Swinburne University of Technology - Melbourne Australia
Future Students - Courses
Duration
Contact Hours
Campus
Prerequisite
Corequisite
7 Weeks (block mode) or 1 Semester (12 weeks)
36 hours of contact in weekly or block mode
Hawthorn
Nil
Credit Points: 12.5 Credit Points
A unit of study in the nested postgraduate Accounting suite, the Master of Information Systems Management/Master of Professional Accounting and the Master of Professional Accounting Global Leadership Program.
To enable students to design, operate and control a simple accounting system, whether manual or computer-based, that provides an efficient and effective flow of financial information. To reinforce the theoretical concepts and to provide a practical demonstration of their mastery of the concepts, students are required to prepare a set of accounting records and financial statements for a small business, using both manual and computer-based systems.
A range of teaching methods will be used, including seminars, lectures, tutorials, classes and computer laboratories.
Mid-semester Test 10%, Practice Set Assignment 20%, Final Exam 70%
Swinburne University of Technology works to produce higher education graduates who are capable in their chosen profession. Learners bring to Swinburne University of Technology a diverse wealth of experiences and graduate with individual understandings, abilities and attitudes. Within this context it is the intent of Swinburne that its higher education graduates possess the following indicative characteristics: They are capable in their chosen professional, vocational or study areas. They are informed and knowledgeable in the area. They have pertinent skills and abilities. They display attitudes appropriate to the professional area. They understand the relationship between theory and practice. They operate effectively and ethically in work and community situations. They have the ability to work both independently and collaboratively. They are adaptable and manage change. They are self-motivated. They are aware of local and international environment in which they will be contributing (eg socio-cultural, economic, natural). They have a broad understanding of the role of technology in our society.
The main topics covered in this unit of study are: Double entry accounting. Manual recording. Computerised recording using QuickBooks 2005/6. Balance day adjustments. General and special journals. Internal control of working capital. Ethical considerations of business. Receivables and Liabilities. Internal control of non-current assets. Revaluation and disposal of non-current assets. Cash control. Accounting for manufacturing businesses. Inventory recording and valuation. Business ownership, Profit distribution for Companies. The computerised processing of information is examined with the accounting package QuickBooks 2005/6 Student Version.
Hoggett, J, Edwards, L & Medlin J 2006, Accounting, 6th edn, John Wiley & Sons, Milton, Qld. Jackling, B, Raar, J, Wigg, R, Williams, B & Wines, G 2003, Accounting: A framework for decision making, McGraw Hill.
