| Effective Term: | 2024/05 |
| Institute / School : | Institute of Innovation, Science & Sustainability |
| Unit Title: | Accounting for Managers |
| Unit ID: | BSMAN3009 |
| Credit Points: | 15.00 |
| Prerequisite(s): | Nil |
| Co-requisite(s): | Nil |
| Exclusion(s): | Nil |
| ASCED: | 080307 |
| Other Change: | |
| Brief description of the Unit |
As the final accounting course in the Bachelor of Applied Management and Bachelor of Hospitality (Management), Accounting for Managers draws on and extends the knowledge and skills from previous accounting courses. Its primary focus is the preparation, analysis and interpretation of financial information for the purpose of informing management decision-making. Students will be challenged by a diverse range of problems and scenarios that will ensure that they are able apply their knowledge in the workplace, cognisant of the regulatory, ethical and sustainability expectations of all stakeholders. |
| Grade Scheme: | Graded (HD, D, C, P, MF, F, XF) |
| Work Experience Indicator: |
| No work experience |
| Placement Component: | |
| Supplementary Assessment:Yes |
| Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment |
| Course Level: |
| Level of Unit in Course | AQF Level(s) of Course | | 5 | 6 | 7 | 8 | 9 | 10 | | Introductory | | | | | | | | Intermediate | | | | | | | | Advanced | | |  | | | |
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| Learning Outcomes: |
| Knowledge: |
| K1. | Compare the sources and instruments of business regulation and how they control the provision of financial and management accounting information in Australia. |
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| K2. | Examine the key drivers and principles of business sustainability and their effect on business performance and reporting. |
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| K3. | Analyse and interpret key financial statements to evaluate the financial performance of an entity |
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| K4. | Appraise the different methods used for Capital Investment decisions |
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| K5. | Relate how cost structure and cost behavior can impact on business profitability. |
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| Skills: |
| S1. | Critically evaluate the ways in which accounting regulation, ethics and sustainability, impact upon the behavior and reporting of entities in Australia |
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| S2. | Identify and calculate appropriate ratios to analyse companies financial statements |
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| S3. | Justify decisions on new investments or projects by applying relevant financial management techniques |
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| Application of knowledge and skills: |
| A1. | Independently evaluate a diverse range of business decisions, across multiple industries, using appropriate financial information and techniques |
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| A2. | Assemble and communicate information that informs financial decision-making by relevant stakeholders |
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| Unit Content: |
•Accounting concepts and regulation
•Business sustainability
•Financial statements - Structure and disclosure requirements
•Balance Sheet
•Income Statement
•Cash Flow Statement
•Ratio analysis and interpretation of financial statements
•Budgeting
•Cost-Volume-Profit analysis
•Capital investment decision-making |
| Graduate Attributes: |
| | Learning Outcomes Assessed | Assessment Tasks | Assessment Type | Weighting | | 1. | K1, K2, S1 | An analysis of business sustainability, its key drivers, principles and impact on corporate reporting | Essay | 10 – 20% | | 2. | K3, S2, A1, A2 | A report of the financial health of a commercial entity based on the analysis and interpretation of its financial statements | Written research report | 30 – 40% | | 3. | K1, K2, K3, K4, K5, S1, S2, S3, A1, A2 | Examination to assess attainment of required learning outcomes across all topics | Examination | 40 – 60% |
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