units

ACF5510

Faculty of Business and Economics

18 September 2017 22 November 2024

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This unit entry is for students who completed this unit in 2016 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.

Monash University

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Accounting

Offered

Caulfield

  • First semester 2016 (Day)
  • Second semester 2016 (Day)

Synopsis

Accounting is concerned with the provision, analysis and communication of information to stakeholders. Accountants record, summarise, classify, interpret and communicate both financial and non-financial information. In this capstone unit, students will consolidate their previous learning gained throughout the Master of Professional Accounting course and apply their skills and knowledge directly in a team-based environment. The unit aims to prepare students for an accounting and finance career path. Using a virtual integrated business environment, the unit showcases a thematic approach that allows the interaction of regulatory, economic, social, ethical and global perspectives.

Outcomes

The learning goals associated with this unit are to:

  1. critically evaluate the effect, direct or indirect, of accounting issues, practices and policies on organisational performance
  2. analyse and evaluate drivers of sustainable competitive advantage and value creation in various organisational settings, including their impact on stakeholder satisfaction
  3. appraise the role played by contemporary performance management systems (PMS) in strategy formulation and decision making
  4. enhance your ability to report, interpret and communicate accounting advice and ideas through written and oral presentation
  5. enhance your capacity to work independently, as well as lead, collaborate and participate in teams.

Assessment

Within semester assessment: 100%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Associate Professor Ly-fie Sugianto

Prerequisites

Students must have passed ACF5904 or ACF5958; ACF5955, ACF5956, and ACF5957.