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Accounting for Decision Making (ACCT90004)
Graduate courseworkPoints: 12.5Dual-Delivery (Parkville) and On Campus (Parkville)
To learn more, visit 2023 Course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Summer Term
Tom Frick tom.frick@unimelb.edu.au
Semester 1
Semester 2
Overview
Availability | Summer Term - Dual-Delivery Semester 1 - Dual-Delivery Semester 2 - On Campus |
---|---|
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
On successful completion of this subject, students should be able to:
- 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 organisations 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: 31 January 2024
Eligibility and requirements
Prerequisites
Admission into one of the following: MC-MGMTACT Master of Management (Accounting), MC-MGMTFIN Master of Management (Finance)
If you do not meet the prerequisites to enrol in this subject:
a. We recommend ACCT90041 Fundamental in Accounting as an alternative https://handbook.unimelb.edu.au/2023/subjects/acct90041
b. ACCT90004 Accounting for Decision Making is for students pursing a major or specialisation in Accounting. To request a waiver, email accounting-teaching@unimelb.edu.au to outline how you meet the accounting specialisation prerequisite
Corequisites
None
Non-allowed subjects
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: 31 January 2024
Assessment
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 | 10% |
End-of-semester examination
| During the examination period | 60% |
Additional details
This Dual-Delivery subject has On Campus assessment components. Students approved to complete this subject during the Summer 2023 study period offshore will be contacted to confirm their assessment arrangements
Last updated: 31 January 2024
Dates & times
- Summer Term - Dual-Delivery
Principal coordinator Tom Frick Mode of delivery Dual-Delivery (Parkville) Contact hours Two 2-hour lectures and two 1.5 hour workshops per week (Summer) Total time commitment 170 hours Teaching period 3 January 2023 to 10 February 2023 Last self-enrol date 9 January 2023 Census date 20 January 2023 Last date to withdraw without fail 3 February 2023 Assessment period ends 25 February 2023 Summer Term contact information
Tom Frick tom.frick@unimelb.edu.au
- Semester 1 - Dual-Delivery
Principal coordinator Annette Rea Mode of delivery Dual-Delivery (Parkville) Contact hours One 2-hour lecture and one 1.5 hour workshop per week Total time commitment 170 hours Teaching period 27 February 2023 to 28 May 2023 Last self-enrol date 10 March 2023 Census date 31 March 2023 Last date to withdraw without fail 5 May 2023 Assessment period ends 23 June 2023 Semester 1 contact information
- Semester 2 - On Campus
Principal coordinator Annette Rea 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 24 July 2023 to 22 October 2023 Last self-enrol date 4 August 2023 Census date 31 August 2023 Last date to withdraw without fail 22 September 2023 Assessment period ends 17 November 2023 Semester 2 contact information
Time commitment details
Estimated total time commitment of 170 hours per semester
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 31 January 2024
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: 31 January 2024