ACCOUNTING AND FINANCE FOR BUSINESS

BUS1AFB

2016

Credit points: 15

Subject outline

In Accounting and Finance for Business, you will be introduced to the language of accounting and its financial application to problem solving in business.  You will have the opportunity to use accounting and financial concepts in a range of business contexts: justifying a marketing campaign financially; managing the local footy clubs cash flows; determining whether an event will cover costs; estimating the return an investment offers investors; developing the budget for the business plan you will pitch to the board; or defining a savings plan to fund your own retirement.  Working independently and working together with other students, both on-line and face-to-face, you will learn about accounting and finance through solving business problems, and develop the ethical, critical thinking and interpersonal skills required to question the financial viability of business plans, and add sustainable value to any business or organisation.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorGreg Jamieson

Available to Study Abroad StudentsYes

Subject year levelYear Level 1 - UG

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsAccounting and Finance for BusinessPrescribedCompiled by La Trobe Business School (2015)Cengage

Graduate capabilities & intended learning outcomes

01. Analyse and interpret accounting and financial information as it applies to a range of organisational contexts

Activities:
Each week students will be required to engage with approximately one-hour of on-line learning activities, which include webinars and video interviews. The learning developed through these activities will then be formatively assessed via an on-line quiz, prior to the student completing an on-line homework task. The homework task and the results of the on-line quiz will inform the learning activities in the face-to-face enquiry based learning class, in which the students will apply their learning to solving problems
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)

02. Apply a range of investment decision models to value and appraise investment projects

Activities:
Each week students will be required to engage with approximately one-hour of on-line learning activities, which include webinars and video interviews. The learning developed through these activities will then be formatively assessed via an on-line quiz, prior to the student completing an on-line homework task. The homework task and the results of the on-line quiz will inform the learning activities in the face-to-face enquiry based learning class, in which the students will apply their learning to solving problems
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)

03. Develop and justify a budget for a business or project

Activities:
Each week students will be required to engage with approximately one-hour of on-line learning activities, which include webinars and video interviews. The learning developed through these activities will then be formatively assessed via an on-line quiz, prior to the student completing an on-line homework task. The homework task and the results of the on-line quiz will inform the learning activities in the face-to-face enquiry based learning class, in which the students will apply their learning to solving problems
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)

04. Evaluate alternative sources of funding for a business or project

Activities:
Each week students will be required to engage with approximately one-hour of on-line learning activities, which include webinars and video interviews. The learning developed through these activities will then be formatively assessed via an on-line quiz, prior to the student completing an on-line homework task. The homework task and the results of the on-line quiz will inform the learning activities in the face-to-face enquiry based learning class, in which the students will apply their learning to solving problems
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)

05. Explain and apply the concept of 'time value of money' to calculating present and future values of an investment project

Activities:
Each week students will be required to engage with approximately one-hour of on-line learning activities, which include webinars and video interviews. The learning developed through these activities will then be formatively assessed via an on-line quiz, prior to the student completing an on-line homework task. The homework task and the results of the on-line quiz will inform the learning activities in the face-to-face enquiry based learning class, in which the students will apply their learning to solving problems
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)

06. An ability to use personal, interpersonal and team work skills to enhance the process of collaborative learning

Activities:
A process of collaborative learning is motivated by an assessment task in which students work in teams to teach each other through solving the tutorial problems. The students teamwork grade will be based on their success in teaching each other as reflected in the extent to which the students can score an average mark in the final exam greater than that scored in a similar quiz early in the semester.
Related graduate capabilities and elements:
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)

07. Identify and discuss your own values framework and demonstrate an appreciation of the values framework of others, including those of professional groups, as reflected in professional codes of conduct

Activities:
Each week students will be required to engage with approximately one-hour of on-line learning activities, which include webinars and video interviews. The learning developed through these activities will then be formatively assessed via an on-line quiz, prior to the student completing an on-line homework task. The homework task and the results of the on-line quiz will inform the learning activities in the face-to-face enquiry based learning class, in which the students will apply their learning to solving problems
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)
Personal and Professional Skills (Teamwork including leadership and working in groups,Autonomy and independence,Ethical behaviour,Adaptability Skills)

08. Measure and evaluate the cost of capital of a business or project.

Activities:
Each week students will be required to engage with approximately one-hour of on-line learning activities, which include webinars and video interviews. The learning developed through these activities will then be formatively assessed via an on-line quiz, prior to the student completing an on-line homework task. The homework task and the results of the on-line quiz will inform the learning activities in the face-to-face enquiry based learning class, in which the students will apply their learning to solving problems
Related graduate capabilities and elements:
Inquiry and Analytical Skills (Critical Thinking)

Subject options

Select to view your study options…

Start date between: and    Key dates

Albury-Wodonga, 2016, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorNicholas Pawsey

Class requirements

Evidence Based Learning Week: 10 - 22
One 2.0 hours evidence based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

Bendigo, 2016, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorEarl Jobling

Class requirements

Evidence Based Learning Week: 10 - 22
One 2.0 hours evidence based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

China, 2016, Week 37-52, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 37 - 52
One 2.0 hours evidence based learning per week on weekdays during the day from week 37 to week 52 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

China, 2016, Week 08-23, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 08 - 23
One 2.0 hours evidence based learning per week on weekdays during the day from week 08 to week 23 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

China, 2016, Week 28-31, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 28 - 31
One 2.0 hours evidence based learning per week on weekdays during the day from week 28 to week 31 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

China, 2016, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 10 - 22
One 2.0 hours evidence based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

China, 2016, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 31 - 43
One 2.0 hours evidence based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

Melbourne, 2016, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 10 - 22
One 2.0 hours evidence based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

Melbourne, 2016, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 31 - 43
One 2.0 hours evidence based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

Mildura, 2016, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJeremy Seward

Class requirements

Evidence Based Learning Week: 10 - 22
One 2.0 hours evidence based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

Shepparton, 2016, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSusan Nalder

Class requirements

Evidence Based Learning Week: 10 - 22
One 2.0 hours evidence based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

Sydney, 2016, Study Period 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 10 - 22
One 2.0 hours evidence based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

Sydney, 2016, Study Period 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 31 - 42
One 2.0 hours evidence based learning per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

Sydney, 2016, Study Period 3, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning
One 2.0 hours evidence based learning per week on weekdays during the day and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

Vietnam, 2016, Semester 1, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 10 - 22
One 2.0 hours evidence based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08

Vietnam, 2016, Semester 2, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Evidence Based Learning Week: 31 - 43
One 2.0 hours evidence based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Ten of twelve 10-question on-line quizzesCompleted prior to class each week.10 01, 02, 03, 04, 05, 08
Final Examination (1.5 hours)50 01, 02, 03, 04, 05, 07, 08
Teamwork gradeGroups consist of 4-5 students.10 06
One 30-question multiple choice quizThis includes the Numeracy Diagnostic. No calculators allowed.10 05
One 2,000-word Valuation AssignmentGroups consist of 4-5 students.20 01, 02, 03, 05, 06, 08