ACF1001 Accounting fundamentals

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

1. 1

   FIRST SEMESTER: demonstrate an understanding of various forms of business organisation

   SECOND SEMESTER: explain the role of accounting in various forms of business organisation and its contribution to effective managerial decision-making

2. 2

   FIRST SEMESTER: apply financial and management accounting principles in the interpretation of financial statements

   SECOND SEMESTER: apply core financial and management accounting principles in evaluations of financial statements and business performance

3. 3

   FIRST SEMESTER: measure and interpret information relating to financial performance, financial position, liquidity and risk indicators of businesses

   SECOND SEMESTER: analyse financial and non-financial information to inform planning, budgeting, and performance management

4. 4

   FIRST SEMESTER: measure and interpret financial and non-financial information for managers to use in planning, decision making and control

   SECOND SEMESTER: evaluate business decisions and accounting practices in relation to sustainability, ethics, inclusivity, and social and environmental responsibility

5. 5

   FIRST SEMESTER: develop the ability to work effectively in a team and demonstrate the development of judgement, and skills in problem solving, critical thinking and analysis.

   SECOND SEMESTER: demonstrate effective team communication and collaboration by contributing to shared problem-solving and group learning processes.