Business information
Richard Hartshorn
6 points
* 12 hours per week
* First semester
* Gippsland,
Distance
Objectives On completion of this subject students should be able to understand the basic principles of accounting, decision making, budgeting and performance evaluation; and understand the role of business systems as part of communication and decision making processes where timely and relevant information is necessary.
Synopsis Topics include an overview of business systems: EIS, MIS, AIS; spreadsheets and DBMS; electronic commerce; business management: information needs of users, role of accounting information, types of accounting reports; financial and management accounting; contemporary business environment; basic accounting concepts: financial accounting, management accounting; general accounting systems (computerised): transactions processing, source documents, internal control, and accounting reports, production of reports; business decision making: tactical and strategic decision, capital investment decisions, cost-benefit analysis, evaluation of alternate proposals; financial statement analysis; budgeting and performance evaluation: goals and objectives, strategic planning masters budgets, cash flows, sales and profit forecasts, variance analysis and performance reporting; design of accounting information systems: case study approach on designing an AIS for a small business.
Assessment Assignment: 15%
* Major project: 25%
* Examination (3
hours): 60%
Prescribed texts
Bazley M and others Contemporary accounting: A conceptual approach 2nd edn, Nelson, 1995
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