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 that 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||Accountability and Accounting|
|Coordinator||Mr Syed Fahad (Syed) Ashraf|
|Available as student elective?||No|
|Delivered By||Third Party (UP Education)|
|Location||Study period||Attendance options||Available to|
- International students
- Domestic students
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|Study Period||Start date||Census date||WW date||End date|
* 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 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021.
- Use accounting principles to measure and report on the financial position of a business.
- Analyse and interpret financial reports
- Use financial information for internal decision-making purposes
|Field of Education||Commencing Student Contribution 1||Grandfathered Student Contribution 1||Approved Pathway Course Student Contribution 2||Domestic Full Fee|
1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
3 Please refer here for eligibility for HECS-HELP
4 Please refer here for eligibility for FEE-HELP
Please note: international students should refer to this page to get an indicative course cost.
|Assessment||Mid Semester Test (20%)|Examination (60%)|Group Case Study (20%)|
|Timetable||View the lecture timetable | View the full unit timetable|
Required readings will be listed in the unit outline prior to the start of classes.
|Links||Booktopia textbook finder|
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