The Finance for Decision Makers course has been designed for professionals keen to develop their skills, knowledge and understanding in financial accounting and management accounting to assist in evaluating the applications and limitations of accounting information, to improve their performance as managers. These skills will be developed through an initial understanding of the principles, processes and techniques involved in preparing financial reports and in using management accounting information. There is a focus on contemporary accounting practices so that participants are in tune with, or ahead of, accounting developments within their organisation.

This course assumes that participants have not studied accounting previously, and everything that you need to know is developed sequentially. Delivery of the course focusses on the understanding and practical application and use of accounting information irrespective of sector, industry or organisational size.

UniSA Business is the only business school in South Australia accredited by both AACSB (Association to Advance Collegiate Schools of Business) and the EFMD Quality Improvement System (EQUIS) – the world’s leading accreditation bodies recognising excellence in business and management education. This double accreditation demonstrates achievement of the highest international standards across teaching and learning, research, and stakeholder engagement, as well as a commitment to continuous improvement into the future.

Business schools that earn these accreditations must undergo a rigorous review process undertaken by peers in the business education community and industry, to ensure they have the resources, credentials and dedication to deliver first-rate programs, knowledge creation and positive impact on business and society.

These standards support UniSA Business to deliver on its mission, to innovate and engage, and to lead the business education community worldwide.

Program Benefits

This is a contemporary course with theory linked to application which will benefit both individuals and organisations in a variety of ways.

Individual benefits:

  • Develop your understanding and purpose of an accounting system
  • Understand the structure of three of the main financial statements, the balance sheet the income statement and) the cash flow statement
  • Gain an understanding of the role and value of financial information in managing an organisation
  • Learn from Australia’s leading University Business Schools with course facilitators of the highest standard

 

 

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Organisational benefits:

  • Participation in the course develops managers and teams for better decision making
  • An increased appreciation and understanding of the role of financial information in organisational strategic choices
  • Raised financial capability from an operational focus to a strategic perspective
  • Expanded understanding of measuring and evaluating performance against strategic goals

 

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Key Information

Dates Delivery Location Cost (ex. GST) Who this is suited to

2 full days 10:00am to 4:30pm

2 - 3 May 2022
7 - 8 November 2022

UniSA Business
City West Campus. North Tce, Adelaide

$1300
Discounts available for group bookings.

Emerging, mid-level and senior business leaders and executives from the private, public and not-for-profit sectors.
Suitable for those who have not previously studied accounting or finance.

What you can expect

This course will cover the following topics:

  • Understanding Financial Statements
  • Managing cash flows
  • Ratio and financial analysis
  • Cost behaviours and responsibilities
  • Budgeting and Control

The following content will be canvassed over 4-days x 3-hour Virtual Classroom sessions:

  • The nature of accounting
  • Basic accounting concepts
  • Accounting standards
  • The statement of cash flows
  • Working capital management
  • Analysing cash flows
  • Objectives and approaches to financial analysis
  • Investment condition ratios
  • Profitability and financial condition ratios
  • Understanding cost behaviour
  • Including costs in decision analysis
  • Costs across the value chain
  • Controllable and non-controllable costs
  • Cost-volume analysis
  • Break-even analysis
  • Product costing principles
  • Costing in service organisations
  • Activity-based costing
  • Planning and control systems
  • Behavioural issues in budgeting
  • Balanced scorecard

 

Optional Assessment

Satisfactory completion of optional assessment provides one credit into the Leadership Development Program programs, subject to entry criteria.

Learn from the experts

Dr Basil Tucker

Dr Basil Tucker is a Senior Lecturer in Accounting within the School of Commerce, and course co-ordinator of the MBA course, Accounting for Decision Making.

Before joining UniSA, Basil had been a Management Consultant – firstly with an international consulting firm, and then with a South Australian based practice. He has over twelve years consulting experience and has undertaken assignments with more than 120 organisations in Australia, the United Kingdom and the United States. Basil’s career experience also includes working in the not-for-profit, healthcare, media and manufacturing industries.

Dr Tucker has been a member of the Board of Management of several South Australian organisations, is a graduate of the Australian Institute of Company Directors, Company Directors Course, and a CPA.

Basil's research interests include the relationship between management control systems and strategy; management control; the management techniques developed by Ricardo Semler; social network theory; the ways in which academic research engages with practice; and, control and creativity.

Dr Basil Tucker

Cancellation Policy

The University of South Australia reserves the right to cancel events and issue refunds.  In the event that an attendee cannot attend, a substitute is welcome to attend in their place.  No refunds will be given unless 21 days notice is given in writing prior to the date of the planned event. If less than 21 days the fee can be used for the same course at a later stage, or another course of the same value.  

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