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MAA103 - Accounting for Decision Making

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 3, 2020 will be online.

Last updated: 5 October 2020

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

Nil

Corequisite:Nil
Incompatible with: MAA101, MAA102
Typical study commitment:

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

Scheduled learning activities - campus:

1 x 2 hour class + 1 x 1 hour seminar per week (Burwood (Melbourne), Warrnambool, Waterfront (Geelong) students only)

Scheduled learning activities - cloud:

Online independent and collaborative learning including 11 scheduled online workshops of 1 hour duration

Content

This introductory course teaches students how to use accounting information to make appropriate business decisions. Students will learn to apply the fundamental concepts of double-entry accounting to record transactions, prepare financial reports, and to analyse and interpret their meaning. Students 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.  

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

ULO1

Describe the accounting processes and how accounting information can be effectively used for making informed business decisions

GLO1: Discipline-specific knowledge and capabilities
GLO3: Digital literacy

ULO2

Explain how business transactions are analysed using the ‘accounting equation’ and how the resulting figures can assist in preparing accounting reports. GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO3

Use visual and other technology such as spreadsheets to communicate researched information GLO1: Discipline-specific knowledge and capabilities
GLO3: Digital literacy

ULO4

Describe and justify the importance and use of Cost/volume profit analysis and budgeting in the context of operating a business GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

:
Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 
Assessment 1 (Individual) Double-Entry Recording   15% Wekk 5
Assessment 2 (Individual) Financial Statements Project   10% Week 8
Assessment 3 (Individual or group of 2-3) Budgeting Case-Study   15% Week 10
Examination 2-hours 60% Exam 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

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