Study an overview of accounting and financial management to support good decision making and performance in the business world. Looking toward ethical business practice, this subject offers key concepts and practical applications for non-specialists.
Your upfront cost: $0
- 26 Jul 2021
Established in 1991 after amalgamating four eastern Australian Catholic tertiary institutes, Australian Catholic University now has seven campuses, from Brisbane to Melbourne and welcomes students of all beliefs. Specialising in arts, business, education, health sciences, law, theology and philosophy, ACU encourages its students to think critically and ethically and bring change to their communities and offer this online through Open Universities Australia.
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On completion of this subject students should be able to:
- Reflect on the role and purpose of accounting as well as how accounting can be viewed in a social good context
- Express how varying economic transactions affect the accounting equation and how these are connected and categorised in a firm’s financial statements that report financial position and performance
- Employ knowledge of budgeting and forecasts for management and financial planning purposes
- Collaboratively analyse and critique the extent of corporate social responsibility of businesses using the tools learned in this unit
- Evaluate and interpret a business’ strategic decision-making using financial analysis and cost volume profit analysis tools
- Managing and reporting financial position and performance
- Financial planning for business purposes
- Managing and reporting cash flows
- Ethics, corporate social responsibility and sustainability accounting
- Decision making and the nature and role of accounting
- Measuring and reporting accounting information
- Cost-volume-profit analysis, relevant costs, and cost-benefit analysis
You cannot enrol in this subject if you have successfully completed any of the following subject(s) because they are considered academically equivalent:
No special requirements
It has been proven that a lack of knowledge and ethical accounting and financial analysis skills is catastrophic to the business world. This subject provides a broad-based introduction to accounting and finance to enable you to acquire an understanding of the main concepts and their practical application in management decision making without in-depth technical detail. This subject will provide you with a non-specialist grounding in accounting and financial management so that you can appreciate the financial dimensions of decisions within business. Moreover, the subject is grounded in the role of ethics and corporate social responsibility within the context of financial management in the promotion of the common good. The subject will enable you to recognise the impact of economic transactions on a business’ financial and operating capability. The aim of this subject is to enable you to develop essential accounting and financial planning and forecasting skills required for organisation management.
Assessment is an integral part of the learning process. Assessment tasks in BUSN602 are aimed at measuring and developing student’s achievement of both the learning outcomes and graduate attributes noted above.
- Assessment 1 (30%)
- Assessment 2 (35%)
- Case Study (35%)
Current study term: 25 Jul 21 to 31 Oct 21)
Check the learning management system (LMS) of your university for textbook details.