Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

Click on an offering mode for more details.

Unit Overview


The unit focuses on the nature and scope of business reporting and the need for financial and non-financial information for business decision-making. It provides students with fundamental financial management knowledge in the contemporary business environment. The unit commences with an introduction to the use of business reports and the role of accounting in decision making for various users. Financial reports are then discussed, with a focus on the preparation and analysis of financial statements from the perspectives of business report users (stakeholders). The unit also includes an introduction to the basic financial decision tools, the use of past and future-oriented information, capital budgeting techniques and the application of cost-volume-profit analysis.Limitations of financial data will also be discussed in the unit.

6 points
(see Timetable)
Semester 2UWA (Perth)Face to face
Semester 2AlbanyFace to face
Details for undergraduate courses
  • Level 1 core unit in the Agribusiness and Agricultural Science; Agribusiness major sequences

Students are able to (1) explain the role of accounting in decision making for various users.; (2) explain the difference between income, expenses, assets, liabilities and equity.; (3) describe the characteristics of business transactions and the concept of duality.; (4) apply principles of financial statement analysis for decision making purposes; (5) explain the role of cost-volume-profit techniques on profit planning; (6) explain the nature and scope of investment decisions and understand three principal capital budgeting techniques; (7) described the importance of appropriate methods of financing the business and describe short and long-term methods of finance.; and (8) describe the limitations of financial information..


Indicative assessments in this unit are as follows: (1) quizzes; (2) group assignment including presentation; and (3) student reflection. Further information is available in the unit outline.

Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)
Dr Nikki Schonfeldt
Unit rules
Enrolment in
, one level 1 6 points Unit(s) ACCT1101 Financial Accounting
Successful completion of
, one level 1 6 points Unit(s) ACCT1101 Financial Accounting
Contact hours
Up to 3 hours per week

Accounting: Business Reporting for Decision Making, 7th Edition (Birt, Bond, Chalmers, Brooks, Oliver)

  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.
  • Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.