UnitLevel 5Postgraduate

ACF5903 Accounting for business

Faculty of Business and Economics

ACF5903 Accounting for business is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 1 and Semester 2 at Caulfield and Suzhou. It has no prerequisites and unlocks 2 units, leading on to 5 units in all.

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

The 2027 handbook has no page for ACF5903. This is its 2021 entry, the latest one.

Reviews

No reviews yet. Be the first to review ACF5903.

Requisites

Before ACF5903

Prohibitions

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

One of

After ACF5903

2 units list ACF5903 as a prerequisite or corequisite.

Enrolment rules

If you are enrolled in course B6002, B6011 or B6015 you cannot undertake 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 you 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 2021

Teaching period	Campus	Mode
First semester	Caulfield	On campus
First semester	Suzhou	On campus
Second semester	Caulfield	On campus
Second semester	Caulfield	Evening
Second semester	Suzhou	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
informed by an introductory understanding of the accounting process and the presentation of financial statements, critically use financial accounting information to make decisions about financial and other aspects of business performance
3
in the decision making context, 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

Lectures24 hours
Tutorials12 hours
Teaching approachActive learning
Teaching approachEnquiry-based learning
Teaching approachCase-based teaching
Teaching approachPeer assisted learning
Teaching approachProblem-based 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: Dr Karen Zhang

Common questions

What are the prerequisites for ACF5903?

ACF5903 has no prerequisites, but enrolment rules apply.

What can I take after ACF5903?

ACF5903 is a prerequisite or corequisite for 2 units, including ACF5130 and ACF5955. Those lead on to 5 units in all.

When is ACF5903 offered?

In 2021, ACF5903 runs in Semester 1 and Semester 2 at Caulfield and Suzhou.

How much work is ACF5903?

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

Does ACF5903 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 4
Study abroad: Available
Handbook years: 20202021