Unit Synopsis
This unit introduces you to the role of accounting in business and to key financial and management accounting concepts. You will be given a different listed company and are introduced to the actual financial statements of your firm, completing simple analyses of your firm's financial statements using Excel. You will also be supported to develop your skills to learn more effectively and to communicate and collaborate online.
Details
| Level | Undergraduate |
|---|---|
| Unit Level | 1 |
| Credit Points | 6 |
| Student Contribution Band | SCA Band 4 |
| Fraction of Full-Time Student Load | 0.125 |
| Pre-requisites or Co-requisites |
There are no pre-requisites for the unit.
Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework). |
| Class Timetable | View Unit Timetable |
| Residential School | No Residential School |
Unit Availabilities from Term 1 - 2026
Attendance Requirements
All on-campus students are expected to attend scheduled classes - in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).
Recommended Student Time Commitment
Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.
Assessment Tasks
| Assessment Task | Weighting |
|---|---|
| 1. Written Assessment | 40% |
| 2. Written Assessment | 60% |
This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).
Past Exams
All University policies are available on the Policy web site, however you may wish to directly view the following policies below.
This list is not an exhaustive list of all University policies. The full list of policies are available on the Policy web site .
Term 1 - 2025 : The overall satisfaction for students in the last offering of this course was 80.00% (`Agree` and `Strongly Agree` responses), based on a 8.86% response rate.
Feedback, Recommendations and Responses
Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.
Source: Internal staff discussions
Formal Student Consultation times may assist some students to better communicate with the Unit Coordinator, particularly those with personal or other issues they may wish to discuss with the Unit Coordinator on a one-to-one basis.
To further assist students to interact well with the Unit Coordinator, online Student Consultation times will be provided. This will be particularly designed to assist students with personal or other issues with an easy way to communicate with the Unit Coordinator on a one-to-one basis.
This was implemented.
Source: Student comments with the Unit Coordinator
An early evening time for the online tutorial may assist students with a range of outside obligations to be able to attend class.
To assist students with a range of outside obligations to be able to attend class, an early evening time for the online tutorial will be trialed to gauge the level of interest for a class at this time.
This was implemented, but did not prove popular with students.
Source: Student feedback
Students suggested some incremental improvements to the Company Spreadsheet template used in the unit to make it more user-friendly.
The UC will make some adjustments to the Company Spreadsheet to assist with its use by students.
In Progress
Source: Student feedback
Some students requested that recordings of the workshops be made available as soon as possible each week after the online classes.
The UC will seek to edit and load video recordings of the workshops by the morning of the day after each week's workshop in Term 1. These recordings for all weeks will then be provided in Terms 2 and 3 at the beginning of term.
In Progress
On successful completion of this unit, you will be able to:
- Explain the main types of financial statements
- Discuss the usefulness of accounting information to management
- Use accounting information to analyse the performance of a business
- Use Excel to perform simple manipulation and analysis of accounting-related information
- Develop skills to learn more effectively and better communicate and collaborate online.
N/A
| Assessment Tasks | Learning Outcomes | ||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |
| 1 - Written Assessment | • | • | • | • | |
| 2 - Written Assessment | • | • | • | • | |
| Graduate Attributes | Learning Outcomes | ||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |
| 1 - Communication | • | • | |||
| 2 - Problem Solving | • | ||||
| 3 - Critical Thinking | • | ||||
| 5 - Team Work | • | ||||
| 6 - Information Technology Competence | • | ||||
| Assessment Tasks | Graduate Attributes | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 10 | |