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Accounting for Decision Making (ACCT90004)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Summer Term
Annette Rea annette.rea@unimelb.edu.au
Semester 1
Semester 2
Overview
Availability | Summer Term Semester 1 Semester 2 |
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Fees | Look up fees |
This subject is designed to enable students to be informed users of accounting information of all types. It is divided into three parts. The first part of the subject covers the basic concepts in accounting and the terminology used by accountants. The second part deals with concepts associated with the financial reports prepared primarily for external users such as financial analysts, creditors (such as bankers), and shareholders. In this section reference is made to local and international accounting standards. The third part of the subject covers the basic concepts associated with information for managers within the firm. This includes basic cost concepts, product costing, and the techniques used for decisions such as pricing, product mix, outsourcing and capital investment.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Describe the nature and purpose of financial statements;
- Interpret and apply the conventions and rules underlying the preparation of major accounting reports;
- Analyse financial and managerial decision making and the different accounting information that supports these decisions.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
In respect of issues related to accounting, to:
- Think critically about financial and managerial accounting theory, tools and techniques;
- Evaluate, analyse and interpret relevant accounting information;
- Apply financial statement analysis theory and practice;
- Utilise problem solving skills;
- Articulate responses, either orally or in written form.
In addition, students will have enhanced their ability to:
- Listen to others dispassionately and tolerantly;
- Engage in discussion and, where appropriate defend a position;
- Offer constructive criticism.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
This subject is not available to students enrolled in MC-MGMTAFN Master of Management (Accounting and Finance).
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- One 2-hour end-of-semester examination (60%)
- One hour mid-semester test (15%)
- Group assignment (normally in groups of 3-4 students), 4000 words including appendices, due late in the semester (15%)
- Individual accounting software assignment equivalent to 500 words, due late in the semester (5%)
- Workshop preparation and contribution, throughout the semester (5%)
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 3 November 2022
Dates & times
- Summer Term
Principal coordinator Annette Rea Mode of delivery On Campus (Parkville) Contact hours Two 2-hour lectures and two 1.5 hour workshops per week (Summer) Total time commitment 170 hours Teaching period 2 January 2018 to 16 February 2018 Last self-enrol date 11 January 2018 Census date 12 January 2018 Last date to withdraw without fail 9 February 2018 Assessment period ends 24 February 2018 Summer Term contact information
Annette Rea annette.rea@unimelb.edu.au
- Semester 1
Principal coordinator Gregory Cusack Mode of delivery On Campus (Parkville) Contact hours One 2-hour lecture and one 1.5 hour workshop per week Total time commitment 170 hours Teaching period 26 February 2018 to 27 May 2018 Last self-enrol date 9 March 2018 Census date 31 March 2018 Last date to withdraw without fail 4 May 2018 Assessment period ends 22 June 2018 Semester 1 contact information
- Semester 2
Principal coordinator Gregory Cusack Mode of delivery On Campus (Parkville) Contact hours One 2-hour lecture and one 1.5 hour workshop per week Total time commitment 170 hours Teaching period 23 July 2018 to 21 October 2018 Last self-enrol date 3 August 2018 Census date 31 August 2018 Last date to withdraw without fail 21 September 2018 Assessment period ends 16 November 2018 Semester 2 contact information
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Management (Human Resources) Course Master of Management Course Master of Management (Marketing) Course Graduate Diploma in Finance Course Master of Finance Course Master of Property Course Master of Management (Human Resources) Course Master of Management (Marketing) Course Master of International Business Course Master of Engineering Management Course Master of Management (Accounting) Course Master of Management (Finance) Course Master of Management Course Master of Information Systems Course Master of Management (Finance) Informal specialisation 150 Point Master of Management (Accounting) Informal specialisation 150 Point Master of Management (Finance) Major 300 point Master of Property Major MIS Research Specialisation Major MIS Health Specialisation Major MIS Professional Specialisation - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 3 November 2022