Quantitative Methods for Accounting - 2016

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

Unit summary

MPAC80

  • 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: Sess 2
  • Assessment: Invigilated Exam (60%) , Test 1 (20%) - Learn more

Unit provided by

or
2016 Fees
AUD$
Domestic 2,760.00
International 3,010.00

This unit aims to introduce statistical and quantitative techniques used by business managers to aid in decision-making. The focus of this unit is the application of statistical and mathematical techniques to problems in accounting and finance. Microsoft Excel will be utilised in the analysis of problems. In particular, this unit will concentrate on the analysis and interpretation of results of statistical testing.
 

At the completion of this unit students will be able to:

  1. demonstrate and understanding of how an accountant or a manager can use quantitative techniques to help them make better decisions
  2. apply mathematical skills to real life problems
  3. undertake estimation and hypothesis testing using your knowledge of probability theory and probability distributions
  4. analyse and interpret numerical and graphical outputs.
  • Invigilated Exam (60%)
  • Test 1 (20%)
  • Test 2 (20%)
For more information on invigilated exams see Exams and results

There are no prerequisites for this unit.

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
1Organizing & Presenting Data
2Numerical Descriptive Measures
3Basic Probability
4Discrete Prob. & Index Numbers
5Continuous Distributions
6Sampling Distributions
7Confidence Intervals
8Hypothesis Testing
9Simple Linear Regression
10Multiple Linear Regression
11Time series forecasting

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Online Quizzes/Tests

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

  • Basic Business Statistics Text

    By:Berenson

    ISBN: 9781442548473

    Format:Print

    Supplier:Go to The Co-op Bookshop


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