8 core units HI5001 Accounting for Business Decisions
This unit aims to provide students an understanding of the main accounting concepts and techniques, including the processing of business transactions through an accounting system, and the practical use of accounting and financial information for decision-making and the achievement of business goals. This unit serves as both an introduction to accounting for non-accountants, and as an introductory accounting unit for those going on to specialise in professional accounting. HI5002 Finance for Business
The unit introduces the theory and practice of finance, from a corporate and financial planning viewpoint. It covers the foundations of corporate finance and uses these foundations to analyze many important financial decisions. The unit also examines the role of finance in supporting the various other functions (such as marketing, production, and accounting). The aims of this module are to promote a critical understanding of the theory of financial management, and to enable students to become familiar with the practical problems involved contemporary financial management and planning. HI5003 Economics for Business
This unit equips students with enhanced knowledge of (i) fundamental economic models; (ii) firms’ profit maximizing behavior in different market structures; and (iii) economic indicators and basic tools employed by the government to manage the economy. The unit examines various micro and macroeconomics topics, including demand and supply model, efficient allocation of scarce resources, costs of production, different market structures, GDP, economic growth, inflation, unemployment, monetary and fiscal policy, and international trade. This unit strengthens your ability to understand, analyze, and interpret economic issues for application of economics in your profession and daily life. HI5017 Managerial Accounting
This unit aims to an understanding of the main management accounting concepts and techniques, including the processing of business transactions through a cost accounting system, and the practical use of accounting and financial information for decision-making and the achievement of business goals. HI5020 Corporate Accounting
This unit covers both the theoretical framework and practical techniques of accounting for corporate groups, forming the main focus over the semester. Areas covered include accounting for assets, liabilities and equity, profit distribution, preparation of consolidated accounts as well as changes in degree of ownership and accounting for equity investments. HI6007 Statistics for Business Decisions
This unit provides students with the skills and knowledge in statistical analysis applicable in a variety of business settings to support business decisions making. Students will be able to explain and justify the use of statistical analysis in the context of critical reasoning for solving business problems. The unit will provide students practical knowledge how to apply appropriate research methodologies and techniques (qualitative and quantitative) and strategies of how to map out an approach to business scenario. Students develop skills in the use of technologies to support statistical analysis. Different data presentation techniques are also discussed.
HI6027 Business and Corporate Law
This unit introduces students to the fundamentals of the Australian legal system, contract and tort law, as well as company law. It will provide students with solid foundation knowledge of the Corporations Act 2001 (Cth,) which is vital to understanding how companies operate in Australia. This unit looks at the various players involved – e.g. members, directors, creditors, regulators and the public. An understanding of company law is essential for students who are aspiring to be senior managers in a company. HI6032 Leveraging IT for Business Advantage
This unit examines the role of information systems in business and other types of organisations. It discusses the different types of information systems and associated infrastructure and factors involved in developing, acquiring and implementing these systems. The unit also identifies the latest Information systems trends and examines the potential impacts and issues associated with the introduction of these technologies. | 4 core units
HI5000 Business Acumen
This unit is designed to provide students with an understanding of the nature, management, and organisation of business in the Digital Age. Learners will learn about the business structures, business functional areas and the associated core business processes of the modern business environment. The learners will consider the business, societal and environmental factors that impacts on how business is conducted in the Digital Age. HI6025 Accounting Theory and Current Issues
The aim of this unit is to assist students develop their knowledge and understanding of various theoretical models of accounting and to apply that knowledge and understanding to specific financial reporting issues that are currently the subject of the Australian Accounting Standard Board (AASB) accounting standards and/or to emerging issues. HI6026 Audit, Assurance, and Compliance
This unit introduces students to key external and internal auditing principles and procedures including objectives and limitations of auditing. Students will also gain an appreciation of key issues relating to ethical and legal considerations including the planning and design of audits, the performance of audits preparation of working papers, and the rights and obligations of auditors, company principals, and the users of audited financial statements and/or other materials/opinions produced/given by auditors. HI6028 Taxation Theory, Practice and Law
This unit introduces students to business and corporate tax and rapidly moves them to a high level of understanding and proficiency. Students are not expected to become Tax professionals (that is beyond the scope of this unit), rather, they will have a good understanding of the tax implications of investment strategies, when they need a tax professional, what a tax professional lawyer can do for them or their client/s, and how to instruct a tax professional. |