1997 Swinburne Higher Education Handbook

Langfield-Smith, K., Thorne, H. and Hilton, R. Manugement
Accounting, Australia, McGraw-Hill, 1995
Shillinglaw, G., Managwial Cost Accounting. 5th edn,
Homewood, Illinois, Irwin, 1982
LBC203 Computer Cost Accounting Systems
3 houn per week Lilydale Prerequisite: LBClOO and
LBC202 Assessment: examination, assignment
A stage 2 subject in the Bachelor of Business which also
maybe taken in the Bachelor of Social Science and Bachelor
of Applied Science.
0 bjectives
To understand the characteristics and purposes of the main
types of cost systems and how they provide information for
costing products and services, for measuring the
performance of managers and business segments and for
making strategic decisions.
Content
Topics covered include job order costing, overhead and
activity based costing, process costing, costing in the service
industries, standard costing, product costing and
performance measurement in Just in Time systems,
performance evaluation of business units, transfer pricing
and cost of quality programs.
Recommended reading
Hansen, D.R. and Mowen, M.M. Cost Management. 4th edn,
Cincinatti, Ohio, South Western, 1995
Horngren, C.T., Foster, G. and Datar, S.M. Cost Accounting A
Managerial Emphasis. 8th edn, Englewood Cliffs, N.J., Prentice
Hall, 1994
LBC204 Financial Management 1
3 hours per week Lilyddle Prerequisite: completion of all
core subjects Assessment: examination/assignments
A stage 2 subject in the Bachelor of Business which also
maybe taken in the Bachelor of Social Science and Bachelor
of Applied Science.
0 bjectives
The objectives of this subject are:
to provide students with an understanding of the
concepts of corporate finance;
to develop in students the skills of analysis and
evaluation needed to apply the concepts of corporate
finance to financial management.
Content
The course is structured from the point of view of
orientating the student to the fundamentals of managing the
financing and investment aspects of a business and covers
the following specific topics:
concepts of valuation;
evaluation and selection of investment projects;
cost of capital;
sources of finance and financial intermediaries;
dividend policy;
financing methods and impact on capital structure;
Recommended reading
Ross, S.A., Thompson, S., Christensen, M., Westerfield, R. and
Jordan, B., Fundamentals of Corporate Finance, 1st Aust. edn.
Hutchinson, P., Alison, S., Gregory, W., and Lumby, S.
Financial Management Decisions, 1st Aust. edn, Nelson, 1994
Bishop, S.R., Crapp, H.R. and Twite, G.J. Corporate Finance. 3rd
edn, Sydney, Holt, Rinehart and Winston, 1988
Brealey, R.A. and Myers, S.C., Principles of Corporate Finance,
4th edn.
Gitman, L.J., Principles ofManageria1 Finance, 7th Edn.
Peirson, G., Bird, R., Brown, R., and Howard. R., Business
Finance, 6th edn
LBC300 Accounting Theory
3 hours per week Lilydale Prerequisite: All second year
subjects required for professional accounting recognition
Assessment: examination/essay/tutorial perfomzance/test
A stage 3 subject in the Bachelor of Business which also
maybe taken in the Bachelor of Social Science and Bachelor
of Applied Science.
Objectives and Content
The objectives of this subject are:
to examine the development of theory accounting and
the methodology used by accounting theorists;
to describe and critically analyse a framework of
accounting concepts including assets, liabilities and
income;
to use the methodology and the framework developed
in the subject to study specific issues in financial
accounting including the development of accounting
standards, agency theory, current cost accounting ethics
and accounting for income tax, intangibles, mining and
foreign currency translation;
although the subject is concerned with theory,
considerable use is made of practical problems in parts
of the course, to illustrate the application of theory.
Recommended reading
Henderson, M.S. and Peirson, G. Issues in Financial Accounting.
6th edn, Melbourne, Longman Cheshire, 1994
Godfrey, J. et al., Accounting Theory, 2nd edn, Brisbane, Wiley, 1994
Henderson, M.S., Peirson, G. and Brown, R. Financial
Accounting Thwy, Its Nature and Development. 2nd edn,
Melbourne, Longman Cheshire, 1992
Matthews, M. and Perera, M. Accounting Beory &Development.
2nd edn, Melbourne, Nelson, 1993
Whittred, G. and Zimmer, I. Financial Accounting Incentive
Effects &Economic Consequences. 3rd edn, Sydney, Holt, Rinehart
and Winston, 1992
LBC301 Taxation
3 houn per week Lilydale Prerequisite: LBC201
Assessment: examination/assignments
A stage 3 subject in the Bachelor of Business which also
maybe taken in the Bachelor of Social Science and Bachelor
of Applied Science.
Objectives
The overall course objective is to develop in students an
understanding of the Income Tax Assessment Act, 1936, as
amended, together with those acts which are complementary
to the Assessment Act.
Swinburne University of Technology 1997 Handbook 405