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Accounting for Decision Making (ACCT90004)
Graduate courseworkPoints: 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
Phill Cobbin pecobbin@unimelb.edu.au
Semester 1
Semester 2
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability | Summer Term Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
This subject focuses on the nature of accounting for organisations from the perspective of a preparer and user of financial reports. The subject examines the methods of recording and reporting transactions and events and how to both prepare and analyse financial reports.
This includes obtaining an understanding of the judgements and decisions involved in the preparation of financial reports. The subject examines how these different judgements and accounting policy choices can impact the analysis of profitability, liquidity, financial stability and efficiency outcomes.
Intended learning outcomes
- Describe the nature and objectives of financial reporting.
- Explain the key concepts that underpin the preparation of financial reports.
- Record accounting transactions and prepare properly formatted Income Statement, Balance Sheet and Statement of Cash Flow and understand the linkages between these reports.
- Analyse a range of financial and managerial decisions and the different accounting policies that support these decisions.
- To be able to use financial reports to understand an organizations financial performance and position.
- Evaluate the impact on financial results when different accounting policies are applied.
Generic skills
- Problem-solving, critical thinking, interpretation, analysis and evaluation, written and oral communication and the advancement of collaborative work practices.
- Research skills including the ability to synthesise data to develop and validate a range of propositions.
- Critical thinking about financial and managerial accounting theory, tools and techniques to enhance their technical expertise.
- Receptiveness to alternative theories and ideas that will enhance their lateral thinking.
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
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 |
---|---|---|
Mid-semester test
| Mid semester | 15% |
Group assignment (normally in groups of 3-4 students), 4000 words including appendices
| Late in the teaching period | 15% |
Individual accounting software assignment
| Late in the teaching period | 5% |
Workshop preparation and contribution | Throughout the teaching period | 5% |
End-of-semester examination
| During the examination period | 60% |
Additional details
Last updated: 3 November 2022
Dates & times
- Summer Term
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 1 January 2020 to 14 February 2020 Last self-enrol date 10 January 2020 Census date 17 January 2020 Last date to withdraw without fail 7 February 2020 Assessment period ends 29 February 2020 Summer Term contact information
Phill Cobbin pecobbin@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 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
- 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 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
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:
- 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.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022