ACCOUNTING AND FINANCE FUNDAMENTALS

BUS1AFX

2020

Credit points: 15

Subject outline

Finance is concerned with raising the funds required to acquire the assets of an individual or business and managing the expenditure and investment of these funds. Accounting defines the recording of such financial transactions and reporting on the financial health and performance of an individual or business. In this subject, you will learn how to apply simple maths 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.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Suzanne Young

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 1 - UG

Available as Elective: No

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: Student must be enrolled in one of the following courses: LBAB, LBABM, LBABK, LDAB, LAAB

Co-requisites: N/A

Incompatible subjects: BUS1AFB

Equivalent subjects: N/A

Quota Management Strategy: N/A

Quota-conditions or rules: N/A

Special conditions: N/A

Minimum credit point requirement: N/A

Assumed knowledge: N/A

Learning resources

Accounting and Finance Fundamentals Learner Resource

Resource Type: Book

Resource Requirement: Prescribed

Author: Didasko Digital

Year: 2018

Edition/Volume: N/A

Publisher: Didasko Group

ISBN: N/A

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Accounting and Finance for Business

Resource Type: Book

Resource Requirement: Recommended

Author: Compiled by La Trobe Business School

Year: 2016

Edition/Volume: 2nd edition

Publisher: Cengage

ISBN: 0170381420, 9780170381420

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Career Ready

Career-focused: No

Work-based learning: No

Self sourced or Uni sourced: N/A

Entire subject or partial subject: N/A

Total hours/days required: N/A

Location of WBL activity (region): N/A

WBL addtional requirements: N/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

INQUIRY AND ANALYSIS - Creativity and Innovation
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry
PERSONAL AND PROFESSIONAL - Adaptability and Self-Management

Intended Learning Outcomes

01. Analyse and interpret accounting and financial information as it applies to a range of organisational contexts.
02. Explain and apply the concept of time value of money to calculating present and future values of an investment project.
03. Research, plan and write a valuation and/or appraisal of an investment.
04. Engage with digital technologies, including Excel spreadsheets to compute and present accounting and financial information.
05. Apply basic math to solve accounting and financing business problems

Online (Didasko), 2020, Study block 1, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Suzanne Young

Class requirements

Unscheduled Online ClassWeek: 2 - 13
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 2 to week 13 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Best 8 of 10 On-line Quizzes500 words equivalent

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4, SILO5

1,000-word Assignment

N/AN/AN/ANo20SILO1, SILO4

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

N/AN/AN/ANo50SILO1, SILO3, SILO5

1-hour Mid-Semester Review Quiz1,000 words equivalent

N/AN/AN/ANo10SILO1, SILO2, SILO4

Online (Didasko), 2020, Study block 10, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Suzanne Young

Class requirements

Unscheduled Online ClassWeek: 41 - 52
One 3.00 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 elementCommentsCategoryContributionHurdle%ILO*

Best 8 of 10 On-line Quizzes500 words equivalent

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4, SILO5

1,000-word Assignment

N/AN/AN/ANo20SILO1, SILO4

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

N/AN/AN/ANo50SILO1, SILO3, SILO5

1-hour Mid-Semester Review Quiz1,000 words equivalent

N/AN/AN/ANo10SILO1, SILO2, SILO4

Online (Didasko), 2020, Study block 4, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Suzanne Young

Class requirements

Unscheduled Online ClassWeek: 15 - 26
One 3.00 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 elementCommentsCategoryContributionHurdle%ILO*

Best 8 of 10 On-line Quizzes500 words equivalent

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4, SILO5

1,000-word Assignment

N/AN/AN/ANo20SILO1, SILO4

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

N/AN/AN/ANo50SILO1, SILO3, SILO5

1-hour Mid-Semester Review Quiz1,000 words equivalent

N/AN/AN/ANo10SILO1, SILO2, SILO4

Online (Didasko), 2020, Study block 5, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Suzanne Young

Class requirements

Unscheduled Online ClassWeek: 19 - 30
One 3.00 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 elementCommentsCategoryContributionHurdle%ILO*

Best 8 of 10 On-line Quizzes500 words equivalent

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4, SILO5

1,000-word Assignment

N/AN/AN/ANo20SILO1, SILO4

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

N/AN/AN/ANo50SILO1, SILO3, SILO5

1-hour Mid-Semester Review Quiz1,000 words equivalent

N/AN/AN/ANo10SILO1, SILO2, SILO4

Online (Didasko), 2020, Study block 6, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Suzanne Young

Class requirements

Unscheduled Online ClassWeek: 23 - 34
One 3.00 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 elementCommentsCategoryContributionHurdle%ILO*

Best 8 of 10 On-line Quizzes500 words equivalent

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4, SILO5

1,000-word Assignment

N/AN/AN/ANo20SILO1, SILO4

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

N/AN/AN/ANo50SILO1, SILO3, SILO5

1-hour Mid-Semester Review Quiz1,000 words equivalent

N/AN/AN/ANo10SILO1, SILO2, SILO4

Online (Didasko), 2020, Study block 7, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Suzanne Young

Class requirements

Unscheduled Online ClassWeek: 28 - 39
One 3.00 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 elementCommentsCategoryContributionHurdle%ILO*

Best 8 of 10 On-line Quizzes500 words equivalent

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4, SILO5

1,000-word Assignment

N/AN/AN/ANo20SILO1, SILO4

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

N/AN/AN/ANo50SILO1, SILO3, SILO5

1-hour Mid-Semester Review Quiz1,000 words equivalent

N/AN/AN/ANo10SILO1, SILO2, SILO4

Online (Didasko), 2020, Study block 8, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Suzanne Young

Class requirements

Unscheduled Online ClassWeek: 32 - 43
One 3.00 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 elementCommentsCategoryContributionHurdle%ILO*

Best 8 of 10 On-line Quizzes500 words equivalent

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4, SILO5

1,000-word Assignment

N/AN/AN/ANo20SILO1, SILO4

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

N/AN/AN/ANo50SILO1, SILO3, SILO5

1-hour Mid-Semester Review Quiz1,000 words equivalent

N/AN/AN/ANo10SILO1, SILO2, SILO4

Online (Didasko), 2020, Study block 9, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Suzanne Young

Class requirements

Unscheduled Online ClassWeek: 37 - 48
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 37 to week 48 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Best 8 of 10 On-line Quizzes500 words equivalent

N/AN/AN/ANo20SILO1, SILO2, SILO3, SILO4, SILO5

1,000-word Assignment

N/AN/AN/ANo20SILO1, SILO4

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

N/AN/AN/ANo50SILO1, SILO3, SILO5

1-hour Mid-Semester Review Quiz1,000 words equivalent

N/AN/AN/ANo10SILO1, SILO2, SILO4