Unit Information
Unit code: BAO6000
Credit points: 12
This unit focuses on the understanding and use of financial information and the composition and meaning of financial statements. It is designed from a user-perspective for those who use accounting information, rather than those whose task it is to prepare information. The unit covers accounting reports prepared for external users, as well as accounting reports used by managers to plan, control and make decisions. Students will demonstrate skills in accounting techniques used to gain intelligence to plan and control business operations and plan future business activity.
On successful completion of this unit, students will be able to:
- Assess information and business support systems to monitor issues, problems and opportunities affecting business.
- Evaluate accounting information in the planning and control of business operations.
- Analyse financial reports to inform users of business performance and position.
- Verify and synthesise information required for short and long-term decision making relevant to management accounting.
- Articulate and devise problem-solving techniques for making informed management decisions and communicate the outcomes of the decision-making process to diverse stakeholders.
The assessment for this unit has been designed specifically for our online students and will occur at various times across the seven-week study period.
Assessment activities may include essays, reports, case study analysis, tests and quizzes, reflective writing and/or business plans.
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