This subject provides a broad and important foundation in key accounting concepts, tools, and processes of the discipline. Students iwll learn to apply fundamental accounting concepts and procedures to prepare and interpret basic financial statements for different typesof business entities. Both manual and computerised accounting systems are used to demonstrate the accounting process. Users of financial information and the decisions they make based on accounting information are considered throughout the subject.
|Faculty||Bond Business School|
1. Demonstrate knowledge of essential accounting and business concepts. 2. Analyse and record transactions using principles of double-entry accounting for a range of business entities. 3. Use accounting software to record business transactions and prepare financial statements. 4. Analyse financial statements and associated non-financial information. 5. Apply professional judgement in decision making.
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
Basic spreadsheet skills are required for learning activities
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.
Future offerings not yet planned.