LB5212 - Accounting and Finance for Managers

Credit points:	03
Year:	2014
Student Contribution Band:	Band 3
Administered by:	School of Business (pre 2015)

This subject provides students with an understanding of the fundamentals of accounting. The aim is to build on basic concepts to develop a clearer understanding of financial statements, their uses and limitations in decision-making. The capacity to analyse financial statements and make decisions based on them will be emphasised. The subject examines decisions on cost structures and the implications for operating leverage and thus the financial statements. An introduction to capital budgeting and the application thereof to various cases is also covered.

Learning Outcomes

• Understand the nature of assets, liabilities and income in the context of the accounting model;
• Develop an understanding of an ability to prepare basic accounting statements such as the statement of financial position and the statement of financial performance;
• Ability to produce and interpret budgets and understand the various ways in which a business assesses capital investments, develop it's capital budget and make long term resource allocation decisions;
• Understand the behaviour of costs and know how to conduct analysis of changes in sales and costs on profits. Understanding operating leverage, its measurement and the impact it has on financial statements through the cost structures as well as the use of cost structures in short-term decision regarding resource usage;
• The ability to analyse and interpret financial statements and understand of the relationship between the different statements.

Inadmissible Subject Combinations:

BU5002 LB5001

Availabilities
Townsville, Internal, Study Period 1
Census Date 27-Mar-2014
Coord/Lect:	Professor Lyndal Drennan.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
Townsville, Internal, Study Period 2
Census Date 28-Aug-2014
Coordinator:	Professor Lyndal Drennan
Lecturers:	Professor Lyndal Drennan, Dr Ray McNamara.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
External, Study Period 2
Census Date 28-Aug-2014
Coord/Lect:	Professor Lyndal Drennan.
Contact hours:	0 hours
Method of Delivery:	WWW - LearnJCU
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
Cairns, Internal, Study Period 1
Census Date 27-Mar-2014
Coord/Lect:	Professor Lyndal Drennan.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
Cairns, Internal, Study Period 2
Census Date 28-Aug-2014
Coord/Lect:	Professor Lyndal Drennan.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
JCU Singapore, Internal, Study Period 51
Census Date 20-Mar-2014
Coordinator:	Professor Lyndal Drennan
Lecturer:	Teik Toe Teoh.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
JCU Singapore, Internal, Study Period 52
Census Date 17-Jul-2014
Coordinator:	Professor Lyndal Drennan
Lecturer:	Teik Toe Teoh.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
JCU Singapore, Internal, Study Period 53
Census Date 13-Nov-2014
Coordinator:	Professor Lyndal Drennan
Lecturer:	Teik Toe Teoh.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
Restrictions:	An enrolment quota applies to this offering.
JCU Singapore, Block, Study Period 55
Census Date 12-Jun-2014
Face to face teaching 03-May-2014 to 17-May-2014 (Sat 3/5, 6/5, 8/5, 11/5, 13/5, 15/5, 17/5, Exam 25/5)
Coordinator:	Professor Lyndal Drennan
Lecturer:	Teik Toe Teoh.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
JCU Brisbane, Internal, Study Period 21
Census Date 17-Apr-2014
Coordinator:	Professor Lyndal Drennan
Lecturer:	Mr Glenn Cruse.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
JCU Brisbane, Internal, Study Period 22
Census Date 14-Aug-2014
Coordinator:	Professor Lyndal Drennan
Lecturer:	Mr Glenn Cruse.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
JCU Brisbane, Internal, Study Period 23
Census Date 11-Dec-2014
Coordinator:	Professor Lyndal Drennan
Lecturer:	Mr Glenn Cruse.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
JCU Brisbane, Block, Study Period 24
Census Date 13-Mar-2014
Face to face teaching (TBA)
Coordinator:	Professor Lyndal Drennan
Lecturer:	Mr Glenn Cruse.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
JCU Brisbane, Block, Study Period 25
Census Date 12-Jun-2014
Face to face teaching 09-May-2014 to 18-May-2014 (9/5, 10/5, 11/5, 16/5, 17/5, 18/5, Exam 5/6/14)
Coordinator:	Professor Lyndal Drennan
Lecturer:	Mr Glenn Cruse.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (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.