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Accounting for Decision Making
Undergraduate | GRF-AFE112 | 2021
Course information for 2021 intake
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- No ATAR needed,
- No prior study
- Duration
- 13 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 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
- Budgeting
- Cost-volume-profit analysis
- Costing and pricing
- Capital Investment
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.
- Assessable homework (30%)
- Final Exam (40%)
- Weekly content reviews (30%)
For textbook details check your university's handbook, website or learning management system (LMS).
With a network of campuses spanning three cities in South East Queensland, Griffith University is committed to progressive multidisciplinary teaching and research and a valuable online provider with Open Universities Australia. Already attracting students from over one hundred countries, Griffith's dedication to academic excellence is available across Australia through OUA.
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Entry requirements
No entry requirements
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:
USA-ACG11-Accounting for Business (no longer available)
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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