Course Title: Accounting in Organisations and Society

Part A: Course Overview

Course Title: Accounting in Organisations and Society

Credit Points: 12.00

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, Sem 1 2018, Sem 2 2018, Sem 1 2019, Sem 2 2019, Sem 1 2020, Sem 2 2020, Sem 1 2021, Sem 2 2021
ACCT1046	City Campus	Undergraduate	665H Accounting, Information Systems and Supply Chain	Face-to-Face	Sem 1 2022, Sem 2 2022, Sem 1 2023, Sem 2 2023, Sem 1 2024, Sem 2 2024, Sem 1 2025
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, Offsh1 18, Offsh3 18, Offsh1 19, Offsh3 19, Offsh1 20, Offsh3 20, Offsh1 21, Offsh3 21
ACCT2060	Singapore Inst of Management	Undergraduate	665H Accounting, Information Systems and Supply Chain	Face-to-Face	Offsh1 22, Offsh3 22, Offsh1 23, Offsh3 23, Offsh1 24, Offsh3 24, Offsh1 25
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, Viet3 2017, Viet1 2018, Viet2 2018, Viet3 2018, Viet1 2019, Viet2 2019, Viet3 2019, Viet1 2020, Viet2 2020, Viet3 2020, Viet1 2021, Viet2 2021, Viet3 2021
ACCT2105	RMIT University Vietnam	Undergraduate	665H Accounting, Information Systems and Supply Chain	Face-to-Face	Viet1 2022, Viet2 2022, Viet3 2022, Viet1 2023, Viet2 2023, Viet3 2023, Viet1 2024, Viet2 2024, Viet3 2024, Viet1 2025
ACCT2301	RMIT Vietnam Hanoi Campus	Undergraduate	615H Accounting	Face-to-Face	Viet3 2019, Viet1 2020, Viet2 2020, Viet3 2020, Viet1 2021, Viet2 2021, Viet3 2021
ACCT2301	RMIT Vietnam Hanoi Campus	Undergraduate	665H Accounting, Information Systems and Supply Chain	Face-to-Face	Viet1 2022, Viet2 2022, Viet3 2022, Viet1 2023, Viet3 2023, Viet1 2024, Viet2 2024, Viet3 2024

Flexible Terms

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
ACCT1046	City Campus	Undergraduate	615H Accounting	Face-to-Face	UGRDFlex17 (ZZZ1)
ACCT1046	City Campus	Undergraduate	615H Accounting	Face-to-Face	UGRDFlex18 (ZZZZ), UGRDFlex18 (ZZZ1), UGRDFlex18 (All)
ACCT1046	City Campus	Undergraduate	615H Accounting	Face-to-Face	UGRDFx2019 (XXXX)
ACCT1046	City Campus	Undergraduate	615H Accounting	Face-to-Face	UGRDFlex21 (ZZZZ)
ACCT1046	City Campus	Undergraduate	615H Accounting	Face-to-Face or Internet	UGRDFx2020 (ZZZZ)
ACCT1046	City Campus	Undergraduate	665H Accounting, Information Systems and Supply Chain	Face-to-Face	UGRDFlex22 (ZZZZ)
ACCT1046	City Campus	Undergraduate	665H Accounting, Information Systems and Supply Chain	Face-to-Face	UGRDFlex23 (ZZZZ)
ACCT1046	City Campus	Undergraduate	665H Accounting, Information Systems and Supply Chain	Face-to-Face	UGRDFlex24 (All)

Course Coordinator: Dr Sonia Magdziarz

Course Coordinator Phone: +61 3 9925 5737

Course Coordinator Email: sonia.magdziarz@rmit.edu.au

Course Coordinator Location: Melbourne campus

Course Coordinator Availability: By appointment via email

Pre-requisite Courses and Assumed Knowledge and Capabilities

This is a core business accounting course for students commencing their business degree.  It should be undertaken in the first year of you program.

 

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 (as depicted in the diagram below) which you will reflect upon and appreciate that these accounting concepts mean more than their technical representations but have a strong influence on 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 and values are part of an interconnected world; 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

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

1. 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.
2. Explain the role of accounting in managing a business or organisation; including the concept of 'resources' available for business uptake, and, how ‘costs’ are implicated in the use of such resources.
3. Identify and justify various approaches to measuring the performance of an organisation inclusive of financial performance, social performance, and environmental performance.
4. Interpret and analyse a range of accountability approaches and the implications of financial performance (measured in terms of cash flows; income statement and balance sheet performance) on social and environmental performance.
5. Analyse case studies to identify instances that justify accounting is both a technical and a social practice in a changing and interconnected world.
6. Apply technical skills to analyse big data and provide visualisations to evaluate implications for practice.

 

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 face-to-face sessions
• Working through prescribed readings,
• Attending to selected exercises and discussion questions
• Relating course material to practical examples in business

You will be required to engage in certain learning activities (e.g. prescribed lectures and readings, 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\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 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: 30%
Linked CLOs: 1, 2, 3, 4, 5

Assessment Task 2: 30%
Linked CLOs: 1, 2, 3, 4, 5, 6

Assessment Task 3: 40%
Linked CLOs: 1, 2, 3, 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.