BUSN20026 - Accounting for Business Decisions

General Information

Unit Synopsis

This unit provides you with a fundamental understanding of the concepts and practices of accounting across all aspects of business operations. In this process, you will be exposed to practices of how accounting information is used by managers to plan and control business operations and support strategic decision-making. A systematic process of financial information gathering, analysis and reporting is important to sound business decision-making. You will apply theoretical principles of accounting to real world practices. This involves analysing accounting information for decision support, historical operations, and planning future business activity. A mix of financial and management accounting is provided. Financial accounting produces basic financial statements to analyse the underpinning concepts and procedures of producing accounts. In contrast, management accounting topics are concerned with controlling cost and profit planning to enable the use and application of financial information. These support management decision-making to ensure routine and non-routine business accountability. Accounting terms and practices will be acquired to permit standardised financial and non-financial information to be clearly communicated to relevant stakeholders. You will understand accounting practices within ethical, professional, organisational, and social contexts.


Level Postgraduate
Unit Level Not Applicable
Credit Points 6
Student Contribution Band 3
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites There are no pre-requisites for the unit.

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Class Timetable View Unit Timetable
Residential School No Residential School

Be Different Intakes

Note: BeDifferent Units are available to study all year round
Open January - 2020
Open February - 2020
Open March - 2020
Open April - 2020
Open May - 2020
Open June - 2020
Open July - 2020
Open August - 2020
Open September - 2020
Open October - 2020
Open November - 2020
Open December - 2020
Assessment Overview

Recommended Student Time Commitment

Each 6-credit Postgraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Assessment Tasks

Assessment Task Weighting
1. Case Study 50%
2. Online Quiz(zes) 25%
3. Online Test 25%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).

Consult the University’s Grades and Results Policy for more details of interim results and final grades

Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Employ critical thinking skills to analyse the effects of differing accounting methods on financial data
  2. Apply theoretical and technical accounting knowledge in the decision making process in accordance with generally accepted accounting principles in financial reporting and analysis
  3. Explore ethical issues associated with the financial reporting process, such as; fraud and earnings management
  4. Use accounting terminology to clearly communicate financial and non-financial information to stakeholders


Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4
1 - Case Study
2 - Online Quiz(zes)
3 - Online Test
Alignment of Graduate Attributes to Learning Outcomes
Advanced Level
Professional Level
Graduate Attributes Learning Outcomes
1 2 3 4
1 - Knowledge
2 - Communication
3 - Cognitive, technical and creative skills
6 - Ethical and Professional Responsibility
Alignment of Assessment Tasks to Graduate Attributes
Advanced Level
Professional Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7
2 - Online Quiz(zes)
3 - Online Test
1 - Case Study