MBA504 Accounting and Financial Management (8)

This subject introduces students to the accounting and financial management disciplines in an integrated manner dealing with financial accounting, management accounting, social and environmental accounting and finance and business decision making using quantitative information technology and business communication skills. Students will gain an understanding of the accounting principles underlying the accounting process and the uses and limitations of financial statements published by business entities. Accounting and financial management issues faced by management and some of the techniques used by managers in decision making will also be addressed.


Session 2 (60)
On Campus
CSU Study Centre Melbourne
Wagga Wagga Campus
Session 3 (90)
On Campus
CSU Study Centre Sydney
Wagga Wagga Campus

Continuing students should consult the SAL for current offering details: MBA504. 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

Master of Business Administration Students only. Not available to students who have completed ACC501.

Subject Relationships

ACC501 There is some content overlap

Incompatible Subjects


Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to critique basic accounting and financial management ideas that underlie and limit the usefulness of accounting and finance information;
  • be able to explain the nature of, and apply, the measurement of assets, equities, revenues, expenses and income;
  • be able to critically evaluate and analyse some of the interpretative techniques used in accounting and financial management;
  • be able to explain and evaluate the concepts behind the management decision making processes associated with the efficient allocation of business resources; and
  • be able to integrate skills in information technology, communication and the use of quantitative techniques for management decision making.


This subject will cover the following topics:
  • the history of accounting;
  • an introduction to financial accounting, concepts, techniques and conventions;
  • accounting applications of information technology;
  • corporate annual reports, the nature and objectives of financial accounting;
  • financial analysis and interpretation of accounting reports;
  • business communication and report writing;
  • social and environmental disclosures;
  • introduction to management accounting including environmental management accounting, panopticism, and management control issues;
  • cost behaviour and cost-volume-profit (CVP) analysis;
  • inventory control systems including inventory flow assumptions and economic order quantity models;
  • relevant management accounting information for decision making;
  • costs and special decisions;
  • budgeting; and
  • capital budgeting decisions.

Indicative Assessment

The following table summarises the assessment tasks for the online offering of MBA504 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 %
Online tests
Understanding financial statements
Environmental accounting & management accounting
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.