BUSS1102: Accounting and Finance for Business Decisions

2027 unit information

This unit develops the foundational knowledge and analytical skills required to use accounting and financial information to support business decision-making. Students examine the structure of businesses and the business environment in which organisations operate, providing a framework for understanding how firms undertake and record economic activities through business transactions. Building on this foundation, students learn how business transactions accumulate into key financial statements, including income statements, balance sheets and cash flow statements, which provide information about organisational performance, financial position and liquidity. The unit also develops quantitative skills through the study of the time value of money. These concepts are applied to capital budgeting, where students evaluate investment decisions related to the assets of the firm and assess how organisations allocate financial resources to long-term projects. Students then examine how these investments are financed by analysing the roles of debt and equity in the capital structure of a firm. In doing so, they consider how financing choices are reflected in the balance sheet and explore the distinction between the book values reported in financial statements and the market values of financial securities. By linking business transactions, financial reporting, investment decisions and financing choices, the unit equips students to interpret financial information and evaluate how firms make and fund key business decisions. This provides a foundation for further study in accounting, finance and related business disciplines.

Unit details and rules

Managing faculty or University school:

Business (Business School)

Details

Study level	Undergraduate
Academic unit	Accounting, Governance and Regulation
Credit points	6

Enrolment rules

Prerequisites: ?	None
Corequisites: ?	None
Prohibitions: ?	BUSS1030
Assumed knowledge: ?	None

Learning outcomes

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

LO1. Demonstrate and explain the role of accounting and finance in business decision-making through the analysis and interpretation of business information
LO2. Prepare and use simple financial reports - statement of financial position, statement of financial performance and cash flow statements
LO3. Analyse and critically interpret accounting information to inform everyday business decisions
LO4. Demonstrates technical competency in applying accounting skills/techniques in business contexts.
LO5. Compute the risk-adjusted present value and future value of single cash flow streams, mixed cash flow streams, annuities and perpetuities
LO6. Explain and apply the basic concepts underpinning the valuation of bonds and common equity securities
LO7. Utilise accounting and financial information to undertake capital budgeting decisions

Unit availability

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There are no availabilities for this year.

Session	MoA ?	Location	Outline ?
Semester 1 2027	Normal day	Camperdown/Darlington, Sydney	Outline unavailable
Semester 2 2027	Normal day	Camperdown/Darlington, Sydney	Outline unavailable

There are no availabilities for previous years.

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Modes of attendance (MoA)

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