Accounting Principles - 2016

To enrol in this unit, you must be accepted into a course from the provider. Read before you start
This page is for past year, View 2017 unit details.

Unit summary


  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2016: SP3
  • Assessment: Assignment 1 - Group/Individual (10 - 20%) , Assignment 2 - Group (30 - 40%) - Learn more

Unit provided by

2016 Fees
Domestic 3,050.00
Domestic continuing 2,512.00
International 3,300.00
International continuing 2,762.00

Tuition fees are reduced for continuing registered SWI students.
Please login to view the applicable amount.

To enhance student's ability to develop a sound understanding of the main accounting reports that are the output from accounting systems. To provide students with the skills and techniques to analyse and interpret accounting information together with the expertise to recognise and select financial information relevant to particular business and financial decisions. 

Upon completion of this unit, students will be able to:

  1. Critically evaluate the role that accounting information plays in practice within an environment of business decision making
  2. Apply the fundamental principles of accrual based accounting to a given transaction data set to prepare a set of financial reports
  3. Critically analyse and interpret financial reports; and calculate ratios in order to make meaningful comparisons between businesses and to analyse a business' performance from year to year
  4. Apply problem solving methodologies to select financial information (both financial and non-financial) that is relevant to particular business decisions
  5. Communicate proficiently and in a professional context and work effectively as a member of a diverse team.
  • Assignment 1 — Group/Individual (10 - 20%)
  • Assignment 2 — Group (30 - 40%)
  • Invigilated Exam — (50 - 60%)
For more information on invigilated exams see Exams and results

There are no prerequisites for this unit.

  • Broadband access

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

This unit addresses the following topics.

1The role of accounting in business
2Understanding costs and revenue in an entity - focus on cost behaviour, cost traceability and pricing issues
3Business planning - budgeting and operational decision making
4Transaction analysis and preparation of financial reports
5Analysis & interpretation of financial reports - incorporating working capital management
6Performance Evaluation of the business unit and its manager

Each unit offered through OUA provides students with unit information that includes assessment topics and due dates, policy information and contact numbers for university support and academic staff. Study materials will also clearly outline each week's topic, readings, student activities and the format of all assessment.

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the The Co-op website and enter the unit details to search for available textbooks.

Enquire online

Need to ask a question that's best put down in words?
Make an online enquiry.

Enquire now

Got a question?

Get an answer from one of our friendly Student Advisors.