Enrolments are closed.
Want to study Economics and Finance? with a student advisor to find out more.
Small Business Accounting
Undergraduate | GRF-AFE114 | 2024
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.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- No ATAR needed,
- No prior study
- Duration
- 13 weeks
- Start dates
- 4 Mar 2024
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.
- Budgeting.
- 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).
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.
Learn more about Griffith University.
Explore Griffith courses.
- QS Ranking 2024:
- 18
- Times Higher Education Ranking 2024:
- 20
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:
GRF-AFE112 (Not currently 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.
Why study a single subject?
Bite sized study
Try studying a particular area to see if online study suits you, or upskill in just a few months with a single subject that you’re interested in.
Pursue a dream
With thousands of single subjects to choose from, you can find topics that get you on the path to your higher education goals fast.
Gain Uni credit
Most single subjects are part of a full degree. That means if you’re keen to keep learning, you can gain credit for the subjects you’ve successfully completed.
What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
UndergraduateGRF-AFA-DEG
UndergraduateGRF-BUS-DEG
Single subject FAQs
Single subjects are the individual components that make up a degree. With Open Universities Australia, you’re able to study many of them as stand-alone subjects, including postgraduate single subjects, without having to commit to a degree.
Each of your subjects will be held over the course of a study term, and they’ll usually require 10 to 12 hours of study each week. Subjects are identified by a title and a code, for example, Developmental Psychology, PSY20007.
First, find the degree that you would like to study on our website.
If that degree allows entry via undergraduate subjects, there will be information about this under the Entry Requirements section. You will find a list of 2-4 open enrolment subjects you need to successfully complete to qualify for admission into that qualification.
Once you pass those subjects, you will satisfy the academic requirements for the degree, and you can apply for entry.
Our student advisors are here to help you take that next step, so don’t hesitate to reach out when you’re ready! We’ve also made it easier to figure out the right way to get started on our pathways page.
Our student advisors are more than happy to help you plan your online study. Get in touch with an advisor by:
You can pay up front with your credit card, or you may be eligible for a HELP loan from the Australian government depending on your citizenship status and where you’ll live during your studies.
For more information about how to pay for your studies visit our fees page or contact a student advisor.
When you’ve made your choice, click ‘Enrol now’ on the relevant course page and follow the prompts to begin your enrolment. We’ll ask you to supply some supporting documentation, including proof of your identity, your tax file number, and a unique student identifier (USI) during this process.
Your university will get in touch with you via email to confirm whether or not your application has been successful.
If you get stuck at any time, reach out to us and we’ll talk you through it.
You can also take a look at our online self-service enrolling instructions .
Close of enrolment times vary between universities and subjects. You can check the cut-off dates for upcoming study terms by visiting key dates.