ACC566 Acc Systems and Processes (8)

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 Outlines
Current CSU students can view Subject Outlines for recent sessions. Please note that Subject Outlines and assessment tasks are updated each session.


Session 1 (30)
On Campus
CSU Study Centre Brisbane
CSU Study Centre Melbourne
CSU Study Centre Sydney
Port Macquarie Campus
Wagga Wagga Campus
Session 2 (60)
On Campus
CSU Study Centre Brisbane
CSU Study Centre Melbourne
CSU Study Centre Sydney
Port Macquarie Campus
Session 3 (90)
On Campus
CSU Study Centre Brisbane
CSU Study Centre Melbourne
CSU Study Centre Sydney
Wagga Wagga Campus

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.

Subject Information

Grading System



One session


School of Accounting and Finance

Enrolment Restrictions

Postgraduate students only. Not available to students who have completed ACC511.

Incompatible Subjects


Learning Outcomes

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; and
  • be able to explain the importance of ethics in accounting.


This 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.


Current Students

For any enquiries about subject selection or course structure please contact Student Central or or phone on 1800 275 278.

Prospective Students

For further information about Charles Sturt University, or this course offering, please contact info.csu on 1800 275 278 (free call within Australia) or enquire online.

The information contained in the 2018 CSU Handbook was accurate at the date of publication: August 2018. The University reserves the right to vary the information at any time without notice.