Money Management

• • 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

Equivalent subjects

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

• ACU-ACCT600-Accounting for Decision Making (No longer available)

Additional requirements

No additional 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.

In order to pass this unit, students are required to achieve an overall score of at least 50%. Using constructive alignment,

• Memo (30%)
• Board Report (30%)
• Video Recording (40%)