ACCOUNTING FOR MANAGEMENT DECISIONS
ACC1AMD
2017
Credit points: 15
Subject outline
This subject aims to provide undergraduate students with a broad introduction to the study of accounting and the role of accounting information in organisational decision-making and accountability. It provides students with an understanding of accounting concepts and processes that are fundamental to the preparation and use of standard accounting information. It also develops student awareness of the ethical, professional, organisational, and social contexts within which accounting is practiced. Accounting for Management Decisions is a pre-requisite to further study in accounting.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorKate Ashman
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
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Financial Accounting - Reporting, Analysis and Decision Making | Prescribed | S. Carlon, R. McAlpine-Mladenovic, C. Palm, L. Mitrione, N. Kirk and L. Wong, 5th Edition | John Wiley & Sons Australia |
Graduate capabilities & intended learning outcomes
01. Explain the role of accounting information in organisational decision-making and accountability.
- Activities:
- Class preparation, workshops, and assessment tasks
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
- Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
02. Explain and discuss the ethical, professional, organisational, and social contexts within which accounting is practiced.
- Activities:
- Class preparation, workshops, and assessment tasks
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
- Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
03. Describe the idea of sustainability and how it relates to accounting.
- Activities:
- Class preparation, workshops, and assessment tasks
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
- Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
04. Record straightforward business transactions in an accounting system.
- Activities:
- Class preparation, workshops, and assessment tasks
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
05. Produce a set of simple financial accounts from basic transaction and financial data.
- Activities:
- Class preparation, workshops, and assessment tasks
- Related graduate capabilities and elements:
- Literacies and Communication Skills (Writing,Speaking,Quantitative Literacy)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
06. Explain and critique some of the accounting conventions underlying the production of accounts.
- Activities:
- Class preparation, workshops, and assessment tasks
- 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,Inquiry/Research)
- Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)
- Personal and Professional Skills (Teamwork including leadership and working in groups,Ethical behaviour)
- Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)
Subject options
Select to view your study options…
Albury-Wodonga, 2017, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
10
-
22
One 2.0 hours workshop per week
on weekdays
during the day
from week 10 to week 22
and delivered via blended.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
Bendigo, 2017, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
10
-
22
One 2.0 hours workshop per week
on weekdays
during the day
from week 10 to week 22
and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
China, 2017, Semester 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
31
-
43
One 2.0 hours workshop per week
on weekdays
during the day
from week 31 to week 43
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
China, 2017, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
10
-
22
One 2.0 hours workshop other recurrence
on weekdays
during the day
from week 10 to week 22
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
China, 2017, Week 28-31, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
28
-
31
One 2.0 hours workshop other recurrence
on weekdays
during the day
from week 28 to week 31
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
China, 2017, Week 08-23, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
08
-
23
One 2.0 hours workshop other recurrence
on weekdays
during the day
from week 08 to week 23
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
Melbourne, 2017, Semester 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
31
-
43
One 2.0 hours workshop per week
on weekdays
during the day
from week 31 to week 43
and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
Melbourne, 2017, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
10
-
22
One 2.0 hours workshop per week
on weekdays
during the day
from week 10 to week 22
and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
Mildura, 2017, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
10
-
22
One 2.0 hours workshop per week
on weekdays
during the day
from week 10 to week 22
and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
Shepparton, 2017, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
10
-
22
One 2.0 hours workshop per week
on weekdays
during the day
from week 10 to week 22
and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
Sydney, 2017, Study Period 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
10
-
22
One 2.0 hours workshop per day
on weekdays
during the day
from week 10 to week 22
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
Sydney, 2017, Study Period 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
31
-
42
One 2.0 hours workshop per day
on weekdays
during the day
from week 31 to week 42
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
Sydney, 2017, Study Period 3, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
One 2.0 hours workshop per day
on weekdays
during the day
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
Vietnam, 2017, Semester 2, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
31
-
43
One 2.0 hours workshop other recurrence
on weekdays
during the day
from week 31 to week 43
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |
Vietnam, 2017, Semester 1, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKate Ashman
Class requirements
WorkShop
Week:
10
-
22
One 2.0 hours workshop other recurrence
on weekdays
during the day
from week 10 to week 22
and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes - summative (1000 words equivalent) | Online assessment. | 20 | 01, 02, 03, 04, 05, 06 |
| e-Portfolio (group) assignments - written (may include procedural accounting work or calculations) | Group work equivalent to 500 words per student | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination | Hurdle requirement. Students must achieve at least 45% in the final examination as well as an overall total of 50% to pass the subject. This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills | 60 | 01, 02, 03, 04, 05, 06 |