BUS1AFX
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-ordinatorMalliga Marimuthu
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
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Accounting and Finance for Business | Recommended | Compiled by La Trobe Business School (2016) | Cengage |
| Readings | Accounting and Finance Fundamentals Learner Resource | Prescribed | Didasko Digital, 2017 | Didasko 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…
Online, 2018, Study Block 2, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorGreg Jamieson
Class requirements
Unscheduled Online ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 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 ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 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 ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 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 ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 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 ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 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 ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 01, 02, 03, 04, 05 |
Online, 2018, Study Block 8, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMalliga Marimuthu
Class requirements
Unscheduled Online ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 01, 02, 03, 04, 05 |
Online, 2018, Study Block 9, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMalliga Marimuthu
Class requirements
Unscheduled Online ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 01, 02, 03, 04, 05 |
Online, 2018, Study Block 10, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMalliga Marimuthu
Class requirements
Unscheduled Online ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 01, 02, 03, 04, 05 |
Online, 2018, Study Block 11, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMalliga Marimuthu
Class requirements
Unscheduled Online ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 01, 02, 03, 04, 05 |
Online, 2018, Study Block 12, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMalliga Marimuthu
Class requirements
Unscheduled Online ClassWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 01, 02, 03, 04, 05 |
Online, 2018, Study Block 1, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorGreg Jamieson
Class requirements
Unscheduled Online ClassWeek: 02 - 13
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 02 to week 13 and delivered via online.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including multiple choice quizzes | This will comprise a range of small online homework activities equivalent to 1,000-words | 20 | 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 Report | To be submitted via Turnitin in the LMS link provided | 20 | 01, 02, 03, 04, 05 |
| 2,000-word Case Study | This assessment will report on the Graduate Capability of Quantitative Literacy | 40 | 01, 02, 03, 04, 05 |