Course Title: Accounting, Accountability and Society

Part A: Course Overview

Course Title: Accounting, Accountability and Society

Credit Points: 12.00


Course Code




Learning Mode

Teaching Period(s)


City Campus


615H Accounting


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,
Sem 1 2014,
Sem 2 2014,
Sem 1 2015,
Sem 2 2015,
Sem 1 2016,
Sem 1 2017,
Sem 2 2017,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019,
Sem 1 2020,
Sem 2 2020


Open Learning Australia

Non Award

615H Accounting

Distance / Correspondence


Course Coordinator: Dr Sonia Magdziarz

Course Coordinator Phone: +61 3 9925 5737

Course Coordinator Email:

Course Coordinator Location: Building 80, Melbourne City Campus

Course Coordinator Availability: via email

Pre-requisite Courses and Assumed Knowledge and Capabilities


Course Description

Accounting, Accountability and Society is a foundation course that lays the basis for further study in financial management and accounting. You will learn about the role that accounting plays in terms of an aid to financial decision making; accounting information systems including accounting recording and reporting systems in the organisational environment and the role of accounting in its social context. This course will begin your preparation for your future role in accounting practice by providing an understanding of many of the major conceptual and measurement issues surrounding financial recording and reporting and the practical issues related to business recording systems. There is a strong emphasis on the development and/or enhancement of team work skills in this course.

Objectives/Learning Outcomes/Capability Development


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

  1. Demonstrate basic recording and reporting techniques commonly used in business with an attention to detail.
  2. Outline the basic features of different types of business structures.
  3. Interact and collaborate with others effectively, including in teams, in the workplace, and in culturally or linguistically diverse contexts.
  4. Identify and explain environmental variables which affect and/or influence the measurement and/or reporting of financial information.
  5. Use various analysis tools to aid analysis and interpretation when making decisions.
  6. Outline the need for financial information as a basis for decision making in different contexts.

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 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.

Overview of Learning Resources

Various learning resources are available online through myRMIT Studies\Canvas. 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. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

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

Overview of Assessment

The assessment alignment list below shows the assessment tasks against the learning outcomes they develop.

Assessment Task 1: 10%
Linked CLOs: 1, 2, 3, 4, 5, 6

Assessment Task 2: 40% 
Linked CLOs: 1, 2, 3, 4, 5, 6

Assessment Task 3: 50%
Linked CLOs: 1, 2, 4, 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.