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Unit of study_

BUSS1030: Accounting for Decision Making

There are many uses for accounting data. This unit of study investigates the fundamentals of accounting at an introductory level to provide students with a user-focused understanding of accounting information. The unit of study introduces key accounting concepts from a user perspective, introducing simple financial statements, internal business planning and working capital, as well as evolving topics such as sustainability and corporate governance. Students develop desirable graduate attributes such as critical-thinking and decision-making skills via a range of knowledge building tasks. Authentic assessment is used to evaluate and assist students in the learning process.

Code BUSS1030
Academic unit Accounting
Credit points 6
ACCT1001 or ACCT1002 or ACCT1003 or ACCT1004 or ACCT1005

At the completion of this unit, you should be able to:

  • LO1. demonstrate an understanding of the role of accounting in business decision-making through the analysis and interpretation of accounting information
  • LO2. prepare and use conventional financial reports - statement of financial position, statement of financial performance and cash flow statements
  • LO3. apply accounting concepts and techniques to new contexts and scenarios
  • LO4. analyse and critically interpret accounting information to inform everyday business decisions
  • LO5. develop technical competency in accounting skills/techniques to demonstrate their application in business contexts and scenarios.