Undergraduate | GRF-AFE114 | 2024
Small Business Accounting
Course information for 2024 intakeView information for 2023 course intake
Explore key small business activities around financial planning and reporting. You’ll learn how to read, prepare, and interpret financial statements. Get practical with budgets. Support informed business decisions.
Enrol today with instant approval and no entry requirements
- Study method
- 100% online
- 100% online
- Start dates
- 4 Mar 2024,
- View 2023 dates
- Entry requirements
- No ATAR needed,
- No prior study
- 13 weeks
HECS-HELP and FEE-HELP available
Small Business Accounting
About this subject
After successfully completing this course you should be able to:
- Describe core accounting concepts used in small business.
- Prepare and interpret basic financial statements for small businesses.
- Generate budgets to support business decision-making in the context of small businesses.
- Apply accounting planning and control tools in a small business context.
ASSURANCE OF LEARNING
This subject evaluates student performance for Assurance of Learning purposes for the program learning objective (PLO): Identify and critically analyse sources of data to inform evidence based decision making.
- Introduction to Accounting and Business Structures.
- Accounting information.
- Recording business transactions.
- Financial statements: income statement and balance sheet.
- Financial statements: statement of cash flows.
- Financial analysis for small businesses.
- Variable costing and short-run decisions.
- Costing & pricing.
- Capital investment decisions.
- Performance measurement.
This course introduces the basic concepts and principles of accounting with special emphasis given to the use and interpretation of financial accounting information. Upon completion of the course, students will be able to read, prepare and interpret financial statements and they will have gained an appreciation of their uses and limitations in practical and applied ways.
- Assessable Homework; Problem Solving Assignment (30%)
- Weekly Content Review; Log of Learning Activities (30%)
- Budgeting and sensitivity analysis assignment; Practice-based Assignment (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
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No entry requirements
You should not enrol in this subject if you have successfully completed any of the following subject(s) because they are considered academically equivalent:
GRF-AFE112 (Not currently available)
- Equipment requirements - Audio/Visual equipment
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