UnitLevel 1Undergraduate

ACI1001 Accounting fundamentals

Faculty of Business and Economics

ACI1001 Accounting fundamentals is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2026. It has no prerequisites.

Credit points
6
Offered in 2026
Other periods
Indonesia
Assessment
No exam
2 tasks
Workload
144 hours
per semester

This is the 2026 handbook entry. See the 2027 entry.

Reviews

No reviews yet

No reviews yet. Be the first to review ACI1001.

Requisites

Enrolment rules

If you are enrolled in course B2007 you cannot undertake this unit.

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

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 2026

Teaching periodCampusMode
Monash Indonesia semester 2IndonesiaOn campus

Assessment

  • Written
    60%
  • Presentation
    40%

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Learning outcomes

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

  1. 1

    demonstrate an understanding of various forms of business organisation

  2. 2

    apply financial and management accounting principles in the interpretation of financial statements

  3. 3

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

  4. 4

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

  5. 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

  • Lectures12 hours
  • Tutorials24 hours
  • Teaching approachActive 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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

This unit includes problem-based learning approaches, where you 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.

Learning resources

Required resources

Accounting for Managers (Custom Text), 2nd edition

Technology resources

There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.

Contacts

Chief Examiners
Triana Hadiprawoto

Common questions

What are the prerequisites for ACI1001?

ACI1001 has no prerequisites, but enrolment rules apply.

When is ACI1001 offered?

ACI1001 has no offerings listed in the 2026 handbook.

How much work is ACI1001?

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

Does ACI1001 have an exam?

No. ACI1001 has 2 assessment tasks and no exam.

More details

Credit points
6
Level
1
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Not available
Handbook years
20262027