INTRODUCTION TO ACCOUNTING AND FINANCE

BUS5IAF

2021

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.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorLachlan McDonald-Kerr

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 5 - Masters

Available as ElectiveNo

Learning ActivitiesOnline lessons relevant to the topic, online quizzes, essay, home study, reading, weekly seminars

Capstone subjectNo

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

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

Equivalent subjectsBUS5AFS

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/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

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.

Subject options

Select to view your study options…

Start date between: and    Key dates

Bendigo, 2021, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorLachlan McDonald-Kerr

Class requirements

SeminarWeek: 14 - 22
One 2.00 h 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 h 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 elementCommentsCategoryContributionHurdle% ILO*

Online and/or in-class assessment tasks Equivalent to 500 words

N/AAssignmentIndividualNo10 SILO1, 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/ACentral examIndividualYes50 SILO1, SILO2, SILO3, SILO4, SILO5

Individual assignment Equivalent to 2,000 words

N/AAssignmentIndividualNo30 SILO2, SILO3, SILO4

1-hour Mid-Semester Exam Equivalent to 1,000 words

N/ACentral examIndividualNo10 SILO1, SILO2

Melbourne (Bundoora), 2021, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorLachlan McDonald-Kerr

Class requirements

SeminarWeek: 10 - 22
One 2.00 h 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 h 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 elementCommentsCategoryContributionHurdle% ILO*

Online and/or in-class assessment tasks Equivalent to 500 words

N/AAssignmentIndividualNo10 SILO1, 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/ACentral examIndividualYes50 SILO1, SILO2, SILO3, SILO4, SILO5

Individual assignment Equivalent to 2,000 words

N/AAssignmentIndividualNo30 SILO2, SILO3, SILO4

1-hour Mid-Semester Exam Equivalent to 1,000 words

N/ACentral examIndividualNo10 SILO1, SILO2

City Campus, 2021, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorLachlan McDonald-Kerr

Class requirements

SeminarWeek: 10 - 22
One 2.00 h 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 h 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 elementCommentsCategoryContributionHurdle% ILO*

Online and/or in-class assessment tasks Equivalent to 500 words

N/AAssignmentIndividualNo10 SILO1, 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/ACentral examIndividualYes50 SILO1, SILO2, SILO3, SILO4, SILO5

Individual assignment Equivalent to 2,000 words

N/AAssignmentIndividualNo30 SILO2, SILO3, SILO4

1-hour Mid-Semester Exam Equivalent to 1,000 words

N/ACentral examIndividualNo10 SILO1, SILO2

Sydney, 2021, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorTony Martin

Class requirements

SeminarWeek: 10 - 22
One 2.00 h 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 h 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 elementCommentsCategoryContributionHurdle% ILO*

Online and/or in-class assessment tasks Equivalent to 500 words

N/AAssignmentIndividualNo10 SILO1, 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/ACentral examIndividualYes50 SILO1, SILO2, SILO3, SILO4, SILO5

Individual assignment Equivalent to 2,000 words

N/AAssignmentIndividualNo30 SILO2, SILO3, SILO4

1-hour Mid-Semester Exam Equivalent to 1,000 words

N/ACentral examIndividualNo10 SILO1, SILO2

Melbourne (Bundoora), 2021, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorMichael Li

Class requirements

SeminarWeek: 30 - 42
One 2.00 h seminar per week on weekdays during the day from week 30 to week 42 and delivered via face-to-face.
Some seminars will be scheduled in the evening.

Unscheduled Online ClassWeek: 35 - 42
One 2.00 h unscheduled online class per week on any day including weekend during the day from week 35 to week 42 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

Online and/or in-class assessment tasks Equivalent to 500 words

N/AAssignmentIndividualNo10 SILO1, 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/ACentral examIndividualYes50 SILO1, SILO2, SILO3, SILO4, SILO5

Individual assignment Equivalent to 2,000 words

N/AAssignmentIndividualNo30 SILO2, SILO3, SILO4

1-hour Mid-Semester Exam Equivalent to 1,000 words

N/ACentral examIndividualNo10 SILO1, SILO2

City Campus, 2021, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorLachlan McDonald-Kerr

Class requirements

SeminarWeek: 30 - 42
One 2.00 h seminar per week on weekdays during the day from week 30 to week 42 and delivered via face-to-face.
Some seminars may be scheduled in the evening.

Unscheduled Online ClassWeek: 30 - 42
One 2.00 h unscheduled online class per week on any day including weekend during the day from week 30 to week 42 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

Online and/or in-class assessment tasks Equivalent to 500 words

N/AAssignmentIndividualNo10 SILO1, 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/ACentral examIndividualYes50 SILO1, SILO2, SILO3, SILO4, SILO5

Individual assignment Equivalent to 2,000 words

N/AAssignmentIndividualNo30 SILO2, SILO3, SILO4

1-hour Mid-Semester Exam Equivalent to 1,000 words

N/ACentral examIndividualNo10 SILO1, SILO2

Sydney, 2021, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorTony Martin

Class requirements

SeminarWeek: 30 - 42
One 2.00 h seminar per week on weekdays during the day from week 30 to week 42 and delivered via face-to-face.

Unscheduled Online ClassWeek: 30 - 42
One 2.00 h unscheduled online class per week on any day including weekend during the day from week 30 to week 42 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

Online and/or in-class assessment tasks Equivalent to 500 words

N/AAssignmentIndividualNo10 SILO1, 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/ACentral examIndividualYes50 SILO1, SILO2, SILO3, SILO4, SILO5

Individual assignment Equivalent to 2,000 words

N/AAssignmentIndividualNo30 SILO2, SILO3, SILO4

1-hour Mid-Semester Exam Equivalent to 1,000 words

N/ACentral examIndividualNo10 SILO1, SILO2

On-Line, 2021, LTU Term 4, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorSafi Safiullah

Class requirements

Unscheduled Online ClassWeek: 30 - 35
One 8.00 h 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 elementCommentsCategoryContributionHurdle% ILO*

Online multiple choice quizzes Equivalent to 1000 words

N/AQuizzesIndividualNo20 SILO1, SILO2, SILO3, SILO4, SILO5

Individual Assignment 1 Equivalent to 500 words

N/AAssignmentIndividualNo10 SILO1

Individual Assignment 2 The assignment consists of multiple components. Each component of assessment builds on the prior component.

N/AAssignmentIndividualNo70 SILO2, SILO3, SILO4, SILO5

Melbourne (Bundoora), 2021, Summer, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorLachlan McDonald-Kerr

Class requirements

SeminarWeek: 45 - 0
One 2.00 h seminar per week on weekdays during the day from week 45 to week 0 and delivered via face-to-face.
Some seminars will be scheduled in the evening.

Unscheduled Online ClassWeek: 46 - 0
One 2.00 h unscheduled online class per week on any day including weekend during the day from week 46 to week 0 and delivered via online.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

Online and/or in-class assessment tasks Equivalent to 500 words

N/AAssignmentIndividualNo10 SILO1, 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/ACentral examIndividualYes50 SILO1, SILO2, SILO3, SILO4, SILO5

Individual assignment Equivalent to 2,000 words

N/AAssignmentIndividualNo30 SILO2, SILO3, SILO4

1-hour Mid-Semester Exam Equivalent to 1,000 words

N/ACentral examIndividualNo10 SILO1, SILO2

City Campus, 2021, Summer, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorLachlan McDonald-Kerr

Class requirements

SeminarWeek: 46 - 0
One 2.00 h seminar per week on weekdays during the day from week 46 to week 0 and delivered via face-to-face.
Some seminars may be scheduled in the evening.

Unscheduled Online ClassWeek: 45 - 0
One 2.00 h 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 elementCommentsCategoryContributionHurdle% ILO*

Online and/or in-class assessment tasks Equivalent to 500 words

N/AAssignmentIndividualNo10 SILO1, 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/ACentral examIndividualYes50 SILO1, SILO2, SILO3, SILO4, SILO5

Individual assignment Equivalent to 2,000 words

N/AAssignmentIndividualNo30 SILO2, SILO3, SILO4

1-hour Mid-Semester Exam Equivalent to 1,000 words

N/ACentral examIndividualNo10 SILO1, SILO2