Learning outcomes

To successfully complete this unit you will be able to demonstrate you have achieved the learning outcomes (LO) detailed in the below table.

Each outcome is informed by a number of graduate capabilities (GC) to ensure your work in this, and every unit, is part of a larger goal of graduating from ACU with the attributes of insight, empathy, imagination and impact.

Explore the graduate capabilities.

Content

Topics will include:

• Decision making and the roles of accounting for corporate social responsibility
• Financial statements for decision making
• Recording transactions
• Adjusting the accounts
• Completing the accounting cycle
• Accounting for retailing and inventories
• The accounting information system and internal control
• Presentation, analysis and interpretation of financial statements
• Cash management and control
• Receivables
• Inventories
• Accounting for partnership

Learning and teaching strategy and rationale

Practice and applied practical activities are essential for learning accounting. Students are expected to adopt an ‘active’ learning strategy and learn by doing. ACU’s learning & teaching policy focuses on learning outcomes for students in the form of knowledge, capabilities and background. ACU promotes and facilitates learning that is autonomous and self-motivated, is characterised by the individual taking satisfaction in the mastering of content and skills and is critical, looking beneath the surface level of information for the meaning and significance of what is being studied. The practical workshops provide an interactive environment for involving in class discussions and exchange of ideas.

This unit is structured with required upfront preparation before workshops, most students report that they spend an average of one hour preparing before the workshop and one or more hours after the workshop practicing and revising what was covered. The online learning platforms used in this unit provide multiple forms of learning material and preparatory and practice opportunities for students to prepare and revise.

Mode of delivery: 

This unit is offered in different modes depending on the teaching period. This unit is offered in different modes to cater to the learning needs and preferences of a range of participants and maximise effective participation for isolated and/or marginalised groups.

Attendance Mode

In a weekly attendance mode, students will require face-to-face attendance in workshops at specific campus location/s enabling regular physical interaction with teachers and fellow students.

Multi-Mode

In a multi-mode, students will require face-to-face attendance in blocks of time determined by the School. This approach facilitates learning and participation for students with both face-to-face attendance opportunities and virtual learning activities.

Online Mode

Students are required to participate in a series of online interactive workshops which include activities, knowledge checks, discussion and interactive sessions. This approach allows flexibility for students and facilitates learning and participation for students with a preference for virtual learning.

ACU Online

This unit uses an active learning approach to support students in the exploration of knowledge essential to the discipline. Students are provided with choice and variety in how they learn. Students are encouraged to contribute to asynchronous weekly discussions. Active learning opportunities provide students with opportunities to practice and apply their learning in situations similar to their future professions. Activities encourage students to bring their own examples to demonstrate understanding, application and engage constructively with their peers. Students receive regular and timely feedback on their learning, which includes information on their progress.