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.