LB5212 - Accounting for Managers

Credit points:	03
Year:	2010
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 25-Mar-2010
Coordinator:	Mr David Smorfitt
Lecturer:	Ms Michelle Warrington.
Contact hours:	39 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); presentations (20%); assignments (30%).
Cairns, Internal, Study Period 1
Census Date 25-Mar-2010
Coord/Lect:	Mr David Smorfitt.
Contact hours:	39 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); presentations (20%); assignments (30%).
JCU Singapore, Block, Study Period 54
Census Date 07-Jan-2010
Face to face teaching 05-Dec-2009 to 04-Jan-2010 (5 Dec 2009 - 4 Jan 2010)
Coordinator:	Mr David Smorfitt
Contact hours:	39 hours lectures
Assessment:	end of semester exam (50%); presentations (20%); assignments (30%).
JCU Singapore, Block, Study Period 51
Census Date 25-Mar-2010
Face to face teaching 13-Mar-2010 to 04-Apr-2010 (2 weekends 13/14 Mar & 20/21 Mar 2010 - exam 4 Apr 2010)
Coordinator:	Mr David Smorfitt
Contact hours:	39 hours lectures
Assessment:	end of semester exam (50%); presentations (20%); assignments (30%).
JCU Brisbane, Internal, Study Period 22
Census Date 12-Aug-2010
Coordinator:	Mr David Smorfitt
Contact hours:	39 hours lectures
Assessment:	end of semester exam (50%); presentations (20%); assignments (30%).
JCU Brisbane, Internal, Study Period 21
Census Date 15-Apr-2010
Coordinator:	Mr David Smorfitt
Contact hours:	39 hours lectures
Assessment:	end of semester exam (50%); presentations (20%); assignments (30%).
JCU Brisbane, Internal, Study Period 23
Census Date 09-Dec-2010
Coordinator:	Mr David Smorfitt
Contact hours:	39 hours lectures
Assessment:	end of semester exam (50%); presentations (20%); assignments (30%).
JCU Brisbane, Block, Study Period 22
Census Date 12-Aug-2010
Face to face teaching 16-Aug-2010 to 13-Sep-2010
Coordinator:	Mr David Smorfitt
Lecturer:	Ms Sharlene Anderson.
Contact hours:	39 hours lectures
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.