Faculty of Business and Economics

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Monash University Handbook 2011 Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Business and Economics
OfferedGippsland First semester 2011 (Off-campus)


The accounting process required to prepare financial reports and the elements of these reports including assets, liabilities, equity, revenue and expenses. Students learn to classify economic transactions into appropriate accounts and calculate ratios for analysis.


The learning goals associated with this unit are to:

  1. analyse and discuss the role of accounting in business and its theoretical framework
  2. develop skills in the analysis of accounting transactions and events, recording entries in both manual and computer based ledger systems, and in the production of balance sheets statements of changes in owners equity, income statements and cash flows
  3. apply an analytical approach to problem-solving both in the preparation of financial statements and in their use to assist in decision-making
  4. analyse financial statements for profitability and risk
  5. demonstrate competence in business communications through oral and written assessments.


Within semester assessment: 30%
Examination (3 hours): 70%