Bachelor of Business (Accounting)

This subject is designed to provide an overview of accounting information and explain a range of terms used in both accounting and business. Students will learn to interpret accounting reports and explore the impact that policy and measurement methods can have on accounting information and business decisions.

This subject will equip students with the practical skills necessary to analyse the accounting transactions of an entity. Students will measure and record these transactions in a systematic manner for the preparation of simple financial statements.

This subject introduces students to the complex economic, political, legal, technological and cultural factors that can influence business management practice. Highlighting the ever-changing global landscape, this subject utilises experiential learning and critical analysis assessments to apply theoretical management knowledge.

This subject introduces the fundamental concepts of finance theory and the tools of financial decision making in the context of the Australian institutional environment. These concepts relate primarily to the time value of money, risk and return, capital budgeting and capital structure. The purpose of this subject is to develop an understanding of the basic practices of financial management from the perspective of a firm (both large and small). Students will examine the investment, financing and dividend decisions of corporations.

This subject provides an introduction to management accounting in an e-commerce environment. Students will examine accounting management in relation to suppliers and customers. Topics include the development and logic of routine and non-routine analysis performed to support management decision making.

Law of Business Organisations explores legal issues concerning the creation and control of an organisation. This subject will provide students with an appreciation of the law of partnerships, companies and will include a brief examination of the law regarding unincorporated and incorporated non-profit associations.

This is the third subject in the financial accounting stream and builds directly on the Financial Accounting Applications unit. Students will be introduced to business structure and accounting requirements for company formation and operations. Utilising theoretical and practical learning techniques, this subject teaches students how to account for receivables and payables, the disposal of non-current assets and preparation of cash flow statements.

Contemporary Management Accounting critically examines the limitations of traditional management accounting techniques. This subject considers factors that influence the design of management accounting systems (MAS) and the choice of management accounting techniques in a contemporary business environment.

This subject covers the constitutional basis of taxation, the process of determining income tax liability, the concept of income tax and allowable deductions. It also covers taxation of fringe benefits, taxation of certain entities (partnerships, companies and trusts), tax accounting, trading stock provisions. And finally, it covers tax administration and practice, taxation planning and avoidance, and the Goods and Services Tax.

This subject considers the design and implementation of accounting information systems as a data model for the resource allocation and management of an organisation. It includes consideration of current trends in information management and the changing regulatory requirements.

This subject builds on the first and second year accounting units, exploring financial reporting issues in greater depth and challenging students to question the foundations of financial reporting. Utilising International Financial Reporting Standards (IFRS) and the Australian Accounting Standards Board equivalents (AASB) this subject will explore financial reporting, corporate social responsibility, asset impairment, revenue recognition and financial statement analysis. Students will develop their critical thinking skills, technical skills, professional judgement and their application for solving practical financial reporting.

This subject builds on the fundamental knowledge of accounting procedures gained in prerequisite units. Involving the comprehensive study of corporate accounting and reporting which are regulated by legislation, accounting standards, Australian Securities and Investment Commission and Stock Exchange requirements. This subject will provide students with knowledge of regulations, with a focus on theoretical and practical aspects of corporate reporting in Australia.

This subject studies the roles and responsibilities of the auditor, auditing principles and standards and the application of those standards, particularly in an electronic environment.

Statistics for Business introduces concepts and techniques of statistics in relation to problem-solving in business. This subject will provide students with basic knowledge of statistics and forecasting with more advanced study options available in the future. Topics include the presentation of data, descriptive statistics, the role of uncertainty in business decision-making, hypothesis testing and basic forecasting.

Working in Professions focuses on developing career understandings for working in the ‘real world’ of accounting, banking, economics, finance and property. This is a professional subject in the Bachelor of Business. Successful completion of the subject allows participants to gauge employer expectations, and to identify and reflect on career opportunities in their chosen fields.

This subject focuses on the role that accountants play in planning the inception of a small business by an entrepreneur. Using real case studies, this subject looks at how effective management sustains, grows and expands a business. Students will apply knowledge and concepts learned throughout their course to real business situations and will gain an understanding of what is entailed in a career as a business consultant.

This subject focuses on forces driving innovation, creativity and technical change at the levels of entrepreneurship, enterprise, economy and society. It also examines the effects of innovation at these various levels. The subject takes a multi-disciplinary approach utilising critical thinking, debates, problem-solving, policy analysis and case studies.

Working in Professions focuses on developing career understandings for working in the ‘real world’ of accounting, banking, economics, finance and property. This is a professional subject in the Bachelor of Business. Successful completion of the subject allows participants to gauge employer expectations, and to identify and reflect on career opportunities in their chosen fields.

This subject focuses on forces driving innovation, creativity and technical change at the levels of entrepreneurship, enterprise, economy and society. It also examines the effects of innovation at these various levels. The subject takes a multi-disciplinary approach utilising critical thinking, debates, problem-solving, policy analysis and case studies.

This subject focuses on the role that accountants play in planning the inception of a small business by an entrepreneur. Using real case studies, this subject looks at how effective management sustains, grows and expands a business. Students will apply knowledge and concepts learned throughout their course to real business situations and will gain an understanding of what is entailed in a career as a business consultant.

Statistics for Business introduces concepts and techniques of statistics in relation to problem-solving in business. This subject will provide students with basic knowledge of statistics and forecasting with more advanced study options available in the future. Topics include the presentation of data, descriptive statistics, the role of uncertainty in business decision-making, hypothesis testing and basic forecasting.