Course coordinator
Dr Kirsty Dunbar
Course overview
- Study period
- Semester 2, 2026 (27/07/2026 - 21/11/2026)
- 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 Changes in Response to Previous Student Feedback
- Reduction in the number of assessment pieces.
- More practice/ revision questions for students to complete in their own time.
- Past examination papers and solutions.
- Additional activities completed in lectures to understand content (including revision activities).
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 1111 or 1112 or 2111 or 2112 or 7101 or 7804
Restrictions
Not to be studied by BAdvBus(Hons) and BAdvFinEcon(Hons) students
Course contact
Course staff
Lecturer
Dr Kirsty Dunbar
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
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.
Assessment
Assessment summary
| Category | Assessment task | Weight | Due date |
|---|---|---|---|
| Tutorial/ Problem Set |
Inspera Case Study Part 1
|
20% |
Week 5, Fri 3:00 pm |
| Tutorial/ Problem Set |
Inspera Case Study Part 2
|
30% |
Week 9, Fri 3:00 pm |
| Examination |
End-of-Semester Examination
|
50% |
End of Semester Exam Period 7/11/2026 - 21/11/2026 |
Assessment details
Inspera Case Study Part 1
- Online
- Mode
- Written
- Category
- Tutorial/ Problem Set
- Weight
- 20%
- Due date
Week 5, Fri 3:00 pm
- Learning outcomes
- L01, L02, L03
Task description
Assessment Details:
- This assessment is based on a case of a retailing business.
- Assessment materials will be released on Blackboard and discussed in tutorials.
- Topic assessed: Topics 1-3.
- Question types: calculations, short answers and recording transactions.
- Supplementary assessment is not available for this assessment.
- Inspera cloud-based software is used to complete the assessment.
- The individual assessment is a non-invigilated digital assessment and students will access require access 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.
Assessment security
Open assessment: In this assessment you can use resources such as your notes, course materials, and other tools, including AI, while completing the task. The focus is not on memorising information, but on understanding, applying judgement, and demonstrating your own thinking.
Submission guidelines
Students are required to submit their assessment via Inspera on Blackboard. Submissions after the deadline will attract penalties.
Deferral or extension
You may be able to apply for an extension.
The maximum extension allowed is 7 days. Extensions are given in multiples of 24 hours.
The Inspera Application automatically closes on the due date and time. Therefore, extension requests must be made as soon as possible to ensure the application remains open to enable students the ability to continue working on their assignment. See Blackboard for more details and instructions.
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.
Inspera Case Study Part 2
- Online
- Mode
- Written
- Category
- Tutorial/ Problem Set
- Weight
- 30%
- Due date
Week 9, Fri 3:00 pm
- Learning outcomes
- L01, L02, L03, L04
Task description
Assessment details:
- This assessment is based on a case of a retailing business.
- Assessment materials will be released on Blackboard and discussed in the Assessment 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 assessment.
- The individual assessment is a non-invigilated digital assessment and students will access require access 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 Excel file will be provided for students to complete some of the calculation questions before entering the data into Inspera for submission and marking.
Assessment security
Open assessment: In this assessment you can use resources such as your notes, course materials, and other tools, including AI, while completing the task. The focus is not on memorising information, but on understanding, applying judgement, and demonstrating your own thinking.
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.
The maximum extension allowed is 7 days. Extensions are given in multiples of 24 hours.
The Inspera Application automatically closes on the due date and time. Therefore, extension requests must be made as soon as possible to ensure the application remains open to enable students the ability to continue working on their assignment. See Blackboard for more details and instructions.
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
7/11/2026 - 21/11/2026
- Other conditions
- Time limited, Secure.
- Learning outcomes
- L03, L04, L05
Task description
Assessment details:
- Topic assessed: Topics 7-11.
- Question types: multiple choice, calculations and short answers.
- More information regarding this assessment is on Blackboard under the Assessment folder. Detailed information will be provided in Week 13.
Assessment security
Secure assessment: This assessment is designed to protect academic integrity and assess your understanding of course concepts. You must only use the approved materials and tools for this assessment task. Use of prohibited materials in this task may be investigated and treated as academic misconduct. See assessment instructions for more details.
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.
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.
Learning activities
The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.
Filter activity type by
Please select
| 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 Royal Queensland Show (Ekka) Public Holiday - Wednesday 12 August 2026 - If your tutorial falls on this day, please attend another tutorial for this week only. Please see Blackboard for the course timetable. 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 and Revising the Accounting Process Learning outcomes: L01, L02, L03 |
|
Week 6 |
Tutorial |
Tutorial 5: Accrual Accounting and Adjustments and Revising the Accounting Process 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 |
Assessment Workshop and Drop-in Q&A Session The Week 7 lecture is replaced with an assessment workshop held during regular lecture times. This session will review the Inspera Case Study Part 2 requirements and provide students with the opportunity to ask questions. The workshop is informal and student driven. Learning outcomes: L04 |
|
Week 8 |
Tutorial |
Assessment Drop-in Q&A The Week 8 tutorials are replaced with Assessment Drop-in Consultations held during the regular tutorial times. Students are encouraged to attend to seek help with their Inspera Case Study assessment. No formal tutorials will be held. |
Lecture |
Topic 7: Financial Statement Analysis I Learning outcomes: L04 |
|
Week 9 |
Tutorial |
Tutorial 7: Financial Statement Analysis I Learning outcomes: L04 |
Lecture |
Topic 8: Financial Statement Analysis II Learning outcomes: L04 |
|
Mid-sem break |
No student involvement (Breaks, information) |
In-Semester Break |
Week 10 |
Tutorial |
Tutorial 8: Financial Statement Analysis II King's Birthday Public Holiday - Monday 5 October 2026 - If your tutorial falls on this day, please attend another tutorial for this week only. Please see Blackboard for the course timetable. 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 |
Additional learning activity information
Sustainable Development Goals
This course integrates all Sustainable Development Goals (SGDs) through lectures and assessment.
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:
- Student Code of Conduct Policy
- Student Integrity and Misconduct Policy and Procedure
- Assessment Procedure
- Examinations Procedure
- Reasonable Adjustments for Students Policy and Procedure
- AI for Assessment Guide
- Recording of Teaching Policy and Procedure
Learn more about UQ policies on my.UQ and the Policy and Procedure Library.