Course profile

Accounting for Decision Making (ACCT1101)

Study period
Sem 1 2025
Location
St Lucia
Attendance mode
In Person

Course overview

Study period
Semester 1, 2025 (24/02/2025 - 21/06/2025)
Study level
Undergraduate
Location
St Lucia
Attendance mode
In Person
Units
2
Administrative campus
St Lucia
Coordinating unit
Business School

Introduction to the accounting environment, analysis and interpretation of financial statements and other business information for the purpose of decision making.

This course enables the student to become proficient in how accountants capture, measure and evaluate business decision-making using the techniques of accrual accounting.

Course requirements

Assumed background

Year 12 or equivalent. No prior accounting knowledge is assumed.

Incompatible

You can't enrol in this course if you've already completed the following:

ACCT1110 or 2111 or 2112 or 7107 or 7804

Restrictions

Not to be studied by BAdvBus(Hons) and BAdvFin&Econ(Hons) students

Course contact

Course coordinator

Dr Kirsty Dunbar

Course staff

Lecturer

Dr Kirsty Dunbar

Tutor

Ms Yong Zhang
Mr Adrian Ralston
Mr Harvey Ruan
Mrs Helen Molina
Mr Chris Zhang
Mr Robert Ferguson
Mr Alexander Neumann

Timetable

The timetable for this course is available on the UQ Public Timetable.

Additional timetable information

Please note: Teaching staff do not have access to the timetabling system to help with class allocation. Therefore, should you need help with your timetable and/or allocation of classes, please ensure you emailﾠbusiness.mytimetable@uq.edu.auﾠfrom your UQ student email account with the following details:

  • Full name
  • Student ID
  • Course Code
Aims and outcomes

Aims and outcomes

This course aims to equip students from a wide variety of backgrounds and disciplines with awareness and knowledge in relevant fields of accounting essential to decision making in business.

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Identify and explain accounting terms and concepts that are relevant to business decision making.

LO2.

Record and interpret business transactions and financial statements.

LO3.

Apply relevant and appropriate accounting knowledge and techniques in business problem-solving.

LO4.

Make and justify effective business operating, financing and investing decisions informed by relevant accounting information.

LO5.

Demonstrate management and cost accounting techniques, including the use of budgets, to support business decisions.

Course overview
Assessment

Assessment

Assessment summary

Category Assessment task Weight Due date
Quiz Six Online Check-in Quizzes
  • Online
 25%

Quiz 1 (Topic 1 & 2) - Week 4 Mon - Week 4 Fri

Quiz 2 (Topic 3 & 4) - Week 6 Mon - Week 6 Fri

Quiz 3 (Topic 5 & 6) - Week 8 Mon - Week 8 Fri

Quiz 4 (Topic 7) - Week 9 Mon - Week 9 Fri

Quiz 5 (Topic 8 & 9) - Week 11 Mon - Week 11 Fri

Quiz 6 (Topic 10 & 11) - Week 13 Mon - Week 13 Fri

All quizzes will open on their indicated week from 8am Monday and will close at 4pm Friday of their indicated week.
Tutorial/ Problem Set Inspera Assignment
  • Online
 25%

28/04/2025 3:00 pm
Examination End-of-Semester Examination
  • Identity Verified
  • In-person
 50%

End of Semester Exam Period

7/06/2025 - 21/06/2025

Assessment details

Six Online Check-in Quizzes

  • Online
Mode
Written
Category
Quiz
Weight
25%
Due date

Quiz 1 (Topic 1 & 2) - Week 4 Mon - Week 4 Fri

Quiz 2 (Topic 3 & 4) - Week 6 Mon - Week 6 Fri

Quiz 3 (Topic 5 & 6) - Week 8 Mon - Week 8 Fri

Quiz 4 (Topic 7) - Week 9 Mon - Week 9 Fri

Quiz 5 (Topic 8 & 9) - Week 11 Mon - Week 11 Fri

Quiz 6 (Topic 10 & 11) - Week 13 Mon - Week 13 Fri

All quizzes will open on their indicated week from 8am Monday and will close at 4pm Friday of their indicated week.

Learning outcomes
L01, L02, L03

Task description

Assessment Details:

  • Topic assessed: Topics 1-11.
  • Administration: Blackboard Test.
  • 6 check-in quizzes with the best 5 used for final result.
  • Question types: 10 multiple choice questions. 
  • Each quiz will be open for 20 minutes.
  • Only ONE attempt for each quiz.
  • Deferred or supplementary quiz is NOT available.
  • Students must ensure their access to a laptop or desktop computer as well as stable internet connection for the duration of this assessment. Do not use a mobile device for this assessment.

AI Statement

This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Deferral or extension

You cannot defer or apply for an extension for this assessment.

Due to Best 5 of 6, no extensions are available for this assessment.

Late submission

No late submission is allowed. The quiz will automatically close at 4pm Friday on each applicable week.

Inspera Assignment

  • Online
Mode
Written
Category
Tutorial/ Problem Set
Weight
25%
Due date

28/04/2025 3:00 pm

Learning outcomes
L01, L02, L03, L04

Task description

Assessment details:

  • This assessment is based on a case of a retailing business. 
  • Assignment materials will be released on Blackboard and discussed in the Assignment Workshop.
  • Inspera will open for data entry two weeks before the due date.
  • Topic assessed: Topics 1-6.
  • Question types: calculations, short answers and recording transactions.
  • Supplementary assessment is not available for this assignment.
  • Inspera cloud-based software is used to complete the ACCT1101 assignment. The individual assignment includes a non-invigilated digital assessment and students will access this using their own device. Further details, including an introduction to Inspera functionality, practice opportunities, and where to go for support, will be provided in the Blackboard site for this course.
  • An optional Excel file will be provided for students to complete some of the calculation questions before entering the data into Inspera for submission and marking.

AI Statement

This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Students are required to submit their assignments via Inspera on Blackboard. Submissions after the deadline will attract penalties.

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

End-of-Semester Examination

  • Identity Verified
  • In-person
Mode
Written
Category
Examination
Weight
50%
Due date

End of Semester Exam Period

7/06/2025 - 21/06/2025

Other conditions
Time limited.

See the conditions definitions

Learning outcomes
L03, L04, L05

Task description

Assessment details:

  • Topic assessed: Topics 7-11; prior topics are regarded as assumed knowledge.
  • Question types: calculations and short answers.
  • More information regarding this assessment will be released later in the semester.

AI Statement:

This assessment task is to be completed in-person. The use of generative Artificial Intelligence (AI) tools will not be permitted. Any attempted use of Generative AI may constitute student misconduct under the Student Code of Conduct.

Exam details

Planning time 10 minutes
Duration 120 minutes
Calculator options

(In person) Casio FX82 series only or UQ approved and labelled calculator
Open/closed book Closed Book examination - no written materials permitted
Exam platform Paper based
Invigilation

Invigilated in person

Submission guidelines

Deferral or extension

You may be able to defer this exam.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Cut off Percent Description
1 (Low Fail) 0 - 29

Absence of evidence of achievement of course learning outcomes.
2 (Fail) 30 - 46

Minimal evidence of achievement of course learning outcomes.
3 (Marginal Fail) 47 - 49

Demonstrated evidence of developing achievement of course learning outcomes
4 (Pass) 50 - 64

Demonstrated evidence of functional achievement of course learning outcomes.
5 (Credit) 65 - 74

Demonstrated evidence of proficient achievement of course learning outcomes.
6 (Distinction) 75 - 84

Demonstrated evidence of advanced achievement of course learning outcomes.
7 (High Distinction) 85 - 100

Demonstrated evidence of exceptional achievement of course learning outcomes.

Additional course grading information

Grades will be allocated according to University-wide standards of criterion-based assessment.

Supplementary assessment

Supplementary assessment is available for this course.

Aims and outcomes
Learning resources

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Assessment
Learning activities

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

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Learning period Activity type Topic
Week 1
Lecture

Topic 1: Introduction to Accounting & Business Environment

Learning outcomes: L01
Week 2
Tutorial

Tutorial 1: Introduction to Accounting & Business Environment

Tutorial materials for each topic are available in the topic folder on Blackboard

Learning outcomes: L01
Lecture

Topic 2: Introduction to the Statement of Financial Position and Recording Transactions

Learning outcomes: L01, L02
Week 3
Tutorial

Tutorial 2: Introduction to the Statement of Financial Position and Recording Transactions

Learning outcomes: L01, L02
Lecture

Topic 3: Introduction to the Statement of Profit or Loss

Learning outcomes: L01, L02, L03
Week 4
Tutorial

Tutorial 3: Introduction to the Statement of Profit or Loss

Learning outcomes: L01, L02, L03
Lecture

Topic 4: Introduction to the Statement of Cash Flows

Learning outcomes: L01, L02, L03
Week 5
Tutorial

Tutorial 4: Introduction to the Statement of Cash Flows

Learning outcomes: L01, L02, L03
Lecture

Topic 5: Accrual Accounting and Adjustments

Learning outcomes: L01, L02, L03
Week 6
Tutorial

Tutorial 5: Accrual Accounting and Adjustments

Learning outcomes: L01, L02, L03
Lecture

Topic 6: Statement of Financial Position - Measurement of Common Assets

Learning outcomes: L01, L02, L03
Week 7
Tutorial

Tutorial 6: Statement of Financial Position - Measurement of Common Assets

Learning outcomes: L01, L02, L03
Lecture

Assignment Workshop

Assignment workshop held during lecture time.

Learning outcomes: L04
Week 8
Tutorial

Assignment Drop-in Q&A

Assignment in-person group consultations held during the tutorial times.

Good Friday Public Holiday- No tutorials Friday 18 April - please attend an alternative tutorial this week only.
Lecture

Topic 7: Financial Statement Analysis I

Learning outcomes: L04
Mid-sem break
No student involvement (Breaks, information)

In-Semester Break
Week 9
Tutorial

Tutorial 7: Financial Statement Analysis I

Learning outcomes: L04
Lecture

Topic 8: Financial Statement Analysis II

Learning outcomes: L04
Week 10
Tutorial

Tutorial 8: Financial Statement Analysis II

Labour Day Public Holiday - No tutorials Monday 5 May - please attend an alternative tutorial this week only.

Learning outcomes: L04
Lecture

Topic 9: Budgeting

Learning outcomes: L04
Week 11
Tutorial

Tutorial 9: Budgeting

Learning outcomes: L04
Lecture

Topic 10: Costing and Pricing

Learning outcomes: L01, L05
Week 12
Tutorial

Tutorial 10: Costing and Pricing

Learning outcomes: L01, L05
Lecture

Topic 11: Performance Measurement and Sustainability

Learning outcomes: L05
Week 13
Tutorial

Tutorial 11: Performance Measurement and Sustainability

Learning outcomes: L05
Lecture

Review Lecture

Review of topics assessed in the final exam

Learning outcomes: L01, L04, L05
Learning resources
Policies and procedures

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.

Learning activities