Course Title: Accounting for Bus Decisions

Part A: Course Overview

Course Title: Accounting for Bus Decisions

Credit Points: 12


Course Code




Learning Mode

Teaching Period(s)


City Campus


660H Graduate School of Business and Law


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 2 2016,
Sem 1 2017,
Sem 2 2017


RMIT University Vietnam


660H Graduate School of Business and Law


Viet1 2011,
Viet2 2012,
Viet2 2014

Course Coordinator: Dr Ling Mei Cong

Course Coordinator Phone: +61 3 9925 5756

Course Coordinator Email:

Course Coordinator Location: Graduate School of Business and Law, Cnr Victoria and Russell Sts, Melbourne, Victoria, 3000

Course Coordinator Availability: Please email for an appointment

Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study
050937 - Design Thinking for Business (Executive) (BUSM4519/BUSM4520 or equivalent course code)

Course Description

This course provides you with knowledge and skills of the fundamentals of accounting in the financial decision-making process. You will examine the accounting recording and reporting system, and analyse and interpret accounting information to make decisions within an organisation. You will investigate the key measures of financial performance and develop your ability to use accounting data to make informed business decisions. You will learn to prepare a budget, undertake cash flow analysis and learn how to implement basic cost accounting tools. This course will also introduce sustainability accounting.
This course draws on student experience as managers in industry (including experience in operating internationally and locally), and emphasises the importance of accounting in a business context.
This course also emphasises the importance of the practice of sound business ethics as organisations seek to achieve their business goals and objectives.

Objectives/Learning Outcomes/Capability Development


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

  1. Assess the financial reports of an organisation to to identify areas that need to be improved and provide opportunity to consider how to respond
  2. Select, communicate and advocate desirable strategies that will address complex financial problems and opportunities
  3. Analyse and interpret organisational budget reports to ascertain the financial status of a business
  4. Implement basic cost accounting tools to improve business outcomes
  5. Apply research principles and design thinking to ascertain ethical and sustainable solutions for a given accounting problem

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/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

Examination: 50%
Linked CLOs: 1, 2, 3

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.