Description
This introduction to accounting provides a broad and important foundation in key concepts, tools and processes of the discipline. Particular emphasis is given to concepts and methods involved in the preparation and interpretation of the balance sheets as a statement of business value, profit and loss reports, and cash flow statements. The use of management accounting information is to enable effective planning, control and evidence-based decision-making are also considered in depth. Modern software tools, databases and related resources are additional features of this practically-oriented subject.
Subject details
Type | Undergraduate |
Code | BCDP02-008 |
EFTSL | 0.125 |
Faculty | Bond Business School |
Semesters offered |
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Credit | 10 |
Study areas |
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Subject fees |
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Learning outcomes
1. Apply fundamental accounting concepts and principles for recording business transactions using accrual accounting and the double entry system.
2. Evaluate the effects of the release of accounting information on a stock’s price.
3. Demonstrate basic digital literacy skills in the use of spreadsheet applications and the ability to search, retrieve and analyse appropriate data from digital sources.
4. Prepare and interpret an income statement, balance sheet and cash flow statement.
5. Conduct a basic analysis of financial statements and associated non-financial information.
6. Explain the role of management accountants in an organisation and how it differs from that of a financial accountant.
7. Calculate cost-volume-profit analyses for single and multiple products for use in profit planning decisions and sensitivity analyses.
8. Prepare budgets, calculate standard cost variances, and explain how they are used for control purposes.
Enrolment requirements
Requisites: ? | Nil |
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Restrictions: ? |
Must be admitted into a Bond College Diploma Program. This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure. |
Subject outlines
- January 2021 [Standard - ]
- September 2020 [Standard - Accounting for Decision Making]
- May 2020 [Standard]
- January 2020 [Standard]
- September 2019 [Standard]
- May 2019 [Standard]
- January 2019 [Standard]
- September 2018 [Standard]
- May 2018 [Standard]
- January 2018 [Standard]
- September 2017 [Standard]
- May 2017 [Standard]
Subject dates
Standard Offering | |
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Enrolment opens | 15/03/2020 |
Semester start | 25/05/2020 |
Subject start | 25/05/2020 |
Cancellation 1? | 08/06/2020 |
Cancellation 2? | 15/06/2020 |
Last enrolment | 07/06/2020 |
Withdraw – Financial? | 20/06/2020 |
Withdraw – Academic? | 11/07/2020 |
Teaching census? | 19/06/2020 |
Standard Offering | |
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Enrolment opens | 02/08/2020 |
Semester start | 14/09/2020 |
Subject start | 14/09/2020 |
Cancellation 1? | 28/09/2020 |
Cancellation 2? | 05/10/2020 |
Last enrolment | 27/09/2020 |
Withdraw – Financial? | 10/10/2020 |
Withdraw – Academic? | 31/10/2020 |
Teaching census? | 09/10/2020 |
Standard Offering | |
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Enrolment opens | 15/11/2020 |
Semester start | 18/01/2021 |
Subject start | 18/01/2021 |
Cancellation 1? | 01/02/2021 |
Cancellation 2? | 08/02/2021 |
Last enrolment | 31/01/2021 |
Withdraw – Financial? | 13/02/2021 |
Withdraw – Academic? | 06/03/2021 |
Teaching census? | 12/02/2021 |