ACCOUNTING FOR MANAGEMENT DECISIONS
ACC1AMD
2019
Credit points: 15
Subject outline
This subject aims to provide you with a broad introduction to the study of accounting and the role of accounting information in organisational decision-making and accountability. It provides you with an understanding of accounting concepts and processes that are fundamental to the preparation and use of standard accounting information. It also develops your 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.
School: La Trobe Business School
Credit points: 15
Subject Co-ordinator: Kate Ashman
Available to Study Abroad Students: Yes
Subject year level: Year Level 1 - UG
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: N/A
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: N/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, 6th Edition, 2019 | John Wiley & Sons Australia |
Graduate capabilities & intended learning outcomes
01. Explain the role of accounting information in organisational decision-making and accountability.
- Activities:
- Students will prepare answers to pre-workshop questions and students will consolidate and expand this knowledge during the workshops. The assessment tasks review the theory components and the practical application of the theory utilising an aligned curriculum approach to learning.
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Creative Problem-solving)
02. Explain and discuss the ethical, professional, organisational, and social contexts within which accounting is practiced.
- Activities:
- Students will prepare answers to pre-workshop questions and students will consolidate and expand this knowledge during the workshops. The assessment tasks review the theory components and the practical application of the theory utilising an aligned curriculum approach to learning.
- Related graduate capabilities and elements:
- Personal and Professional Skills(Ethical behaviour)
03. Describe the idea of sustainability and how it relates to accounting.
- Activities:
- Students will prepare answers to pre-workshop questions and students will consolidate and expand this knowledge during the workshops. The assessment tasks review the theory components and the practical application of the theory utilising an aligned curriculum approach to learning.
- Related graduate capabilities and elements:
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
04. Record straightforward business transactions in an accounting system.
- Activities:
- Students will prepare answers to pre-workshop questions and students will consolidate and expand this knowledge during the workshops. The assessment tasks review the theory components and the practical application of the theory utilising an aligned curriculum approach to learning.
- Related graduate capabilities and elements:
- 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:
- Students will prepare answers to pre-workshop questions and students will consolidate and expand this knowledge during the workshops. The assessment tasks review the theory components and the practical application of the theory utilising an aligned curriculum approach to learning.
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Creative Problem-solving)
06. Explain and critique some of the accounting conventions underlying the production of accounts.
- Activities:
- Students will prepare answers to pre-workshop questions and students will consolidate and expand this knowledge during the workshops. The assessment tasks review the theory components and the practical application of the theory utilising an aligned curriculum approach to learning.
- Related graduate capabilities and elements:
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
Albury-Wodonga, 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
Bendigo, 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
China (ECNU), 2019, Week 08-23, Blended
Overview
Online enrolment: No
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 08 - 23
One 2.0 hours workshop per week on weekdays during the day from week 08 to week 23 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
China (SiChuanUni), 2019, Semester 2, Blended
Overview
Online enrolment: No
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
China (SiChuanUni), 2019, Semester 1, Blended
Overview
Online enrolment: No
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
Melbourne, 2019, Semester 2, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
Melbourne, 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
Melbourne, 2019, Summer 2, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 02 - 07
Two 2.0 hours workshop per week on weekdays during the day from week 02 to week 07 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Online quizzes (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
Mildura, 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
Shepparton, 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
Sydney, 2019, Study Period 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
Sydney, 2019, Study Period 2, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 31 - 42
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 42 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
Sydney, 2019, Study Period 3, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Balachandran Muniandy
Class requirements
WorkShop
One 2.0 hours workshop per week on weekdays during the day 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |
Vietnam (Hanoi University), 2019, Semester 1, Blended
Overview
Online enrolment: No
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Kate Ashman
Class requirements
WorkShopWeek: 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 (equivalent to 500 words) | Online assessment. 5 online quizzes. | 20 | 01, 02, 04, 05, 06 |
| Individual assignment (equivalent to 1,000 words) | Individual written assessment including procedural accounting work or calculations. | 20 | 01, 02, 03, 04, 05, 06 |
| One 3-hour final examination (equivalent to 3,000 words) | This assessment will report on the Graduate Capability of Discipline-Specific Knowledge and Skills. | 60 | 01, 02, 03, 04, 05, 06 |