ACB1020 · Accounting in business

Overview

This unit introduces accounting as a core business function that enables organisations to coordinate operations and achieve their goals. You will develop foundational knowledge and practical skills to interpret and analyse financial information for strategic planning, performance evaluation, and sustainable decision-making. Through practical learning activities in a collaborative environment, you will explore how accounting informs ethical conduct, social responsibility, sustainability and inclusivity in business. These learning experiences will help you to build the confidence and capability to apply accounting insights across diverse organisational contexts.

Offerings

Assessment

The Handbook lists an examination for this unit.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

Learning outcomes

1. explain the role of accounting in various forms of business organisation and its contribution to effective managerial decision-making
2. apply core financial and management accounting principles in evaluations of financial statements and business performance
3. analyse financial and non-financial information to inform planning, budgeting, and performance management
4. evaluate business decisions and accounting practices in relation to sustainability, ethics, inclusivity, and social and environmental responsibility
5. communicate effectively in teams by collaborating to enhance collective learning and problem-solving.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.