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Prior completion of BFA507 OR BFA707 The Accounting Framework means that BFA526 should not be taken, although BFA526 is not equivalent to BFA507 for the purposes of credit to the MPA or MPAS.


This unit focuses on role of accounting for managers. Students will learn to use financial and management accounting techniques to enable and enhance their decision making. Financial statement analysis will help students make decisions about an organisation’s financial position, performance and cash flow. Students will also explore other forms of corporate reporting and critically evaluate issues of ethics and corporate governance in business.

Summary 2021

Unit name Accounting for Managers
Unit code BFA526
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Accounting and Accountability

Dr Bernadette Smith

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



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* 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).

About Census Dates

Learning Outcomes

ILO1Appraise and apply financial accounting in the preparation of simple financial reports.
ILO2Critically analyse and evaluate information from organisations to make decisions and communicate these through written reports.
ILO3Appraise and apply management accounting techniques for business planning, control and capital investment decisions.




There are no formal prerequisite units for BFA526. However, you should:

  • have adequate English language skills;
  • have a basic understanding of numbers and how to use them in calculations;
  • be familiar with the use of Microsoft Excel, a fundamental tool used to help you to analyse financial data. You should be able to set up a spreadsheet, enter formulae and execute calculations. and
  • be familiar with the global business environment and keep abreast of developments reported in various media.

Mutual Exclusions

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



Teaching Pattern

Please see the unit outline for details.


Test (20%), Quizzes (10%), Assignment (20%), Exam (50%)

TimetableView the lecture timetable | View the full unit timetable



Please see the unit outline for details.

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