Accounting and Financial Management

Unit code: BAO6000 | Study level: Postgraduate
Credit points
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
Victoria University Online
Prerequisites
N/A
Overview
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Overview

This unit focuses on the understanding and use of financial information and the composition and meaning of financial statements. It is designed from a user-perspective for those who use accounting information, rather than those whose task it is to prepare information. The unit covers accounting reports prepared for external users, as well as accounting reports used by managers to plan, control and make decisions. Students will demonstrate skills in accounting techniques used to gain intelligence to plan and control business operations and plan future business activity.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Assess information and business support systems to monitor issues, problems and opportunities affecting business;
  2. Evaluate accounting information in the planning and control of business operations;
  3. Analyse financial reports to inform users of business performance and position;
  4. Verify and synthesise information required for short and long-term decision making relevant to management accounting; and,
  5. Articulate and devise problem-solving techniques for making informed management decisions and communicate the outcomes of the decision-making process to diverse stakeholders.

Assessment

For Melbourne campuses

Assessment type: Assignment
|
Grade: 10%
Practical costing behaviour for decision making (500 words)
Assessment type: Exercise
|
Grade: 40%
Evaluation of financial reports to support business intelligence and decision making (2000 words)
Assessment type: Report
|
Grade: 50%
Analysing accounting information for managerial decision making (2500 words)

Required reading

Selected readings form the VU Library will be made available via the unit VU Collaborate site. There is no prescribed text for this unit, as it emphasises experiential and student-centred learning.

As part of a course

This unit is studied as part of the following course(s):

Graduate Certificate in Business
BTBU | Graduate certificate | Duration: 8 months
Graduate Certificate in Finance
BTFF | Graduate certificate | Duration: 8 months
Master of Financial Planning
BMFP | Masters (coursework) degree | Duration: 2 years

Refer to the course page for information on how to apply for the course. VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.

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