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Financial Accounting (BUSA90001)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Year of offer2019
Subject levelGraduate coursework
Subject codeBUSA90001
Campus
Parkville
Availability(Quotas apply)
January
January
July
September
FeesSubject EFTSL, Level, Discipline & Census Date

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.

Eligibility and requirements

Prerequisites

Code Name Teaching period Credit Points
BUSA90480 Leadership
Summer Term
March
March
June
September
6.25

Corequisites

None

Non-allowed subjects

None

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

Assessment

Description

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

Quotas apply to this subject

Dates & times

  • January
    Mode of deliveryOn Campus — Parkville
    Contact hours30 hours
    Pre teaching start date 4 January 2019
    Pre teaching requirementsstudents are required to complete approximately 30 hours of readings to prepare for the subject during pre-teaching period
    Teaching period 7 January 2019 to 14 March 2019
    Last self-enrol date 2 December 2018
    Census date25 January 2019
    Last date to withdraw without fail22 February 2019
    Assessment period ends21 March 2019
  • January
    Mode of deliveryOn Campus — Parkville
    Contact hours30 hours
    Pre teaching start date 7 January 2019
    Pre teaching requirementsstudents are required to complete approximately 15 hours of reading during the pre-teaching period to prepare for the subject
    Teaching period14 January 2019 to 21 March 2019
    Last self-enrol date 2 December 2018
    Census date25 January 2019
    Last date to withdraw without fail 1 March 2019
    Assessment period ends28 March 2019

    January contact information

    Melbourne Business School

    Degree Program Services

    Email: Programservices@mbs.edu

  • July
    Mode of deliveryOn Campus — Parkville
    Contact hours30 hours
    Pre teaching start date24 June 2019
    Pre teaching requirementsstudents are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period
    Teaching period 1 July 2019 to 5 September 2019
    Last self-enrol date28 April 2019
    Census date12 July 2019
    Last date to withdraw without fail16 August 2019
    Assessment period ends12 September 2019
  • September
    Mode of deliveryOn Campus — Parkville
    Contact hours30 hours
    Pre teaching start date16 September 2019
    Pre teaching requirementsstudents are required to complete approximately 15 hours of reading during the pre-teaching period to prepare for the subject
    Teaching period23 September 2019 to 28 November 2019
    Last self-enrol date21 July 2019
    Census date 4 October 2019
    Last date to withdraw without fail 8 November 2019
    Assessment period ends 5 December 2019

    September contact information

    Melbourne Business School

    Degree Program Services

    Email: Programservices@mbs.edu

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

Further information

Last updated: 3 April 2019