Accounting for Decision Making
Your upfront cost: $0
- 24 Feb 2020
- 26 Oct 2020
With a network of campuses across Brisbane and the Gold Coast, Griffith University is committed to progressive multidisciplinary teaching and research and a valuable online provider with Open Universities Australia. Already attracting students from more than 122 countries, Griffith's dedication to academic excellence is available across Australia through OUA.
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After successfully completing this subject you should be able to:
- Demonstrate a basic working knowledge of core accounting concepts. These include: the key financial statements and tools employed by external and internal decision-makers in their analysis of the financial performance of a firm.
- Demonstrate the ability to undertake some basic core accounting tasks. These may include but are not limited to: how to analyse the basic financial statements of a business, how to prepare a budget, how to calculate break even, how to determine the full cost of a product/service, and how to prepare data for capital budgeting decisions.
- Demonstrate the ability to apply some basic skills in using accounting information to make business decisions. These may include but are not limited to: budgeting, cost-volume-profit analysis, costing, capital investment projects and working capital management.
- Introduction to Accounting
- Business Structures
- Business Transactions
- Balance Sheet
- Income Statement
- Statement of Cash Flows
- Cost-volume-profit analysis
- Costing and pricing
- Capital Investment
- Audio/Video conferencing
- Chat Rooms
- Discussion forum/Discussion Board
- Online assignment submission
- Podcasting/Lecture capture
- Standard Media
- Web links
- Online Assessment
No eligibility requirements
- EquipmentDetails - Audio/Visual equipment
Accounting for Decision Making introduces the basic concepts and principles of accounting with an emphasis on the use of such concepts and principles in business decision-making. The emphasis is on the use of these accounting concepts and principles in business decision-making. It focuses on the practical and functional nature of business decisions from the perspective of financial accounting; managerial costing and budgetary policies; capital investments; and financing of business operations. You will become familiar with basic managerial accounting concepts such as budgeting, profit-planning, capital investments and working capital management.
- Mid-term exam (26%)
- Assessable homework (24%)
- Final Exam (50%)
Accounting: Business Reporting for Decision Making. 6th ed.
Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
Decision Making and Problem Solving Strategies
John Eric Adair
Check the learning management system (LMS) of your university for textbook details.
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