bus1afx accounting and finance
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
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. 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…
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 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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 05 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 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 LMS | 50 | 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 ClassWeek: 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 element | Comments | % | 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 Assignment | 20 | 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 LMS | 50 | 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 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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 05 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 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 LMS | 50 | 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 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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 05 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 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 LMS | 50 | 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 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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 05 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 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 LMS | 50 | 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 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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 05 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 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 LMS | 50 | 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 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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 05 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 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 LMS | 50 | 01, 03, 05 |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04 |