AFIS102-08S1 (C) Semester One 2008

Accounting and Financial Information

18 points

Details:
Start Date: Monday, 25 February 2008
End Date: Sunday, 29 June 2008
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 9 March 2008
  • Without academic penalty (including no fee refund): Sunday, 25 May 2008

Description

An introduction to business information; financial reports; emerging issues in reporting; cost/volume/profit analysis, cost flows, budgeting; time value of money, project evaluation and cost of capital.

The course aims to introduce students to the broad functions of accounting within business and society, how accounting information is used, and the information needs of decision makers.
a)  for students who are not intending to major in accounting the course will provide the skills and understanding to read and use accounting information within their specialisations; and
b)  for students intending to major in accounting, the course will provide a broad overview of the range and scope of accounting information within the business environment as a foundation for further study.

Learning Outcomes

Students will develop an understanding of the structure and functions of general purpose financial reports from a reader’s perspective. They will also understand some of the current non-financial reporting issues including reporting for public sector, and the challenges of sustainability within business and society. Students will gain an introductory understanding of management accounting, in particular CVP, cost accounting systems and budgeting and control. Students will also gain an introductory understanding of business finance including the time value of money, risk and return, project evaluation and the cost of capital.

Restrictions

AFIS101, AFIS111, AFIS122, AFIS132, AFIS188.

Course Coordinator

For further information see Department of Accounting and Information Systems Head of Department

Assessment

Assessment Due Date Percentage 
Final Exam 70%
Test 30%

Course links

Course Outline

Notes

Assessment will be by way of a two hour test and a three hour final examination.
The weightings for these assessments will be provided as two options, the student automatically being given the option which yields the higher grade:
a)  test 30% and final examination 70%, or
b)  test 15% and final examination 85%.

45% rule

There is a general departmental requirement that students are required to average not less than 45% in the invigilated component of their assessments in order to pass the course as a whole. ‘Invigilated’ means ‘formally supervised under exam conditions’. This includes items such as term tests, supervised laboratory tests, and in-class tests under supervision.  Excluded items (i.e. uninvigilated) include (group or individual) take home tests, essays, projects, presentations (unless fully supervised and assessed on delivery of presentation only), and assignments.

Indicative Fees

Domestic fee $645.00

International fee $2,685.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Department of Accounting and Information Systems .

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