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Accounting for Decision Making
Undergraduate | GRF-AFE112 | 2020
Course information for 2020 intake
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- No ATAR needed,
- No prior study
- Duration
- 14 weeks
HECS-HELP and FEE-HELP available
Accounting for Decision Making
About this subject
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 breakeven, 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 and evaluate business performance. These may include but are not limited to: budgeting, cost-volume-profit analysis, costing, capital investment projects and working capital management.
- Introduction Business Structures
- Accounting Information
- Income Statement and balance sheet information
- Statement of cash flows
- Analysis and interpretation
- Business Planning and control
- Variable Costing and Short-Run Decisions
- Costing and pricing
- Capital Investment Decisions
- Performance Measurement
Accounting for Decision Making aims to help you develop basic core knowledge and skills in relation to the use of accounting information from a managerial decision-making and control perspective. It aims to build your understanding of what an accounting system is and how the information produced by the accounting system (the financial reports, budgets etc.) is used when making business decisions and evaluating the business performance. In addition, the course aims to provide an understanding of the basic short-term and long-term planning and control techniques adopted by managers including capital budgeting and working capital management.
- Weekly Content Reviews (20%)
- Assessable homework (20%)
- Final Exam (60%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
No entry requirements
Additional requirements
- Equipment requirements - Audio/Visual equipment
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
UndergraduateGRF-BUS-DEG
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