Financial Information for Decision Making
UndergraduateSWI-ACC100072019
Course information for 2019 intake
Equip yourself with the accounting concepts you'll need to evaluate business information and inform your decision-making process.
Become familiar with accounting tools. Prepare financial reports for businesses. Work autonomously and within a team.
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 13 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Financial Information for Decision Making
About this subject
Students who successfully complete this subject will be able to:
- Discuss and evaluate the role that financial information plays in practice within an environment of business decision making
- Apply accounting tools to prepare financial reports for both external and internal business use
- Research and evaluate financial information in order to solve problems and to aid business decision making
- Organise and communicate financial information, supported by well-reasoned arguments as appropriate
- Work both independently and as a member of a diverse team.
- Financial reporting - Introduction to financial reports and their use in decision making
- Recording & reporting business transactions using accrual accounting
- Preparation and use of Cash Flow Statement
- Analysis & Interpretation of Financial Reports
- Introduction To Performance Evaluation - Business Unit & Business Unit Manager
- Revenue & Cost Determination
- Cost Behaviour & Cost Volume Profit Analysis (CVP)
- Operational Decision Making
The aim of this subject is to provide a framework to learn accounting concepts. Students will learn how accounting concepts can be applied in business and provide useful information for evaluating and decision-making. Whatever aspect of business students intend to specialise in, they will need to be familiar with the concepts and principles underlying the practice of accounting. Such knowledge will enable students to understand the importance of financial information in decision-making and thereby provide them with the necessary financial literacy for their future roles in the world of business.
Please note: assessment values are indicative only, details will be advised at the start of the subject.
- Individual (20-30%)
- Group (20-30%)
- Invigilated Exam — Individual (40-60%)
For textbook details check your university's handbook, website or learning management system (LMS).
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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:
SWI-ACF110 (Not currently available)
Additional requirements
- Other requirements -
This subject has a required e-book.
Accounting: Business Reporting for Decision Making, 6th Edition. WileyPLUS Learning Space with ORION + E-Text
By: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks,
ISBN: 9780730335603.
Follow the below link to purchase it.
http://www.wileydirect.com.au/buy/accounting-business-reporting-decision-making-6th-edition/
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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