UnitLevel 1Undergraduate

ACF1200 Accounting for managers

Faculty of Business and Economics

ACF1200 Accounting for managers is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 1 and Semester 2 at Caulfield and City (Melbourne). It has no prerequisites and unlocks 6 units, leading on to 7 units in all.

Credit points: 6
Offered in 2021: Semester 1, Semester 2; Caulfield, City (Melbourne)
Assessment: Exam 50%; and 1 other task
Workload: 144 hours; per semester

This is the 2021 handbook entry. See the 2023 entry.

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Requisites

Before ACF1200

Prohibitions

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

One of

After ACF1200

6 units list ACF1200 as a prerequisite or corequisite.

Enrolment rules

If you are enrolled in course B2029 or B2040 you cannot undertake this unit.

Trimester A, Trimester B, and Trimester C City location offerings for this unit are only available for Bachelor of International Business and associated double degree students.

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 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 2021

Teaching period	Campus	Mode
First semester	Caulfield	On campus
Second semester	Caulfield	On campus
Trimester A	City (Melbourne)	On campus
Trimester B	City (Melbourne)	On campus

Assessment

Within semester assessment
50%
ExaminationThreshold hurdle
50%

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

Workshops33 hours
Lectures18 hours
Tutorials18 hours
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.

Interactive activities in the workshops

Learning resources

Required resources

City campus: Monash University ACC1200 / ACF1200: Accounting for Managers (Custom Text), 2nd edition

Technology resources

The only Faculty approved calculators permitted in tests and examinations for all Australian campuses and locations is the HP10bII+ or Casio FX82 (any suffix).

Contacts

Chief Examiners: Ms Ellinor Allen; Mr Tirukumar Thiagarajah; Ms Tao Tao; Dr Dharmendra Naidu
Unit Coordinators: Merideth Guy

Common questions

What are the prerequisites for ACF1200?

ACF1200 has no prerequisites, but enrolment rules apply.

What can I take after ACF1200?

ACF1200 is a prerequisite or corequisite for 6 units, including ACB2420, ACC2400, ACF2400, ACX2400, ACX2900 and ACX3300. Those lead on to 7 units in all.

When is ACF1200 offered?

In 2021, ACF1200 runs in Semester 1 and Semester 2 at Caulfield and City (Melbourne).

How much work is ACF1200?

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

Does ACF1200 have an exam?

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

More details

Credit points: 6
Level: 1
Study level: Undergraduate
Faculty: Faculty of Business and Economics
Organisational unit: Department of Accounting

Type: Coursework
EFTSL: 0.125
Student contribution: SCA Band 4
Study abroad: Available
Handbook years: 202020212022 2023