ACF5350 Applied contemporary accounting
Faculty of Business and Economics
ACF5350 Applied contemporary accounting is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 1 and Semester 2 at Caulfield. It has no prerequisites.
- Credit points
- 6
- Offered in 2022
- Semester 1, Semester 2
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2027 entry.
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Requisites
Before ACF5350
No prerequisites or corequisites besides the enrolment rules below.
After ACF5350
No unit lists ACF5350 as a prerequisite in the 2022 handbook.
Enrolment rules
You must have passed three of the following units: ACF5100, ACF5120, ACF5150 or ACF5330 to undertake this unit.
Overview
This capstone unit requires students to synthesise, analyse, evaluate and apply prior knowledge and skills gained throughout the Master of Accounting in a manner that is designed to enhance their ability to transition to a chosen career path. The unit adopts a thematic approach that examines how external and regulatory factors, decision making processes, and stakeholder expectations interact to drive contemporary organisational success. Collectively, these three interrelated pillars of knowledge provide a comprehensive framework for those aspiring for challenging accounting and finance positions. Content is delivered in a weekly seminar format and draws upon selected case studies that cover topics including strategy, corporate governance, financial reporting and performance management. Given the integrative nature of the unit, assessment is primarily based on a combination of individual and group case study analysis.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus |
| Second semester | Caulfield | Evening |
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessmentThreshold hurdle100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
analyse, synthesise and evaluate the effect of accounting policies, regulatory requirements and other external factors on organisational performance
- 2
analyse, synthesise and evaluate drivers of sustainable competitive advantage and value creation in various organisational and industry settings, including their impact on stakeholder satisfaction
- 3
analyse, synthesise and evaluate contemporary performance management systems (PMS) and the role played by PMS in strategy formulation and decision making
- 4
demonstrate written and presentation skills at a level required for a senior career in accounting and business
- 5
demonstrate research and analytical skills to solve complex accounting and business problems and ethical dilemmas
- 6
demonstrate a capacity to work independently and lead and participate in teams.
Workload and teaching
- Workshops36 hours
- Teaching approachProblem-based learning
- Teaching approachCase-based teaching
- 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 students 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 includes case-based teaching, where students apply their knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but students need to work together to examine, analyse and make decisions to resolve the situation.
This unit engages students in actively applying their knowledge, skills and attributes in interactive, collaborative and reflective activities.
Contacts
- Chief Examiners
- Dr Sunyoung Kim
Common questions
What are the prerequisites for ACF5350?
ACF5350 has no prerequisites, but enrolment rules apply.
When is ACF5350 offered?
In 2022, ACF5350 runs in Semester 1 and Semester 2 at Caulfield.
How much work is ACF5350?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACF5350 have an exam?
No. ACF5350 has 1 assessment task and no exam.