Accounting for Decision Making
Your upfront cost: $0
- 08 Nov 2021
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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
You should not enrol in this subject if you have successfully completed any of the following subject(s) because they are considered academically equivalent:
- SWI-ACC10007-Financial Information for Decision Making
- USA-ACG11-Accounting for Business (No longer available)
- Equipment requirements - 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.
Commonwealth Supported Students who intend to complete a Griffith University Subject as Cross-Institutional Study in a degree from their home institution need to complete a Cross-Institutional Study application form, to ensure the correct fee is charged.
- Assessable homework (30%)
- Final Exam (40%)
- Weekly content reviews (30%)
Current study term: 07 Nov 21 to 11 Feb 22
Check the learning management system (LMS) of your university for textbook details.