School Of Business

Accounting in ContextWestern Sydney University Unit Code: 200972.2

Discipline: ACCOUNTING

Student Contribution Band: 4

Level: 1

Credit Points: 10

Equivalent Units
700274 - Accounting in Context (WSTC), 200103 - Accounting Reports and Decisions, 700005 - Accounting Information for Managers (WSTC), 700078 - Accounting Information for Managers (Creative Industries), 61111 - Introductory Financial Accounting

Incompatible Units
200101 - Accounting Information for Managers

Unit Enrolment Restrictions
This unit is not available to students enrolled in courses 2607 Bachelor of Construction Management, 2769 Bachelor of Construction Management Studies/Bachelor of Laws, 3692 Bachelor of Construction Technology, 3727 Bachelor of Building Design Management. Students enrolled in these courses must complete unit 200101 - Accounting Information for Managers.

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.

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