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UnitLevel 1Undergraduate

ACW1020 Accounting in business

Faculty of Business and Economics

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ACW1020 Accounting in business 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 Malaysia. It has no prerequisites and unlocks 7 units, leading on to 8 units in all.

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

This is the 2021 handbook entry. See the 2027 entry.

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Requisites

Before ACW1020

Prohibitions

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

One of

After ACW1020

7 units list ACW1020 as a prerequisite or corequisite.

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 periodCampusMode
First semesterMalaysiaOn campus
Second semesterMalaysiaOn campus

Assessment

  • Within semester assessment
    50%
  • Examination
    50%

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 preparation 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

  • 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.

Contacts

Chief Examiners
Dr Saadiah Munir

Common questions

What are the prerequisites for ACW1020?

ACW1020 has no prerequisites.

What can I take after ACW1020?

ACW1020 is a prerequisite or corequisite for 7 units, including ACB2420, ACC2400, ACF2400, ACX2400, ACX2900 and BEW3555. Those lead on to 8 units in all.

When is ACW1020 offered?

In 2021, ACW1020 runs in Semester 1 and Semester 2 at Malaysia.

How much work is ACW1020?

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

Does ACW1020 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
20202021202220232024202520262027