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Class Notes (1,030,089)
AUS (35,043)
Monash (3,663)
ACC (26)
ACC1200 (12)

Class Notes for ACC1200 at Monash University

Accounting for managers

ACC1200 Lecture Notes - Lecture 12: Decision Rule, Net Present Value, Cash Flow

Week 12: Capital Investment There are different investment decisions that a business can undertake at a certain point in time. Whether it be to invest in new capital material, expand their business or open more ...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture Notes - Lecture 11: Financial Analysis, Trend Analysis, Financial Statement

Week 11: Analysis and Interpretation Analysis and interpretation of financial statement: To provide useful information to assist users to make informed decisions relevant to their circumstances. Whether to grant loa...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture Notes - Lecture 10: Activity-Based Costing, Indirect Costs, Cost Driver

Week 10: Costing and Pricing CVP Analysis is only one of aspect of management accounting that helps inform decision making. o Costs can be classified according their behaviour: fixed, variable or mixed c...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture Notes - Lecture 9: Food Packaging, Fixed Cost, Unit Price

Week 9: Cost Profit Volume Analysis Cost Profit Volume Analysis: Gives the business insight on the effects of costs and volume on profit. It is a business planning tool for businesses to further develop a variety of 'what...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture Notes - Lecture 8: Cash Cash, Income Statement, Participatory Budgeting

Week 8: Budgeting Budgeting: internal reports of an organisation, generally not information that is made available to the public in its entirety. A companys forecast is expressed via their budget. What is a budget? A finan...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture 7: ACC1200 - WEEK 7 NOTES

Week 7: Business Planning and Performance Measurement A business needs to be carefully consider the following before commencing: Structure Mission Goals and objectives ...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture Notes - Lecture 6: Legal Personality, Limited Liability, Milk Bar

Week 6: Business Structure Types of Business Structures: Sole traders: one person only controlling, managing and owning the business (eg. Milk bar, hairdressers, plumber) Advantages ...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture Notes - Lecture 5: Cash Flow, Financial Statement, Income Statement

Week 5: Statement of Cash Flow RECAP: General Purpose financial statements: used to meet the needs of common information for external users to assist them in decision making Balance sheet: wealth of entity at the po...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture Notes - Lecture 4: Accounts Receivable, Debt Ratio

Week 4: Balance Sheets Balance Sheet: One of the 4 main financial reports that are prepared for external users. BUT it is not just prepared at the end of the period for external reporting requirements, they are used by man...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture Notes - Lecture 3: Accrual, Financial Statement, Net Profit

WEEK 3 Income statements and statement of equity changes Accounting policies: General purpose financial statements have format and content specification, but they have flexibility to assist in preparing reports. Judgement ...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture Notes - Lecture 2: Ibm General Parallel File System, Photocopier, Accounting Equation

WEEK 2 Business Transactions RECAP: Accounting equation: Assets = Liabilities + Owners Equity Business transactions Process Relevant transactions and events that occurred General purpose financial statement (GPFS) Business...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
ACC1200 Lecture Notes - Lecture 1: Management Accounting, Faithful Representation, Jargon

WEEK 1 Accounting Process Accounting is the management, planning and recording of transactions within a business, that showcases the performance of a business and its future prospects. Accounting Process 1. Identifying the...

Accounting
ACC1200
ROBERT CORNICK & ALICE LOW
Permachart - Marketing Reference Guide: Statement Of Changes In Equity, Retained Earnings, Cash Cash

permacharts MT FINANCIAL STATEMENTS • Financial statements are documents that are BALANCE SHEET (B/S) STATEMENT OF RETAINED EARNINGS (SRE) ...

Accounting
ACTG 2010
All Professors
Accounting II - Reference Guides

Advance your knowledge with our advanced Accounting II! This companion Guide to Accounting I develops the reader’s understanding of balance sheets before moving into an effective summary of how assets are treated for accou...

Accounting
ACTG 2010
All Professors
Cost Accounting - Reference Guides

Specialized Accounting quick reference information in one handy place! This Guide provides specialized reference material that flows naturally from the contents of its companion Guides Accounting I and Accounting II. The t...

Accounting
ACTG 2010
All Professors

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