303246 (v.2) Agribusiness Accounting and Finance 201

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Area:	Muresk Institute
Credits:	25.0
Contact Hours:	5.0
Lecture:	2 x 2 Hours Weekly
Tutorial:	1 x 1 Hours Weekly
Prerequisite(s):	303232 (v.2) Agribusiness Systems 102 or any previous version AND 303390 (v.2) Information Literacy 101 or any previous version
Syllabus:	Introduction to managerial accounting and finance as applied to farming, and small agribusiness enterprises. Selected topics include - accounting as an information system, double-entry accounting system, end of period adjustments, measuring and reporting financial position, measuring and reporting financial performance, cost volume profit analysis, different methods of costing and basic quantitative techniques in finance.
Unit Outcomes:	On completion of this unit students will have - explained the concepts and conventions relating to accounting. Described the role of accounting in management information systems. Analysed and recorded business transactions in manual and computerised accounting systems. Designed and presented simple financial reports useful for business decision-making. Selected and set up computerised accounting systems suitable for farms and small agribusiness. Compiled and used management accounting information. Chosen an appropriate system for costing farms products and services. Developed skills in making short-run tactical decisions. Constructed simple financial models using spreadsheets. Performed money market calculations using spreadsheets and financial calculators.
Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.
Unit References:	Atrill, P. and McLaney, E. (1995). Accounting and Finance for Non-Specialists. London, Prentice-Hall. Bassett, P. H. (1993). Computerised Accounts. 3rd ed. Oxford, Blackwell. Beaman, I. and Ranatunga, J. (1998). Financial Modelling. 2nd ed. Melbourne, Quill Press. Grundy, C. and Lyte, D. (1999). Small Business Accounting with M.Y.O.B. Melbourne, Eastern House. James, S. J. and Stoneberg, E. (1986). Farm Accounting and Business Analysis. Ames, Iowa State University Press. Juchau, R. H. and Clark, M. B. (eds.) (1989). Agricultural Accounting: Perspectives and Issues. Canterbury, Lincoln University. Neilson, D. G. (1986). Principles and Practice of Farm Management Accounting. 3rd ed. Melbourne, The Law Book Company. Roberts, D. L. and Staunton, J. J. (1995). Accounting for Self-Generating and Regenerating Assets. Melbourne, Australian Accounting Research Foundation.
Unit Texts:	Atrill, P. and McLaney, E. (2000). Accounting - An Introduction. Sydney, Pearson Education. Meredith, G. G. (1994). Accounting and Financial Management for Business Decisions. Sydney, McGraw-Hill .
Unit Assessment Breakdown:	Continuous 50%, Examination 50%. This is a grade/mark assessment.
Year Location Period Internal Area External Central External 2004 Bentley Campus Semester 1 Y