ACC100 Accounting 1 (8)

Accounting 1 introduces students to key accounting information that business managers and accountants use to make decisions and manage a business. Students will develop skills that enable them to analyse and interpret accounting reports and to communicate the results of this analysis to interested parties. The subject focuses on the use of accounting information rather than on the recording of financial transactions and events (book-keeping). Students will learn various tools and techniques to enable them to make important business decisions.

No offerings have been identified for this subject in 2021.

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

Not available to students who have completed the University of Sydney Orange campus subject  RMBU1645.

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to define the role of accountants and explain how accounting can assist in making decisions;
  • be able to analyse and interpret a range of accounting and financial transactions and reports;
  • be able to implement various management accounting tools and techniques in making business decisions;
  • be able to identify and describe sources of business finance;
  • be able to use a computer spreadsheet to assist in the preparation of business information and be able to generate and analyse a range of business results and reports; and
  • be able to employ research and report writing skills.


This subject will cover the following topics:
  • The role of accounting;
  • Financial statements and analysing business transactions;
  • Financial statement analysis;
  • Managing the business;
  • Cost-volume-profit (CVP) analysis;
  • Funding the business; and
  • Operating cash.

Indicative Assessment

The following table summarises the assessment tasks for the online offering of ACC100 in Session 3 2020. 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
Value %
Wileyplus online tests
Report writing and accounting concepts
Business transactions and financial statements
Final exam

The information contained in the CSU Handbook was accurate at the date of publication: May 2021. The University reserves the right to vary the information at any time without notice.