Accounting Principles

Qualification: Postgraduate unit
Study mode: Online
Payment options: FEE-HELP may be available
Duration: 13 weeks
Start date: Enquire now for upcoming start dates
Awarded by: Swinburne University of Technology
Course Unit A course unit is a single subject offered as part of a program of study, but can be completed individually. You may receive Recognition of Prior Learning for studying this unit.

Want more course info?

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

About this unit

This online unit in Accounting Principles, offered by Open Universities Australia and Swinburne University, aims to develop your understanding of the main accounting reports that are a product of accounting systems.

This is a postgraduate unit, so it will build on your existing accounting knowledge and take your skills to a more advanced level. You will look at the role accounting plays in business, and learn how key financial frameworks can be applied to your organisation’s needs.

By the end of the unit, you will be able to interpret financial reports, calculate ratios in order to make meaningful comparisons between businesses, and analyse a business’ performance from year to year.

Eligibility

To enrol in this unit, you must be accepted into one of the following courses:

  • Graduate Diploma of Information Technology Project Management
  • Master of Information Technology Project Management
  • Graduate Certificate of Information Technology Project Management

Areas of study

In this Accounting Principles unit, the topics you will study include:

  • The role of accounting in business
  • Business planning – budgeting and operational decision making
  • Understanding costs and revenue in an entity – focus on cost behaviour, cost traceability and pricing issues
  • Performance evaluation of the business unit and its manager
  • Transaction analysis and preparation of financial reports
  • Analysis and interpretation of financial reports – incorporating working capital management

Course pathways

This unit is a core requirement in the following courses:

  • Graduate Diploma of Information Technology Project Management, Swinburne University
  • Master of Information Technology Project Management, Swinburne University
  • Graduate Certificate of Information Technology Project Management, Swinburne University

Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.

Get more information

Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Want to know more about life as an OUA student? Listen to Leigh's story.

How will this unit advance my career?

By the end of this unit in Accounting Principles, you will be able to critically evaluate the role of accounting information within businesses. Through examining frameworks, looking at examples, and practising, you will gain the ability to create, interpret and analysis financial reports. You will also able to calculate ratios, compare financial success between businesses, and analyse a business's performance on an annual and monthly basis.

This unit also teaches you how to prepare financial reports through the application of accrual based accounting principles. Accounting Principles serves as a great introduction to data-driven decision making. After taking this unit, you will be able to solve business problems methodically and select financial information that is relevant to individual business decisions. Successful completion of this unit will put you in good stead for a career in accountancy.

The ability to use and understand financial models is invaluable in all areas of business, so you will also be well equipped to pursue other careers in business. The skills developed through the assessments – namely improved presentation, writing, and revision skills – will also prove useful in your future career or in further study.

How else will I benefit from this unit?

  • Upon successful completion of this unit you will receive credit for competencies in Accounting Principles from Swinburne University.
  • Studying online means you can study where you want, at your own pace.
  • Gain industry-relevant skills and transferable knowledge.
  • Government financial support through FEE-HELP may be available.
  • Studying single units allows you the flexibility to work towards a qualification at your own pace.
  • Receive Recognition of Prior Learning (RPL) for this unit across a number of OUA's full degree programs.

Get more information

Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Financial assistance

If you are an Australian citizen, you may be eligible to receive a government FEE-HELP loan, meaning you can defer payment of your fees. 

Get more information

Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

You may be eligible to receive FEE-HELP for this course!

This course can be paid for through the FEE-HELP government loan scheme. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.

Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).

Find out more about government study loans here.
For two decades, Open Universities Australia (OUA) has partnered with leading Australian educators to make tertiary-level courses easier to access for people, no matter their background, their work status or their other life commitments. OUA has built up their reputation by making education more flexible, easier to tailor and available almost entirely online.

OUA's devotion to online education remains to this day, but where they once focused on higher education, today they offer the broadest set of post-secondary education and training programs in Australia.
Open Universities Australia offers a range of administrative and student support options. As a student of OUA you will have access to four hours of free expert tutoring support for each unit undertaken through the tutoring service SMARTHINKING. This on-demand service allows you to get fast, detailed feedback on your assignment drafts and gives you access to your tutor in real time.

The My OUA portal is an online student medium that allows you access to all your course and enrolment information as well as access to student forums and assessment tips.

Accounting Pathway Program

The online Accounting Pathway Program provides the unprecedented opportunity to combine three accounting qualifications within a single program.


read more

Financial Accounting 3

Advance your understanding of financial reporting with this online Financial Accounting 3 unit from the University of South Australia.
read more

Get more information

Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

Over 1,000 accredited online courses from leading Australian universities, TAFEs and colleges