School Of BusinessAccounting in Context (WSTC)Western Sydney University Unit Code: 700274.1
Discipline: ACCOUNTING
Student Contribution Band: 3
Level: 1
Credit Points: 10
Equivalent Units
200972 - Accounting in Context, 200101 - Accounting Information for Managers, 61111 - Introduction to Financial Accounting, 200103 - Accounting Reports and Decisions, 700078 - Accounting Information for Managers (Creative Industries), 700005 - Accounting Information for Managers (WSTC)
Prerequisite
700046 Accounting Fundamentals (WSTC Prep)
Unit Enrolment Restrictions
Students must be enrolled at Western Sydney University, The College in one of the following courses: 7098 Diploma in Business, 7100 Diploma in Business Fast Track, 7102 Diploma in Business Extended, 7099 Bachelor of Business (WSTC First Year Program), 7103 Bachelor of Business Extended (WSTC First Year Program), 7101 Bachelor of Business Fast Track (WSTC First Year Program). Students enrolled in extended diploma courses (7102, 7103) must have passed 40 credit points of the preparatory units in these courses in order to enrol in this unit.
About this Unit
Accounting in Context is the first core unit required in the accredited accounting program, but can be included as an elective in other courses. It is designed to provide an overarching context about the purpose and usefulness of accounting information and explain a range of definitions and terms used in accounting and business. Accounting in Context will introduce accounting reports and their interpretation, and explore the impact of policy and measurement methods on accounting information and business decisions. Successful completion of the unit will equip participants with an understanding of the importance of accounting to society and allow them to engage with the next core accounting unit; Financial Accounting Applications.