Overview

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Academic contacts

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Offerings

DUBAI-ISC-TJD-INT-2018-2019
DUBAI-ISC-TMD-INT-2020-ONGOING
DUBAI-ISC-TSD-INT-2018-2019
MURDOCH-S2-EXT-2018-2018
MURDOCH-S2-INT-2018-2018

Requisites

Other learning activities

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Learning activities

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Learning outcomes

1.
Demonstrate understanding of the accounting environment and the role of accounting information in management planning and decision making by people internal and external to the business as well as the ethics required of professional accountants.
2.
Apply appropriate accounting concepts to analyse and record business transactions and in managing and reporting business working capital.
3.
Prepare financial statements and demonstrate the relationships of these statements: Balance Sheet, Income Statement and statement of changes in equity and the Statement of Cash Flows.
4.
Apply tools to analyse and interpret financial statements as well as understanding some of the issues facing the readers of financial statements.
5.
Identify and apply the costs and revenues relevant to business decision making and the role of accounting in sustainable business.

Assessments

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Additional information

Unit content:The topics covered in this unit are: 1. Introduction to Business Accounting – Forms of Business- legal and accounting aspects, Ethics and the Role of Professional Skill; 2. Developing a Business Plan: Cost-Volume -Profit Analysis; 3. Developing a Business Plan: Budgeting; 4. The Accounting System: Concepts and Applications; 5. Managing and Reporting Working Capital-cash, accounts receivable, inventory and accounts payable; 6. The Income Statement: Content, Use and Ratio Analysis. 7. The Balance Sheet: Content and Use and Analysis; 8. Introduction to the Cash Flow Statement: Content, Use and Analysis; 9. Introduction to Short-Term Planning Decisions: Type of Costs and Revenues Relevant to Decision Making; 10. (Introduction to) Sustainable Business.