GMBA71-201: Accounting for Decision Making

Description

This subject prepares managers in their use of accounting information to aid in making evidence based decisions. This includes developing and understanding of financial statements from a user perspective to examine the financial reporting process. Particular emphasis is given to the underlying concepts and forms of both external and internal reporting. Concepts and methods involved in the preparation and interpretation of balance sheet as a statement of business value, profit and loss reports, and cash flow statements are examined, as well as an introduction to cost accounting through coverage of the roles of budgeting (preparation of a master budget), cost concepts, classifications and cost-behaviour patterns, and systems to accumulate and allocate costs are also considered with case studies and examples of their use in management decision making.

Subject details

Type: Postgraduate Subject
Code: GMBA71-201
Faculty: Bond Business School
Semesters offered:
  • January - Bond-BBT MBA 2025 [Non-Standard Offering]
  • May - Bond-BBT MBA 2025 [Non-Standard Offering]
Credit: 10
Study areas:
  • Business, Commerce, and Entrepreneurship

Learning outcomes

  1. Read financial statements, know their uses, and be aware of their limitations. As such, students will be able to communicate in the "language of business".
  2. Perform and communicate a critical analysis of financial performance using contemporary ratio analysis.
  3. In managerial positions, better appreciate the impact of their day-to-day decisions and policies on the performance of their organisation and understand how parties, internal and external to their organisation, will interpret the reporting of those decisions.

Enrolment requirements

Requisites:

Nil
Assumed knowledge:

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.

Restrictions: This subject is not available to
  • Study Abroad Students
  • This subject is not available to students on US Financial Aid.
  • Students on a Student Visa may be restricted from enrolment due to the mode of delivery in the chosen semester. Check the subject outline for further details.

Must be admitted into a BBT/MBA 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

Subject dates

  • Non-Standard Offering
    Enrolment opens: 10/11/2024
    Semester start: 20/01/2025
    Subject start: 20/01/2025
    Last enrolment: 01/02/2025
    Teaching census: 16/02/2025
    Withdraw - Financial: 17/02/2025
    Withdraw - Academic: 06/03/2025
  • Non-Standard Offering
    Enrolment opens: 23/03/2025
    Semester start: 19/05/2025
    Subject start: 19/05/2025
    Last enrolment: 31/05/2025
    Teaching census: 15/06/2025
    Withdraw - Financial: 16/06/2025
    Withdraw - Academic: 03/07/2025
Non-Standard Offering
Enrolment opens: 10/11/2024
Semester start: 20/01/2025
Subject start: 20/01/2025
Last enrolment: 01/02/2025
Teaching census: 16/02/2025
Withdraw - Financial: 17/02/2025
Withdraw - Academic: 06/03/2025
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