51190 ACCOUNTING FOR DECISION-MAKING

FACULTY OF COMMERCE 2001

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Credit Points 1.00

Synopsis

This  unit  introduces students to the complex world of  commerce.  It
emphasises  the practical and functional nature of business  decisions
from  the perspective of financial accounting; managerial costing  and
budgetary policies; investing; and financing of business operations.

Designed  to  provide  a solid foundation for further  study  in  both
accounting and non-accounting disciplines, the unit provides a logical
introduction to the accounting environment and to the common financial
accounting  (external)  reports and management  accounting  (internal)
tools used for decision-making purposes. As it is important to develop
an  understanding not only of how the accounting reports are used, but
how   they  are  derived,  the  unit  also  addresses  the  procedures
underlying their preparation.