LB5001 - Accounting and Financial Management

Credit points:	03
Year:	2005
Student Contribution Band:	Band 2
Administered by:

This subject is designed to provide an understanding of the related applications of accounting and finance in the contemporary environment, as the critical underpinnings of global capital markets. The two fields are related through the calculation and expression of rates of return on capital. The theme of the subject will be the integration of accounting and finance in the market valuation of business organisations. Accounting topics covered will include the preparation and interpretation of the basic financial statements, contemporary valuation and reporting challenges, and the role of corporate governance. Finance topics will address essential concepts such as relations between risk and return, the efficiency of capital markets, organisational financial structures and the role of options in financial management.

Learning Outcomes

• develop an understanding of the nature of assets, liabilities and income in the context of the accounting equation, and develop an understanding and ability to prepare accounting statements such as balance sheet, income statement and cash flow statement;
• develop an understanding of the relevance of corporate governance and multi-stakeholder reporting in modern society;
• develop an ability to analyse and interpret financial statements;
• develop skills in the economic assessments of proposed capital projects;
• develop an understanding of the concepts of risk and return and how they relate to the market valuation of corporate entities.

Graduate Qualities

• The ability to think critically, to analyse and evaluate claims, evidence and arguments;
• The ability to adapt knowledge to new situations;
• The ability to define and to solve problems in at least one discipline area;
• The ability to communicate effectively with a range of audiences;
• The ability to lead, manage and contribute effectively to teams;
• The ability to speak and write logically, clearly and creatively;
• The ability to select and use appropriate IT tools;
• The ability to use and interpret different media;
• The ability to use a variety of media and methods to retrieve, analyse, evaluate, organise and present information;
• The ability to reflect on and evaluate learning processes and products;
• The ability to learn independently and in a self-directed manner;
• A commitment to lifelong learning and intellectual development.

Inadmissible Subject Combinations:

BU5002 and BU5005

Availabilities
, , Study Period 8
Census Date 31-Aug-2005
Face to face teaching 08-Aug-2005 to 23-Sep-2005
Coordinator:	jc131962
Lecturer:	jc158089.
Contact hours:	39 hours
Assessment:	(50%); (30%); (20%).
, , Study Period 8
Census Date 31-Aug-2005
Face to face teaching 08-Aug-2005 to 23-Sep-2005
Coordinator:	jc131962
Lecturer:	afdbs.
Contact hours:	39 hours
Assessment:	(50%); (30%); (20%).
, , Study Period 34
Census Date 30-Nov-2005
Coordinator:	jc131962
Contact hours:	39 hours
Assessment:	(50%); (30%); (20%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.