Year No. Offer Mode Description Cred. Pts 99 51190 S1 X ACCOUNTING CONCEPTS 1.00
This unit introduces students to the complex world of commerce, focussing on practices, concepts and terminology used in accounting, finance, economics, and taxation law. Accounting Concepts emphasises practical and functional effects on business decisions stemming from law (taxation) management policies (costing and budgetary) accounting (without the debits and credits) and finance (including how to efficiently borrow money and understanding the Stock Exchange). Students looking for a challenge and insight into the business world would benefit from participation in this unit, which has been specifically written for non-commerce students. Therefore it is not available for credit to students in the Bachelor of Commerce.
Completion of this unit should enable students to:
Description Weighting(%)
- The Accounting Environment 10.00
- Outputs from the Accounting Process 20.00
- Financial Statement Analysis 15.00
- Sources and Uses of Finance 10.00
- The Stock Exchange 5.00
- Management Using Accounting Controls 20.00
- Working Capital Management 10.00
- Taxation 10.00
Atrill P, and McLaney E, (1996), `Financial Accounting for Non-
Specialists', Prentice Hall, Sydney.
Cooper B, Leung P, Matthews L, and Carlston P, (1997), `Accounting
and Finance for Managers', John Wiley and Sons, Brisbane.
Wells P K, Dixon B R, (1996), `Accounting Principles' (2nd edn),
Paul Longman Ltd, New Zealand.
Kinserdal A, (1995), `Financial Accounting: An International
Perspective', Pitman Publishing, London.
Dyson J R, (1991), `Accounting for Non-Accounting Students', (2nd
edn), Pitman Publishing, London.
Newman R L, (1994), `Accounting Concepts for Managers', Longman
Cheshire, Melbourne.
Porter G A, Norton C L, (1996), `Financial Accounting: The Impact on
Decision Makers', The Dryden Press, Fort Worth.
ACTIVITY HOURS Directed Study 52 Private Study 93 Assessments 20
No *F/S Marks Due Description Wtg(%) LBL WWW 1 S 20.00 29/03/99 ASSIGNMENT 1 20.00 Y N 2 S 20.00 04/05/99 ASSIGNMENT 2 20.00 Y N 3 S 100.00 END S1 3 HOUR EXAMINATION 60.00 N N
1 TO GAIN A PASSING GRADE IN THE UNIT A STUDENT MUST: a) obtain a
passing mark in aggregate for the unit's assessment items, AND b)
obtain a passing mark in the formal exam, AND c) submit genuine
attempts for the following MANDATORY items of assessment
ASSIGNMENTS & CMLS.
2 Students must retain a copy of all pieces of assessment which
must be produced if/when required by the lecturer.
3 LATE ASSIGNMENTS
3.1 All assessments submitted after the due date (and not approved
for extension) in accordance with university policy will be
penalised 20% per working day.
3.2 If students submit assignments after the due date and wish to
claim extenuating circumstances then they shall provide validated
documentary evidence with the assignment, explaining the
circumstances.
3.3 The unit examiner shall consider the statement accompanying a
late assignment and decide on the outcome.
4 Assignments not submitted in the appropriate assignment folders
will be deemed as not being received.
5 DISHONEST ACTIONS
5.1 Any student who is alleged to having performed a dishonest action
relating to any assessment in the unit will have a course of
action taken against him/her as outlined in the Academic
Regulations.
5.2 Pieces of assessment should be the work of individual students.
Joint pieces of assessment are not permitted unless written
approval has been obtained from the unit leader.
5.3 Dishonest action in relation to assessment includes: - copying or
attempting to copy the work of others; - use of or attempting to
use information prohibited from use in that form of assessment; -
submitting the work of another as your own; - consciously
committing acts of plagiarism, ie taking and using another's
thoughts or writings as one's own with intent to deceive, which
occurs when paragraphs, sentences, a single sentence or
significant parts of a sentence which are copied directly, are
not enclosed in quotation marks and appropriately footnoted or
referenced in the text; direct quotations are not used, but text
is paraphrased or summarised, and the source of the material is
not acknowledged by footnoting or other reference in the text.
6 DEFERRED EXAMINATIONS
6.1 Deferred examinations will be granted at the Dean's discretion in
the case of medical or compassionate circumstances having regard
to item 1. If a deferred examination has been granted students
shall normally sit the deferred examination in the semester in
which the unit is offered, BUT NO LATER THAN THE NEXT SEMESTER 3
EXAMINATION PERIOD. If, for whatever reason, this deferred
examination is not taken then the student will be graded `F'.
6.2 Medical evidence on the appropriate University of Southern
Queensland medical certificate or doctor's certificate must be
received by the Faculty Administrator no later than twenty-one
(21) days after examination date. A medical certificate must be
dated with the same date as the period of illness for which the
absence from examination is being sought and clearly indicate the
student's name and, if possible, student number. (Retrospective
medical certificates will not be accepted for either assignment
work or examinations.)
6.3 A student's medical condition must be stated clearly (IN
ENGLISH). (Certificates stating a student has a `Medical
Condition' may not be sufficient grounds for deferment of
examination). Medical evidence must cover the student for the
day(s) of the missed examination(s).
6.4 Requests must be in writing to the Faculty Administrator clearly
stating the student name and number, unit number of the
examination missed due to illness and current address. Deferral
of an examination CANNOT be granted on an existing deferral in
that unit.
6.5 Requests on grounds other than medical MUST BE supported by
documentation.
6.6 Students who have a medical condition or have genuine
compassionate or work related problems on the day of the
examination are advised to obtain documentary evidence and NOT
attempt the examination. If a student makes an attempt at the
examination, the assessment item will be marked and a grade
awarded. In these cases, a student cannot, after receiving a
`Fail' grade, request a deferred examination or special
consideration.
6.7 Students who have been granted deferred examinations will not be
granted a waiver of prerequisites, without the permission of the
Heads of Department, in subsequent semesters (if they do not have
a passing grade).
7 Unit weightings of topics should not be interpreted as applying
to the number of marks allocated to questions testing those
topics in an examination paper. The examination may test material
already tested in assignments.
8 Mechanised erasers, mobile telephones and other electronic media
are not permitted in exam venues.
9 The examination will be restricted. Students will be allowed to
bring a quiet, battery-operated non-programmable calculator into
the examination. Dictionaries are NOT to be used in the
examination.
10 Students should also refer to the Faculty of Commerce `Guide to
Policies and Procedures' section of the University Handbook for
further information on the above matters.
11 THIS UNIT IS NOT AVAILABLE TO STUDENTS ENROLLED IN THE BACHELOR
OF COMMERCE DEGREE.