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Unit (2017)

Information on this page, including unit offerings, is from the 2017 academic year.

Accounting for Managers (MBS539)

School School of Business and Governance
Credit Points 3
Availability MURDOCH: S1-internal, S1-external, S2-internal, S2-external, SUM-external, U-external
DUBAI-ISC: TJD-internal, TSD-internal
KAPLAN-SGP: TJA-internal, TMA-internal, TSA-internal
Teaching Timetables Murdoch S1
Murdoch S2
Description While this unit provides an introduction to accounting issues relevant to both preparers and users of business reports, it predominantly explores the principles of financial and management accounting from a user perspective. The focus of the unit is on decision-making providing a practical understanding of how to analyse information obtained from the accounting system to assist in management decision making.
Unit Learning Outcomes On successful completion of the unit you should be able to:
1. Demonstrate basic understanding of the accounting environment, ethics and the role of professional skill.
2. Explain the role of accounting information in the management planning and decision making.
3. Understand the basic accounting concepts and apply them to analyse and record business transactions.
4. Understand the principles of managing and reporting working capital
5. Prepare basic financial statements and understand the relationship of the main financial statements.
6. Apply tools to analyse and interpret financial statements as well as understanding some of the issues facing the readers of financial statements.
7. Understand the role of accounting in sustainable business.
8. Understand the types of costs and revenues relevant to business decision making.
Timetabled Learning Activities Workshops: 2 hours per teaching week for South Street Campus and at MUISC Dubai
Workshops: 4 hours per fortnight at Kaplan SGP
All offerings of this unit include the equivalent of 30 hours of structured learning.
Unit Learning Experiences The unit is delivered using blended learning design features with core unit materials provided in a digital format followed up by small class knowledge application and skills development. This is enhanced by self directed learning to further develop skills and application of knowledge to practical and current issues.
Assessment Internal Students
Workshop Activities: Group Short Topic Task 7.5% and Workshop participation 7.5%
In term test 20%
Group assignment 15%
Final examination 50%

External Students
Workshop Activities: Short Topic Task 10%
In term test 20%
Assignment 20%
Final examination 50%
Prerequisites Enrolment in a graduate-level course.
Exclusions Students who have completed MBS513/MBS5132/MBS5392 Accounting for Managers may not enrol in MBS539 Accounting for Managers for credit.
Previously 2013: MBS513
Appears in these Courses/Majors:
see individual structures for context
Graduate Certificate in Business Administration (GradCertBusAdmin)
Graduate Certificate in Human Resources and Safety (GradCertHRS)
Graduate Certificate in Human Resources Management (GradCertHRM)
Graduate Diploma in Consultancy Psychology (GradDipConsultPsych)
Graduate Diploma in Human Resources Management (GradDipHRM)
Master of Applied Psychology (Organisational Psychology) (MAppPsych)
Master of Applied Psychology + Doctor of Philosophy (MAppPsych)+(PhD)
Master of Business Administration (MBA) [New in 2016]
Master of Business Administration Professional Practice (MBA(PP)) [New in 2016]
Master of Human Resources Management (MHRM)
Master of Professional Accounting (MPA)
Doctor of Psychology (Organisational Psychology) (DPsych)
Internet Access RequirementsMurdoch 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.
Accounting for Managers (MBS5392) - as for MBS539 except as follows
School School of Business and Governance
Credit Points 3
Availability MURDOCH: SUM1-internal, U2-external
Unit Learning Outcomes On successful completion of the unit you should be able to:
1. explain what financial statements are and how the major elements of financial statements are recognised, measured and reported;
2. demonstrate a practical understanding of the principles of budgeting and be able to create a budget for a business;
3. explain how cost information can be used as an effective management tool, and apply a variety of techniques for short and long term business decisions;
4. analyse financial information for a business to assess its liquidity, profitability, solvency and capital structure;
5. discuss issues around organisational goals, resources needs, stakeholder importance and dealing with threats.
6. explain enterprise governance and business sustainability and be aware of the current developments in this area in Australia.
7. Understand how entities make decisions to invest in new projects and business is financed.
Timetabled Learning Activities Seminars: South Street Murdoch 3 x 2.5 hours per week during the teaching semester.
Unit Learning Experiences The approach to learning in this unit requires students to prepare for each session in advance, to participate in experiential learning exercises, discussions, and other activities during sessions.
External students will be required to participate online. Most sessions will include a recorded lecture component which will be available for downloading.
Assessment Refer below.
Prerequisites Enrolment in C1083 Postgraduate Certificate in Business Administration (MasterClass) or C1115 Graduate Certificate in Business Administration (MasterClass).
Exclusions Students who have completed MBS513/MBS5132/MBS539 Accounting for Managers may not enrol in MBS5392 Accounting for Managers for credit.
Previously 2014: MBS5132
Appears in these Courses/Majors:
see individual structures for context
Graduate Certificate in Business Administration (MasterClass) (GradCertBusAdmin)
Internet Access RequirementsMurdoch 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

Unit Coordinator
MBS539
Miss Mellisa Lewis
Lecturer In Accounting

Murdoch Campus
t: 9360 2155
e: m.lewis@murdoch.edu.au
o: 512.2.027 - Murdoch Business School, Murdoch Campus
MBS5392
Mr Constantine Abbott
P/T Teaching Casual

e: C.Abbott@murdoch.edu.au
Unit Contacts
MBS539

DUBAI-ISC: TJD-Internal
KAPLAN-SGP: TJA-Internal
MURDOCH: S1-External
MURDOCH: S1-Internal
Dr Terri Trireksani
Lecturer Accounting

Murdoch Campus
t: 9360 2481
e: T.Trireksani@murdoch.edu.au
o: 512.2.038 - Murdoch Business School, Murdoch Campus
MBS539

DUBAI-ISC: TSD-Internal
KAPLAN-SGP: TMA-Internal
KAPLAN-SGP: TSA-Internal
MURDOCH: S2-External
MURDOCH: S2-Internal
MURDOCH: SUM-External
Miss Mellisa Lewis
Lecturer In Accounting

Murdoch Campus
t: 9360 2155
e: m.lewis@murdoch.edu.au
o: 512.2.027 - Murdoch Business School, Murdoch Campus
MBS539

MURDOCH: U-External
No contacts found
MBS5392

MURDOCH: SUM1-Internal
MURDOCH: U2-External
No contacts found
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