Accounting Systems and Processes

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Abstract

This subject introduces students to the accounting discipline in an integrated manner dealing with financial accounting and developing and applying critical thinking, information technology and communication skills. The subject provides the basis for an iterative and spiral approach to accounting, exposing students to areas of accounting including accounting as an … For more content click the Read More button below.

This subject introduces students to the accounting discipline in an integrated manner dealing with financial accounting and developing and applying critical thinking, information technology and communication skills. The subject provides the basis for an iterative and spiral approach to accounting, exposing students to areas of accounting including accounting as an information system, ethics, business communication and report writing, computer applications, the accounting cycle, financial reports and the fundamentals of management accounting.

Syllabus

Accounting and the business environment, types of business organisations, development of accounting thought, the Australian accounting profession, ethics and accounting;Concepts and principles, ethics, business transactions, financial reports, computers and e-accounting; Merchandising operations, accounting for inventory, business communication, spreadsheet design, accounting software, adjusting entries, worksheets;Inventory costing methods, inventory flow assumptions;Internal control, … For more content click the Read More button below.

Accounting and the business environment, types of business organisations, development of accounting thought, the Australian accounting profession, ethics and accounting;
Concepts and principles, ethics, business transactions, financial reports, computers and e-accounting;
Merchandising operations, accounting for inventory, business communication, spreadsheet design, accounting software, adjusting entries, worksheets;
Inventory costing methods, inventory flow assumptions;
Internal control, and cash, business reports;
Receivables, accounting for uncollectibles, credit and debit card transactions, notes receivable, using accounting information for decision making, financial ratios;
Critical thinking, rational debate and common fallacies and their impact or business reports;
Plant and intangible assets;
An introduction to International Financial Reporting Standards;
Fundamentals of management accounting, management accounting vs financial accounting.

Enrolment restrictions

Postgraduate students only.

Incompatible