8 Weeks

35 Hours

External Venue

HBCO400 Accounting Fundamentals

Nil

Credit Points: 12 Credit Points

Related Course/s:

A unit of study in the Graduate Certificate of International Accounting (Stage 1) 

Aims & Objectives:

This unit aims to introduce students to a variety of quantitative tools and techniques that assist in the business decision making process. Emphasis is placed on analysing business problems and determining which mathematical or statistical techniques should be applied to solve the problems, prior to interpretation of the results. The subject also develops in students an understanding of the main principles in finance and relates them to the firm’s decision-making processes and performance evaluation. Case studies are considered and financial and statistical calculators together with software such as MS Excel are used. In addition, students will develop non-technical report writing skills that will assist and encourage communication and discussion in the business context.

Teaching Methods:

Lecture and Tutorial

Assessment:

Final examination 70%, Assignment 25%, Class participation 5%.

Generic Skills Outcomes:

Content:

• Introduction to Finance
• Financial Mathematics
• Introduction to probability
• Descriptive statistics
• Time series analysis
• Inventory management
• Valuation using DCF
• Valuation of Stocks and Bonds
• Capital Investment – Project Analysis Techniques
  

Reading Materials:

Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.