Program Information - Stage 1
Stage 1: Graduate Certificate of International Accounting
The Graduate Certificate of International Accounting is designed to give participants an overview of accounting from a user's point of view and to introduce the basic principles and concepts underlying the accounting discipline. This stage covers both the fundamentals and evaluation of accounting; financial information; and the internal management accounting systems developed by business entities to enable them to better manage their activities. Emphasis is placed on accounting as an information system and a commercial computerised package is incorporated into the program.
Prerequisite: A university degree or extensive work experience.
Subject Descriptions
HBC0400: Accounting Fundamentals
Introduces participants to the fundamentals of accounting and financial information. Provides participants with the skills and knowledge to effectively use and analyse accounting and financial information. Participants gain practical skills required for the preparation of various accounting and financial reports.
HBC0404: Accounting Information Systems
Addresses the development of the accounting process as an information flow to provide the basis from which management control and decision making stems. The information flows are illustrated by using a series of practical examples on a computer based accounting system. It also discusses in detail double entry accounting and develops participants' understanding of the impact on a company's records of a range of transactions.
HBC0406: Economics
Addresses the key macroeconomic and microeconomic concepts. Microeconomics: introduces participants to the principles, practice and limitations of markets and the firm's economic decision making process. Macroeconomics: Introduces the measurement of national economic performance, and factors/policies, which influence macroeconomic outcomes.
HBC0408: Financial Management
Provides an understanding of the concepts of corporate finance and develops the skills of analysis and evaluation needed to apply the concepts of corporate finance to financial management. Participants also obtain practical understanding of various methods of project evaluation and how these can be used to differentiate between alternative projects.
