Accounting for Decision Making

Unit code: VBE1000 | Study level: Undergraduate
12
(One credit point is usually equivalent to one hour of study per week)
City Campus
City Flinders
Online Real Time
VU Sydney
N/A
Overview
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Overview

This unit provides a basis for further accounting studies, while meeting the needs of students interested in pursuing studies in other areas of business. The unit introduces students to basic accounting concepts and selected accounting practices and to the role of, and the processes involved in, planning and decision making within the business environment. Students will begin to investigate the roles of accounting and management planning for supporting organisational decision making. To undertake this investigation, students will begin to integrate principles and key professional practices of accounting concepts; cash and accrual accounting; preparation of financial statements; and forms of business ownership.

Learning Outcomes

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

  1. Assess different types of decisions relevant to improving business performance;
  2. Discuss the use of accounting information in the planning and control of business operations;
  3. Prepare basic General Purpose Financial Reports to inform users of business performance and position;
  4. Analyse and integrate information required for short and long term decision making relevant to management accounting;
  5. Articulate and plan problem-solving techniques in making informed accounting decisions; and
  6. Demonstrate the development of fundamental academic and professional skills required for further study and the workforce.

Assessment

For Melbourne campuses

Assessment type: Assignment
|
Grade: 30%
Individual Project: Business Report (1000 words)
Assessment type: Other
|
Grade: 20%
On-line Quiz (45 min)
Assessment type: Case Study
|
Grade: 25%
Case study analysis (timed 1 hour)
Assessment type: Test
|
Grade: 25%
On-line test (timed - 1 hour)

Other locations

For students studying at Henan University, Liaoning University
Assessment type: Test
|
Grade: 15%
Five (5) Online Tests (30 minutes – 1 hour duration; total is equivalent to 650 words)
Assessment type: Test
|
Grade: 15%
Transaction Analysis and Recording Test (1.5 hours; equivalent to 400 words)
Assessment type: Assignment
|
Grade: 20%
Individual Project: Share market Listed Company Analysis (equivalent to 450 words)
Assessment type: Examination
|
Grade: 50%
Final Exam (2 hours; equivalent to 1500 words)
For students studying at VU Sydney
Assessment type: Assignment
|
Grade: 30%
Individual Project: Business Report (1000 words)
Assessment type: Other
|
Grade: 20%
On-line quiz (45 min)
Assessment type: Case Study
|
Grade: 25%
Case study analysis (timed 1 hour)
Assessment type: Test
|
Grade: 25%
On-line test (timed - 1 hour)

Required reading

There is no prescribed textbook for this unit.

As part of a course

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

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