Accounting and Accountability for Decision Making unit (XPD509)

Introduction

The Accounting Framework is an introductory accounting unit concerned with the fundamentals of financial accounting. The unit includes an introduction to the basic principles of accrual accounting and the five elements of financial reports (i.e. assets, liabilities, owners equity, revenue and expenses). The unit focusses on the key financial statements from the preparers perspective – the balance sheet, income statement and statement of cash flows. Topics covered in the unit include measuring and reporting financial position, the accounting cycle, inventory, internal control and cash, non-current assets, cash flow statements and accounting policy choice.

Summary

Unit name	Accounting and Accountability for Decision Making
Unit code	XPD509
Credit points	12.5
College/School	Academic Division Learning Teaching Performance
Discipline	University Pathways
Coordinator	Mr Mustajab Ahmed Soomro
Delivered By	Third Party(ies): UP Education
Level	Postgraduate

Availability

Specific information on 2027 unit availability will be available in August

Learning Outcomes

• Apply accounting and accountability concepts to accounting systems and reporting
• Critique complex financial and non-financial reports for potential accounting issues
• Prepare financial statements using contemporary accounting theory and practice for management decision-making

Fee Information

2027 fee information will be available in August.

Requisites

Mutual Exclusions

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

BFA707 AND BFA582 AND BFA526 AND BAA515 AND BFA507 AND XPD505

Teaching

Teaching Pattern	Attending (face-to-face) students will need to attend three (3) hours of workshops each week for this unit. Attending (face-to-face) students will need to attend two (2) hours of tutorials each week for this unit. Details about the date, time and location of workshops and tutorials can be accessed from the University of Tasmania Class Timetable which can be viewed at http://student.admin.utas.edu.au/coursesenrolment/timetable/
Assessment	Oral presentation (25%)|Case Study Critique (35%)|End of Semester Exam (40%)
Timetable	View the lecture timetable | View the full unit timetable

Textbooks

Required	Required readings will be listed in the unit outline prior to the start of classes.

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