Enrolments for 2023 have closed.
Financial Decision Making
Undergraduate | CUR-ACC102 | 2023
Course information for 2023 intake View information for 2024 course intake
Explore how accounting supports responsible decision making in business. You’ll get to know key terms and break down different types of accounting information. Learn how to interpret financial statements. Make informed decisions.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- No ATAR needed,
- No prior study
- Duration
- 13 weeks
HECS-HELP and FEE-HELP available
Financial Decision Making
About this subject
On successful completion of this subject, students should be able to:
- analyse the impact of global events on business strategies and financial decision making
- review the financial market and capital structure and their impacts on business investment decisions using corporate governance principles
- apply the concept of time value of money and capital investments to make responsible business financial decisions
- apply management accounting concepts and techniques such as cost behaviour and budgeting to business decision making
- interpret financial statements, using accounting and finance concepts to make informed and ethical business decisions
- Globalisation of Business, the Financial Market and Business Stability
- Financial Market and Business/Capital Structure
- The Concept of Time Value of Money
- Capital Investment Decisions
- Cost-Volume-Profit Analysis
- Multiple product CVP, Make or Buy, Special order decision
- Budgeting
- Financial Statement
- Financial Statement Analysis
- Ratio Analysis
This subject develops skills and knowledge that enable students across all disciplines to make informed and responsible decisions using accounting and financial information. The unit explores different forms of business and financing options and how these affect business decisions through the understanding of financial statements. Students will learn about basic accounting and financial terminologies; cash and accrual accounting, capital investment decisions, business financing, time value of money, triple bottom line reporting and business budgeting. Students will also learn how to interpret financial statements and how global events impact on business decisions.
- eQuiz (20%)
- Test (40%)
- Business Simulation and Report (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
No entry requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
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What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
UndergraduateCUR-TAX-DEG
UndergraduateCUR-BLW-DEG
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