Key facts
UNE unit code: AFM123
*You are viewing the 2026 version of this unit which may be subject to change in future.
- Trimester 1 - On Campus
- Trimester 1 - Online
- Trimester 2 - On Campus
- Trimester 2 - Online
- UNE Sydney Campus
- Armidale Campus
- Yes
- Yes
- Yes
- 6
Unit information
Effective business decision-making is a crucial skill for business graduates to build a successful career in business and accounting. Knowledge in the fields of financial accounting and management accounting aids in making effective business decisions. This unit, combining knowledge in these specific disciplinary areas, provides a strong foundation to help you understand the basics of business decision-making and the role of accounting information in making effective business decisions.
Topic areas include accrual accounting principles to recognise, measure, and record economic transactions, the accounting cycle process, producing basic financial statements, internal controls, receivables, payables and inventory in a business setting, the scope and purpose of management accounting, planning and control, budgeting, job costing and CVP analysis, short- and long-term business decision-making and time value of money.
Offerings
For further information about UNE's teaching periods, please go to Principal Dates.
| Teaching period | Mode/location |
|---|---|
| Trimester 1 | On Campus, Armidale Campus |
| Trimester 1 | On Campus, UNE Sydney Campus |
| Trimester 1 | Online |
| Trimester 2 | On Campus, Armidale Campus |
| Trimester 2 | On Campus, UNE Sydney Campus |
| Trimester 2 | Online |
*Offering is subject to availability
Intensive schools
| Start | Finish | Duration | Attendance | Offerings | Notes |
|---|---|---|---|---|---|
| TBA | TBA | 1 day | Non-Mandatory Intensive School | All offerings | Trimester 1 Non-Mandatory Intensive School - UNE Sydney. If the minimum number of ten (10) student registrations has not been reached at least two weeks prior to the scheduled date, the Non-Mandatory Intensive School will be cancelled. |
| TBA | TBA | 1 day | Non-Mandatory Intensive School | All offerings | Trimester 2 Non-Mandatory Intensive School - UNE Sydney. If the minimum number of ten (10) student registrations has not been reached at least two weeks prior to the scheduled date, the Non-Mandatory Intensive School will be cancelled. |
Enrolment rules
Notes
To study this unit on campus at the UNE Sydney Campus you must be admitted to your course as an on campus student at the UNE Sydney Campus.
Please refer to the student handbook for current details on this unit.
Unit coordinator(s)
Learning outcomes
Upon completion of this unit, students will be able to:
- demonstrate a foundational knowledge of the theory and practice around the accounting cycle, from recording transactions through to preparing financial statements, under the accrual accounting system;
- demonstrate foundational knowledge related to internal controls, receivables, payables and inventory in a retail business setting;
- demonstrate knowledge of the theory and practice of management accounting and apply this to solve business-related problems in areas such as planning and control, budgeting, job costing and CVP analysis, at a fundamental level; and
- demonstrate knowledge of the theory and practice of management accounting in solving business-related problems in the areas of short- and long-term business decision-making and the time value of money, at a fundamental level.
Assessment information
Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
| Title | Must Complete | Weight | Offerings | Assessment Notes |
|---|---|---|---|---|
| Assignment 2 | Yes | 20% | All offerings | Theoretical/Short-Answer and/or practical/exercises/problem-type questions |
| Final Examination - Assurance Task | Yes | 60% | All offerings | Multiple Choice Questions, theoretical/Short-Answer and practical/exercises/problem-type questions There is a supervised exam during the teaching period in which you are enrolled. The exam will be offered online with supervision via webcam and screen sharing technology. Coordinated by UNE Exams Unit. Students must obtain at least 50% on the final exam and at least 50% overall in the unit to secure a Pass or better grade in the unit |
| Quiz | Yes | 20% | All offerings | Theoretical/Short-Answer and/or practical/exercises/problem-type questions |
Learning resources
Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.
Accounting
ISBN: 9781488617362
Miller-Nobles, T., Mattison, B., Matsumura, E. M., Best, P., and Keene, D., Pearson Education 9th ed. 2020
Text refers to: All offerings
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