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Accounting Reports and Analysis (ACCT10001)
Undergraduate level 1Points: 12.5On Campus (Parkville)
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Summer Term
Noel Boys nboys@unimelb.edu.au
Semester 1
Noel Boys nboys@unimelb.edu.au
Semester 2
Noel Boys nboys@unimelb.edu.au
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability(Quotas apply) | Summer Term Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
This subject introduces students to the nature of accounting and its role in both financial markets and within organisations. Topics covered provide an overview of key financial and management accounting concepts and include: the constituent elements of financial statements; recognition, measurement and disclosure issues in the preparation of financial statements; accounting policy choices available to managers for key assets and incentives associated with policy choices; the analysis and interpretation of financial statement data; the use of accounting information within organisations to support managerial planning, control and decision making. The coverage and treatment of material in this course is specifically designed to meet the needs of undergraduate students from all disciplines. The focus is on the informed use of accounting information rather than the preparation of accounts.
Intended learning outcomes
- Explain the nature and purpose of accounting within financial markets and business organisations;
- Identify and explain different business structures and their external financial reporting requirements;
- Define and describe the major categories of assets, liabilities, equity, income, expenses and cash flow activities;
- Discuss recognition, measurement and disclosure issues pertaining to various line items in financial statements
- Analyse and interpret major financial statements and the accounting policy choices that influence their preparation;
- Analyse cost and revenue information for internal planning and decision making;
- Explain the concepts of corporate governance, ethics and ‘good governance’ and its influence on accounting;
- Critically evaluate the strengths and weaknesses of accounting information relative to the purposes it serves.
- Explain and apply the nature and purpose of budgeting and cost-volume-profit analysis as tools for internal decision making.
Generic skills
- High level of development: collaborative learning; problem solving; interpretation and analysis; critical thinking; evaluation of data and other information.
- Moderate level of development: application of theory to practice; team work; oral communication; written communication; receptiveness to alternative ideas.
- Some level of development: accessing data and other information from a range of sources; statistical reasoning; synthesis of data and other information.
Last updated: 11 April 2024
Eligibility and requirements
Prerequisites
None
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: 11 April 2024
Assessment
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
Individual practical exercises
| First half of the teaching period | 10% |
Group report, due towards the end of the semester
| Second half of the teaching period | 10% |
Tutorial work, ongoing throughout the semester | Throughout the semester | 10% |
Examination
| During the examination period | 70% |
Last updated: 11 April 2024
Quotas apply to this subject
Dates & times
- Summer Term
Mode of delivery On Campus (Parkville) Contact hours Semester 1 and Semester 2: one 2-hour lecture and one 1-hour tutorial per week; Summer semester: two 2-hour lectures and two 1-hour tutorials per week for 6 weeks Total time commitment 170 hours Teaching period 7 January 2020 to 21 February 2020 Last self-enrol date 16 January 2020 Census date 17 January 2020 Last date to withdraw without fail 14 February 2020 Assessment period ends 29 February 2020 Summer Term contact information
Noel Boys nboys@unimelb.edu.au
- Semester 1
Mode of delivery On Campus (Parkville) Contact hours Semester 1 and Semester 2: one 2-hour lecture and one 1-hour tutorial per week; Summer semester: two 2-hour lectures and two 1-hour tutorials per week for 6 weeks Total time commitment 170 hours Teaching period 2 March 2020 to 7 June 2020 Last self-enrol date 13 March 2020 Census date 30 April 2020 Last date to withdraw without fail 5 June 2020 Assessment period ends 3 July 2020 Semester 1 contact information
Noel Boys nboys@unimelb.edu.au
- Semester 2
Mode of delivery On Campus (Parkville) Contact hours Semester 1 and Semester 2: one 2-hour lecture and one 1-hour tutorial per week; Summer semester: two 2-hour lectures and two 1-hour tutorials per week for 6 weeks Total time commitment 170 hours Teaching period 3 August 2020 to 1 November 2020 Last self-enrol date 14 August 2020 Census date 21 September 2020 Last date to withdraw without fail 16 October 2020 Assessment period ends 27 November 2020 Semester 2 contact information
Noel Boys nboys@unimelb.edu.au
Time commitment details
170 Hours
Additional delivery details
Please note that this subject has an enrolment quota in Semester 1 and Semester 2:
- 1900 places only.
- Initial self-enrolment will be provisional, places will not be guaranteed until the selection process has been run.
- Students will be selected into the subject on a first-come, first-served basis with preference given to students undertaking the subject as a compulsory subject in their degree or a core subject in their major.
- Students taking the subject as breadth may be withdrawn and should consider enrolling in the subject in a subsequent study period.
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
Recommended texts and other resources
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Bachelor of Environments Major Construction Breadth Track Forensic Accounting Breadth Track Fundamentals of Finance and Accounting - Breadth options
This subject is available as breadth in the following courses:
- Bachelor of Arts
- Bachelor of Biomedicine
- Bachelor of Design
- Bachelor of Environments
- Bachelor of Fine Arts (Acting)
- Bachelor of Fine Arts (Animation)
- Bachelor of Fine Arts (Dance)
- Bachelor of Fine Arts (Film and Television)
- Bachelor of Fine Arts (Music Theatre)
- Bachelor of Fine Arts (Screenwriting)
- Bachelor of Fine Arts (Theatre)
- Bachelor of Fine Arts (Visual Art)
- Bachelor of Music
- Bachelor of Science
- 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: 11 April 2024