MONASH UNIVERSITY FACULTY HANDBOOKS

Business & Economics Handbook 1996

Published by Monash University
Clayton, Victoria 3168, Australia

Authorised by Academic Registrar, April 1996


ACC6050

Business and financial control systems

Mr Denis Fettes

6 points + 39 hours per semester + First, second, summer semester + Caulfield, in-house

Objectives On completion of this subject students should be able to use a range of accounting techniques to evaluate the financial implications of business actions and strategies; converse with accountants using the language of accounting.

Synopsis Seminars will cover financial accounting methodology, preparation, analysis and interpretation of financial reports; cost of capital and target profit planning; cost behaviour and cost-volume-profit analysis; budgeting; working capital marketing; capital expenditure analysis; standard costing, flexible budgets and variance analysis; control of profit and investment centres.

Assessment Written (3000-4000 words): 30% + Semester test: 30% + Examination (3 hours): 40%


| Subjects - Caulfield and Peninsula | Business & Economics Handbook | Monash handbooks | Monash University