Accounting Principles for Business Decisions

Course aim

The course provides students with an introduction to principles of management accounting and finance, and examines how financial information is used in business decision making. The course uses an applied approach to illustrate how accounting and financial management concepts operate in a broad range of situations relevant to a future career in business.

This course is designed for students undertaking programs outside the School of Commerce. It is not suitable for programs within the School of Commerce and their associated double degrees. These programs are DBIB (Economics, Finance and Trade), DBCC (Commerce), DBCA (Commerce (Accounting)), DBPY (Property), DBBF (Applied Finance) and DBCF (Finance). Students undertaking these programs are required to complete ACCT 1008 Accounting for Business. ACCT 1009 Accounting Principles for Business Decisions cannot be taken as an elective in any program which requires ACCT 1008.

Course content

Key Accounting and Cost Concepts
Business Sustainability and Business Structures
Business Transactional and Balance Sheet
Income Statement and Stament of Changes in Equity
Analysis and Interpretation of Financial Statement
Budgeting
Cost Volume Profit Analysis
Costs and Pricing
Financing the Business

Textbook(s)

Birt J, Chalmers K, Maloney S, Brooks A & Oliver J 2016, Accounting: business reporting for decision making, 6th Edn - E-Text, Wiley, Milton, Queensland

Prerequisite(s)

Nil

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Lecture	2 hours x 10 weeks
Tutorial	1.5 hours x 10 weeks
Lecture (Virtual)	2 hours x 10 weeks
INTERNAL, CITY WEST (INTENSIVE)
Seminar	30 hours x N/A
EXTERNAL, CITY WEST, ONLINE
External	N/A x 10 weeks
INTERNAL, MT GAMBIER
Workshop	3 hours x 10 weeks
INTERNAL, WHYALLA
Workshop	3 hours x 10 weeks

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

Assessment

Assignment, Continuous assessment, Examination

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:
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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.