6 core units + 2 elective units Core Units HA1011 Applied Quantitative Methods
This unit is an introduction to statistics and aims to develop in students an appreciation of the role of the statistical analysis at all stages of the decision making and problem-solving process. This unit introduces you to statistics, the methodologies used and the purpose of statistics in a business environment. Students who complete this unit will be equipped with an appreciation of the role of statistical analysis at all stages of the decision-making and problem-solving process. Statistical concepts and techniques are introduced in the context of real business problems. Several case studies drawn from social and business areas will be used throughout the unit. Statistical concepts and techniques are introduced in the context of real business problems. The principal approach of this unit is to look at information in order to solve business problems intelligently. Students will be introduced to basic statistical techniques and processes required in connection with collecting, analysing and interpreting quantitative data for making sound business decisions. HA1020 Accounting Principles and Practices
The principal aim of this unit is to give you a firm grasp of the essential accounting concepts, fundamental principles and practical techniques that you will need to succeed in a fast-paced business environment. Accounting is the language of business and is the science of providing useful information to people who make decisions. This upper-level accounting unit will also provide the background you need to study other areas of business or to take up more advanced courses in accounting. HA1022 Principles of Financial Management
A working knowledge of financial institutions, instruments and markets is vital for any career in accounting and finance. This unit aims to provide students with a good understanding of the structure and operations of the Australian Financial System. Armed with the right information, students can navigate the financial environment and make informed decisions. The financial markets are the lifeblood of the economy. This unit has many interesting and practical applications in your own life. A stable financial system is critical for economic growth, and a working knowledge of the financial institutions, instruments and markets in this financial system is vital for any career in finance. The financial markets are the lifeblood of the economy and as such, this unit is both intriguing and interestingly real life. HC1010 Accounting for Business
Accounting for business provides the students with the ability to analyse business accounting, booking and information requirements and produce comprehensive accounting system, be able to Interpret and comply with and statutory requirements, organisational policies and procedures related to business accounting practices and demonstrate ethical and legal accounting practices and appreciate the difficulties and assumptions involved in the preparation of financial statements. HC1041 Information Technology for Business
Information Technology for Business provides students with a real-world understanding of information systems (IS) and a firm foundation in business-related information technology (IT) on which they can build successful careers. Students will know enough about IT to work productively with IT specialists, and they will know enough about business applications to get information systems to support their work in the best way possible. “Real world” examples of business scenarios are discussed weekly to provide a narrative similar to the challenges and opportunities a business professional or entrepreneur would encounter in a company. HC1072 Economics & International Trade
Economics and International Trade emphasises contemporary developments and applications of macroeconomic concepts, and foundations of business cycles and international trade. The student is also introduced to key microeconomic issues related to supply and demand. The focus of the unit, however, is the development of macroeconomic models that are applied to issues such as inflation, and the balance of payments to demonstrate relationships between macroeconomic policy and international trade. Electives*
2 electives may be chosen from the listed units of Holmes’ bachelor courses provided any prerequisites are met. | 6 core units + 2 elective units Core Units HA2011 Management Accounting
Management Accounting is concerned with contemporary business problems and issues and involves the internal generation, communication and interpretation of information for both operational and strategic decision-making purposes. Students will develop their ability to both diagnose and evaluate a situation, and analyse the techniques based on their implicit assumptions, their costs and benefits and their usefulness for decision making. HA2022 Business Law
As the foundation Law unit, Business Law aims to provide students with an understanding and awareness of the basic principles of Australian business law. This unit introduces the Australian legal system, the law of torts, contract law, consumer protection law, agency law, laws governing different forms of business ownership, the laws governing financial transactions, and employment law. HA2032 Corporate and Financial Accounting
As a general rule, businesses seek to grow and expand. Growth is accompanied by the need for additional human and non-human resources, and in particular the debt and/or equity to finance this expansion of resources. The formation of a company, and the combination of companies to form larger organisational groups, is a flexible and widely used growth strategy. Understanding the nature of these structures and the many accounting and financial reporting issues they face, is critical to business today. Therefore, there are two key objectives of this unit. Firstly, it teaches students how a company is formed and its funds accumulated. Secondly, it focuses on more advanced techniques of group consolidation and subsequent financial reporting of consolidated financial statements. The principal aim of this unit is to give students a firm grasp of the essential accounting concepts and techniques that is required to succeed in a corporate and group business environment. This unit takes students’ fundamental accounting skills to the more advanced level necessary for real business world operations. This unit focuses on the theoretical framework and practical techniques of accounting for corporate groups. The financial reporting requirements of Australian companies are examined. The areas considered include: company formation, profit distribution, capital reconstruction, the preparation of consolidated accounts for groups of companies and the liquidation of companies. There is a strong theoretical component to the unit, but there is also an emphasis on applying the practical techniques of accounting for groups. HA2042 Accounting Information Systems
This unit examines business processes and accounting information systems. Students are introduced to accounting software together with an analysis and design of accounting information systems. On completion of the unit, students will be able to demonstrate an understanding of the complete accounting cycle including: source documents, journals, ledgers, through to closing, preparation of financial reports and reversing entries. This unit covers the concepts, processes and issues relevant to accounting information systems including; internal controls; the design and development of computerised accounting systems including; the general ledger and reporting cycle, the revenue cycle, the expenditure cycle, the payroll cycle and the production cycle; computer fraud and crime. The complexity of the modern organisation and the increasing need to have information “at your fingertips” has ensured that computerised accounting and information systems are used in most businesses. Knowledge of how accounting information systems are integrated into a computerised environment is essential. This unit builds on the accounting knowledge attained in the prerequisite units and applies it to computerised accounting and information systems. HC2091 Business Finance
Business Finance provides students with the opportunity to explore ways in which to analyse and evaluate the performance of both small and medium sized businesses and publicly listed firms. Students will have a thorough appreciation and understanding of effective risk management, methods to control investment in working capital, and the management of accounts receivable and inventory. HC2121 Comparative Business Ethics and Social Responsibility
Comparative Business Ethics and Social responsibility develops students' awareness of how national and organisational culture shapes thinking about ethics, morals and social responsibility. Scenario building exercises are used to analyse and apply this thinking to social, political and economic contexts, and students will investigate global best practices for corporate social responsibility. Electives*
2 electives may be chosen from the listed units of Holmes’ bachelor courses provided any prerequisites are met.
| 4 core units + 4 elective units Core Units HA3011 Advanced Financial Accounting
Advanced Financial Accounting aims to develop an understanding of various theoretical models of accounting. Students will investigate selected applied issues in financial accounting by examining the requirements of Australian accounting standards in these areas: company income taxes; intangibles; leases; employee benefits; financial instruments; extractive industries; the construction industry; superannuation plans and foreign currency transactions. This unit aims to help students develop their knowledge and understanding of specific financial reporting issues that are included in the Australian Accounting Standards Board (AASB) accounting standards and IFRS (International Financial Reporting Standards). The unit investigates selected applied issues in financial accounting by examining the requirements of accounting standards in the areas of; company income taxes, intangibles, leases, extractive industries and foreign currency transactions. This unit commences with an overview of the Australian financial reporting environment by focusing on the institutional framework for accounting standard setting, the international harmonization of accounting standards, accounting theory and the conceptual framework. Given recent global trends towards internationalization, as well as restructuring, and the greater statutory requirements in the corporate sector, there is a need to understand the various theoretical models of accounting. HA3021 Corporations Law
Corporations Law is designed to introduce students to the fundamentals of Australian Company law and enhance students’ understanding of how company law influences practices and policies of business organisations. Students will explore Securities Regulation; legal issues concerning receivers and controllers of a company's property; and procedures related to arrangements, reconstructions, voluntary administration and winding up. Students will be introduced to a broad range of common law and statute law related to business organizations. In particular, the unit provides you with a solid foundation knowledge of the Corporations Act 2001 (Cth), which is vital to understanding how companies operate in Australia. This unit assists you to develop a continuing interest in the law. Students who complete this unit will be equipped with good analytical skills to solve complex corporate law problems. HA3032 Auditing
Auditing aims to introduce students to the audit planning process and the procedures for gathering evidence and documentation. Students will develop an understanding of an auditor's professional, legal and ethical responsibilities to their clients and to third parties. The association between internal controls and the external audit is explored and statistical and non-statistical audit sampling techniques are examined. Auditors play an extremely vital role in the current economic environment with increasing responsibility for financial statement integrity. Understanding the significance of auditing, the role of the auditor and the skill base required for the changing role is essential for any business or finance position. Therefore, the key objective of this unit is to provide you with a comprehensive guide to the essential concepts and practice of financial statement audits. The principal aim of this unit is to give you an enhanced understanding of the essential audit function and the practice of financial statement audits. This unit places an emphasis on the fundamental and independent role of the auditor and the impact on real world business and financial reporting functions. This unit will introduce students to the key external auditing principles and procedures including: objectives and limitations of auditing. Students will also gain an appreciation of the key issues relating to ethical and legal considerations. HA3042 Taxation Law
Taxation Law is designed to introduce students to the fundamentals of the relevant legislation concerning taxation law and its application. Topics include: the Income Tax Assessment Act (1997), allowable deductions, offsets, taxation of trading stock, Capital Gains Tax (CGT), Goods and Services Tax (GST) and Fringe Benefits Tax (FBT). This unit aims to provide students, who are new to Australian Taxation Law, with a sound understanding of the principles and the practical aspects of Australian Taxation Law in relation to income tax for individuals and other entities. The unit considers the provisions of the Income Tax Assessment Acts and covers all major topics underpinning the Australian tax system including: residency, income, deductions, allowances, CGT, offsets tax accounting, international taxation, FBT, tax administration, GST, partnership, and companies. Students undertaking the unit will develop their legal skills in reading, understanding and applying complex and dynamic legislation, case materials and taxation rulings, as well as completing practical examples of how tax law is applied in an accounting environment. An essential objective of this unit is to develop in students a sound understanding of taxation law and how to apply legal principles to real situations. Only with knowledge of the law of tax can students gain an effective understanding of tax issues, problems and solutions. The emphasis is on understanding some of the key areas of tax through information gathering, critical thinking and problem solving. In particular, case studies are extensively used in this unit to further enhance students’ needs to learn and develop problem‐solving skills. Electives*
4 electives may be chosen from the listed units of Holmes’ bachelor courses provided any prerequisites are met. |
