Unit (2019)
Information on this page, including unit offerings, is from the 2019 academic year.
Introduction to Accounting (BUS163)
| Organisational Unit | Business | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Credit Points | 3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Availability | MURDOCH: S1-internal, S1-external, S2-internal, S2-external | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Teaching Timetables | Murdoch S1 Murdoch S2 |
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| Description | This unit covers the practical application of managerial and financial accounting concepts in the business world. Students will learn and use fundamental accounting principles relevant to issues affecting business organisations. Specifically, students will learn to prepare basic financial statements and analyse financial aspects of organisations to assist management and users of business reports in making informed decisions. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Unit Learning Outcomes | On successful completion of the unit you should be able to: ULO1: Demonstrate a basic knowledge of managerial and financial accounting; ULO2: Apply accounting knowledge in practical contexts; ULO3: Prepare basic financial statements and analyse financial aspects of organisations ULO4: Evaluate accounting issues and problems and develop evidence-based conclusions; ULO5: Demonstrate the capability to work in a team and engage in lifelong learning |
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| Timetabled Learning Activities | Workshops: 2 hours per teaching week | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Unit Learning Experiences | The learning and teaching approach informing the assessment and activity selection and design in this unit are student-centred, constructivist, and outcome-based (SOLO), featuring predominantly active learning strategies with tasks that are open-ended, authentic, and scaffolded. The unit uses blended learning which combines learning online with interactive workshops. Using this combination of online and face-to-face learning provides flexibility for all students to learn anytime (24/7), anywhere (with an Internet connection) at a pace that suits their learning style. In this unit students explore concepts online prior to workshops, through videos, audio, websites, simulations, readings, quizzes, blogs and online discussions. Workshops (online or face-to-face) are interactive and use active learning such as; guided instruction (e.g. small group and whole class discussion), role plays, simulations, case studies, scenario-based tasks, problem-based tasks, project-based tasks, presentations and enquiry-based tasks. |
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| Other Learning Experiences | Nil | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assessment | Assessment in this unit is authentic, real-world and relevant; assessments are constructive, sequential and inter-linked; requiring students to use and engage with progressively higher-order cognitive (skill-based) processes; assessments are aligned with the desired learning outcomes; and, provide challenge, interest and motivation to learn. Assessment comprises the three assessments: Online Scenario/Test: 20% Business Case Study in two parts: Part A: Peer Learning 15% Part B: Major Assignment 20% Final Exam: 45% |
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| Prerequisites | Nil | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Exclusions | Students who have successfully completed BUS163 Introduction to Accounting OR BUS170 Foundations of Accounting OR BUS160 Introduction to Accounting may not enrol in this unit for credit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Appears in these Courses/Majors: see individual structures for context |
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| Internet Access Requirements | Murdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online. |
Contacts
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