RH1002 - Accounting

This subject provides an introduction to accounting information systems, accounting concepts and the application and interpretation of accounting information using professional ethics for decision making. The subject focuses on the following areas: the basic concepts and principles of accounting, understanding accounting reports, analysis of accounting information, and the use of accounting information in various business decisions. The subject is part of the Diploma of Business, which is designed to provide you with a pathway to:

• further university studies in Business;
• or direct employment

A positive student experience, in each subject, is important to the staff of the Russo Business School. Therefore, many support staff (outside of your classroom) are available to assist you with that experience. Advisers are available to assist you in The Learning Centre. Student Resource Centre staff are also available for consultation on Campus. You can also make use of the student counsellor and Joblinx careers counsellors. Accessing the support opportunities relevant to your needs will maximise your study.

Sessions including lectures, workshops, tutorials, individual work, group work, online quizzes, and a final exam may be included as part of the teaching and learning activities for this subject. Asking questions in class is encouraged. Working in groups with your peers both during class and outside of class time is also encouraged.

Subject Learning Outcomes

• Discuss and explain the nature and purpose of accounting
• Demonstrate ability to use basic accounting principles
• Identify and apply basic financial decision-making tools.
• Examine business reports for financial/economic decision making.
• Demonstrate a growing awareness of ethics within the accounting environment

Group Assignment – 45%

Analytical Business Report (Group) – 25%

Role Play – 30%