Spotlight the accounting field’s potential as a financial decision-making aid. Define where accounting sits in the business environment. Get to know the recording and reporting methods used. Look at shareholder equity from an accountant’s perspective.
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Subjects may require attendance
02 Mar 2020
20 Jul 2020
Australia's largest dual-sector institute, offering both TAFE and higher education, RMIT University proudly delivers work-related education and practical research relevant to current business and community needs. More than 60,000 students study with RMIT, and many of their degrees are available through Open Universities Australia.
This subject was previously titled Financial Accounting and Business.
Accounting, Accountability and Society is a foundation subject that lays the basis for further study in financial management and accounting. This subject explains the role that accounting plays as an aid to financial decision-making. You will learn about the role that accounting recording and reporting systems play in the organisational environment and the role of accounting in its social context. The subject will begin your preparation for your future role in accounting practice by providing an understanding of many of the major conceptual and measurement issues surrounding financial recording and reporting and the practical issues related to business recording systems. There is a strong emphasis on the development and/or enhancement of team work skills in this subject.
Assessment values are indicative only; details will be advised at the start of the subject.