ACW1020 Accounting in business
Faculty of Business and Economics
ACW1020 Accounting in business is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2022 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 2022
- Semester 1, Semester 2
- Malaysia
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2022 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.
- ACB1120Financial accounting 1No reviews yet
- ACF1200Accounting for managersNo reviews yet
- ACC1100Introduction to financial accountingNo reviews yet
- ACW1120Financial accounting 1No reviews yet
- ACC1200Accounting for managersNo reviews yet
- ACB1020Accounting in businessNo reviews yet
- ACF1100Introduction to financial accountingNo reviews yet
After ACW1020
7 units list ACW1020 as a prerequisite or corequisite.
- ACB2420Accounting information systemsNo reviews yet
- ACC2400Accounting information systemsNo reviews yet
- ACF2400Accounting information systemsNo reviews yet
- ACX2400Accounting information systemsNo reviews yet
- ACX2900Accounting for sustainabilityNo reviews yet
- BEW3555Integrative business practicesNo reviews yet
- MGW2840Leveraging behavioural neuroscience for business impactNo reviews yet
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit introduces basic accounting concepts, principles and issues to non-accountants. It examines the structure and details of financial statements, and discusses the techniques used to analyse and interpret information in financial statements. The unit also explores the financial issues confronting managers, such as measuring performance, costing, budgeting, and capital investment.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | On campus |
| Second semester | Malaysia | On campus |
Assessment
- Within semester assessment50%
- ExaminationThreshold hurdle50%
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 preparation 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
- 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 case-based teaching, where you apply your 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 you need to work together to examine, analyse and make decisions to resolve the situation.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
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 2022, 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.