Accounting for Business Decisions B
Area of Study
Accounting, Business, Business Administration, Business Management, Finance, Financial Management, International Business
Taught In English
22107 Accounting for Business Decisions A
Course Level Recommendations
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.
Recommended U.S. Semester Credits4
Recommended U.S. Quarter Units6
Hours & Credits
OverviewDescriptionThis 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 objectivesUpon 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 entity2. demonstrate analytical skills in problem-solving and quantitative skills in fundamental accounting processes and issues3. apply skills in processing accounting information and preparation of financial statements in a manual- and computer-based environment, taking into account generally accepted accounting principles4. 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 attributesThis 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 strategiesThe 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.ContentAccounting in an Australian contextCash and accountingAccounting for different business structuresAccounting regulationsManagement accounting systemsStandard costing and accumulating accounting informationAccounting information as inputs to management decisionsAssessmentAssessment task 1: Case Study (with ongoing Homework - Individual)Objective(s):This addresses subject learning objective(s):1, 2, 3 and 4This addresses program learning objectives(s):4.3Weight: 20%Assessment task 2: Mid-semester examObjective(s):This addresses subject learning objective(s):1, 2, 3 and 4Weight: 20%Length:2 hours + 10 minutes reading timeAssessment task 3: Final ExaminationObjective(s):This addresses subject learning objective(s):1, 2, 3 and 4Weight: 60%Length:3 hours + 10 minutes reading timeMinimum requirementsStudents must achieve at least 50% of the subject?s total marks.
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.