Financial Literacy for Business Decisions - ACCT5906

Faculty: UNSW Business School

School: School of Accounting

Course Outline: ACCT5906 Course Outline

Campus: Sydney

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Excluded: COMM0028

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.


Making sound business decisions depends on the evaluation and analysis of information. Given the frequent expression of information in monetary terms, financial literacy is a key element in creating value or identifying value opportunities. This course introduces accounting as the language of business and as a tool to be used by managers within the organisation and by external parties including shareholders and creditors.

The core aspects of management accounting and financial accounting are integrated and applied to significant issues as students will encounter them in business. Topics include the development of an appropriate business plan for the entity; costing and pricing; performance measurement; and the construction and use of published financial statements.
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