2014 Unit of Study

The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).

The University of Sydney session calendar shows exact dates for sessions.

Quantitative Methods for Accounting
UoS Code QBUS5002
Credit points 6
Offered Semester 1 and Semester 2
Prerequisites None
Prohibitions ECMT5001, QBUS5001
Assumed Knowledge
Additional Information
Lectures 1 x 2hr lecture and 1 x 1hr tutorial
Assessment assignments (15%), quizzes (15%), mid-semester exam (20%), and final exam (50%)
Description Accountants in the workplace need to be familiar with effective techniques for dealing with business data. This unit uses spreadsheet tools and accounting examples to introduce the most important data analysis methods. The unit will help students understand variability and detect when variation is random and when something significant is going on. This unit will also enable students to uncover the relationships between variables that can be hidden in business data. Students will learn how to look at accounting data and use it to forecast business performance. Students will also be given examples of the misuse of statistics in an accounting context. The unit will be taught through data- driven examples, exercises and business case studies.