ACCOUNTING AND FINANCE FUNDAMENTALS

BUS1AFX

2018

Credit points: 15

Subject outline

In this subject, students study the foundation elements of finance and its relationship to organisational goals and performance.  Through a range of business case studies, students learn about budgets and financial cycles, transaction processing and financial record keeping.  Students have the opportunity to apply the skills they've learned through a range of practical exercises that involve creating and analysing financial data and budgets, and developing spreadsheets.  Students also consolidate essential numerical concepts by developing formulas used in spreadsheets and performing calculations required to analyse and create financial documentation.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorGreg Jamieson

Available to Study Abroad StudentsNo

Subject year levelYear Level 1 - UG

Exchange StudentsNo

Subject particulars

Subject rules

Prerequisites Student must be enrolled in one of the following courses: LBAB, LBABM, LBABK, LDAB, LAAB

Co-requisitesN/A

Incompatible subjects BUS1AFB

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsAccounting and Finance for BusinessRecommendedCompiled by La Trobe Business School (2016)Cengage
ReadingsAccounting and Finance Fundamentals Learner ResourcePrescribedDidasko Digital, 2017Didasko Group

Graduate capabilities & intended learning outcomes

01. Research current business financial situations.

Activities:
Online research into business financial operations
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

02. Identify and analyse to provide solutions to business financial situations.

Activities:
Case studies and activities involving analysing and providing solutions
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

03. Communicate,effectively interpret and present financial information to a culturally diverse audience through financial reporting methods

Activities:
Interpret and present financial documentation to a culturally diverse audience
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Creative Problem-solving,Inquiry/Research)

04. Work with digital technologies and software including the LMS to source information to perform financial calculations, and prepare and analyse budgets.

Activities:
Activities involving Microsoft Excel to perform financial calculations and activities on preparing and analysing budgets
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

05. Review case studies and analyse budgets and profit and loss statements.

Activities:
Case study budget analysis
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

Subject options

Select to view your study options…

Start date between: and    Key dates

Online, 2018, Study Block 2, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 06 - 17
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 06 to week 17 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05

Online, 2018, Study Block 3, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 10 - 21
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 10 to week 21 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05

Online, 2018, Study Block 4, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 15 - 26
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 15 to week 26 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05

Online, 2018, Study Block 5, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 19 - 30
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 19 to week 30 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05

Online, 2018, Study Block 6, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 23 - 34
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 23 to week 34 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05

Online, 2018, Study Block 7, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 28 - 39
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 28 to week 39 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05

Online, 2018, Study Block 8, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 32 - 43
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 32 to week 43 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05

Online, 2018, Study Block 9, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 36 - 47
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 36 to week 47 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05

Online, 2018, Study Block 10, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 41 - 52
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 41 to week 52 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05

Online, 2018, Study Block 11, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 45
One 3.0 hours unscheduled online class per week on any day including weekend during the day in week 45 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05

Online, 2018, Study Block 12, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Unscheduled Online Class Week: 49
One 3.0 hours unscheduled online class per week on any day including weekend during the day in week 49 and delivered via online.

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including multiple choice quizzesThis will comprise a range of small online homework activities equivalent to 1,000-words20 02, 05
Group Presentation including calculation and quantitative data presentation (5-mins per student)3 students per group. 5-min per student (equivalent to 1,000-words)20 04, 05
1,000-word Case Study ReportTo be submitted via Turnitin in the LMS link provided20 01, 02, 03, 04, 05
2,000-word Case StudyThis assessment will report on the Graduate Capability of Quantitative Literacy40 01, 02, 03, 04, 05