JQU0022 - Accounting B: Further Accounting

    Unit code: JQU0022 | Study level: TAFE
    City Campus
    Footscray Park
    JQU0021 - Accounting A: Essential Accounting
    (Or equivalent to be determined by unit coordinator)


    This unit of study will build on the accounting skills and knowledge taught in Accounting A:Essential Accounting. Students will focus on recording financial data into ledgers and journals using accounting principles. They will prepare and evaluate budgets and accounting reports for small business and propose appropriate strategies for improving business performance.

    Learning Outcomes

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

    1. Prepare classified accounting reports for hypothetical small trading businesses including income statements, balance sheets and cash flow statements;
    2. Record balance day adjustments, including straight line depreciation appropriately to the general ledger and journal;
    3. Prepare budgeted reports for cash, sales, debtors and creditors and advise management on areas of concern using variance analysis, recommending solutions for improvement; and
    4. Analyse the profitability and cash flow of hypothetical small trading businesses and suggest specific strategies for effective management of these areas.


    For Melbourne campuses

    Developing skills and attributes towards the graduate capabilities of Victoria University will be incorporated across the course.

    Assessment type: Portfolio
    Grade: 30%
    Maintain a Folio of structured accounting exercises during the course.
    Assessment type: Test
    Grade: 30%
    Supervised test in class time
    Assessment type: Assignment
    Grade: 40%
    Supervised class time

    As part of a course

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

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