LB5212 - Accounting for Managers
| Credit points: | 03 |
| Year: | 2009 |
| Student Contribution Band: | Band 3 |
| Administered by: | School of Business |
This subject is designed to provide an understanding of the principles and applications of accounting in the contemporary business environment. Topics covered will include the preparation and interpretation of basic financial statements, contemporary valuation and reporting challenges, and the role of corporate governance. Throughout the syllabus, emphasis will be placed on the role of the accounting discipline both proactively in managerial decision-making, and also in the assessment of the impact of management decisions on the financial performance and position of the firm. Students enrolling or intending to enrol in the MBA Accounting and Finance major, the Master of Professional Accounting or any associated joint degrees or programs with CPA or ICAA accreditation, must complete CO5117 in lieu of LB5212.
Learning Outcomes
- develop an understanding of the nature of assets, liabilities and income in the context of the accounting equation;
- develop an ability to prepare the following accounting statements: 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 an understanding of cost-volume relationships and preparing basic budgeted financial statements.
Graduate Qualities
- 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 think critically, to analyse and evaluate claims, evidence and arguments, and to reason and deploy evidence clearly and logically;
- The ability to find and access information using appropriate media and technologies;
- The ability to select and organise information and to communicate it accurately, cogently, coherently, creatively and ethically;
- The ability to reflect on and evaluate learning, and to learn independently in a self directed manner;
- The ability to speak and write clearly, coherently and creatively;
- The ability to communicate effectively with a range of audiences;
- The ability to lead, manage and contribute effectively to teams;
- The ability to work with people of different gender, age, ethnicity, culture, religion and political persuasion;
- The ability to select and use appropriate tools and technologies.
| Inadmissible Subject Combinations: | LB5001 and BU5002 |
Availabilities | |
| Townsville, Internal, Study Period 1 | |
| Census Date 27-Mar-2009 | |
| Coordinator: | Mr David Smorfitt |
| Lecturer: | Assoc. Professor Chris Hunt. |
| Contact hours: |
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| Assessment: | end of semester exam (50%); presentations (20%); assignments (30%). |
| Cairns, Internal, Study Period 1 | |
| Census Date 27-Mar-2009 | |
| Coordinator: | Mr David Smorfitt |
| Lecturers: | Mr David Smorfitt, Assoc. Professor Chris Hunt. |
| Contact hours: |
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| Assessment: | end of semester exam (50%); presentations (20%); assignments (30%). |
| JCU Singapore, Block, Study Period 55 | |
| Census Date 01-May-2009 | |
| Face to face teaching 11-Apr-2009 to 11-May-2009 (Block MBA delivery - 2 day early start - 11 March 09-11 April 09) | |
| Contact hours: |
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| Assessment: | end of semester exam (50%); presentations (20%); assignments (30%). |
| JCU Singapore, Block, Study Period 53 | |
| Census Date 20-Nov-2009 | |
| Non-standard start/end 10-Oct-2009 to 05-Feb-2010 | |
| Face to face teaching 10-Oct-2009 to 08-Nov-2009 (Intensive course 10 Oct - 8 Nov 2009) | |
| Coordinator: | Mr David Smorfitt |
| Contact hours: |
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| Assessment: | end of semester exam (50%); presentations (20%); assignments (30%). |
| SIMA S'pore, Block, Study Period 74 | |
| Census Date 29-May-2009 | |
| Face to face teaching 05-Jun-2009 to 14-Jun-2009 (Taught in Mandarin - partner committed to teach subject for these dates as in teach out - exam date 4 July) | |
| Contact hours: |
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| Assessment: | end of semester exam (50%); presentations (20%); assignments (30%). |
| JCU Brisbane, Internal, Study Period 21 | |
| Census Date 17-Apr-2009 | |
| Coordinator: | Mr David Smorfitt |
| Contact hours: |
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| Assessment: | end of semester exam (50%); presentations (20%); assignments (30%). |
| JCU Brisbane, Internal, Study Period 23 | |
| Census Date 11-Dec-2009 | |
| Coordinator: | Mr David Smorfitt |
| Contact hours: |
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| Assessment: | end of semester exam (50%); presentations (20%); assignments (30%). |
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.