Pottery Institute

• Level 1 core unit in the Accounting; Finance major sequences
• The area of knowledge for this unit is Management and Commerce
• The area of knowledge for this unit is Management and Commerce
• Category B broadening unit for students
• Level 1 elective

Content This unit introduces the basic concepts of financial management. The emphasis is on providing an appreciation of introductory finance theory and understanding the fundamental tools of financial decision making. Topics include financial mathematics; investment evaluation techniques; capital budgeting; the valuation of both debt and equity securities; risk and return relationships; and diversification and portfolio theory.

• Level 1 core unit in the Economics; Professional Economics; Philosophy, Politics and Economics major sequences
• Level 1 complementary unit in the Accounting; Marketing; Finance; Management; Human Resource Management; Business Law major sequences
• The area of knowledge for this unit are Management and Commerce, Society and Culture.
• Category B broadening unit for students
• Level 1 elective

Content This is an introductory unit in microeconomics. Topics include an introduction to the economic problem; the determination of prices; demand and supply; market failure and the role of government; and market structure.

• Level 1 core unit in the Management; Human Resource Management major sequences
• Level 1 complementary unit in the Accounting; Economics; Marketing; Professional Economics; Finance; Business Law major sequences
• The area of knowledge for this unit is Management and Commerce.
• Category B broadening unit for students
• Level 1 elective

Content This unit provides an understanding of individual and group behaviour in organisations, with an emphasis on similarities and differences in different cultures. Topics that deal with individuals in organisations include personality, perception, motivation, ability, satisfaction, decision making and stress. Topics relevant to group behaviour include interpersonal relations, group dynamics, group decision making, leadership, conflict, power, ethics, social justice and social responsibility. The application of theory and research findings to management practice in organisations is addressed in the coverage of these topics.

• Level 1 core unit in the Marketing major sequence
• Level 1 complementary unit in the Accounting; Economics; Professional Economics; Finance; Management; Human Resource Management; Business Law major sequences
• The area of knowledge for this unit is Management and Commerce.
• Category B broadening unit for students
• Level 1 elective

Content Marketing is everywhere. It is built on the premise that organisational, business, and even personal success comes through understanding the needs and perspectives of others, and through communicating with others based on this understanding.
In organisations, commercial and non-commercial, large and small, marketing is the function that links the organisation to the external environment. First, marketing is responsible for gathering and analysing data from many sources, such as social media. Then, based on this market research, marketing is responsible for developing products and services for many different customers, and then promoting these offerings in many ways, such as search engines.
All organisations carry out marketing. You even have to market yourself! In this unit, students are introduced to a range of marketing topics, hopefully creating an interest to learn more in the specific marketing major units in following years.

• Level 1 complementary unit in the Accounting; Economics; Marketing; Professional Economics; Finance; Management; Human Resource Management; Business Law major sequences
• The area of knowledge for this unit is Management and Commerce
• Category A broadening unit for Bachelor of Commerce students where relevant according to the broadening requirements for each student
• Level 1 elective

Content This unit covers basic statistics and is compulsory for Bachelor of Commerce students. Topics include displaying and summarising data; random variables and their distributions; normal and binomial distributions; sampling distributions and hypothesis testing; confidence intervals; t-tests and F-tests; regression and correlation; goodness of fit; chi-square tests; and introduction to analysis of variance. Use of statistical packages is an integral part of the unit and emphasis is placed on examples of particular relevance to economics and commerce students.

• Level 2 core unit in the Accounting major sequence
• The area of knowledge for this unit is Management and Commerce
• Category B broadening unit for students
• Level 2 elective

Content This unit provides an introduction to the role of cost accounting in organisations. It focuses on the fundamental tools and approaches used for classifying and assigning the various types of costs incurred in an organisation. Tools for planning and control (including master budget, flexible budgets and variances), and cost information for decisions (including cost behaviour, decision making and relevant information) are also studied.

• Level 2 core unit in the Accounting major sequence
• The area of knowledge for this unit is Management and Commerce
• Category B broadening unit for students
• Level 2 elective

Content This is an intermediate unit in financial accounting with a primary focus on accounting for companies. Current Australian practice is examined and integrated with broader theoretical perspectives, seeking to provide the student with a comprehensive and up to date understanding of the key relevant issues in the current corporate accounting environment.

• Level 2 option in the Accounting major sequence
• The area of knowledge for this unit is Management and Commerce
• Category B broadening unit for students
• Level 2 elective

Content This unit provides an introduction to the law and practice of income taxation in Australia. It focuses on the principles governing the assessment of income and deductibility of expenditure, the treatment of capital gains and losses, the key provisions affecting individuals, partnerships, companies and trusts, and aspects of compliance and the appeals process. Core provisions of the Income Tax Assessment Act 1936 and the Income Tax Assessment Act 1997 are examined. Kindred legislation such as the Fringe Benefits Tax Assessment Act 1986 and the Taxation Administration Act 1953 is also considered.

• Level 3 option in the Accounting major sequence
• The area of knowledge for this unit is Management and Commerce
• Category B broadening unit for students
• Level 3 elective

Content This unit focuses on the strategic aspects of management planning and control for profit seeking firms and examines the contribution management accounting makes in setting and maintaining organisational direction. Topics include the development of performance measurement and evaluation systems within decentralised firms; the use of financial and non-financial performance measures for evaluating business unit performance; pricing intra-organisational exchanges; the cost allocation problem; and contemporary topics such as strategic cost management, customer profitability analysis and investment in new technology.

• Level 3 option in the Accounting major sequence
• The area of knowledge for this unit is Management and Commerce
• Category B broadening unit for students
• Level 3 elective

Content This unit provides students with an appreciation for the different types of systems to evaluate and reward employees and business units. The focus is on the qualities that performance measures need to be included in bonus plans, for promotion decisions, or in interorganisational contracts. The unit is grounded in recent developments in economics and the behavioural sciences which have extensively studied the appropriateness of performance measures and evaluation practices to stimulate creativity, group collaboration, and strategic alignment. Students gain insights in these research findings through interactive discussions in class.

• Level 3 option in the Accounting major sequence
• The area of knowledge for this unit is Management and Commerce
• Category B broadening unit for students
• Level 3 elective

Content This unit focuses on the fundamental analysis of four financial statements: the income statement; the balance sheet; statement of change in equity; and the cash flow statement. The financial analysis primarily involves the use of ratios to analyse a firm's performance against appropriate benchmarks. The prospective analysis involves the development of forecast financial statement information which can then be used to estimate a firm's value.

• Level 3 option in the Accounting major sequence
• The area of knowledge for this unit is Management and Commerce
• Category B broadening unit for students
• Level 3 elective

Content This is an advanced unit in financial reporting focusing on both theories and practices relating to financial reporting and regulation. Current Australian practice is examined and integrated with broader theoretical perspectives, seeking to provide the student with a comprehensive and up-to-date understanding of contemporary accounting standards and significant issues in the current accounting environment.

• Level 3 option in the Accounting major sequence
• The area of knowledge for this unit is Management and Commerce
• Category B broadening unit for students
• Level 3 elective

Content This unit provides an introduction to auditing and an overview of the audit process and brings together many of the issues considered in other units studied as part of the Commerce degree. Topics include auditing concepts and procedures; the scope and limitation of auditing; auditing standards and responsibilities; legal aspects; internal control; audit risk analysis; audit evidence; and impact of CIS on auditing and audit reports. The unit also addresses many of the current issues affecting the auditing profession including the growing area of assurance services.

• Level 3 option in the Accounting major sequence
• The area of knowledge for this unit is Management and Commerce
• Category B broadening unit for students
• Level 3 elective

Content This unit focuses on the strategic application of management accounting concepts, tools and techniques to analyse and resolve problems of local and international firms. Topics include the implementation of strategies through budgets and balanced scorecards, the development of strategic supply chain alliances with activity based costing, the role of transfer prices in aligning the incentives of autonomous divisions, and the value and cost of production capacity. In-depth group discussions and evaluations of case studies are used to develop an appreciation of how strategic management accounting concepts, tools and techniques can be deployed in the context of the complex, real world situations of many firms and the behavioural consequences that can flow from such use.