Accounting for Decision Making

Course aim

This course provides students with theoretical and practical knowledge of:

• The application of financial accounting information to effective management decision making, and explores the role of financial information in organisational management and leadership, business strategy, and business conduct.
• Qualitative research principles and methods applicable to organisational management and leadership, building on the research content of other MBA courses.

Students completing the course develop a body of knowledge that:

• Contributes to a comprehensive and integrated application of the use of financial accounting information for decision making, to the field of senior organisational management and leadership in international business environments.
• Provides a pathway for further learning.

Course content

Topics covered in this course include:

• Understanding financial statements.
• Cash flows & annual reports.
• Ratios & financial analysis.
• Contemporary issues in financial accounting.
• Financial risk management.
• Understanding costs, analysing cost behaviour, and costs of responsibility centres and products.
• Budgeting and control.
• Strategic profit management.

Textbook(s)

Anthony RN, Hawkins DF & Merchant KA 2011, Accounting: text & cases - International Edition, 13th edn, McGraw-Hill/Irwin, New York, NY

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number	Course Name
BUSS 5244	Contemporary Management Skills

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Seminar (Compulsory Introductory Seminar )	4 hours x N/A
Seminar	3 hours x 11
EXTERNAL, CITY WEST, ONLINE
External (Asynchronous Online Discussion plus 1 hour per week of Compulsory Synchronous Discussion)	37 hours equiv. x N/A
EXTERNAL, OFFSHORE, HOPKINS TRAINING AND EDUCATION GROUP, ONLINE
External (Asynchronous Online Discussion plus 1 hour per week of Compulsory Synchronous Discussion)	37 hours equiv. x N/A
INTERNAL, CITY WEST (INTENSIVE)
Seminar	37 hours x N/A
EXTERNAL, CITY WEST, ONLINE (INTENSIVE)
External (Strategic Partnerships seminars)	37 hours equiv. x N/A
EXTERNAL, CITY WEST, DISTANCE EDUCATION (INTENSIVE)
External	37 hours equiv. x N/A

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Assignment, Group Project: Students to prepare an analysis of financial statements, Individual Case study reports (3 cases), Individual Online Participation

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
How to determine the relevant non award tuition fee. (Opens new window)

Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.