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Fundamentals in Accounting (ACCT90041)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable (login required)(opens in new window)
Contact information
Semester 1
Semester 2
Overview
| Availability | Semester 1 Semester 2 |
|---|---|
| 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: 31 January 2024
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 |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - 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: 31 January 2024
Assessment
| Description | Timing | Percentage |
|---|---|---|
Seminar preparation and contribution | Throughout the semester | 10% |
Individual Assignment Part A Two x 400-word assignments (due early in semester and in the middle of semester)
| Throughout the teaching period | 10% |
Individual Assignment Part B One 400-word (equivalent) peer review on responses to the second submission of Part A.
| Throughout the teaching period | 5% |
Group assignment (normally in groups of 3-4 students), 4000 words including appendices
| Second half of the teaching period | 25% |
End-of-semester exam
| During the examination period | 50% |
Last updated: 31 January 2024
Dates & times
- Semester 1
Principal coordinator Matt Dyki Mode of delivery On Campus (Parkville) Contact hours 1 x 2 hour seminar per week. Students are also expected to view a 60 minute pre-recorded lecture each week Total time commitment 170 hours Teaching period 26 February 2024 to 26 May 2024 Last self-enrol date 8 March 2024 Census date 3 April 2024 Last date to withdraw without fail 3 May 2024 Assessment period ends 21 June 2024 Semester 1 contact information
- Semester 2
Mode of delivery On Campus (Parkville) Contact hours 1 x 2 hour seminar per week. Students are also expected to view a 60 minute pre-recorded lecture each week Total time commitment 170 hours Teaching period 22 July 2024 to 20 October 2024 Last self-enrol date 2 August 2024 Census date 2 September 2024 Last date to withdraw without fail 20 September 2024 Assessment period ends 15 November 2024 Semester 2 contact information
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:
Type Name Course Master of Management (Marketing) Course Master of Management Course Master of Management (Human Resources) - 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