ACCT 213 - Accounting for Financial Decisions

Note: revised points system being introduced in 2007.

(first semester) 0.15 EFTS 18 points

The objective of this course is to provide students with an understanding of the nature of the firm’s financial decisions and the role which accounting information systems play in them. The course emphasises the accounting inputs to these decisions and the way in which the accounting system is used to monitor decisions. The course focuses upon the structure of accounting data and relationships among them, rather than on calculations.
Extensive use is made of computers and computer software for the building and study of financial decision models. All assignments are completed on Microsoft Excel computer spreadsheets. One of the main benefits of this paper is that students develop a range of advanced spreadsheet skills.

Prerequisites: ACCT 102 & BSNS102 & BSNS106

Class Contact
Lecture: Two 50-minute lectures per week
Tutorial: One 1-hour tutorial per week
Computer lab: One 1-hour lab per week

Objectives
• Decision making within a firm valuation framework.
• The role of spreadsheets in preparing cash budget and forecast of financial statements.
• An ability to understand and interpret financial information, and to critically evaluate the information contained in financial reports.
• Understanding the financial tools and techniques used by managers to help maximise a firm’s values.
• Understand how and why firms make specific investment and financing decisions and how they develop and execute their working capital policies.

Assessment
Tutorial participation 10%
Computer test 30%
Final exam 60%

Readings
Required Text
TBA


Course Outline ACCT213 Course Outline Semester 1 2008


Webpage
Visit the ACCT 213 course webpage