ACCT 1003 Accounting Information for Managers (WSTC)
Credit Points 10
Legacy Code 700005
Coordinator Abdullah Al Aabed Opens in new window
Description This subject provides exposure to financial and management accounting information from the viewpoint of a non-accounting specialist. The subject aims to provide breadth of awareness and knowledge in relevant fields of accounting essential to decision making for managers.
Student Contribution Band HECS Band 4 10cp
Check your HECS Band contribution amount via the Fees page.
Level Undergraduate Level 1 subject
Equivalent Subjects ACCT 1001 - Accounting Information for Managers
Restrictions Students must be enrolled at Western Sydney University, The College. Students enrolled in Extended Diplomas must pass 40 credit points from the preparatory subjects listed in the program structure prior to enrolling in this University level subject. Students enrolled in the combined Diploma/Bachelor programs listed below must pass all College Preparatory subjects listed in the program structure before progressing to the Year Two subjects.
- Explain the purpose and role of accounting information;
- Outline employer obligations in business management;
- Analyse common business transactions;
- Apply GST in context of business transactions and construct a BAS;
- Prepare and analyse financial reports at an introductory level;
- Construct and evaluate budgets;
- Interpret accounting information to make business decisions.
2. Business structures
3. Employer obligations
4. Accounting concepts and principles
5. Business transaction analysis in the accounting process
6. Goods and Services Tax (GST) and Business Activity Statements (BAS)
7. Financial statement preparation, interpretation and performance analysis
8. Budgeting ? planning and control
9. Cost behaviour
The following table summarises the standard assessment tasks for this subject. Please note this is a guide only. Assessment tasks are regularly updated, where there is a difference your Learning Guide takes precedence.
|Intra-session Exam||80 minutes||15||N||Individual|
|End-of-session Exam||2 hours||50||Y||Individual|
- Birt, J, Chalmers, K, Brooks, A, Byrne, S & Oliver, J 2017, Accounting: business reporting for decision making, 5th edn, John Wiley & Sons, Milton.