Quantitative Methods for Accounting (QBUS5002)

UNIT OF STUDY

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 helps students understand variability and detect when variation is random and when something significant is going on. This unit also enables students to uncover the relationships between variables that can be hidden in business data. Students learn how to look at accounting data and use it to forecast business performance. Students are also given examples of the misuse of statistics in an accounting context. The unit is taught through data- driven examples, exercises and business case studies.

Our courses that offer this unit of study

Further unit of study information

Classes

1 x 2hr lecture and 1 x 1hr tutorial

Assessment

Mid-semester exam (30%), group project (20%), and final exam (50%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

Students should be capable of reading data in tabulated form, working with Microsoft EXCEL, and doing High School level of mathematics

Prohibitions

ECMT5001, QBUS5001

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.