Welcome to this foundation unit for students intending to undertake an Accounting Major in the Bachelor of Business. This unit is compulsory and is an important pre-requisite for second and third-year units. Accounting is a technical, social and moral practice and this unit reflects this. You will consider the fundamental principles that underpin accrual accounting and financial reporting including how and why financial transactions are recorded as they are. The elements of the accounting cycle and techniques of measurement, recording and reporting for decision-makers are also considered. This unit expands on the role accounting plays in providing accountability. This unit also introduces you to accounting information systems and accounting software.
|Unit name||Applied Accounting Systems|
|College/School||College of Business & Economics
Tasmanian School of Business and Economics
|Coordinator||Mr Jason Ketchell|
|Available as an elective?||Yes|
|Delivered By||University of Tasmania|
|Location||Study period||Attendance options||Available to|
|Launceston||Accelerated Study Period 2||On-Campus||International||Domestic|
|Launceston||Accelerated Study Period 3||On-Campus||International||Domestic|
|Cradle Coast||Accelerated Study Period 2||On-Campus||International||Domestic|
|Cradle Coast||Accelerated Study Period 3||On-Campus||International||Domestic|
|Online||Accelerated Study Period 2||Off-Campus||International||Domestic|
|Online||Accelerated Study Period 3||Off-Campus||International||Domestic|
- International students
- Domestic students
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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
|Study Period||Start date||Census date||WW date||End date|
|Accelerated Study Period 2||27/5/2024||19/6/2024||11/7/2024||25/8/2024|
|Accelerated Study Period 3||16/9/2024||9/10/2024||31/10/2024||15/12/2024|
* 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 (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
- Apply accountability and accounting principles to make informed decisions.
- Apply accounting information systems to record business transactions and evaluate organisational risk.
- Use professional communication skills to convey accounting information, individually and in team environments.
The 2024 Commonwealth Supported Place (CSP) rates are still being finalised by the Government and we will update the domestic fee information as soon as we have more details.
You cannot enrol in this unit as well as the following:XPD107
|Assessment||Online Quiz via Respondus (20%)|Case Study (40%)|Exam via Respondus (40%)|
|Timetable||View the lecture timetable | View the full unit timetable|
This unit does not have a required text, but has a number of recommended texts that will be referenced throughout the weekly content.
The recommended texts for this unit are as follows:
Deegan, C 2020, Financial Accounting, McGraw-Hill, NSW.
Deegan, C 2023, An introduction to accounting: accountability in organisations and society, Cengage, Victoria.
Romney, M, Steinbart, P, Summers, S and Wood, D 2021, Accounting Information Systems, Pearson Education, United Kingdom.
|Links||Booktopia textbook finder|
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.