Abstract
Accounting 1 introduces students to key accounting information that business managers and accountants use to make decisions and manage a business. Students will develop skills that enable them to analyse and interpret accounting reports and to communicate the results of this analysis to interested parties. The subject focuses on the … For more content click the Read More button below.
Syllabus
The role of accounting;Financial statements and analysing business transactions;Financial statement analysis;Managing the business;Cost-volume-profit (CVP) analysis;Funding the business; andOperating cash.
Learning outcomes
Upon successful completion of this subject, students should:
1.
be able to define the role of accountants and explain how accounting can assist in making decisions;
2.
be able to analyse and interpret a range of accounting and financial transactions and reports;
3.
be able to implement various management accounting tools and techniques in making business decisions;
4.
be able to identify and describe sources of business finance;
5.
be able to use a computer spreadsheet to assist in the preparation of business information and be able to generate and analyse a range of business results and reports; and
6.
be able to employ research and report writing skills.