You are viewing this page as an international student.
Change to Domestic

You are a domestic student if you are an Australian citizen, a New Zealand citizen or the holder of an Australian permanent visa.

You are an international student whether you are within or outside Australia and you do not meet the domestic student criteria.

COVID-19 (coronavirus): Latest advice for the Bond community.

BMBA70-870: Accounting for Managers January 2020 [Intensive]

General information

This subject is designed to develop students’ managerial financial literacy and decision-making skills. It is organised around three sets of accounting fundamentals: financial reporting mechanics; measurement; and management. The main objective is to enable students to understand, decompose and interpret financial statements to assess a firm’s business model, operating performance and overall financial health. 


Academic unit:Bond Business School
Subject code:BMBA70-870
Subject title:Accounting for Managers
Subject level:Postgraduate
Semester/Year:January 2020
Credit points:5

Delivery & attendance

Delivery mode:


Workload items:
  • Computer Lab: x6 (Total hours: 30) - Computer Lab 1
  • Personal Study Hours: x6 (Total hours: 30) - Recommended study time & reviewing materials
Attendance and learning activities: Attendance at all scheduled sessions is expected. Students are expected to notify the instructor of any absences with as much advance notice as possible.


Prescribed resources: No Prescribed resources. After enrolment, students can check the Books and Tools area in iLearn for the full Resource List.
[email protected] & Email:[email protected] is the online learning environment at Bond University and is used to provide access to subject materials, lecture recordings and detailed subject information regarding the subject curriculum, assessment and timing. Both iLearn and the Student Email facility are used to provide important subject notifications. Additionally, official correspondence from the University will be forwarded to students’ Bond email account and must be monitored by the student.

To access these services, log on to the Student Portal from the Bond University website as

Enrolment requirements

Requisites: ?


Restrictions: ? This subject is not available to
  • Study Abroad Students

This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.

Assurance of learning

Assurance of Learning means that universities take responsibility for creating, monitoring and updating curriculum, teaching and assessment so that students graduate with the knowledge, skills and attributes they need for employability and/or further study.

At Bond University, we carefully develop subject and program outcomes to ensure that student learning in each subject contributes to the whole student experience. Students are encouraged to carefully read and consider subject and program outcomes as combined elements.

Program Learning Outcomes (PLOs)

Program Learning Outcomes provide a broad and measurable set of standards that incorporate a range of knowledge and skills that will be achieved on completion of the program. If you are undertaking this subject as part of a degree program, you should refer to the relevant degree program outcomes and graduate attributes as they relate to this subject.

Find your program

Subject Learning Outcomes (SLOs)

On successful completion of this subject the learner will be able to:
  1. Apply financial analysis skills to decompose, restate and interpret what financial statements reflect about a firm’s business model performance and financial health.
  2. Apply financial forecasting and investment appraisal techniques to evaluate the financial impact of transformative and innovation projects on firm value.
  3. Demonstrate the ability to use information technology to support the sourcing, acquisition, evaluation, and analysis of financial information.
  4. Demonstrate the ability to produce a clear and concise written report that demonstrates effective financial analysis.
  5. Present a compelling case for analytical insights and defend your position upon questioning.


Assessment details

TypeTask%Timing*Outcomes assessed
Presentation § Board presentation of financial measurement and adjustment 15% Ongoing 1, 5.
Skills Assignment Individual pre-class exercise in mechanics 10% In Consultation 1.
Analysis ^ Individual decomposition, restatement and analysis of a listed company vs benchmark data. 5-page (plus figures and tables) maximum report on key adjustment issues and interpretation of business model performance and risks. 25% In Consultation 1, 3, 4.
Project Report ^ Forecast and evaluate financial impact of future expansion or change project showing impact on value. 5-page (plus figures and tables) management report. 50% In Consultation 2, 3.
  • ^ Students must pass this assessment to pass the subject
  • § Indicates group/teamwork-based assessment
  • * Assessment timing is indicative of the week that the assessment is due or begins (where conducted over multiple weeks), and is based on the standard University academic calendar
  • C = Students must reach a level of competency to successfully complete this assessment.

Assessment criteria

High Distinction 85-100 Outstanding or exemplary performance in the following areas: interpretative ability; intellectual initiative in response to questions; mastery of the skills required by the subject, general levels of knowledge and analytic ability or clear thinking.
Distinction 75-84 Usually awarded to students whose performance goes well beyond the minimum requirements set for tasks required in assessment, and who perform well in most of the above areas.
Credit 65-74 Usually awarded to students whose performance is considered to go beyond the minimum requirements for work set for assessment. Assessable work is typically characterised by a strong performance in some of the capacities listed above.
Pass 50-64 Usually awarded to students whose performance meets the requirements set for work provided for assessment.
Fail 0-49 Usually awarded to students whose performance is not considered to meet the minimum requirements set for particular tasks. The fail grade may be a result of insufficient preparation, of inattention to assignment guidelines or lack of academic ability. A frequent cause of failure is lack of attention to subject or assignment guidelines.

Quality assurance

For the purposes of quality assurance, Bond University conducts an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.

Study information

Submission procedures

Students must check the [email protected] subject site for detailed assessment information and submission procedures.

Policy on late submission and extensions

A late penalty will be applied to all overdue assessment tasks unless an extension is granted by the lead educator. The standard penalty will be 10% of marks awarded to that assessment per day late with no assessment to be accepted seven days after the due date. Where a student is granted an extension in writing by the lead educator, a penalty of 10% per day late starts from the new due date.

Policy on plagiarism

University’s Academic Integrity Policy defines plagiarism as the act of misrepresenting as one’s own original work: another’s ideas, interpretations, words, or creative works; and/or one’s own previous ideas, interpretations, words, or creative work without acknowledging that it was used previously (i.e., self-plagiarism). The University considers the act of plagiarising to be a breach of the Student Conduct Code and, therefore, subject to the Discipline Regulations which provide for a range of penalties including the reduction of marks or grades, fines and suspension from the University.

Bond University utilises Originality Reporting software to inform academic integrity.

Feedback on assessment

Feedback on assessment will be provided to students within two weeks of the assessment submission due date, as per the Assessment Policy.

Accessibility and Inclusion Support

If you have a disability, illness, injury or health condition that impacts your capacity to complete studies, exams or assessment tasks, it is important you let us know your special requirements, early in the semester. Students will need to make an application for support and submit it with recent, comprehensive documentation at an appointment with a Disability Officer. Students with a disability are encouraged to contact the Disability Office at the earliest possible time, to meet staff and learn about the services available to meet your specific needs. Please note that late notification or failure to disclose your disability can be to your disadvantage as the University cannot guarantee support under such circumstances.

Additional subject information

As part of the requirements for Business School quality accreditation, the Bond Business School employs an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected. Pre-class basic financial skill development exercise.

Subject curriculum

The three M framework – Mechanics, Measurement and Management

Mechanics: double entry duality (information control – two effects of every change) rationale for accrual not cash transactions as performance measurement, and how the Financial Statements (FS) articulate.

Measurement: the decisions that underpin the FS numbers, measurement base (cost, market value, discounted cash flows (DCF and TVM), accounting method choices and role of estimation. Key Insight: no one right profit number – all point estimates in a reasonable range. Implication: for performance measurement, forecasting and valuation.

Management: FS numbers integral to the control systems of the firm, part of governance, but subject to earnings management (Accruals, real, and classification shifting). Key insight: 2+2=5 or 3 – it depends. Implication: challenge the numbers.

Managerial skill in adjusting and restating financials (for methods, estimation and EM), analysing the adjusted numbers applying a database integrated financial analysis workbook, linking the analysis to performance and risk assessment.

The role of cash flow and working capital management in the operation and how innovations in the operation impact cash & working capital.

Forecasting and budgeting the revenue, cost and capital impacts of management decisions to change the business.

Employing the DCF framework to evaluate alternative investment decisions.

Linking past (adjusted) financials to financial forecasts incorporating business change and innovation, and the impact of judgement & sensitivity analysis on value.

Approved on: Nov 26, 2019. Edition: 1.1