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ACC00712 - Business Accounting (2018)

2014 | 2015 | 2016 | 2017 | 2018

Availabilities:

LocationDomesticInternational
Gold Coast Session 1, 3 Session 1, 3
Melbourne Session 1 Session 1, 2, 3
Online Session 1 Session 1
Papua New Guinea - Air Niugini N/A Session 1
Perth N/A Session 1, 3
Sydney N/A Session 1, 2, 3

Unit aim

Introduces students to knowledge of accounting processes, from recording transactions in journals and ledgers to preparing financial statements, enhances student's ability of applying their knowledge in a real business setting, and develops students' ability to exercise professional judgement and communicate information concerning business practices with stakeholders.

Unit content

Topic 1 Introduction to financial accounting

Topic 2 Recording transactions in the accounting cycle using double-entry accounting

Topic 3 Accounting for business operation I

Topic 4 Accounting for business operation II

Topic 5 End of period processes

Topic 6 Statements of cash flows

Topic 7 Analysis and interpretation of accounting information

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

Learning outcomes and graduate attributes

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to: GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 understand the concepts of double entry accounting, accrual accounting and accounting cycle
2 analyse accounting information and record business transactions in financial documents within accounting cycle
3 present, analyse and interpret financial information using the language of business to communicate with stakeholders effectively
4 understand internal control and AASB regulatory framework that govern the measurement and disclosures of accounting information.

On completion of this unit, students should be able to:

  1. understand the concepts of double entry accounting, accrual accounting and accounting cycle
    • GA4: Knowledge of a discipline
  2. analyse accounting information and record business transactions in financial documents within accounting cycle
    • GA4: Knowledge of a discipline
    • GA6: Communication and social skills
  3. present, analyse and interpret financial information using the language of business to communicate with stakeholders effectively
    • GA4: Knowledge of a discipline
    • GA6: Communication and social skills
  4. understand internal control and AASB regulatory framework that govern the measurement and disclosures of accounting information.
    • GA1: Intellectual rigour
    • GA6: Communication and social skills

Prescribed texts

Session 1

  • Prescribed text information is not currently available.

Session 2

  • Prescribed text information is not currently available.

Session 3

  • Prescribed text information is not currently available.

Prescribed texts may change in future study periods.

Teaching and assessment

Gold Coast

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Quiz 20%
Reflective Learning Journal 30%
Exam: closed book 50%

Melbourne

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Quiz 20%
Reflective Learning Journal 30%
Exam: closed book 50%

Online

Teaching method
Lecture online 1 hour (12 weeks)
Assessment
Quiz 20%
Reflective Learning Journal 30%
Exam: closed book 50%

Papua New Guinea - Air Niugini

Teaching method
Workshop on-site
Assessment
Quiz 20%
Reflective Learning Journal 30%
Exam: closed book 50%

Perth

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Quiz 20%
Reflective Learning Journal 30%
Exam: closed book 50%

Sydney

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Quiz 20%
Reflective Learning Journal 30%
Exam: closed book 50%

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

From the 1st of June, 2017, the term 'Distance Education' has been replaced with 'Online'

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2018 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.