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Financial Accounting (BUSA90001)
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
September
Overview
Availability(Quotas apply) | January April July September |
---|---|
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:
- Read and interpret a company's financial statements.
- Analyse a company's financial statements and draw relevant inferences from the analysis to assist in making decisions
- Discuss fundamental accounting concepts and issues using everyday language.
- Appreciate the measurement and recognition difficulties inherent in financial reporting, as well as the role of judgment in the preparation and interpretation of financial statements.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
pre-requisite MBA students
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90552 | Business Essentials |
September (On Campus - Parkville)
January (On Campus - Parkville)
April (On Campus - Parkville)
Summer Term (Online)
July (On Campus - Parkville)
|
12.5 |
BUSA90532 | Business Essentials |
January (On Campus - Parkville)
April (On Campus - Parkville)
|
25 |
BUSA90480 | Leadership |
September (On Campus - Parkville)
April (On Campus - Parkville)
Summer Term (On Campus - Parkville)
June (On Campus - Parkville)
April (On Campus - Parkville)
|
6.25 |
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90481 | Managerial Ethics & Business Environment |
April (On Campus - Parkville)
June (On Campus - Parkville)
April (On Campus - Parkville)
September (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
6.25 |
pre-requisite certificate students
Admission into the GC-BA Graduate Certificate in Business Administration, PR-BA Professional Certificate in Business Administration
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90532 | Business Essentials |
January (On Campus - Parkville)
April (On Campus - Parkville)
|
25 |
BUSA90552 | Business Essentials |
September (On Campus - Parkville)
January (On Campus - Parkville)
April (On Campus - Parkville)
Summer Term (Online)
July (On Campus - Parkville)
|
12.5 |
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: 31 January 2024
Assessment
April
Description | Timing | Percentage |
---|---|---|
Contribution to class learning | Throughout the teaching period | 15% |
Class preparation tasks
| Throughout the teaching period | 10% |
Syndicate assignments case preparations
| Between first and second classes | 15% |
Module self-assessment question sets
| End of the teaching period | 15% |
Final examination
| End of the teaching period | 45% |
January
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% |
Final examination
| End of the teaching period | 60% |
July
Description | Timing | Percentage |
---|---|---|
Contribution to class learning | Throughout the teaching period | 10% |
Class preparation tasks
| Throughout the teaching period | 10% |
Module self-assessment question sets
| Throughout the teaching period | 15% |
Syndicate case preparatoins
| Throughout the teaching period | 15% |
Final examination
| End of the teaching period | 45% |
Additional details
Nam Tran: January (18/01/21 teaching start) and September (27/09/21 teaching start)
- Contribution to class learning (10%)
- Throughout subject
- Individual quizzes (10%)
- 15 minutes each
- Throughout subject
- Syndicate assignments (20%)
- each is equivalent of individual 150-word assessment
- Throughout subject
- Final examination (60%)
- Hurdle requirement
- 3 hours
- End of subject
Jim Frederickson: April 12/04/21 teaching start) and July (05/07/21 teaching start)
EMBA: September (21/09/20 teaching start)
- Contribution to class learning (10%)
- Throughout subject
- 3 x individual assignments (10%)
- 200 words each
- Staggered throughout subject
- Syndicate assignment (10%)
- equivalent to individual 150-word assessment
- Between first and second classes
- Syndicate presentation (10%)
- equivalent to individual 1,000-word assessment
- End of subject
- Midterm test (20%)
- 1.5 hours
- Middle of subject
- Final examination (40%)
- Hurdle requirement
- 1.5 hours
- End of subject
Last updated: 31 January 2024
Quotas apply to this subject
Dates & times
- January
Mode of delivery On Campus (Parkville) Contact hours Total time commitment 140 hours Pre teaching start date 8 January 2024 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 15 January 2024 to 22 March 2024 Last self-enrol date 10 December 2023 Census date 2 February 2024 Last date to withdraw without fail 1 March 2024 Assessment period ends 29 March 2024 - April
Mode of delivery On Campus (Parkville) Contact hours Total time commitment 140 hours Pre teaching start date 1 April 2024 Pre teaching requirements students are required to complete approximately 15 hours of reading during the pre-teaching period to prepare for the subject Teaching period 8 April 2024 to 14 June 2024 Last self-enrol date 4 February 2024 Census date 19 April 2024 Last date to withdraw without fail 24 May 2024 Assessment period ends 21 June 2024 - July
Mode of delivery On Campus (Parkville) Contact hours 30 hours Total time commitment 140 hours Pre teaching start date 24 June 2024 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during pre-teaching period Teaching period 1 July 2024 to 6 September 2024 Last self-enrol date 21 April 2024 Census date 12 July 2024 Last date to withdraw without fail 16 August 2024 Assessment period ends 13 September 2024 - September
Mode of delivery On Campus (Parkville) Contact hours 30 hours Total time commitment 140 hours Pre teaching start date 16 September 2024 Pre teaching requirements students are required to complete approximately 15 hours of reading during the pre-teaching period to prepare for the subject Teaching period 23 September 2024 to 29 November 2024 Last self-enrol date 14 July 2024 Census date 4 October 2024 Last date to withdraw without fail 8 November 2024 Assessment period ends 6 December 2024 September 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.
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
This subject has a quota of 80 students. Students will be selected on a first come, first serve basis. However if any student is approaching their completion date, they will get priority in enrolment.
This subject is equivalent to BUSA90002 in MC-BAPTME
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:
- 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