BUSN20026 - Accounting for Business Decisions

General Information

Unit Synopsis

This unit provides you with a fundamental understanding of accounting concepts and practices across various aspects of business operations. You will explore how accounting information is utilised by managers to plan, control, and support business operations and strategic decision-making. A systematic approach to gathering, analysing and reporting financial information is essential for sound business decision-making. In this unit, you will apply theoretical accounting principles to real-world scenarios, analysing information to support decision-making, evaluate historical performance, and plan future activities. The unit covers both financial and management accounting. Financial accounting focuses on producing basic financial statements to analyse the underpinning concepts and accounting procedures. In contrast, management accounting is concerned with controlling cost and profit planning, enabling the application of financial data to support decision-making for routine and non-routine business activities. You will acquire knowledge of accounting terms and practices, ensuring the clear communication of standardised financial and non-financial information to relevant stakeholders. Additionally, you will gain an understanding of accounting practices within ethical, professional, organisational and social contexts.

Details

Level Postgraduate
Unit Level 8
Credit Points 6
Student Contribution Band 10
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

Be Different Intakes

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2025 - Online
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Higher Education Unit Availabilities from Term 1 - 2025

There are no Higher Education availabilities for this unit on or after Term 1 - 2025
Assessment Overview

Recommended Student Time Commitment

Each 6-credit Postgraduate 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. Critical Review 25%
2. Presentation 25%
3. Case Study 50%

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%).

Consult the University’s Grades and Results Policy for more details of interim results and final grades

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Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Critically evaluate the effects that different accounting methods and theories can have on financial decision-making
  2. Apply theoretical and technical knowledge to accounting decision-making in accordance with generally accepted accounting principles in financial reporting and analysis
  3. Evaluate the impact that activities may have on balance sheets and income statements
  4. Examine financial results to assess financial performance

N/A

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4
1 - Critical Review • •
2 - Presentation • • •
3 - Case Study • • • •
Alignment of Graduate Attributes to Learning Outcomes
• Professional Level
• Advanced Level
Graduate Attributes Learning Outcomes
1 2 3 4
1 - Knowledge •
2 - Communication •
3 - Cognitive, technical and creative skills •
5 - Self-management •
6 - Ethical and Professional Responsibility •
Alignment of Assessment Tasks to Graduate Attributes
• Professional Level
• Advanced Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8