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Financial Accounting (BUSA90002)
Graduate courseworkPoints: 12.5Dual-Delivery (Parkville)
From 2023 most subjects will be taught on campus only with flexible options limited to a select number of postgraduate programs and individual subjects.
To learn more, visit COVID-19 course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Overview
Availability | May - Dual-Delivery |
---|---|
Fees | Look up fees |
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: 31 January 2024
Eligibility and requirements
Prerequisites
None
Corequisites
One of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90480 | Leadership |
April (On Campus - Parkville)
September (On Campus - Parkville)
March (Dual-Delivery - Parkville)
June (Dual-Delivery - Parkville)
|
6.25 |
BUSA90481 | Managerial Ethics & Business Environment |
March (On Campus - Parkville)
July (On Campus - Parkville)
September (On Campus - Parkville)
April (Dual-Delivery - Parkville)
|
6.25 |
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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Contribution to class learning | Throughout the teaching period | 10% |
3 x individual assignments staggered throughout subject
| Throughout the teaching period | 10% |
Syndicate assignment equivalent to individual 150-word assessment
| Between first and second classes | 10% |
Syndicate presentation equivalent to individual 1,000-word assessment
| End of the teaching period | 10% |
Midterm test
| Middle of subject | 20% |
End-of-semester examination
| During the examination period | 40% |
Last updated: 31 January 2024
Dates & times
- May
Mode of delivery Dual-Delivery (Parkville) Contact hours 30 hours Total time commitment 170 hours Pre teaching start date 12 April 2022 Pre teaching requirements students are required to complete approximately 30 hours of readings to prepare for the subject during pre-teaching period Teaching period 12 May 2022 to 12 June 2022 Last self-enrol date 18 April 2022 Census date 13 May 2022 Last date to withdraw without fail 27 May 2022 Assessment period ends 12 June 2022
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
Last updated: 31 January 2024
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
- Subject notes
This subject is only available to students admitted to GD-BA, MC-BAPT, MC-BAPTME, 294PN, or permission of the MBA course coordinator
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Business Administration - 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: 31 January 2024