Courses & Units

Accounting and Financial Decision Making BFA103

Hobart, Launceston, Cradle Coast, Hong Kong Universal Ed


This unit provides the opportunity for you to acquire an understanding of business from an accounting perspective and to begin your development of a coherent body of knowledge in accounting and finance. You will develop skills in planning and decision making, as well as learning about how to communicate your findings in an accounting context. This unit is designed specifically to provide you with an understanding of the role that accounting plays in various aspects of financial decision-making in business. A user perspective is adopted in which the outputs of the accounting process are explained and interpreted in both internal and external financial decision contexts.

You will learn how: profit and wealth are measured in a business context; the major financial statements are constructed; and the outputs of the accounting process may be interpreted and used for key business decision-making. For those of you intending to take further units in accounting, this unit will serve as an essential foundation and preparation for continued study. For those of you not intending to take further units in accounting, the experience gained from this unit will also be invaluable. Accounting is often referred to as the language of business, so whatever aspect of business you intend to specialise in, you will need to be familiar with the concepts and principles underlying the practice of accounting and financial reporting.


Unit name Accounting and Financial Decision Making
Unit code BFA103
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Accounting and Corporate Governance

Dr Yousef Shawan

Level Introductory
Available as student elective? Yes
Breadth Unit? No


Location Study period Attendance options Available to
Hobart Semester 1 On-Campus Off-Campus International International International International Domestic Domestic Domestic Domestic
Hobart Semester 2 On-Campus Off-Campus International International Domestic Domestic
Launceston Accelerated Study Period 1 On-Campus International Domestic
Launceston Accelerated Study Period 3 On-Campus International Domestic
Cradle Coast Semester 1 On-Campus International International Domestic Domestic
Hong Kong Universal Ed Semester 2 On-Campus International


International students
Domestic students

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Key Dates

Study Period Start date Census date WW date End date
Semester 1 24/2/2020 23/3/2020 13/4/2020 31/5/2020
Semester 2 13/7/2020 10/8/2020 31/8/2020 18/10/2020
Accelerated Study Period 1 3/2/2020 21/2/2020 19/3/2020 2/5/2020
Accelerated Study Period 3 14/9/2020 2/10/2020 28/10/2020 12/12/2020

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).

Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.

About Census Dates

Learning Outcomes

  • LO1: Use accounting principles to measure and report on the financial position of a business.
  • LO2: Analyse and interpret financial reports.
  • LO3: Use financial information for internal decision-making purposes.



Band CSP Student Contribution Full Fee Paying (domestic) Field of Education
3 2020: $1,394.00 2020: $2,702.00 080101

Fees for next year will be published in October. The fees above only apply for the year shown.

Please note: international students should refer to this page to get an indicative course cost.


Mutual Exclusions

You cannot enrol in this unit as well as the following:



Teaching Pattern

1 x 1 hour lecture per week; 1 x 2 hour seminar.


Internal assessments 40%, Final exam (60%). Please check the unit outline for details.

TimetableView the lecture timetable | View the full unit timetable



You will need the following text:

Birt, J, Chalmers, K, Maloney, S, Brooks, A, & Oliver, J 2017, Accounting Business Reporting for Decision Making, 6th edition, Wiley, Melbourne.

You also need access to a reliable computer with internet access and Microsoft Excel.

Co-op Bookshop links

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.