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AFM217 Financial Management I

Updated: 29 April 2010
Credit Points 6
Offering
Responsible Campus Teaching Period Mode of Study Online Level
Armidale Semester 1 Off Campus C - Internet access required
Armidale Semester 1 On Campus C - Internet access required
Armidale Semester 2 Off Campus C - Internet access required
Intensive School(s)
Start Finish Attendance Notes
06 April 2010 08 April 2010 Non-Mandatory
12 September 2010 14 September 2010 Non-Mandatory
Supervised Exam There is a UNE Supervised Examination held at the end of the teaching period in which you are enrolled.
Pre-requisites 24cp
Co-requisites None
Restrictions AFM101 or AFM317
Notes None
Combined Units None
Coordinator(s) Brent Gregory (bgregory@une.edu.au)
Unit Description

A unit of lectures, tutorials and workshops providing a comprehensive introduction to the theory and practice of financial accounting. Attention is given to the design and operation of procedures to record, store, control and summarise data in accounting systems. Students will attend the AFM101 lectures, workshops and tutorials but may have separate assignments.
Prescribed Material
Mandatory 		Text(s):

Note: Students are expected to purchase prescribed material

Financial Accounting
ISBN: 9781442505087
Horngren, C.T., Best, P., Fraser, D. and Willett, R., Pearson Education 6th ed. 2009
Text refers to: Semesters 1 and 2 , On and Off Campus
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment
Title Exam Length Weight Mode No. Words
Assignment 1 20%
Assessment Notes
Word length not applicable due to the quantitative nature of the assignment.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-4 GA: 1, 2 and 4
Quiz 5%
Assessment Notes
Statistical questions
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1 GA: 1, 4 and 7
Quiz 2 5%
Assessment Notes
Short quiz made up of a series of quantitative and qualitative questions.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-5 GA: 1, 4 and 7
Final Examination 2 hrs 70%
Assessment Notes
Series of quantitative and qualitative questions.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-6 GA: 1, 2 and 7

Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. use the double-entry system for recording the effects of transactions in journals and ledgers;
  2. understand how to prepare financial statements from the accounting records;
  3. process and analyse financial transactions data in merchandising and other complex business environments;
  4. understand the functions and specific uses of accounting information;
  5. evaluate and interpret accounting literature; and
  6. develop an awareness of the distinction and connection between accounting as a discipline and as a social phenomenon.

Graduate Attributes (GA)
Attribute Taught Assessed Practised
1 Knowledge of a Discipline
An introductory command of the financial management discipline will be achieved through knowledge presented in the teaching and learning activities associated with the unit. 		True True True
2 Communication Skills
Written communication skills are taught, assessed, and practiced in the assignment work and online communications. 		True True True
3 Global Perspectives
 True True True
4 Information Literacy
 True True True
6 Problem Solving
 True True True
7 Social Responsibility
 True True True
   

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