Visit ECU Homepage
This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.
This unit provides graduates of other disciplines with an introduction to accounting and lays the foundation for further accounting units. Students will gain an understanding of the fundamental accounting concepts and principles and apply them to prepare and interpret financial statements. The unit focuses on developing the technical skills to account for sole proprietorship, partnership, and corporate forms of business entities at an introductory level.
On completion of this unit students should be able to:
On-campus students are expected to participate actively in weekly lectures and tutorials and access online materials regularly through Blackboard. Critical thinking and problem solving skills are developed when students apply accounting concepts and techniques to work examples. Communication and presentation skills of students are enhanced through presentations. The assignment requires students to work collaboratively in small groups to prepare a company's financial statements using computerised accounting software systems. Students are expected to apply appropriate accounting concepts and basic computer knowledge such as Word, Excel and MYOB accounting software to analyse and interpret results from the financial statements. Students will provide recommendations for business improvement based on their analysis of the company's business performance by preparing a formal business report. Students studying the unit using an online mode work through a study program with resources provided online via Blackboard. Students are required to review learning materials each week and to complete assigned questions on each topic. Regular online access is required. The assignment aims to equip students with good problem solving and critical thinking skills when they apply accounting concepts and knowledge to analyse financial reports. Students are expected to demonstrate clarity of communication and analytical skills in the written report of the assignment.
GS1 GRADING SCHEMA 1 Used for standard coursework units
Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.
| Type | Description | Value |
|---|---|---|
| Participation | Participation | 10% |
| Test | Progression Test | 15% |
| Assignment | MYOB computerised practice set & report * | 25% |
| Examination ^ | Final Examination | 50% |
| Type | Description | Value |
|---|---|---|
| Participation | Participation | 10% |
| Test | Progression Test | 15% |
| Assignment | MYOB computerised practice set & report * | 25% |
| Examination ^ | Final Examination | 50% |
^ Mandatory to Pass
* Assessment item identified for English language proficiency
For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.
Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:
Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.
The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.
ACC6010|1|1
This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.
This unit provides graduates of other disciplines with an introduction to accounting and lays the foundation for further accounting units. Students will gain an understanding of the fundamental accounting concepts and principles and apply them to prepare and interpret financial statements. The unit focuses on developing the technical skills to account for sole proprietorship, partnership, and corporate forms of business entities at an introductory level.
On completion of this unit students should be able to:
On-campus students are expected to participate actively in weekly lectures and tutorials and access online materials regularly through Blackboard. Critical thinking and problem solving skills are developed when students apply accounting concepts and techniques to work examples. Communication and presentation skills of students are enhanced through presentations. The assignment requires students to work collaboratively in small groups to prepare a company's financial statements using computerised accounting software systems. Students are expected to apply appropriate accounting concepts and basic computer knowledge such as Word, Excel and MYOB accounting software to analyse and interpret results from the financial statements. Students will provide recommendations for business improvement based on their analysis of the company's business performance by preparing a formal business report. Students studying the unit using an online mode work through a study program with resources provided online via Blackboard. Students are required to review learning materials each week and to complete assigned questions on each topic. Regular online access is required. The assignment aims to equip students with good problem solving and critical thinking skills when they apply accounting concepts and knowledge to analyse financial reports. Students are expected to demonstrate clarity of communication and analytical skills in the written report of the assignment.
GS1 GRADING SCHEMA 1 Used for standard coursework units
Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.
| Type | Description | Value |
|---|---|---|
| Participation | Participation | 10% |
| Test | Progression Test | 15% |
| Assignment | MYOB computerised practice set & report * | 25% |
| Examination ^ | Final Examination | 50% |
| Type | Description | Value |
|---|---|---|
| Participation | Participation | 10% |
| Test | Progression Test | 15% |
| Assignment | MYOB computerised practice set & report * | 25% |
| Examination ^ | Final Examination | 50% |
^ Mandatory to Pass
* Assessment item identified for English language proficiency
For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.
Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:
Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.
The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.
ACC6010|1|2