ACCT102-12S1 (C) Semester One 2012
Accounting and Financial Information

Description

ACCT102 is a Core paper within the Bachelor of Commerce, and aims to introduce students to the broad functions of accounting and finance within business and society.  The paper examines how accounting and financial information is used and the information needs of decision makers.

For students not intending to major in accounting or finance, the course will provide the understanding and skills to read and use accounting and financial information within their particular degree specialisations.

For students intending to major in accounting or finance, the course will provide a broad overview of the range and scope of accounting and financial information within the business environment as a foundation for further study.

Learning Outcomes

The broad objectives of the course are that students will demonstrate an understanding of:

o  The structure and functions of general purpose financial reports from a reader’s perspective.

o  Business finance techniques, including the time value of money, risk and return, project evaluation and the cost of capital.

o  Management accounting techniques, including cost volume profit, cost accounting systems, budgeting and control.

Restrictions

For further information see Department of Accounting and Information Systems on the department and colleges page.