ACC1200 Accounting for managers
Faculty of Business and Economics
ACC1200 Accounting for managers is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 and Semester 2 at Clayton. It has no prerequisites and unlocks 5 units, leading on to 6 units in all.
- Credit points
- 6
- Offered in 2023
- Semester 1, Semester 2
- Clayton
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ACC1200. This is its 2023 entry, the latest one.
Reviews
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Requisites
Before ACC1200
Prohibitions
You can't enrol if you have passed any of these.
- ACC1100Introduction to financial accountingNo reviews yet
- ACW1120Financial accounting 1No reviews yet
- ACB1020Accounting in businessNo reviews yet
- ACF1100Introduction to financial accountingNo reviews yet
- ACX1100Introduction to financial accountingNo reviews yet
- ACF1200Accounting for managersNo reviews yet
- ACX1200Accounting for managersNo reviews yet
- ACB1120Financial accounting 1No reviews yet
- ACW1020Accounting in businessNo reviews yet
After ACC1200
5 units list ACC1200 as a prerequisite or corequisite.
Enrolment rules
If you are enrolled in course B2007 you cannot undertake this unit.
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit introduces basic accounting concepts to non-accountants. The information requirements of two main groups of information users are examined - external users such as current and potential investors and internal users such as managers. This unit provides an introduction to the structure, meaning, analysis and interpretation of financial statements, in addition to exploring financial issues confronting managers, such as cost and performance measurement and budgeting.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment50%
- ExaminationThreshold hurdle50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
demonstrate an understanding of various forms of business organisation
- 2
apply financial and management accounting principles in the interpretation of financial statements
- 3
measure and interpret information relating to financial performance, financial position, liquidity and risk indicators of businesses
- 4
measure and interpret financial and non-financial information for managers to use in planning, decision making and control
- 5
develop the ability to work effectively in a team and demonstrate the development of judgement, and skills in problem solving, critical thinking and analysis.
Workload and teaching
- Tutorials18 hours
- Lectures18 hours
- Teaching approachProblem-based learning
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Technology resources
There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.
Where it fits
ACC1200 is part of 2 areas of study in the 2023 handbook.
Contacts
- Chief Examiners
- Ms Ellinor Allen
- Mr Tirukumar Thiagarajah
Common questions
What are the prerequisites for ACC1200?
ACC1200 has no prerequisites, but enrolment rules apply.
What can I take after ACC1200?
ACC1200 is a prerequisite or corequisite for 5 units, including ACB2420, ACC2400, ACF2400, ACX2400 and ACX3300. Those lead on to 6 units in all.
When is ACC1200 offered?
In 2023, ACC1200 runs in Semester 1 and Semester 2 at Clayton.
How much work is ACC1200?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACC1200 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ACC1200?
ACC1200 is part of Sustainability.