Accounting for Managers (5617.7)

Accounting for Managers introduces students to a range of financial information for business reporting, planning and investment decision making. This unit introduces students to generally accepted financial accounting principles and management accounting concepts and techniques.

Learning outcomes

Students who successfully complete this unit will be able to: 1. Explain the role of accounting in organisations;
2. Discuss and apply sustainability principles and ethics to financial decision making;
3. Analyse, evaluate business transactions and communicate financial information to a range of stakeholders;
4. Interpret, analyse and use information contained in published financial reports for making informed decisions about the allocation of financial resources;
5. Apply basic management accounting techniques for business planning and control;
6. Describe and apply capital budgeting techniques to make investment decisions.

Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development

Prerequisites

None

Corequisites

None.

Assumed knowledge

None.