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.

MBA5904 - Interpreting accounting information

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

MBA Program

Coordinator(s)

Associate Professor Michaela Rankin

Offered

Not offered in 2016

Synopsis

This unit introduces students to financial and management accounting and examines how the two interrelated components of the accounting function are used to generate information that is used by internal and external stakeholders to aid planning, decision making and control. Through a focus on the application of accounting principles, concepts and practices, the unit aims to provide insight into the structure and content of financial and management accounting, as well as the interface between them. This can assist organisations to create sustainable economic, social and environmental value. Further, the unit examines how accounting information is used to gain intelligence about all aspects of business operations, both historic and projected.

Outcomes

The learning goals associated with this unit are to:

analyse, apply and appraise the theory and techniques of accounting practice to different scenarios, and appraise the assumptions and complexities involved
examine, interpret and communicate accounting information to users for use in planning, decision making and control, while demonstrating cognisance of the use, limitations and evolving nature of this information
interpret and evaluate financial information as a basis for making economic decisions about the deployment of resources that can assist organisations in creating sustainable economic, social and environmental value.

Assessment

Within semester assessment: 50% Examination: 50%

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.

Chief examiner(s)

Associate Professor Michaela Rankin

Co-requisites

Students must be enrolled in one of the following courses to undertake this unit: 0028 or 4437.

Prohibitions

MBA9004, GSB9004, AFX9500, ACX5950, AFX9550, ACF5955, MBA5704