bus1afb principles of accounting and finance
PRINCIPLES OF ACCOUNTING AND FINANCE
BUS1AFB
2020
Credit points: 15
Subject outline
This subject is designed to introduce undergraduate business students from all disciplines to the nature of accounting and finance and their role in business. Accounting covers the recording of financial transactions and reporting on the financial health and performance of an individual or business. Finance is concerned with raising the funds required to acquire the assets of a business as well as managing the expenditure and investment of these funds. In this subject, you will learn the ethical requirements underpinning financial statements, how to compile and interpret financial statements and understand sources of financing. Additionally, you will understand a budget and its importance to the business as well as the information required to make strategic planning and pricing decisions all from a non-accountant and non-finance user's perspective.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorKate Ashman
Available to Study Abroad/Exchange StudentsYes
Subject year levelYear Level 1 - UG
Available as ElectiveYes
Learning ActivitiesN/A
Capstone subjectNo
Subject particulars
Subject rules
PrerequisitesN/A
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Quota Management StrategyN/A
Quota-conditions or rulesN/A
Special conditionsN/A
Minimum credit point requirementN/A
Assumed knowledgeN/A
Learning resources
Accounting: Business Reporting for Decision Making
Resource TypeBook
Resource RequirementPrescribed
AuthorJacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
YearN/A
Edition/Volume7th Edition
PublisherWiley
ISBN9780730369325
Chapter/article titleN/A
Chapter/issueN/A
URLN/A
Other descriptionN/A
Source locationN/A
Career Ready
Career-focusedNo
Work-based learningNo
Self sourced or Uni sourcedN/A
Entire subject or partial subjectN/A
Total hours/days requiredN/A
Location of WBL activity (region)N/A
WBL addtional requirementsN/A
Graduate capabilities & intended learning outcomes
Graduate Capabilities
Intended Learning Outcomes
Subject options
Select to view your study options…
Albury-Wodonga, 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
LectureWeek: 10 - 22
One 1.00 hour lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
This compulsory lecture is in addition to regular classes and is designed to introduce students to the key concepts 1 week prior to their completion during the workshop. It is essential students attend this lecture to prepare themselves for the following weeks workshop.
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Bendigo, 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
LectureWeek: 10 - 22
One 1.00 hour lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
This compulsory lecture is in addition to regular classes and is designed to introduce students to the key concepts 1 week prior to their completion during the workshop. It is essential students attend this lecture to prepare themselves for the following weeks workshop.
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Melbourne (Bundoora), 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Mai
Class requirements
LectureWeek: 10 - 22
One 1.00 hour lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
This compulsory lecture is in addition to regular classes and is designed to introduce students to the key concepts 1 week prior to their completion during the workshop. It is essential students attend this lecture to prepare themselves for the following weeks workshop.
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
China (Si Chuan Uni), 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Mildura, 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorJeremy Seward
Class requirements
LectureWeek: 10 - 22
One 1.00 hour lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
This compulsory lecture is in addition to regular classes and is designed to introduce students to the key concepts 1 week prior to their completion during the workshop. It is essential students attend this lecture to prepare themselves for the following weeks workshop.
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Shepparton, 2020, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
LectureWeek: 10 - 22
One 1.00 hour lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
This compulsory lecture is in addition to regular classes and is designed to introduce students to the key concepts 1 week prior to their completion during the workshop. It is essential students attend this lecture to prepare themselves for the following weeks workshop.
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Vietnam (Hanoi University), 2020, Semester 1, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Melbourne (Bundoora), 2020, Semester 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Mai
Class requirements
LectureWeek: 31 - 42
One 1.00 hour lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
This compulsory lecture is in addition to regular classes and is designed to introduce students to the key concepts 1 week prior to their completion during the workshop. It is essential students attend this lecture to prepare themselves for the following weeks workshop.
Problem Based LearningWeek: 31 - 43
One 2.00 hours problem based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
China (Si Chuan Uni), 2020, Semester 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
Problem Based LearningWeek: 31 - 43
One 2.00 hours problem based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Vietnam (Hanoi University), 2020, Semester 2, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
Problem Based LearningWeek: 31 - 43
One 2.00 hours problem based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Melbourne (Bundoora), 2020, LTU Term 4, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Mai
Class requirements
LectureWeek: 30 - 35
Two 1.00 hour lecture per week on weekdays during the day from week 30 to week 35 and delivered via face-to-face.
This compulsory lecture is in addition to regular classes and is designed to introduce students to the key concepts 1 week prior to their completion during the workshop. It is essential students attend this lecture to prepare themselves for the following weeks workshop.
Problem Based LearningWeek: 30 - 35
Two 2.00 hours problem based learning per week on weekdays during the day from week 30 to week 35 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Melbourne (Bundoora), 2020, LTU Term 6, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Mai
Class requirements
LectureWeek: 45 - 50
Two 1.00 hour lecture per week on weekdays during the day from week 45 to week 50 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Problem Based LearningWeek: 45 - 50
Two 2.00 hours problem based learning per week on weekdays during the day from week 45 to week 50 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Sydney, 2020, Study period 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
Problem Based LearningWeek: 10 - 22
One 2.00 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
Sydney, 2020, Study period 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
Problem Based LearningWeek: 31 - 42
One 2.00 hours problem based learning per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
China (ECNU), 2020, Week 28-31, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
Problem Based LearningWeek: 28 - 31
One 2.00 hours problem based learning per week on weekdays during the day from week 28 to week 31 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |
China (ECNU), 2020, Week 37-52, Blended
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorKate Ashman
Class requirements
Problem Based LearningWeek: 37 - 52
One 2.00 hours problem based learning per week on weekdays during the day from week 37 to week 52 and delivered via face-to-face.
In addition to the lecture and workshop, students are expected to undertake between 1 hour and 3 hours of learning activities each week prior to class.
Assessments
| Assessment element | Category | Contribution | Hurdle | % | ILO* |
|---|---|---|---|---|---|
| 5 On-line Quizzes 300 words equivalent | N/A | N/A | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 1 1,000 words equivalent | N/A | N/A | No | 15 | SILO1, SILO2, SILO3 |
| 2-hour Final Examination 2,000 words equivalent | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
| Individual Assignment 2 1,000 words equivalent | N/A | N/A | No | 15 | SILO4, SILO5, SILO6 |