ACC501 Business Accounting & Finance (8)

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
Session 2 (60)
On Campus
CSU Study Centre Sydney
Online
Wagga Wagga Campus
Session 3 (90)
On Campus
CSU Study Centre Sydney
Online
Wagga Wagga Campus
Continuing students should consult the SAL for current offering details. 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 Accounting and Finance
Enrolment restrictions
Not available to students who have completed MBA504
Subject Relationships
Incompatable Subjects
MBA504
Learning Outcomes
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.
Contact
Current Students

For any enquiries about subject selection or course structure you will need to contact your Course Director. You can find the name and contact details for your Course Director in your offer letter or contact your School office.

Prospective Students

For further information about Charles Sturt University, or this course offering, please contact info.csu on 1800 334 733 (free call within Australia) or enquire online.

The information contained in the 2017 CSU Handbook was accurate at the date of publication: June 2018. The University reserves the right to vary the information at any time without notice.

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