UnitLevel 5Postgraduate

ACC5903 Accounting for business

Faculty of Business and Economics

ACC5903 Accounting for business is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 1 and Semester 2 at Clayton. It has no prerequisites and unlocks 2 units, leading on to 5 units in all.

Credit points: 6
Offered in 2020: Semester 1, Semester 2; Clayton
Assessment: Exam 50%; and 1 other task
Workload: 144 hours; per semester

This is the 2020 handbook entry. See the 2021 entry.

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Requisites

Before ACC5903

Prohibitions

You can't enrol if you have passed any of these.

One of

After ACC5903

2 units list ACC5903 as a prerequisite or corequisite.

Enrolment rules

Students enrolled in course B6002, B6011 or B6015 are prohibited from undertaking this unit.

Equivalent units

The same content under another code. Only one of them counts.

Overview

This unit examines the use of both financial and management accounting information for decision making. Whilst emphasising interpretation by users of accounting information, the unit will also provide students with an introduction and understanding of the preparation, presentation, and interpretation of financial statements. Similarly, the unit will provide an introduction to the preparation and presentation of various forms of management accounting information and aspects of management control. The unit will also provide an introduction to business structures and the governance and regulatory arrangements in respect of financial reporting that pertain to them.

Offerings in 2020

Teaching period	Campus	Mode
First semester	Clayton	On campus
First semester	Clayton	Evening
Second semester	Clayton	On campus

Assessment

Within semester assessment
50%
ExaminationThreshold hurdle
50%

Learning outcomes

When you finish this unit, you should be able to:

1
describe the merits, and regulatory and financial reporting implications of various forms of business structure
2
understand the accounting process and the presentation of financial statements and critically use financial accounting information to make decisions about financial and other aspects of business performance
3
apply management accounting techniques relating to full and relevant costing, cost volume profit analysis, budgeting, capital management and accounting for sustainability
4
demonstrate the application of judgement, problem solving, critical thinking and analytical skills.

Workload and teaching

Tutorials13 hours
Tutorials12 hours
Lectures12 hours
Lectures24 hours
Teaching approachPeer assisted learning
Teaching approachWork-integrated 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.

Learning resources

Required resources

Students must have access to Pearson's Revel product: Atrill's Accounting for Non-Specialists, 7th edition by Atrill, McLaney and Harvey . This is an interactive reading and learning environment. Details in regard to gaining access the Revel platform

Contacts

Chief Examiners: Mr Greg van Mourik; Dr Karen Zhang

Common questions

What are the prerequisites for ACC5903?

ACC5903 has no prerequisites, but enrolment rules apply.

What can I take after ACC5903?

ACC5903 is a prerequisite or corequisite for 2 units, including ACF5130 and ACF5955. Those lead on to 5 units in all.

When is ACC5903 offered?

In 2020, ACC5903 runs in Semester 1 and Semester 2 at Clayton.

How much work is ACC5903?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ACC5903 have an exam?

Yes. The exam is worth 50% of the final mark, alongside 1 other task.

More details

Credit points: 6
Level: 5
Study level: Postgraduate
Faculty: Faculty of Business and Economics
Organisational unit: Department of Accounting

Type: Coursework
EFTSL: 0.125
Student contribution: SCA Band 3
Study abroad: Not available
Handbook years: 20202021