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Fundamentals in Accounting (ACCT90041)
Graduate courseworkPoints: 12.5Online and Dual-Delivery (Parkville)
Please refer to the return to campus page for more information on these delivery modes and students who can enrol in each mode based on their location.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Brad Potter
Semester 2
Brad Potter
Overview
Availability | Semester 1 - Dual-Delivery Semester 2 - Online |
---|---|
Fees | Look up fees |
This subject focuses on the nature of accounting from the perspective of the users of financial reports. In this subject, students will learn how to analyse and interpret financial information prepared by diverse businesses, both profit and not-for-profit. A key theme in the subject is to understand the relevance of accounting information for the decisions typically made by diverse stakeholders including financial analysts, bankers and shareholders as well as the strategic and operational decisions made by managers within the different businesses. This subject is designed to meet the needs of students from all disciplines, who seek to become more informed users of accounting information but who do not intend to pursue further studies in accounting.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Describe the nature and purpose of financial statements;
- Understand the conventions and concepts underlying major accounting reports that influence how they should be used;
- Analyse and interpret the information contained in financial statements prepared by different types of businesses;
- Analyse the relevance of accounting information for key stakeholders outside the business including financial analysts, creditors (such as bankers), and shareholders as well as managers within the different businesses.
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 accounting reports, 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
Master of Management (Accounting)
Master of Management (Accounting and Finance)
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACCT90004 | Accounting for Decision Making |
Semester 2 (Dual-Delivery - Parkville)
Summer Term (Online)
Semester 1 (Dual-Delivery - Parkville)
|
12.5 |
or equivalent.
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
Description | Timing | Percentage |
---|---|---|
End-of-semester exam
| During the examination period | 50% |
Mid-semester test
| Mid semester | 15% |
Group assignment (normally in groups of 3-4 students), 4000 words including appendices
| Second half of the teaching period | 25% |
Seminar preparation and contribution | Throughout the semester | 10% |
Last updated: 3 November 2022
Dates & times
- Semester 1 - Dual-Delivery
Mode of delivery Dual-Delivery (Parkville) Contact hours 1 x 2 hour seminar per week with an additional 1 x 1 hour for student preparation per week Total time commitment 170 hours Teaching period 1 March 2021 to 30 May 2021 Last self-enrol date 12 March 2021 Census date 31 March 2021 Last date to withdraw without fail 7 May 2021 Assessment period ends 25 June 2021 Semester 1 contact information
Brad Potter
- Semester 2 - Online
Mode of delivery Online Contact hours 1.5 hour Lecture; 1.5 Hour Workshop Total time commitment 170 hours Teaching period 26 July 2021 to 24 October 2021 Last self-enrol date 6 August 2021 Census date 31 August 2021 Last date to withdraw without fail 24 September 2021 Assessment period ends 19 November 2021 Semester 2 contact information
Brad Potter
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 (Marketing) Course Master of Management - 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