MAA103 - Accounting for Decision Making
Unit details
| Year: | 2021 unit information |
|---|---|
| Important Update: | Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester. Thank you for your flexibility and commitment to studying with Deakin in 2021. Last updated: 4 June 2021 |
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online Trimester 2: Burwood (Melbourne), Online Trimester 3: Burwood (Melbourne), Waurn Ponds (Geelong), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 1: Peter Vuong Trimester 3: Egor Evdokimov Trimester 2: Lawrence Huang |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MAAM103 |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| Scheduled learning activities - campus: | 1 x 2 hour class + 1 x 1 hour seminar per week (Burwood (Melbourne), Warrnambool, Waterfront (Geelong) students only) |
| Scheduled learning activities - cloud: | Online independent and collaborative learning including 11 scheduled online workshops of 1 hour duration |
Content
This introductory course teaches students how to use accounting information to make appropriate business decisions. Students will learn to apply the fundamental concepts of double-entry accounting to record transactions, prepare financial reports, and to analyse and interpret their meaning. Students learn to use management accounting budgets and planning techniques, and will consider contemporary issues such as the role of ethics and the use of Integrated Reporting.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Describe the accounting processes and how accounting information can be effectively used for making informed business decisions | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Explain how business transactions are analysed using the ‘accounting equation’ and how the resulting figures can assist in preparing accounting reports | GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking |
| ULO3 | Use visual and other technology such as spreadsheets to communicate researched information | GLO1: Discipline-specific knowledge and capabilities GLO3: Digital literacy |
| ULO4 | Describe and justify the importance and use of cost/volume profit analysis and budgeting in the context of operating a business | GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking |
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
| Assessment 1 (Individual) Double-Entry Recording | 15% | Weeks 5 & 6 | |
| Assessment 2 (Individual) Financial Statements Project | 10% | Weeks 7 & 8 | |
| Assessment 3 (Individual or group of 2-3) Budgeting Case-Study | 15% | Weeks 8, 9 & 10 | |
| Examination | 2-hours | 60% | Exam period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MAA103 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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