Search : Index : Faculty of Economics and Commerce : Accounting
Next 306-103 Accounting 1A

 306-102 Accounting Concepts

Note

This subject is offered on a full-fee paying basis only during the summer semester. See your home faculty for a fee schedule. Accounting Concepts is a single subject alternative to 306-103 Accounting 1A and 306-104 Accounting 1B. It is a non-specialised subject for students who do not wish to specialise in Accounting. Students may not gain credit for both Accounting Concepts 306-102 and either 306-103 Accounting 1A or 306-104 Accounting 1B.

Credit Points

12.5

HECS Band

2

Coordinator

To be advised

Semester

2, repeat Summer (view timetable)

Contact

Semester 2: Two 1-hour lectures and a 1-hour tutorial a week; Summer Semester: One 3-hour lecture/workshop 2 days per week for 6 weeks

Subject Description

Topics include basic balance sheet and income statement concepts: assets, liabilities, owners' equity, revenue, expenses; the measurement of profit; significant balance sheet and income statement relationships; the nature of depreciation; methods of calculating depreciation; job costing and project accounting; profit measurement in relation to projects; cost/volume/profit analysis as a short-term decision tool; discounted cash flow analysis as a tool for long-run decisions; and basic taxation.

Assessment

A 2-hour end-of-semester examination (80%) and assignments totalling not more than 2000 words (20%). Satisfactory completion of this subject requires a 50% pass in the examination.

Search : Index : Faculty of Economics and Commerce : Accounting
Next 306-103 Accounting 1A
 
Status:                   Official 2001
Last Modified:            Wednesday May 23 22:25
SGML to HTML Conversion:  Information Technology Services
Authorised by:            Academic Registrar
Email Enquiries:          Course_Information@registrar.unimelb.edu.au