Accounting for Business - 2011

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Unit summary


  • Level of Study: Undergraduate Level 1
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2011: SP1 , SP3
  • Assessment: Assignment 1 (10%) , Assignment 2 (20%) - Learn more

    For more information on invigilated exams see Exams and results

Unit provided by

2011 Fees
Domestic 1,090.00
International 1,315.00

What is this unit about


This unit provides an overview of the field of accounting and the conceptual and practical foundation required to analyse and interpret accounting information in the business environment.

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Learning Outcomes

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

  1. discuss the role of the accounting profession in business
  2. identify accounting as an information process for business decision making and describe the workings of the accounting cycle
  3. explain the accounting equation and the determination of financial position
  4. discuss the basic accounting concepts, principles and procedures 
  5. analyse and interpret financial accounting information from a management and user perspective.


  • Assignment 1 (10%)
  • Assignment 2 (20%)
  • Invigilated Exam (60%)
  • Online assessment (10%)
For more information on invigilated exams see Exams and results

There are no prerequisites for this unit.

This unit addresses the following topics.

1Introduction to accounting and organisations and the accounting process
2Recording accounting data
3Preparation of financial reports from accounting data - part 1
4Preparation of financial reports from accounting data - part 2
5Accounting for retailing
6Analysis and interpretation of financial reports
7Accounting conceptual framework
8Statement of cash flows
9Management accounting 1 - planning and control through budgeting
10Management accounting 2 - quantitative methods for management decision making

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Online Quizzes/Tests
  • Online assignment submission
  • Web links

Print based materials

  • Study Guide

Online materials

  • Online Assessment
  • Printable format materials
  • Quizzes
  • Resources and Links

This unit is a core requirement in the following courses:

This unit is an approved elective 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 Unibooks 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 Unibooks website and enter the unit details to search for available textbooks.

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