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Financial Accounting (BUSA90001)
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
January
April
September
Overview
Availability(Quotas apply) | January April September |
---|---|
Fees | Look up fees |
Accounting is the “language of business,” and accounting information is the basis for performance measurement, business contracting, and most operating, investing, and financing decisions that managers make. Financial accounting information affects how individuals outside a company perceive that company, and by extension, the resources available to the company to accomplish its objectives. An understanding of and the ability to use financial accounting information will be essential to your success as a professional manager. This subject is designed to provide students with foundation knowledge about external financial reporting by for-profit entities. This foundation knowledge not only provides the basis for correctly interpreting and using accounting information provided internally to managers for managerial decision making, but also provides the basis for using financial statements for more externally-focused judgments and decisions (e.g., assessing a firm’s intrinsic value or to assess a firm’s strengths and weaknesses relative to competitors).
Intended learning outcomes
On completion of this subject, students should be able to:
- Appreciate the measurement and recognition difficulties inherent in financial reporting, as well as the role of judgment in the preparation of financial statements.
- Explain in your own words the purpose and content of the balance sheet, income statement, comprehensive income statement, shareholder equity statement, and cash flow statement, as well as how these five financial statements fit together and how they relate to the company’s financing, investing and operating activities.
- Read, accurately interpret, and discuss financial statements and selected notes to the financial statements.
- Discuss fundamental accounting concepts and issues using everyday language.
- Perform basic analysis of a company’s profitability and provide a reasoned basis for the conclusions drawn from the analysis.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90480 | Leadership |
Summer Term (On Campus - Parkville)
September (On Campus - Parkville)
February (On Campus - Parkville)
June (On Campus - Parkville)
April (On Campus - Parkville)
|
6.25 |
Corequisites
None
Non-allowed subjects
None
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
Nam Tran:
- Contribution to class learning (10%)
- Throughout subject
- 8 x individual quizzes (20%)
- 15 minutes each
- Throughout subject
- 5 x Syndicate assignment (20%)
- each is equivalent of individual 150-word assessment
- Throughout subject
- Final examination (50%)
- Hurdle requirement
- 3 hours
- End of subject
Hui Zhou:
- Contribution to class learning (10%)
- Throughout subject
- 7 x individual quizzes (20%)
- 10 minutes each
- Throughout subject
- 6 x Syndicate assignment (20%)
- each is equivalent of individual 150-word assessment
- Throughout subject
- Final examination (50%)
-
- Hurdle requirement
- 3 hours
- End of subject
EMBA
- Contribution to class learning (10%)
- Throughout subject
- 3 x individual assignments (10%)
- 200 words each
- Staggered throughout subject
- Syndicate assignment (10%)
- equivalent to individual 150-word assessment
- Between first and second classes
- Syndicate presentation (10%)
-
- equivalent to individual 1,000-word assessment
- End of subject
- Midterm test (20%)
-
- 1.5 hours
- Middle of subject
- Final examination (40%)
- Hurdle requirement
- 1.5 hours
- End of subject
Last updated: 3 November 2022
Quotas apply to this subject
Dates & times
- January
Mode of delivery On Campus (Parkville) Contact hours 30 hours Pre teaching start date 8 January 2018 Pre teaching requirements students are required to complete approximately 15 hours of reading during the pre-teaching period to prepare for the subject Teaching period 15 January 2018 to 22 March 2018 Last self-enrol date 29 November 2017 Census date 29 January 2018 Last date to withdraw without fail 2 March 2018 Assessment period ends 30 March 2018 January contact information
- April
Mode of delivery On Campus (Parkville) Contact hours 30 hours Pre teaching start date 2 April 2018 Pre teaching requirements students are required to complete approximately 15 hours of reading during the pre-teaching period to prepare for the subject Teaching period 9 April 2018 to 15 June 2018 Last self-enrol date 4 February 2018 Census date 20 April 2018 Last date to withdraw without fail 25 May 2018 Assessment period ends 22 June 2018 April contact information
- September
Mode of delivery On Campus (Parkville) Contact hours 30 hours Pre teaching start date 17 September 2018 Pre teaching requirements students are required to complete approximately 15 hours of reading during the pre-teaching period to prepare for the subject Teaching period 24 September 2018 to 29 November 2018 Last self-enrol date 22 July 2018 Census date 5 October 2018 Last date to withdraw without fail 9 November 2018 Assessment period ends 3 December 2018 September contact information
Additional delivery details
This subject is only available to students admitted to GD-BA, MC-BAPT, MC-BAPTME, 294PN, or permission of the MBA course coordinator
This subject has a quota of 80 students. Students will be selected on a first come, first serve basis. However if any student is approaching their completion date, they will get priority in enrolment.
This subject is equivalent to BUSA90002 in MC-BAPTME
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
- Subject notes
This subject is only available to students admitted to GD-BA, MC-BAPT, MC-BAPTME, 294PN, or permission of the MBA course coordinator
- Related Handbook entries
This subject contributes to the following:
Last updated: 3 November 2022