ACC501 Business Accounting & Finance (8)
CSU Discipline Area: Accounting (ACCOU)
Duration: One session
Abstract:
This subject is designed as an introduction to financial accounting, management accounting and finance for those working in a business environment. Students will gain an understanding of the generally accepted accounting principles underlying the accounting process and the uses and limitations of financial statements published by business entities. Accounting and finance issues faced by management and some of the techniques used by managers in decision making will be addressed.
+ Subject Availability Modes and Locations
| Session 2 | |
|---|---|
| Internal | CSU Study Centre Melbourne |
| Internal | CSU Study Centre Sydney |
| Distance | Wagga Wagga | Session 3 |
| Internal | CSU Study Centre Sydney |
| Distance | Wagga Wagga |
Continuing students should consult the SAL for current offering details: ACC501
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Enrolment restrictions:
Not available to students who have completed MBA504
Objectives:
Upon successful completion of this subject, students should:
- be able to discuss and apply basic accounting ideas that underlie and limit the usefulness of accounting information;
- be able to explain and analyse the nature, and measurement, of assets, equities, revenues, expenses and income;
- be able to apply computer software to quantitative business decisions;
- be able to implement and critique analytic and interpretative techniques used in accounting and finance;
- be able to discuss and critique the concepts behind the decision making processes associated with the efficient allocation of business resources;
- be able to explain and implement financial analysis and management accounting procedures.
Syllabus:
The subject will cover the following topics:
- an introduction to financial accounting;
- the nature and objectives of financial accounting;
- analysis and interpretation of accounting reports;
- cost of capital;
- managing working capital and cash;
- internal control;
- introduction to management accounting;
- social and environmental disclosures;
- computer software in business environments;
- application of computer software in business environments;
- cost-volume-profit (CVP) analysis;
- relevant costs and special decisions;
- budgeting;
- capital budgeting;
- analysis of financial statements; component percentages; financial ratios.
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.