1997 Swinburne Higher Education Handbook

LBC200 Computer Accounting Systems
4 hours per week Lilydale Prerequisite: LBClOO
Asserrmen2 emmination, conp&r-~ p@ve asswmat, ma1
presam'm, computefised p&e set
A stage 2 subject in the Bachelor of Business which also
maybe taken in the Bachelor of Social Science and Bachelor
of Applied Science.
Obiedives and Content
The development of the accounting process as an
information flow to provide the basis from which
management control and decision making stems.
The computerised processing of information is examined
and an accounting package for microcomputers is used to
facilitate the same.
The accounting equation is re-examined in order to prepare
the balance sheet and profit and loss statement. The control
of cash. debtors. stock and fixed assetsare included. as are
balance day adjustments and bank reconciliation statements.
The internal control implications of aspects of accounting
systems are also assessed.
Recommended reading
Kloot, L. and Sandercock, E., Accounting. The Basis for Business
Decisions. 2nd edn., Sydney, McGraw-Hill, 1995
LBC200 Learning Guide, Swinburne, 1996
Insight Accounting: Software and accompanying notes: Longman
Publishing, 1995
Hoggett, J. and Edwards, L., Accounting in Australia. 2nd rev.
edn, Brisbane, John Wiley and Sons, 1992
Holmes, S., Hodgson, A. and Nevell, P., Accounting StudPnt's
Handbook. Sydney, Harcourt, Brace Jovanovich, 1991
CCH Macquarie Dictionary of Accounting (Student vmion), CCH,
1991
LBC201 Corporate Accounting
3 hoursper week Lilydale Prerequisite: LBC200
Assessment: examination, assignment, test
A stage 2 subject in the Bachelor of Business which also
maybe taken in the Bachelor of Social Science and Bachelor
of Applied Science.
Objectives
The overall objective of the subject is to develop in students
an ability to think through corporate accounting issues and
specifically:
to develop in students an awareness of the financial
accounting function within a company;
to develop students' problem-solving abilities in the
application of the principles of corporate accounting to
the solution of practical problems;
to develop student awareness of contemporary issues in
the practice of financial accounting; by reference to
actual situations where appropriate;
to develop students' independent research skills by the
assignment of research areas within the course;
to develop student awareness of the interrelationship
between corporate accounting and corporate law.
Content
The subject covers the following areas:
share capital and other forms of finance;
business combinations, including amalgamations,
mergers and takeovers;
group accounting. Particular emphasis is placed on this
topic. It includes the preparation of consolidated
accounts, equity accounting and joint ventures;
availability of profits for distribution;
presentation of financial reports including 5th Schedule
and Accounting Standards requirements;
reconstruction and company liquidation.
Recommended reading
Australian Corporations and Securities Legislation, Accounting/
Auditing Statements 1996
ASCPA or ICAA BC22l Corporate Accounting Student Manual,
Swinburne, Swinburne Press, 1996
Leo, K.J. and Hoggett, J.R. Company Accounting in Australia. 3rd
edn, Brisbane, Wiley, 1993
Clift, R.C. and Sims, M.A. Corporate Accounting. 4th edn, New
York, Prentice Hall, 1993
Jager, M.O.,Taylor R.B. and Irvine J.R. Company Accounting
Procedures. 6th edn, Sydney, Butterworths, 1994
LBC202 Computer Cost Accounting Systems
3 hours per week Lilydale Prerequisite: LBClOO
Assessment: sraminution and assignment
A stage 2 subject in the Bachelor of Business which also
maybe taken in the Bachelor of Social Science and Bachelor
of Applied Science.
Ob jedives
To introduce students to the role of accounting in the
planning and decision-making functions of the management
process.
Content
Topics covered include:
basic cost concepts, cost-volume-profit analysis, cost
allocation issues, budgeting, profitability analysis, and
the analysis of costs for decision making.
Throughout the subject students will be encouraged to:
utilise microcomputer based techniques for solving
problems;
focus on the relevance of accounting information to
management information needs, and;
to critically evaluate traditional management accounting
theory and practice against the contemporary literature
on activity-based costing and the new technologies.
Recommended reading
Hansen, D.R. and Mowen, M.M. Cost Management. 4th edn,
Cincinatti, Ohio, South Western, 1995
Garrison, R.H. and Noreen, E.W., Managa'al Accounting
Conceptsfor Planning, Control and Decision Making. 7th edn,
Homewood, Illinois, Irwin, 1994
Horngren, C.T. , Foster, G. and Datar, S.M., Cost Accounting A
Managerial Emphasis. 8th edn, Englewood Cliffs, N.J., Prentice
Hall. 1994