Financial and Management Accounting

10 Units

This course introduces accounting and financial management to non-accountants. It aims to provide an understanding of the main accounting concepts and the practical use of accounting and financial information for decision making and the achievement of business goals.

Faculty Faculty of Business and Law
School Newcastle Business School
Availability Trimester 3 - 2018 (Online)
Trimester 1 - 2018 (Newcastle City Precinct)
Trimester 1 - 2018 (Sydney Elizabeth Street)
Trimester 2 - 2018 (Newcastle City Precinct)
Trimester 2 - 2018 (Sydney Elizabeth Street)
Trimester 1 - 2018 (Online)
Learning Outcomes

On successful completion of this course, students will be able to:

  1. Demonstrate knowledge of the main principles behind the preparation and interpretation of financial statements;
  2. Analyse the cash flow, financial performance and financial position of a business using published financial statements;
  3. Explain the ways in which accounting contributes to management decision making;
  4. Apply cost-volume-profit analysis;
  5. Apply cost accounting concepts in decision making;
  6. Construct and analyse budgets;
  7. Demonstrate knowledge of the application of capital budgeting methods;
  8. Demonstrate the importance of working capital management;
  9. Identify the relationship between gearing and financing decisions.

The topics in this course include the following:

  • Introduction to Accounting
  • Measuring and Reporting Financial Position, Financial Performance and Cash Flow
  • Analysis and Interpretation of Financial Statements
  • Reporting for Limited Companies
  • Social context of accounting
  • Cost Volume Profit Analysis, Marginal Analysis and Costing
  • Budgeting and Working Capital Management
  • Introduction to Investment and Financing Decisions
Assessment Items
  • Quiz: In Class Quiz
  • Project: Presentation - Group Project
  • Formal Examination: Final examination

Contact Hours

Newcastle City Precinct, PSB Singapore, Sydney Elizabeth Street and Online


Face to Face On Campus 3 hour(s) per Week for Full Term

Online Activity

Online 3 hour(s) per Week for 12 Weeks starting week 1


Face to Face On Campus 2 hour(s) per Term Full Term
tutorials in weeks 6 & 10

Timetable 2018 Course Timetables for GSBS6200
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