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Accounting for Managers (BUSA90003)
Graduate courseworkPoints: 12.5Not available in 2021
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.
Overview
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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: 12 November 2022
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: 12 November 2022
Assessment
Description | Timing | Percentage |
---|---|---|
Contribution to class learning | Throughout the teaching period | 10% |
8 x individual quizzes
| Throughout the teaching period | 20% |
5 x Syndicate assignment, each is equivalent of individual 150-word assessment
| Throughout the teaching period | 20% |
End-of-semester examination
| During the examination period | 50% |
Contribution to class learning | Throughout the teaching period | 10% |
7 x individual quizzes
| Throughout the teaching period | 20% |
6 x Syndicate assignment, each is equivalent of individual 150-word assessment
| Throughout the teaching period | 20% |
End-of-semester examination
| During the examination period | 50% |
Additional details
- Nam Tran (first four assessment items)
- Hui Zhou (second four assessment items)
Last updated: 12 November 2022
Dates & times
Not available in 2021
Last updated: 12 November 2022
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
- 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: 12 November 2022