Accounting for Business Decisions - 2016

To enrol in this unit, you must be accepted into a course from the provider. Read before you start

Unit summary

OMBA610

  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: Yes
  • Duration: 12 weeks
  • Government loans available: FEE-HELP
  • Availability for 2016: Sess 1 , Sess 2
  • Availability for 2017: Sess 1 , Sess 2
  • Assessment: Assessment - Hand-ins x 5 (15%) , Assignment - Individual Report (20%) - Learn more

Unit provided by

or
2016 Fees
AUD$
Domestic 4,080.00
International 4,330.00

This unit provides you with an understanding of the fundamentals of accounting in the financial decision-making process. You will examine the accounting recording and reporting system, and analyse and interpret accounting information to make decisions within an organisation. You will investigate the key measures of financial performance and develop your ability to use accounting data to make informed business decisions. You will learn to prepare a budget, undertake cash flow analysis and learn how to implement basic cost accounting tools. The unit will also provide an examination of the macroeconomic environment that affects financial decisions and business performance.

Upon successful completion of the unit you will be able to:

  1. Assess the financial position of a business
  2. Apply decision models to choose between alternative strategies
  3. Examine the risk inherent within a business
  4. Apply research principles and methods to ascertain optimal solution for a given accounting business problem.
  • Assessment — Hand-ins x 5 (15%)
  • Assignment — Individual Report (20%)
  • Non-Invigilated Exam (40%)
  • Test — Online Test (25%)

Equivalent units

You cannot enrol in this unit if you have successfully completed any of the following unit(s) because they are considered academically equivalent:

  • OMBA220 — Finance and Accounting for Business Decisions

Recommended prerequisites

You are recommended to have completed the following unit(s) or have equivalent knowledge before starting 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.

NumberTopic
1GDP and Business Cycles
2Unemployment and inflation
3Monetary and financial systems
4Macroeconomic Policy
5Introduction: accounting in business decision making; the role of accounting information; the basic accounting equation
6The balance sheet (statement of financial position)
7The income statement (statement of financial performance, profit report)
8Cash flow statement and analysis
9Introduction to Management Accounting -CVP
10Financial Statement Analysis
11Cost accounting
12Budgeting and Performance reporting

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Embedded Multimedia
  • Online Quizzes/Tests
  • Online assignment submission
  • Standard Media
  • Web links

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.

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.

Click on the titles of the listed books below to find out more:

Required textbooks

  • Accounting: An Introduction

    By:Atrill et al

    ISBN: 9781486008797

    Format:Print

    Supplier:Go to The Co-op Bookshop


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