ACCOUNTING AND FINANCE FUNDAMENTALS

BUS1AFX

2019

Credit points: 15

Subject outline

In this subject, you will learn how to apply the maths you learned at secondary school to make financial and investment decisions.  In so doing, you will learn to make sense of accounting and financial information and learn how to use that understanding to solve financial problems of both a personal and business nature.  You will apply accounting and financial concepts to solve problems, in a range of business contexts; to balance the local footy clubs books; to determine whether an event will break even; to manage the working capital of a tourist destination; to estimate the return of an investment; to develop a budget for the business plan you pitch to the board; or to define a savings plan to fund your own retirement.  Working independently, and with your class leader and other students so as to provide you with constant peer support and feedback, you will not only learn the maths, but also the sense, of accounting and finance.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorSuzanne Young

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

Activities:
Financial analysis of the financial accounts of a range of organisations
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)

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

Activities:
Applied online activities
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)

03. Research, plan and write a valuation and/or appraisal of an investment.

Activities:
Valuation of a company listed on the ASX
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Literacies and Communication Skills (Writing,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)
Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)

04. Engage with digital technologies, including Excel spreadsheets to compute and present accounting and financial information.

Activities:
Excel exercises and applied online activities
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)

05. Apply basic math to solve accounting and financing business problems

Activities:
Discussion forum and interactive enquiry based learning activities
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Inquiry and Analytical Skills (Critical Thinking,Inquiry/Research)

Subject options

Select to view your study options…

Start date between: and    Key dates

Online (Didasko), 2019, Study Block 3, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

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*
Numeracy Diagnostic (500 words equivalent)10 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04
1,000-word Assignment20 01, 04
Take Home Examination (2,000 words equivalent)Equivalent to a 2-hour exam, to be completed within 48 hours of being made available on LMS50 01, 03, 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04

Online (Didasko), 2019, Study Block 4, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

Class requirements

Unscheduled Online Class Week: 14 - 25
One 3.0 hours unscheduled online class per week on any day including weekend during the day from week 14 to week 25 and delivered via online.

Assessments

Assessment elementComments% ILO*
Numeracy Diagnostic (500 words equivalent)10 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04
1,000-word Assignment20 01, 04
Take Home Examination (2,000 words equivalent)Equivalent to a 2-hour exam, to be completed within 48 hours of being made available on LMS50 01, 03, 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04

Online (Didasko), 2019, Study Block 8, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

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*
Numeracy Diagnostic (500 words equivalent)10 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04
1,000-word Assignment20 01, 04
Take Home Examination (2,000 words equivalent)Equivalent to a 2-hour exam, to be completed within 48 hours of being made available on LMS50 01, 03, 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04

Online (Didasko), 2019, Study Block 12, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

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*
Numeracy Diagnostic (500 words equivalent)10 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04
1,000-word Assignment20 01, 04
Take Home Examination (2,000 words equivalent)Equivalent to a 2-hour exam, to be completed within 48 hours of being made available on LMS50 01, 03, 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04

Online (Didasko), 2019, Study Block 5, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

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*
Numeracy Diagnostic (500 words equivalent)10 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04
1,000-word Assignment20 01, 04
Take Home Examination (2,000 words equivalent)Equivalent to a 2-hour exam, to be completed within 48 hours of being made available on LMS50 01, 03, 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04

Online (Didasko), 2019, Study Block 9, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

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*
Numeracy Diagnostic (500 words equivalent)10 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04
1,000-word Assignment20 01, 04
Take Home Examination (2,000 words equivalent)Equivalent to a 2-hour exam, to be completed within 48 hours of being made available on LMS50 01, 03, 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04

Online (Didasko), 2019, Study Block 10, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSuzanne Young

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*
Numeracy Diagnostic (500 words equivalent)10 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04
1,000-word Assignment20 01, 04
Take Home Examination (2,000 words equivalent)Equivalent to a 2-hour exam, to be completed within 48 hours of being made available on LMS50 01, 03, 05
Best 4 of 5 On-line Quizzes (500 words equivalent)10 01, 02, 04