Course overview
This course introduces students to both financial accounting and management accounting. It provides an overview of accounting concepts, accounting cycle, and financial statements. Students are also provided with the tools for analysing and interpreting the financial statements of an organisation. Management accounting tools of costing, cost-volume-profit analysis, budgets and variance analysis are explained. The course also discussed performance management, capital investment decisions and accounting for sustainability.
Course learning outcomes
- Explain and apply accounting information to facilitate decision-making.
- Analyse and interpret financial statements.
- Explain the planning and control functions of management accounting and describe management control systems.
- Communicate accounting theories and their applications.