Details for Introduction to Accounting & Bookkeeping

Do you want to manage your business well? Do you want to be a good steward with the money you have?

This subject allows managers and students from a non-accounting background to gain a practical understanding of accounting and finance. Complicated problems are explained using a step-by-step approach so that students from all educational backgrounds will grasp even the most difficult accounting and financial concepts.


Quick Info

  • Currently offered by Alphacrucis: Yes
  • Course code: ACC001
  • Credit points: 8
  • Subject coordinator: Keith McPherson

Awards offering Introduction to Accounting & Bookkeeping

This unit is offered as a part of the following awards:

Unit Content

Outcomes

  1. Apply the essential numerical skills required for bookkeeping and accounting;
  2. Explain the relationship between the accounting equation and double-entry bookkeeping;
  3. Demonstrate an understanding of the importance of recording transactions in the appropriate accounts using the double-entry bookkeeping system;
  4. Demonstrate the ability to interpret balance sheets and profit and loss accounts.

Subject Content

  1. Introduction to accounting and bookkeeping
  2. Business structures and transactions
  3. Balance sheets and income statements
  4. Budgeting
  5. Costing and pricing

This course may be offered in the following formats

  • Face to Face
  • E-learning (online)

Please consult your course prospectus or enquire about how and when this course will be offered next at Alphacrucis College.

Assessment Methods

  • Tests (Accumulative) (40%)
  • Manual Accounting Practice Set (30%)
  • Final Exam (90 mins) (30%)

Prescribed Text

Barristutta, S, Accounting for Non Accountants, 1st Ed, South Melbourne, VIC: Cengage Learning Australia, 1998.