ACCOUNTING AND FINANCE FUNDAMENTALS
BUS1AFX
2021
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 users perspective
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorSuzanne Young
Available to Study Abroad/Exchange StudentsYes
Subject year levelYear Level 1 - UG
Available as ElectiveNo
Learning ActivitiesOnline forums, workshops, activities and quizzes, exercises, assessments, discussion forum and interactive enquiry-based learning activities.
Capstone subjectNo
Subject particulars
Subject rules
Prerequisites Student must be enrolled in one of the following courses: LBAB, LBABM, LBABK, LDAB, LAAB, SBAIO, SAAIO, SDAIO
Co-requisitesN/A
Incompatible subjectsBUS1AFB
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 RequirementRecommended
AuthorJacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
Year2019
Edition/Volume7th Edition
PublisherWiley
ISBN9780730369325
Chapter/article titleN/A
Chapter/issueN/A
URLN/A
Other descriptionN/A
Source locationN/A
Finance Essentials
Resource TypeBook
Resource RequirementRecommended
AuthorDavid Kidwell, Mark Brimble, Paul Mazzola, Nigel Morkel-Kingsbury, Jenny James
Year2017
Edition/Volume1st Edition
PublisherWiley
ISBN9780730363385
Chapter/article titleN/A
Chapter/issueN/A
URLN/A
Other descriptionN/A
Source locationN/A
Accounting and Finance Fundamentals Learner Resource
Resource TypeBook
Resource RequirementPrescribed
AuthorDidasko Digital
Year2018
Edition/VolumeN/A
PublisherDidasko Group
ISBNN/A
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…
Online (Didasko), 2021, Study block 10, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne 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 element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |
Online (Didasko), 2021, Study block 11, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne Young
Class requirements
Unscheduled Online ClassWeek: 45 - 0
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 45 to week 0 and delivered via online.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |
Online (Didasko), 2021, Study block 12, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne Young
Class requirements
Unscheduled Online ClassWeek: 50 - 0
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 50 to week 0 and delivered via online.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |
Online (Didasko), 2021, Study block 2, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne Young
Class requirements
Unscheduled Online ClassWeek: 6 - 17
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 6 to week 17 and delivered via online.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |
Online (Didasko), 2021, Study block 3, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne Young
Class requirements
Unscheduled Online ClassWeek: 10 - 21
One 3.00 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 | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |
Online (Didasko), 2021, Study block 4, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne 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 element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |
Online (Didasko), 2021, Study block 5, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne 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 element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |
Online (Didasko), 2021, Study block 6, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne Young
Class requirements
Unscheduled Online ClassWeek: 24 - 35
One 3.00 hours unscheduled online class per week on any day including weekend during the day from week 24 to week 35 and delivered via online.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |
Online (Didasko), 2021, Study block 7, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne 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 element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |
Online (Didasko), 2021, Study block 8, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne 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 element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |
Online (Didasko), 2021, Study block 9, Online
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorSuzanne 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 element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
5 On-line Quizzes 300 words equivalent | Quizzes | Individual | No | 20 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1,000-word Assignment 1000 words equivalent | Assignment | Individual | No | 20 | SILO1, SILO2, SILO6, SILO7 |
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 | Central exam | Individual | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7 |
1-hour Mid-Semester Review Quiz 1,000 words equivalent | Quizzes | Individual | No | 10 | SILO1, SILO2, SILO3, SILO4 |