Overview

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Academic contacts

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Offerings

MURDOCH-S1-EXT-2018-ONGOING
MURDOCH-S1-INT-2018-ONGOING

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Enrolment rules

Students who have successfully completed MBS536 Financial Management Decision Making may not enrol in this unit for credit.
Enrolment in a graduate-level course.

Other learning activities

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Learning activities

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Learning outcomes

1.
Demonstrate a critical understanding of legislative and regulatory reporting processes, and the accompanying financial statements that are prepared to help users make key decisions
2.
Compute key financial ratios that assist in the decision-making process for users who are external to the organisation such as shareholders/stakeholders
3.
Analyse the impact of differences in financial ratios between financial periods and how these changes may affect management, shareholder or stakeholder actions
4.
Evaluate budgetary process that internal management uses when making decisions relating to the allocation of scarce resources
5.
Critique the principle of the balanced scorecard
6.
Evaluate the role of qualitative factors in organisational decision making
7.
Demonstrate the skills of critical analysis, teamwork and collaborative learning, and communication – both written and oral.

Assessments

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Additional information

Unit content:This unit will predominantly examine information relating to the Public Sector including: 1) Performance reports (Statement of surpluses and deficits) 2) Position reports (Statement of assets and debts) 3) The Statement of Cash Flows 4) Financial ratios 5) Management accounting and the control of expenditure 6) The budgeting process 7) Strategy, The Balanced Scorecard and other key performance indicators