UO Accounting Principles for Business Decisions

Course aim

The course provides students with an introduction to principles of management accounting and finance, and examines how financial information is used in business decision making. The course uses an applied approach to illustrate how accounting and financial management concepts operate in a broad range of situations relevant to a future career in business.

Students enrolled in a program requiring the completion of ACCT 1011 Accounting for Business cannot enrol in ACCT 1010 Accounting Principles for Business Decisions.

Course content

Key Accounting and Cost Concepts
Business Sustainability and Business Structures
Business Transactional and Balance Sheet
Income Statement and Statement of Changes in Equity
Analysis and Interpretation of Financial Statement
Budgeting
Cost Volume Profit Analysis
Costs and Pricing
Financing the Business

Textbooks

Birt J, Chalmers K, Maloney S, Brooks A & Oliver J 2017, Accounting: business reporting for decision making, 6th edn, Wiley, Milton, Queensland - ebook

Prerequisites

Nil

Corequisite(s)

Nil

Teaching Method

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Examination, Report

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation