Course Title: Accounting in Organisations and Society

Part A: Course Overview

Course Title: Accounting in Organisations and Society

Credit Points: 12


Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

ACCT1044

East Gippsland TAFE Bairnsdale

Undergraduate

615H Accounting

Face-to-Face

Sem 2 2006,
Sem 1 2008,
Sem 1 2010

ACCT1046

City Campus

Undergraduate

615H Accounting

Distance / Correspondence or Face-to-Face

Summer2017,
Spring2017

ACCT1046

City Campus

Undergraduate

615H Accounting

Face-to-Face

Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009,
Sem 1 2010,
Sem 2 2010,
Sem 1 2011,
Sem 2 2011,
Sem 1 2012,
Sem 2 2012,
Sem 1 2013,
Sem 2 2013,
Summer2014,
Sem 1 2014,
Sem 2 2014,
Spring2014,
Summer2015,
Sem 1 2015,
Sem 2 2015,
Spring2015,
Summer2016,
Sem 1 2016,
Sem 2 2016,
Sem 1 2017,
Sem 2 2017

ACCT2057

Kolej Metropolitan

Undergraduate

615H Accounting

Face-to-Face

Offsh 3 09,
Offsh 1 10

ACCT2060

Singapore Inst of Management

Undergraduate

615H Accounting

Face-to-Face

Offsh 3 09,
Offsh 1 10,
Offsh 1 11,
Offsh 3 11,
Offsh1 12,
Offsh3 12,
Offsh1 13,
Offsh3 13,
Offsh1 14,
Offsh3 14,
Offsh1 15,
Offsh3 15,
Offsh1 16,
Offsh3 16,
Offsh1 17,
Offsh3 17

ACCT2061

Bundoora Campus

Undergraduate

615H Accounting

Internet

Sem 1 2006,
Sem 2 2007

ACCT2105

RMIT University Vietnam

Undergraduate

615H Accounting

Face-to-Face

Viet2 2007,
Viet3 2007,
Viet1 2008,
Viet2 2008,
Viet3 2008,
Viet1 2009,
Viet2 2009,
Viet3 2009,
Viet1 2010,
Viet2 2010,
Viet3 2010,
Viet1 2011,
Viet2 2011,
Viet1 2012,
Viet2 2012,
Viet3 2012,
Viet1 2013,
Viet2 2013,
Viet1 2014,
Viet2 2014,
Viet3 2014,
Viet1 2015,
Viet2 2015,
Viet3 2015,
Viet1 2016,
Viet2 2016,
Viet3 2016,
Viet1 2017,
Viet2 2017

Course Coordinator: Dr Lina Xu

Course Coordinator Phone: +61 3 99251554

Course Coordinator Email: aos.help@rmit.edu.au


Pre-requisite Courses and Assumed Knowledge and Capabilities

None


Course Description

Accounting is a key aspect of your life. In this course you will gain insights into the meaning and role of accounting and of accountants in the larger context of a changing and interconnected world of people, organisations and the changing planet upon which we live.

You will develop an understanding of key ideas or concepts which you will reflect upon and appreciate that accounting goes beyond the technical aspects to recognise its strong influence in organisations and society. The course structure, content and learning activities provide you with an understanding of accounting’s pervasive and transformative role as a social practice and organisational driver. You will learn that environments, ideas, values and so forth change; that the world is interconnected; that the planet is a key resource; and that people are affected and influenced by the information they receive and the way it is presented.


Objectives/Learning Outcomes/Capability Development

.


Objectives/Learning Outcomes

On successful completion of this course you will be able to:

  1. Describe and explain the relationship between organisational responsibilities, organisational accountability, and accounting.
  2. Justify why different perspectives of the roles of organisations within society will in turn influence the types of ‘accounts’ we would expect an organisation to produce.
  3. Explain the role of accounting in managing a business or organisation including the concept of   ‘resources’ of a business and how  a ‘cost’ might be placed on the use of such resources.
  4. Identify and justify various approaches to measuring the performance of an organisation inclusive of financial performance, social performance, and environmental performance.
  5. Interpret and analyse a range approached to providing accountability including measuring the performance of an organisation inclusive of financial performance, social performance, and environmental performance.
  6. Analyse case studies to identify instances that justify accounting is both a technical and a social practice in a changing and interconnected world.


Overview of Learning Activities

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include case studies, quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.

Learning activities will include:

  • Attending and participating in  lectures and tutorials
  • Completing prescribed reading, selected exercises, discussion questions
  • Relating course material to practical examples in business

You will be required to engage in certain learning activities (e.g. prescribed reading, completion of exercises and preparation of discussion questions) prior to attending class each week. This ensures that valuable discussion, extension of concepts and issues requiring clarification can be attended to in class time.


Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Blackboard. In addition to topic notes; assessment details and a study schedule you may also be provided with links to relevant online information; readings; audio and video clips and communication tools to facilitate collaboration with your peers and to share information.

Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT library website.

Additional resources and/or sources to assist your learning will be identified by your course coordinator will be made available to you as required during the teaching period.


Overview of Assessment

The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:

Assessment Task 1: 20%
Linked CLOs:1,2
Assessment Task 2: 30% 
Linked CLOs: 2, 3, 4,6
Final Exam: 50% 
Linked CLOs: 1, 2, 5,6

Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.