ACG511 Interpreting and Communicating Accounting (8)

This subject introduces students to the accounting discipline in an integrated manner using accounting concepts and underlying accounting policies and principles to develop and apply critical thinking, information technology and communication skills to business decision making. The subject provides the basis for an iterative and spiral approach to accounting, exposing students to the key areas of accounting which support an organisations business and enhance decision-making capacity. Students will gain a foundation understanding of accounting as an information system, professional ethics, computer applications, business communication and report writing, through the preparation and elementary analysis of financial and management accounting reports.

Availability

Session 1 (30)
On Campus
CSU Study Centre Brisbane
CSU Study Centre Melbourne
CSU Study Centre Sydney
Port Macquarie Campus
Online
Bathurst Campus
Session 2 (60)
On Campus
Bathurst Campus
Port Macquarie Campus
Online
Bathurst Campus

Continuing students should consult the SAL for current offering details: ACG511. 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

HD/FL

Duration

One session

School

School of Business

Enrolment Restrictions

Postgraduate students only and not available to students who have completed ACC566 

Subject Relationships

ACC566 Similar content

Incompatible Subjects

ACC566

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to apply conceptual and technical aspects of accounting to prepare relevant business financial statements for different business structures, and evaluate accounting information for decision making purposes;
  • be able to discuss the historical development of accounting and explain the role of accounting in strategy including business sustainability and risk management;
  • Explain how information and communication technology has impacted the business environment, and discuss technological advances that support data analysis, decision making, and enhances the efficiency and effectiveness of communication;
  • Analyse the effectiveness of internal controls relating to cash receipts and cash payments, and explain how information and communication technology controls enhance the efficiency and effectiveness of an organisation’s systems and processes; and
  • be able to communicate clearly and concisely in a range of formal and informal situations and settings.

Syllabus

This subject will cover the following topics:
  • Accounting, ethics and sustainability
  • Financial accounting: recording business transactions
  • Financial accounting: adjustments and completing the accounting cycle
  • Financial accounting for retailers: accounting for inventory
  • Accounting systems and technology
  • Internal controls and cash
  • Cash flow statement
  • Evaluating performance and financial statement analysis
  • Social and environmental performance

Indicative Assessment

The following table summarises the assessment tasks for the online offering of ACG511 in Session 3 2021. Please note this is a guide only. Assessment tasks are regularly updated and can also differ to suit the mode of study (online or on campus).

Item Number
Title
Value %
1
Discussion questions and reflection
10
2
Budgeting and preparation of accounting records
10
3
Xero and bank reconciliation
20
4
Final exam
60

The information contained in the CSU Handbook was accurate at the date of publication: June 2022. The University reserves the right to vary the information at any time without notice.

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