units

BFS5959

Faculty of Business and Economics

18 September 2017 22 November 2024
Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelPostgraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Banking and Finance
OfferedSouth Africa First semester 2014 (Day)
South Africa Second semester 2014 (Day)
Coordinator(s)Ms Blanche Steyn

Synopsis

This unit provides an introduction to terminology, concepts and techniques used in accounting and finance. Important areas to be discussed include understanding financial statements, basic analysis of financial statements, working capital management, the framework of capital budgeting, and time value of money. International issues in accounting will also be examined. The emphasis will be on decision making and value creation in a global environment.

Outcomes

The learning goals associated with this unit are to:

  1. develop an understanding of the nature and roles of accounting and finance in managing in a global environment
  2. explore the process of value management in a global world
  3. develop competencies and computational skills required to prepare and evaluate the strategies and tactics associated with value creation
  4. develop an appreciation for the relevance of theory and its linkage with practice
  5. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with principles of accounting and finance and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered in BFS5959.

Assessment

Within semester assessment: 50%
Examination: 50%

Workload requirements

Minimum total expected workload equals 144 hours per semester

Prohibitions

AFX9590, BFF5959, BFM5959, BFZ5959