ACCT 7002 Accounting Professional Engagement

Credit Points 10

Legacy Code 200693

Coordinator Dorothea Bowyer Opens in new window

Description This unit aims to provide students with a 'hands on' flexible and practical work integrated learning experience in the Accounting degree. This unit focuses on the role that accountants play in the effective management of businesses. Appropriate accounting research methods are used to investigate and report on problems and "real" case studies involving a wide range of business related issues. This is mainly done through working as groups on projects as accountants do when they engage with clients and entrepreneurs as professional consultants.

School Business

Student Contribution Band HECS Band 4 10cp

Check your HECS Band contribution amount via the Fees page.

Level Postgraduate Coursework Level 7 subject

Pre-requisite(s) ACCT 7005

Restrictions Students must be enrolled in a postgraduate Business program. Students wishing to take this subject as an elective need approval from the program Advisor.

Assumed Knowledge

Knowledge of accounting principles, practices and relevant theoretical background.

Learning Outcomes

On successful completion of this subject, students should be able to:
  1. Outline the kinds of problems encountered by local businesses/organisations (for example, small and medium enterprises (SMEs), government or not for profit organisations) and the symptoms that will be apparent in their accounts;
  2. Analyse and solve various business problems using appropriate accounting research methods and case study approaches;
  3. Develop financial and strategic plans for small business;
  4. Extend report writing and verbal communication skills;
  5. Develop a foundation of ethical thinking in commercial engagements;
  6. Demonstrate an understanding of the responsibilities accountants as consultants have in business;
  7. Develop a comprehensive business plan or analyse a takeover, change management proposal, or the implementation of a new business process or system.
  8. Analyse a business problem encountered by businesses/organisations government or not for profit organisation, and its impact on stakeholders;
  9. Apply appropriate accounting research methods and tools to solve problems;
  10. Use appropriate communication methods, verbal and written, to convey information;
  11. Work productively in groups (in the role of a consultant) to solve and report on a business problem;
  12. Tender for a project and construct curriculum vitae appropriate to a project tender;
  13. Present project findings to an audience of peers or industry professionals.

Subject Content

- strategic thinking and strategic accounting
- financial and management accounting
- Regulatory Issues
- client management Issues
- financial management
- business or professional ethics
- Entrepreneurship ? back ground on The role of The entrepreneurial profile
- Marketing of businesses including pricing of products and services
- succession planning
- Internal control
- accounting research methods
- professional behaviour
- Entrepreneurship

Assessment

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.

Item Length Percent Threshold Individual/Group Task
CV and response to Project Tender 1,100 words 10 N Individual
Project - Memorandum 1,500 words 30 N Individual
Project - Presentation 20 minutes 20 N Group
Report 4,500 words 40 N Group

Prescribed Texts

  • Bamford, Charles E. (2016) Entrepreneurship: The Art, Science And Process For Success 2e 9781307162851 http://www.mheducation.com.au/9781307162851-aus-ebook-entrepreneurship-the-art-science-and-process-for-success-2e

Teaching Periods

2022 Quarter 2

Parramatta City - Macquarie St

Day

Subject Contact Helen Black Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window

Sydney City

Day

Subject Contact Neelam Goela Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

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2022 Quarter 4

Parramatta City - Macquarie St

Evening

Subject Contact Helen Black Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window