MAA103 - Accounting for Decision Making

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 1: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online
Trimester 2: Burwood (Melbourne), Online
Trimester 3: Burwood (Melbourne), Waurn Ponds (Geelong), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Peter Vuong
Trimester 2: Lawrence Huang
Trimester 3: Egor Evdokimov
Prerequisite:

Nil

Corequisite:Nil
Incompatible with: MAAM103
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 1 hour on-campus (livestreamed) lecture (recordings provided) and 1 x 2 hour on-campus seminar each week.

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 1 hour recorded lecture and 1 x 2 hour online seminar (recordings provided) each week.

Content

This introductory unit teaches you how to use accounting information to make appropriate business decisions. You will learn to apply the fundamental concepts of double-entry accounting to record transactions, prepare financial reports, and to analyse and interpret their meaning. You will learn to use management accounting budgets and planning techniques, and will consider contemporary issues such as the role of ethics and the use of Integrated Reporting.  

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Explain the following in relation to financial accounting:  

a) The role and purpose of accounting, accounting processes and systems across different business structures

b) The purpose of financial statements

c) The role and purpose of accounting standards

d) The regulatory environment for financial reporting

GLO1: Discipline-specific knowledge and capabilities

ULO2

Critically apply the principles and concepts underlying accounting (including the Conceptual Framework for Financial Reporting) to record different business transactions leading to the preparation of financial statements.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO3

Critically apply financial statement analysis, cost-volume-profit analysis, and budgeting to aid end users in making informed decisions 

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO4

Collaboratively develop financial reports in the context of a group assignment. 

GLO7: Teamwork

ULO5

Develop or use spreadsheets to record transactions and prepare reports.

GLO3: Digital literacy

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week

Assessment 1: (Individual) Case Study: journals and ledgers

Excel spreadsheet 15% Week 6

Assessment 2: (Individual) Case Study: adjusting entries and financial statements 

Excel spreadsheet 10% Week 7

Assessment 3:
Part A: (Group of 4) Case Study (Excel spreadsheet)

Part B: (Individual) Written Reflection (Self) 

Part A: Excel spreadsheet 

Part B: 500 words 

Part A: 10% 

Part B: 5% 

Weeks 9 & 11

Examination - Specified Resources

2 hours 60% End-of-unit assessment period 

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MAA103 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

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