University Subjects

ACC1200: Accounting for managers

ACC1200: Accounting for managers

University
Monash University
Subject Link
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Subject Reviews

sonnyangel

5 years ago

Assessment

50% internal
10% weekly quizzes
- Need to watch a series of videos to be able to access the quizzes
- It’s assumed that you’ve watched these before the seminar but you can usually still follow in the seminar if you don’t
- 5 multiple choice questions which are relatively easy

10% 3 reflective notes
- Required to respond to three questions that vary for each reflective note
- Not too difficult but answering the questions in depth in the 200 word limit is a bit challenging

10% group assignment
- Done in the organised groups
- Required to come up with a business proposal and create a series of financial statements
- Overall, it doesn’t take too long but start early as it can take a while to balance all the financial statements

20% Two tests
- First one was a combination of short answer and application questions
- Second one included MC, short answer, and application questions
- Not difficult if you understand and remember the content

50% exam
- Similar to workbook questions, same difficulty
- More focus on the weeks that are not covered on the tests (last few weeks)
Comments
This is one of the two options for the core accounting unit for commerce and I think it’s the slightly easier one (especially if you haven’t done VCE accounting) as there is less focus on the technical aspects of the financial statements. You learn briefly on how to write all of them, interpret them, and their uses. The content can be a bit dry at times and the last few weeks were harder than usual but it’s not too difficult if you stay up to date.
Lecturer(s)
TK and Bob Cornick
Past Exams Available
Practice questions were provided but no practice exams.
Rating
3/5
Recorded Lectures
Seminars are not recorded.
Textbook Recommendation
Accounting for Managers, 2nd Ed. Can’t remember if it was optional but the online SCORM videos refer to it. Found it helpful (think it was specifically written for this unit) although it goes into more detail than required.
Workload
One 3hr seminar every week
- Work through a provided workbook with discussion
- Organised into groups from the first seminar
Year & Semester Of Completion
Semester 1, 2018
Your Mark / Grade
HD

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