Abstract
This subject is an introduction to financial accounting, management accounting and finance for those working in a business environment. Students will gain an understanding of the accounting principles underlying the accounting process and the uses and limitations of financial statements published by business entities. Accounting and finance issues faced by … For more content click the Read More button below.
Syllabus
Introduction to financial accounting, concepts, techniques and conventionsAccounting applications of information technologyCorporate annual reports, the nature and objectives of financial accountingFinancial analysis and interpretation of accounting reportsBusiness communication and report writingSocial and environmental disclosuresIntroduction to management accounting including environmental management accountingPanopticism, and management control issuesCost behaviour and cost-volume-profit (CVP) analysisInventory … For more content click the Read More button below.
Learning outcomes
Upon successful completion of this subject, students should:
1.
be able to critique basic accounting and financial management concepts,principles, techniques and conventions that underlie and limit the usefulness of accounting and finance information;
2.
be able to explain and apply the definitions, recognition criteria and measurement bases of assets, equities, revenues, expenses and income;
3.
be able to critically evaluate and analyse financial information using a range of interpretative techniques used in accounting and financial management;
4.
be able to explain and evaluate the concepts behind the management decision making processes associated with the efficient allocation of business resources; and
5.
be able to integrate skills in information technology, communication and the use of quantitative techniques for management decision making.
Enrolment restrictions
Postgraduate students only