-financial) for managers to use in planning, decision making and control
• use net present value to make capital budgeting and investment decisions
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with introductory accounting and finance principles.

Assessment

Within semester assessment: 40%
Examination (3 hours): 60%

Contact hours

Two 1-hour lectures and one 1-hour tutorial

Prohibitions

AFC1000, AFC1021, AFC1022, AFF1000, AFF1110, AFW1001