Accounting for Business Decisions B

UTS

Course Description

  • Course Name

    Accounting for Business Decisions B

  • Host University

    UTS

  • Location

    Sydney, Australia

  • Area of Study

    Accounting, Business, Business Administration, Business Management, Finance, Financial Management, International Business

  • Language Level

    Taught In English

  • Prerequisites

    22107 Accounting for Business Decisions A

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credit Points

    6
  • Recommended U.S. Semester Credits
    4
  • Recommended U.S. Quarter Units
    6
  • Overview

    Description
    This subject applies accounting in an information systems context to equip students with the appropriate accounting skills necessary to participate in a managerial capacity, including the skills to facilitate and enhance decision-making, accountability and control. Ethical implications of decisions are considered throughout the subject. The subject covers areas in both financial and management accounting.
    Subject objectives
    Upon successful completion of this subject students should be able to:
    1. integrate the perspective of accounting information into the internal and external decision-making of an economic entity
    2. demonstrate analytical skills in problem-solving and quantitative skills in fundamental accounting processes and issues
    3. apply skills in processing accounting information and preparation of financial statements in a manual- and computer-based environment, taking into account generally accepted accounting principles
    4. evaluate the ethical issues facing the accounting profession and the framework in which accounting operates.
    This subject also contributes specifically to the following program learning objectives:
    Critically analyse the core professional obligations, values and operations of organisations, including sustainability (4.3)
    Contribution to the development of graduate attributes
    This subject focuses on the application of accounting including fundamental accounting processes and issues, as well as critical, analytical and quantitative skills. On completion of the subject students are equipped with the knowledge and skills to deal with accounting information systems in the business environment. It also provides students with professional skills including the appropriate consideration of ethical issues, communication, and information technology in the context of organisations in Australia and internationally.
    This subject develops skills linked to the Faculty's graduate attribute that looks at developing attitudes and values.
    Teaching and learning strategies
    The subject is taught in large lectures and smaller tutorials. The lectures provide the structure of the topic area, discussion of the theory and some practical examples. The tutorials provide an opportunity to discuss ideas, ethical issues and make practical application of the theory. Extensive use is made of UTSOnline, and the computer assignment extends students' self-directed learning.
    Content
    Accounting in an Australian context
    Cash and accounting
    Accounting for different business structures
    Accounting regulations
    Management accounting systems
    Standard costing and accumulating accounting information
    Accounting information as inputs to management decisions
    Assessment
    Assessment task 1: Case Study (with ongoing Homework - Individual)
    Objective(s):
    This addresses subject learning objective(s):
    1, 2, 3 and 4
    This addresses program learning objectives(s):
    4.3
    Weight: 20%
    Assessment task 2: Mid-semester exam
    Objective(s):
    This addresses subject learning objective(s):
    1, 2, 3 and 4
    Weight: 20%
    Length:
    2 hours + 10 minutes reading time
    Assessment task 3: Final Examination
    Objective(s):
    This addresses subject learning objective(s):
    1, 2, 3 and 4
    Weight: 60%
    Length:
    3 hours + 10 minutes reading time
    Minimum requirements
    Students must achieve at least 50% of the subject?s total marks.

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.