Enrolments for 2023 have closed.
Accounting and Accountability for Decision Making
Postgraduate | TAS-BFA507 | 2023
Course information for 2023 intake
View information for 2024 course intake- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
FEE-HELP available
Accounting and Accountability for Decision Making
About this subject
Upon completion of this subject, the student should be able to:
- Apply accounting and accountability concepts to accounting systems and reporting
- Critique complex financial and non-financial reports for potential accounting issues
- Prepare financial statements using contemporary accounting theory and practice for management decision-making
- Week 1 - Elements in reporting financial position and performance
- Week 2 - Measuring profits and losses
- Week 3 - Reporting profits and losses
- Week 4 - Double and adjustment entries
- Week 5 - Accounting records and trial balance
- Week 6 - Internal control, cash account, and discounts
- Week 7 - Accounting for inventory
- Week 8 - Critiquing financial reports
- Week 9 - Recording non-current assets
- Week 10 - Revaluation and disposal of non-current assets
- Week 11 - Cash flow statements
- Week 12 - Non-financial reporting and regulation
- Week 13 - Putting it all together
Accounting and Accountability for Decision Making is an introductory accounting subject concerned with the fundamentals of financial accounting. The subject includes an introduction to the basic principles of accrual accounting and the five elements of financial reports (i.e. assets, liabilities, owners equity, revenue and expenses). The subject focusses on the key financial statements from the preparers perspective – the balance sheet, income statement and statement of cash flows. Topics covered in the subject include measuring and reporting financial position, the accounting cycle, inventory, internal control and cash, non-current assets, cash flow statements and accounting policy choice.
- Oral presentation (25%)
- End of Semester Exam (40%)
- Case Study Critique (35%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-PFA-GCE-2023 - Graduate Certificate in Professional Accounting
- TAS-BSS-GCE-2023 - Graduate Certificate in Business Studies
- TAS-FIN-MAS-2023 - Master of Finance
- TAS-PFA-GDI-2023 - Graduate Diploma of Professional Accounting
- TAS-FIN-GDI-2023 - Graduate Diploma of Finance
- TAS-FIN-GCE-2023 - Graduate Certificate in Finance
Elective
- TAS-MPA-MAS-2023 - Master of Professional Accounting
Additional requirements
No additional requirements
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.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Postgraduate
TAS-PFA-GCEPostgraduate
TAS-BSS-GCEPostgraduate
TAS-FIN-MASPostgraduate
TAS-PFA-GDIPostgraduate
TAS-FIN-GDIPostgraduate
TAS-FIN-GCEPostgraduate
TAS-MPA-MAS