MBA5243 Accounting for decision making
Faculty of Business and Economics
MBA5243 Accounting for decision making is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2025 in Semester 1 at Caulfield. It has no prerequisites.
- Credit points
- 6
- Offered in 2025
- Semester 1
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 153 hours
- per semester
This is the 2025 handbook entry. See the 2027 entry.
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Requisites
Before MBA5243
No prerequisites or corequisites besides the enrolment rules below.
After MBA5243
No unit lists MBA5243 as a prerequisite in the 2025 handbook.
Enrolment rules
You must be enrolled in course B6017, B6054 or B9001 to undertake this unit.
Overview
Identifying, measuring, interpreting and communicating critical revenue and cost data and information are key elements of financial and managerial accounting. Accounting for Decision-making / Financial and Management Accounting recognises the role of the manager in understanding the past and forming visions for the future; it provides a multidimensional view on accounting and financial reporting. Financial accounting coverage will involve the components of financial statements and their preparation and analysis. Management accounting will consider the application of cost accounting techniques to key strategic decisions in the organisation and their link to business strategy. Data analytics and data visualisation techniques will feature, as will the engagement with ethical and social implications of accounting practices and technologies.
Offerings in 2025
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus, block |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
interpret and evaluate financial reports having regard to key accounting concepts and social and ethical considerations
- 2
analyse financial information through financial ratio analysis and variance analysis and communicate key findings relating to business performance
- 3
demonstrate management accounting concepts, techniques and issues
- 4
apply data analytics and data visualisation to the interpretation and communication of financial information.
Workload and teaching
- Seminars45 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 153 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.
Contacts
- Chief Examiners
- Dr Carly Moulang
Common questions
What are the prerequisites for MBA5243?
MBA5243 has no prerequisites, but enrolment rules apply.
When is MBA5243 offered?
In 2025, MBA5243 runs in Semester 1 at Caulfield.
How much work is MBA5243?
The handbook expects about 153 hours of study across the semester. No students have rated its difficulty yet.
Does MBA5243 have an exam?
No. MBA5243 has 1 assessment task and no exam.