Accounting Systems and Processes
Credit points
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
VU Sydney
Prerequisites
(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)
Overview
The unit introduces students to financial accounting concepts and practices required for processing transactions and producing and interpreting accounting reports within the context of accounting standards and internal and external user requirements. It develops students’ professional attributes as they investigate transactions and financial reports that face contemporary businesses. The unit also critically commentates upon international financial accounting issues.
Learning Outcomes
On successful completion of this unit, students will be able to:
- Critically analyse, interpret and communicate financial information required for decision making and accountability by local and global organisations and external stakeholders;
- Perform financial accounting activities using manual and digital means that exemplify ethical practices, values and dispositions in achieving mutual outcomes;
- Compose creative sustainable solutions to complex financial accounting problems through analytical, communication and interpersonal skills; and
- Exhibit high level personal autonomy and accountability within collaborative decision making activities in achieving ethical and socially responsible team outcomes.
Assessment
For Melbourne campuses
Assessment type: Assignment | Grade: 20%
Computer based assignment - Individual
Assessment type: Report | Grade: 30%
Group report and presentation
Assessment type: Examination | Grade: 50%
Final examination
Required reading
Financial accounting: Reporting, analysis and decision making
Carlon, S., McAlpine, R., Lee, C., Mitrione, L., Kirk, N., & Wong, L. (2018). | John Wiley & Sons.
As part of a course
This unit is studied as part of the following course(s):