ACC101 Accounting for Decision Making Assessment Answer Australia

ACC101 Accounting for Decision Making Assessment Answer - Get it From Us

Do you know those who have studied the ACC101 Accounting for Decision Making course are earning very well? In Australia, the average accountant compensation is $92,525 per year or $47.45 per hour. The starting salary for entry-level occupations is $79,438 per year, with most experienced individuals earning up to $116,392 per year.

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This course is aimed to prepare students to be knowledgeable users of accounting data of all kinds. It's broken down into three sections. The first portion of the course teaches the fundamentals of accounting and accounting terminology. The second section covers ideas related to financial reports intended for external audiences such as financial analysts, creditors (such as bankers), and shareholders.

Local and worldwide accounting standards are mentioned in this section. The third section of the study explores the fundamental ideas of information for business managers. Basic cost ideas, product costing, and decision-making approaches like pricing, product mix, outsourcing, and capital investment are all covered.

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What are the Learning Outcomes of This Course?

Our Accounting for Decision Making assignment help experts have tried to show the learning outcomes of this course; check out what you will gain after completing the course -

• Describing the ideas that underpin the creation of general-purpose financial reports; explain the purpose of a balance sheet, income statement, and statement of cash flows, as well as the elements that impact their content;
• Applying the principles of current value and future value; analysing financial statements; explaining management's information needs;
• Examine and apply cost-volume-profit analysis; use different management accounting approaches to analyse decisions faced by management, and demonstrate a comprehension of the function and development of budgets.
• Verify and synthesise information needed for short and long-term management accounting decision-making;
• To make educated management judgments, articulate and design problem-solving approaches;
• Validate and convey the decision-making process's conclusions.
• Examine financial and management accounting theory, tools, and approaches critically.
• Analyse, understand, and evaluate pertinent accounting data.
• Apply theory and practise of financial statement analysis;
• Make use of your problem-solving abilities;
• Respond clearly and concisely, either orally or in writing.

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What Topics are Covered Under This Course?

Our ACC101 Accounting for Decision Making academic assistant has said that the course is very engaging and can give you a lot of information and analytical skills. To give you a gist of it, our experts have added here some topics added here in this course; take a look added here -

• Overview of accounting
• Business sustainability
• Accountability and ethics
• Business and ethics
• Business structure and transactions
• Balance sheet and cash flow statement
• Budgeting
• interpretation of financial reports
• Capital investment
• Cost volume profit analysis
• Performance management and Financing the business
• Costing and pricing in an entity
• Decision-making context
• External financial reports
• Financial and business structure
• Tools of analysis
• Financial statement reports and so on.

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