MAA103 - Accounting for Decision Making
Unit details
| Year: | 2022 unit information |
|---|---|
| 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 2: Lawrence Huang Trimester 3: Egor Evdokimov |
| 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 you how to use accounting information to make appropriate business decisions. You will learn to apply the fundamental concepts of double-entry accounting to record transactions, prepare financial reports, and to analyse and interpret their meaning. You will 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 | Explain the following in relation to financial accounting: a) The role and purpose of accounting, accounting processes and systems across different business structures b) The purpose of financial statements c) The role and purpose of accounting standards d) The regulatory environment for financial reporting | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Critically apply the principles and concepts underlying accounting (including the Conceptual Framework for Financial Reporting) to record different business transactions leading to the preparation of financial statements | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Describe, critically analyse, and conduct cost-volume-profit analysis and budgeting in the context of operating a business | GLO1: Discipline-specific knowledge and capabilities |
| ULO4 | Calculate, analyse, and critically interpret financial ratios | GLO1: Discipline-specific knowledge and capabilities |
| ULO5 | Develop or use spreadsheets to record transactions and prepare reports | GLO3: Digital literacy |
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) Case Study: journals and ledgers | Excel spreadsheet | 15% | Week 6 |
| Assessment 2: (Individual) Case Study: adjusting entries and financial statements | Excel spreadsheet | 10% | Week 8 |
| Assessment 3: (Individual/Group of 3) Case study: Excel spreadsheet with written report | 800 words | 15% | Week 10 |
| Online Examination (Open book) | 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.
Hurdle requirement
Nil
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
Click on the fee link below which describes you: