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Handbook 1997 : Faculty of Science : Information Systems

615-102 Accounting and Finance for Decision Making

Note:

This subject or 306-102 Accounting Concepts or 306-104 Accounting 1B is required for completion of the BIS. Students may not gain credit for both this subject and either 306-102 or 306-104. This subject is regarded as a non-science subject for students enrolled in the single BSc and combined BSc courses.

Credit Points:

12.5

Timetable:

Semester 1

Contact:

Two one hour lectures, a one hour tutorial

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:

A 2 hour end-of-semester examination (80%) and one assignment (20%). Satisfactory completion of this subject requires a pass in the examination.
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Handbook 1997 : Faculty of Science : Information Systems 
Status:                   OFFICIAL 1997
Last Modified:            Wednesday March 12 3:36 pm
SGML to HTML Conversion:  Information Technology Services
Authorised by:            Academic Registrar
Email Enquiries:          Course_Information@registrar.unimelb.edu.au
Copyright © University of Melbourne 1997.