INTRODUCTION TO ACCOUNTING AND FINANCE

BUS5IAF

2020

Credit points: 15

Subject outline

In this subject you will be provided with an introduction to key concepts, theories and practical applications associated with accounting and finance in diverse organisational contexts. You will be exposed to content which will cover the nature of the accounting and financial environment and the types of accounting and financial practice and decision-making required from a business perspective.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Lachlan McDonald-Kerr

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 5 - Masters

Exchange Students: No

Available as Elective: No

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: N/A

Co-requisites: N/A

Incompatible subjects: BUS5AFS or enrolment in LMAFM, LMPAC, LMPABA, LMPAIM, LMPASY or LZFAPA

Equivalent subjects: BUS5AFS

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

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

DISCIPLINE KNOWLEDGE AND SKILLS

INQUIRY AND ANALYSIS - Creativity and Innovation

INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving

Intended Learning Outcomes

01. Examine the importance of basic accounting and finance principles.

02. Differentiate the appropriate sources of finance for a firm.

03. Construct, interpret, analyse and communicate information contained in a firms financial statements using appropriate digital and information tools.

04. Value the securities issued by a firm to raise capital, determine the firms cost of capital, and apply appropriate capital investment decision-making techniques to make and justify recommendations.

05. Prepare budgets, manage working capital, and make appropriate pricing and production decisions.

Bendigo, 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Lachlan McDonald-Kerr

Class requirements

SeminarWeek: 14 - 22
One 2.00 hours seminar per week on weekdays during the day from week 14 to week 22 and delivered via face-to-face.

Unscheduled Online ClassWeek: 19 - 22
One 2.00 hours unscheduled online class per week on any day including weekend during the day from week 19 to week 22 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Melbourne (Bundoora), 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Lachlan McDonald-Kerr

Class requirements

SeminarWeek: 10 - 22
One 2.00 hours seminar per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
Some seminars will be scheduled in the evening.

Unscheduled Online ClassWeek: 16 - 22
One 2.00 hours unscheduled online class per week on any day including weekend during the day from week 16 to week 22 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

City Campus, 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Lachlan McDonald-Kerr

Class requirements

SeminarWeek: 10 - 22
One 2.00 hours seminar per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
Some seminars may be scheduled in the evening.

Unscheduled Online ClassWeek: 10 - 22
One 2.00 hours unscheduled online class per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Bendigo, 2020, Semester 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Lachlan McDonald-Kerr

Class requirements

SeminarWeek: 36 - 43
One 2.00 hours seminar per week on weekdays during the day from week 36 to week 43 and delivered via blended.

Unscheduled Online ClassWeek: 31 - 43
One 2.00 hours unscheduled online class per week on any day including weekend during the day from week 31 to week 43 and delivered via blended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Melbourne (Bundoora), 2020, Semester 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Lachlan McDonald-Kerr

Class requirements

SeminarWeek: 31 - 43
One 2.00 hours seminar per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
Some seminars will be scheduled in the evening.

Unscheduled Online ClassWeek: 36 - 43
One 2.00 hours unscheduled online class per week on any day including weekend during the day from week 36 to week 43 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

City Campus, 2020, Semester 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Lachlan McDonald-Kerr

Class requirements

SeminarWeek: 31 - 43
One 2.00 hours seminar per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
Some seminars may be scheduled in the evening.

Unscheduled Online ClassWeek: 31 - 43
One 2.00 hours unscheduled online class per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Melbourne (Bundoora), 2020, LTU Term 4, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Lachlan McDonald-Kerr

Class requirements

SeminarWeek: 30 - 35
Two 2.00 hours seminar per week on weekdays during the day from week 30 to week 35 and delivered via blended.

Unscheduled Online ClassWeek: 30 - 35
Two 2.00 hours unscheduled online class per week on any day including weekend during the day from week 30 to week 35 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

City Campus, 2020, LTU Term 4, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

SeminarWeek: 30 - 35
Two 2.00 hours seminar per week on weekdays during the day from week 30 to week 35 and delivered via blended.

Unscheduled Online ClassWeek: 30 - 35
Two 2.00 hours unscheduled online class per week on any day including weekend during the day from week 30 to week 35 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

On-Line, 2020, LTU Term 4, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

Unscheduled Online ClassWeek: 30 - 35
One 8.00 hours unscheduled online class per week on weekdays during the day from week 30 to week 35 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

Melbourne (Bundoora), 2020, LTU Term 6, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Lachlan McDonald-Kerr

Class requirements

SeminarWeek: 45 - 50
Two 2.00 hours seminar per week on weekdays during the day from week 45 to week 50 and delivered via blended.

City Campus, 2020, LTU Term 6, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

SeminarWeek: 45 - 50
Two 2.00 hours seminar per week on weekdays during the day from week 45 to week 50 and delivered via blended.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

On-Line, 2020, Online study period 2, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

Unscheduled Online ClassWeek: 10 - 16
One 6.00 hours unscheduled online class per week on any day including weekend during the day from week 10 to week 16 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks Equivalent to 500 words	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment Equivalent to 2,000 words	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam Equivalent to 1,000 words	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5

On-Line, 2020, Online study period 6 , Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

Unscheduled Online ClassWeek: 44 - 50
One 8.00 hours unscheduled online class per week on any day including weekend during the day from week 44 to week 50 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online multiple choice quizzes Equivalent to 1000 words	N/A	N/A	N/A	No	20	SILO1, SILO2, SILO3, SILO4, SILO5
Individual Assignment 1 Equivalent to 500 words	N/A	N/A	N/A	No	10	SILO1
Individual Assignment 25 submissions worth 10% each, 1 submission worth 20%. The assignment parts build one on the other.	N/A	N/A	N/A	No	70	SILO2, SILO3, SILO4, SILO5

Sydney, 2020, Study period 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Tony Martin

Class requirements

SeminarWeek: 10 - 22
One 2.00 hours seminar per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Unscheduled Online ClassWeek: 10 - 22
One 2.00 hours unscheduled online class per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Online and/or in-class assessment tasks (500 words)	N/A	N/A	N/A	No	10	SILO2, SILO3, SILO4, SILO5
2-hour Final Examination (Equivalent to 2,000 words) Hurdle requirement: Student must achieve a mark of at least 50% of the marks available on the final examination.	N/A	N/A	N/A	Yes	50	SILO1, SILO2, SILO3, SILO4, SILO5
Individual assignment (2,000 words)	N/A	N/A	N/A	No	30	SILO3, SILO4
1-hour Mid-Semester Exam (1,000 words)	N/A	N/A	N/A	No	10	SILO1, SILO2, SILO3, SILO4, SILO5