ACC566 Acc Systems and Processes (8)
CSU Discipline Area: Accounting (ACCOU)
Duration: One session
Abstract:
This subject introduces students to the accounting discipline in an integrated manner dealing with financial accounting and developing and applying critical thinking, information technology and communication skills. The subject provides the basis for an iterative and spiral approach to accounting, exposing students to areas of accounting including accounting as an information system, ethics, business communication and report writing, computer applications, the accounting cycle, financial reports and the fundamentals of management accounting.
+ Subject Availability Modes and Locations
| Session 1 | |
|---|---|
| Internal | CSU Study Centre Melbourne |
| Internal | CSU Study Centre Sydney |
| Distance * | Wagga Wagga | Session 3 |
| Internal | CSU Study Centre Melbourne |
| Internal | CSU Study Centre Sydney |
*This subject offering contains a residential school. Please view following information for further details.
Continuing students should consult the SAL for current offering details: ACC566
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Enrolment restrictions:
Postgraduate students only. Not available to students who have completed ACC511 .
Objectives:
Upon successful completion of this subject, students should:
- be able to apply conceptual and technical aspects of accounting and prepare relevant business financial statements;
- be able to discuss the historical development of accounting;
- be able to appraise the use of information technology including spreadsheet software in accounting problem solving, and evaluate the Internet as a professional resource;
- be able to demonstrate relevant business communication skills including report writing;
- be able to contextualise and evaluate accounting information for decision making purposes;
- be able to explain the importance of ethics in accounting.
Syllabus:
The subject will cover the following topics:
- Accounting and the business environment, types of business organisations, development of accounting thought, the Australian accounting profession, ethics and accounting;
- Concepts and principles, ethics, business transactions, financial reports, computers and e-accounting;
- Merchandising operations, accounting for inventory, business communication, spreadsheet design, accounting software, adjusting entries, worksheets;
- Inventory costing methods, inventory flow assumptions;
- Internal control, and cash, business reports;
- Receivables, accounting for uncollectibles, credit and debit card transactions, notes receivable, using accounting information for decision making, financial ratios;
- Critical thinking, rational debate and common fallacies and their impact or business reports;
- Plant and intangible assets;
- An introduction to International Financial Reporting Standards;
- Fundamentals of management accounting, management accounting vs financial accounting.
Residential School
This subject contains a compulsory 3 day residential school.
The primary objectives of the residential school are: to provide an interactive face to face learning environment, to answer student questions about the subject and to assist students to focus their studies for the remainder of the session. Staff at the residential school will review the subject material covered up to that date and outline the remaining topics. Subject readings will be discussed and placed in context.
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.