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 2024 in Semester 1 and Semester 2 at Malaysia. It has no prerequisites and unlocks 4 units, leading on to 6 units in all.
- Credit points
- 6
- Offered in 2024
- Semester 1, Semester 2
- Malaysia
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
Reviews
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Requisites
Before ACW1020
Prohibitions
You can't enrol if you have passed any of these.
- ACC1100Introduction to financial accountingNo reviews yet
- ACW1120Financial accounting 1No reviews yet
- ACB1020Accounting in businessNo reviews yet
- ACC1001Accounting fundamentalsNo reviews yet
- ACX1001Accounting fundamentalsNo reviews yet
- ACF1100Introduction to financial accountingNo reviews yet
- ACB1120Financial accounting 1No reviews yet
- ACF1001Accounting fundamentalsNo reviews yet
After ACW1020
4 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, 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 issues confronting managers, such as cost, budgeting, and Environmental, Social and Governance (ESG).
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | Online |
| Second semester | Malaysia | Online |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
FIRST SEMESTER: describe the role of accounting in business
SECOND SEMESTER: describe the role of accounting in business
- 2
FIRST SEMESTER: apply accounting principles and concepts in the interpretation of financial statements
SECOND SEMESTER: apply accounting principles and concepts in the interpretation of financial statements
- 3
FIRST SEMESTER: interpret information relating to financial performance, financial position, liquidity and risk indicators of businesses
SECOND SEMESTER: interpret information in financial statements, with a focus on assessing financial performance, financial position, liquidity, and key risk indicators of businesses to make informed decisions and recommendations for effective financial management
- 4
FIRST SEMESTER: evaluate financial and non-financial information for managers to use in planning, decision making and control
SECOND SEMESTER: examine issues confronted by managers in the decision-making process.
- 5
FIRST SEMESTER: examine issues confronted by managers in the decision-making process.
SECOND SEMESTER: NA
Workload and teaching
- Tutorials24 hours
- Teaching approachActive learning
- Teaching approachCase-based teaching
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 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.
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 4 units, including ACB2420, ACC2400, ACF2400 and ACX2400. Those lead on to 6 units in all.
When is ACW1020 offered?
In 2024, ACW1020 runs in Semester 1 and Semester 2 at Malaysia, with an online option.
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?
No. ACW1020 has 1 assessment task and no exam.