ACM5903 - Accounting for business - 2019

This unit is an introduction to basic concepts in accounting and finance and the application of these concepts for decision-making by a wide range of potential users (e.g., shareholders, investment analysts, lenders, managers, etc). This unit is appropriate for those students who wish to specialise in accounting and finance, and whose primary interest lies elsewhere in the field of business. This unit will provide a clear understanding of the accounting process and the language of accounting to enable communication with an accounting professional, understand the relevance of accounting information for informed decision-making by a wide range of potential users, and have the ability to analyse and interpret accounting information.

The learning goals associated with this unit are to:

1. demonstrate an understanding of various forms of business organisations
2. apply financial and management accounting principles in the preparation of financial statements
3. measure and interpret basic concepts and principles of accounting and financial management in making investment decisions
4. develop the ability to work effectively in a team; demonstrate the development of skills in critical analysis and problem solving.

Within semester assessment: 50% + Examination: 50%

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