Accounting and Accountability for Decision Making
PostgraduateTAS-BFA5072024
Previously TAS-BFA526
Course information for 2024 intake View information for 2025 course intake
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Loan available
- FEE-HELP available
Accounting and Accountability for Decision Making
About this subject
Upon completion of this subject, the student should be able to:
- Apply accounting and accountability concepts to accounting systems and reporting
- Critique complex financial and non-financial reports for potential accounting issues
- Prepare financial statements using contemporary accounting theory and practice for management decision-making
- Week 1 - Organisations, responsibilities, accounting and accountability
- Week 2 - Organisations and their reporting boundaries
- Week 3 - An introduction to financial accounting
- Week 4 - Recording transactions in journals and ledgers
- Week 5 - The balance sheet
- Week 6 - The income statement and the statement of changes in equity
- Week 7 - The statement of cash flows
- Week 8 - Cash controls
- Week 9 - The analysis of organisations' external reports
- Week 10 - An introduction to management accounting
- Week 11 - Budgeting as a means of organisational planning and control
- Week 12 - Accountability for social and environmental performance
- Week 13 - Revision
Accounting and Accountability for Decision Making is an introductory accounting subject concerned with the fundamentals of financial accounting. The subject includes an introduction to the basic principles of accrual accounting and the five elements of financial reports (i.e. assets, liabilities, owners equity, revenue and expenses). The subject focusses on the key financial statements from the preparer's perspective – the balance sheet, income statement and statement of cash flows. Topics covered in the subject include measuring and reporting financial position, the accounting cycle, inventory, internal control and cash, non-current assets, cash flow statements and accounting policy choice.
- Oral presentation (25%)
- End of Semester Exam (40%)
- Case Study (35%)
For textbook details check your university's handbook, website or learning management system (LMS).
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- QS Ranking 2024:
- 20
- Times Higher Education Ranking 2024:
- 19
Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-FIN-MAS-2024 - Master of Finance
- TAS-FIN-GCE-2024 - Graduate Certificate in Finance
- TAS-BSS-GCE-2024 - Graduate Certificate in Business Studies
- TAS-PFA-GDI-2024 - Graduate Diploma of Professional Accounting
- TAS-PFA-GCE-2024 - Graduate Certificate in Professional Accounting
- TAS-FIN-GDI-2024 - Graduate Diploma of Finance
Elective
- TAS-MPA-MAS-2024 - Master of Professional Accounting
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
PostgraduateTAS-FIN-MAS
Graduate Certificate in Finance
PostgraduateTAS-FIN-GCE
Graduate Certificate in Business Studies
PostgraduateTAS-BSS-GCE
Graduate Diploma of Professional Accounting
PostgraduateTAS-PFA-GDI
Graduate Certificate in Professional Accounting
PostgraduateTAS-PFA-GCE
PostgraduateTAS-FIN-GDI
Master of Professional Accounting
PostgraduateTAS-MPA-MAS