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.
|Unit Level||Not Applicable|
|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|
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.
|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%).
All University policies are available on the Policy web site, however you may wish to directly view the following policies below.
This list is not an exhaustive list of all University policies. The full list of policies are available on the Policy web site .
On successful completion of this unit, you will be able to:
|Assessment Tasks||Learning Outcomes|
|1 - Case Study||•||•||•|
|2 - Online Quiz(zes)||•|
|3 - Online Test||•||•||•|
|Graduate Attributes||Learning Outcomes|
|1 - Knowledge||•|
|2 - Communication||•|
|3 - Cognitive, technical and creative skills||•|
|6 - Ethical and Professional Responsibility||•|
|Assessment Tasks||Graduate Attributes|
|2 - Online Quiz(zes)||•|
|3 - Online Test||•||•|
|1 - Case Study||•|