Accounting 101

This course introduces students to business decision-making. By taking the perspective of a manager students are able to learn about economic, corporate responsibility and legal principles to understand what organisations need to consider and actions they can take.

Required for COMM1110, COMM1150, COMM1170 and COMM1180.

Assessment Structure

35%: Writing Tasks and Problem Sets
15%: Case Study Analysis
50%: Final Examination

COMM 1110 - Evidence-based Problem Solving

Terms Offerings: T1, T2, T3

Prerequisites: None

Delivery: Online/in-person

Class Structure:

2 hour lecture
- 1.5 hour lecture
- 30 minute summation lecture
2 hour tutorial

Course Topics:

Problems and evidence-based problem solving
Problem articulation and disaggregation
Frameworks for Ethical Decision-Making
Understanding Problems – Fact Gathering
Patterns, Biases, Hypothesising Effects
Analysing the Issues – Identifying Causes
Analysing the issues – with Limited Evidence
Problem Solving and Making Decisions
Evaluation and Communication

Overview

Commerce students need to demonstrate problem solving initiative and confidence in their studies and professional careers. Evidence-based Problem Solving introduces students to the fundamentals of a deliberate and structured approach to problem solving, balancing analysis and judgement, to avoid the common pitfalls of problem solving in organisations.

Required for COMM1190.

Assessment Structure

10%: Excel Training Program – Associate level
10%: Excel Training Program – Expert Level
30%: Case Briefing Pack
50%: Case Business Report

COMM 1120 - Collaboration and Innovation in Business

Terms Offerings: T1, T2, T3

Prerequisites: None

Delivery: Online/in-person

Class Structure:

1 hour lecture
- Online Delivery
Weekly Workshops

Course Topics:

Innovation and Creativity
Collaboration
Complex Problems
Creative Abrasion in Innovative Process
Ideation and Prototyping
Engaging with Stakeholders
Value Proposition
Persuasive Communication
Delivering a Solution

Overview

Innovation and collaboration are central to solving complex problems, exploring new strategies and working effectively within an organisation. Focusing on a business’ perspective students are given the opportunity to develop their creative mindset, identify and test different ideas and learn how to present their content in an engaging and persuasive way.

Assessment Structure

20%: Goal Setting
30%: Reflection Report
20%: Problem Definition and Project Plan
30%: Solution Delivery and Project Execution

COMM 1140 - Financial Management

Terms Offerings: T1, T2, T3

Prerequisites: None

Delivery: Online/in-person

Class Structure:

2 hour lecture
- 1.5 hour lecture
- recorded 30 minute summation video
2 hour tutorial

Learning Outcomes:

Introduction to financial management
Measuring & Evaluating Financial Position and Performance
Recoding business transactions
Audit and internal controls
Financial statement analysis
Cash flow statement analysis
Financial applications
Responsible financial management

Overview

This course teaches fundamental skills related to interpreting and analysing reports created by organisations to account for their business activities. It also introduces contemporary extended reporting practices, such as integrated reporting that provides further insight into an organisation’s financial, social, and environmental impact.

Required for COMM1170 and COMM1180.

Assessment Structure

20%: Group assessment and presentation
20%: Online Quiz
10%: Tutorial Participation
50%: Final Exam

Accounting Courses

ACCT 2522 - Management Accounting 1

Terms Offerings: T1, T2

Prerequisites: ACCT1511

Delivery: Online/in-person

Class Structure:

3.5 Contact Hours per week
- Lectures – 2 hrs
- Tutorials – 1.5 hrs

Learning Outcomes:

Reporting and Disclosure of Financial Statements
Effective Resource Management and Process Improvement
The Design and Operation of Management Accounting Systems
Role of management accounting practices

Overview

(Level 2) This course examines management
accounting practices directed towards the effective use of organisational resources in order to create value for customers and shareholders. Providing knowledge about management accounting, which is used to
allocate organisational resources in an efficient and effective way.

Assessment Structure

5%: Homework (Tutorial Questions)
5%: 2 x Online Quiz
40%: 2 x Online Tests
50%: Final Examination

ACCT 2542 - Corporate Financial Reporting and Analysis

Terms Offerings: T2, Summer

Prerequisites: ACCT1511

Delivery: Online/in-person

Class Structure:

3.5 Contact Hours per week
- Lectures – 2 hrs
- Tutorials – 1.5 hrs

Learning Outcomes:

Reporting and Disclosure of Financial Statements
Measurement and Impairment
Business Combinations
Consolidation

Overview

(Level 2) financial accounting course, intended for students who will be involved in the preparation or use of corporate financial reports whether as accountants, financial executives, auditors, financial analysts, actuaries or legal advisors.

Assessment Structure

15%: Online Discussion Forum
15%: Online Discussion Forum Reflection
20%: Online Quizzes
50%: Final Examination

ACCT 3563 - Issues in Financial Reporting and Analysis

Terms Offerings: T1, T3

Prerequisites: ACCT2542

Delivery: Online/in-person

Class Structure:

3.0 Contact Hours per week
- Seminar: 3hrs

Learning Outcomes:

Leases
Share based Payments
Extractive Industries
Biological Assets
Foreign Currency Transaction
Derivative Financial Instruments

Overview

(Level 3) Building on ACCT2542, this diverse course covers topical issues in financial reporting, including share based payments, extractive industries, biological assets, impacts of culture on accounting and more.

Assessment Structure

30%: Online Quizzes
20%: Group Presentation
50%: Final examination