Handbook 1996 : Faculty of Science (Volume 4 page 199)
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615-102 Accounting and Finance for Decision Making

Note: This subject or 306-102 (Accounting Concepts) or 306-103 (Accounting 1A) is required for completion of the BIS. Students may not gain credit for both this subject and either 306-102 or 306-103.

Credit points: 12.5

Coordinator: To be announced.

Contact: Two one hour lectures, a one hour tutorial, and a one hour workshop each week.

Timetable: Semester to be advised

Objectives:

At the completion of this subject, students should:

• understand accounting concepts and terminology;
• be able to understand and make use of published and internal financial statements;
• be able to use discounted cash flow and other financial techniques for evaluating technology investments;
• understand the uses, role, and nature of accounting systems for control, reporting, management information, and short- and long-term decision making.

Content:

This course equips information systems students with a basic understanding of the principals, and the shortcomings, of accounting so that they can contribute to the justification and development of organisational information systems.

Topics will include the conceptual framework for accounting (double entry and matching, assets and liabilities, income and expense, profit, cash flow); the structure and use of financial statements; and discounted cash flow for decision making (net present value, internal rate of return, hurdle rate, risk premium).

Assessment:

Three-hour end of semester written examination; weekly written assignments of approximately one hour each; individual project of approximately ten hours. The weighting of assessment components will be announced at the commencement of the subject.

Information Systems subject : Next:615-120 | Search | Help
Handbook 1996 : Faculty of Science (Volume 4 page 199)

Status:          Official 1996
Date created:    Oct  9 1995
Last modified:   Oct  9 1995
Authorised by:   Academic Registrar
Email enquiries: Course_Information@registrar.unimelb.edu.au

Copyright © University of Melbourne 1995,1996.