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Chapter 1: Introduction

• Class Interaction

  • Encouraged students to talk and connect with each other, fostering relationships in a large class setting.

  • Highlights the importance of introductions in building rapport.

• Course Introduction

  • Lecturer introduces himself as Edache, a PhD graduate from New Zealand, now part of the School of Accounting and Commercial Law.

  • The School of Business is recognized as one of the top 1% globally, holds triple crown accreditation (AACSB, Equis, Amber).

• Teaching Team

  • Key members include:

    • Edache: Course coordinator and lecturer.

    • Isabella: Instructor for weeks 7-12.

    • Lee Vasiliades: Course administrator, handles general administration.

  • Flexible office hours for student consultation.

  • Encouraged communication via email for scheduling appointments.

• Guest Lectures

  • Nicola Lancaster from CANS is scheduled for week one to discuss accounting profession insights.

  • Perry Thomas from CPA Australia in week two.

  • Crystal Nelson (former student) will share her industry experience at KPMG.

• Roles and Responsibilities

  • Emphasized importance of knowing which lecturer to contact regarding specific issues.

  • Requests for assessment considerations should go to Edache.

  • Tutors are not responsible for reconsiderations or administrative issues.

Chapter 2: Want Some Kind

• Course Content and Support Structure

  • Emphasis on contacting the correct person (Edache for weeks 1-6 and Isabella for weeks 7-12).

  • Tutorials will offer assistance with course content—students should adhere to their assigned tutorial slots.

• Class Times

  • Lectures will be hybrid: in-person and online.

  • Attendance in person recommended for better engagement; lectures will be recorded.

  • Assessment components are crucial; students should be aware of deadlines and dates.

Chapter 3: Forms of Accounting

• Attendance andTutorials

  • Importance of attending assigned tutorials and contacting Lee for scheduling changes.

  • Materials and announcements are essential for students’ learning experience.

• Course Platforms

  • Use of Canvas (also known as Nuku) for accessing course materials, updates, and announcements.

  • Lectures are structured to guide students through learning objectives, starting with what accounting is.

Chapter 4: Limitation of Accounting

• Understanding Accounting

  • Definition: Accounting is the process of collecting, analyzing, summarizing, and communicating financial data.

  • It tracks events and transactions that can be accurately quantified.

• Financial Events

  • Events tracked by accounting include sales, purchases, and asset depreciation.

  • Importance of accounting as a process rather than just record-keeping.

Chapter 5: Good Accounting Sense

• Benefits of Understanding Accounting

  • Useful for individuals and organizations alike, aiding in tracking performance and making informed decisions.

  • Accountants are trained professionals who manage these tasks.

Chapter 6: Affect These Stakeholders

• Stakeholder Engagement

  • The shift in accounting roles to include considerations for various stakeholders (e.g., employees, customers, future generations).

  • Stakeholders now encompass a broader range beyond traditional financial providers, including social and environmental interests.

• Accounting Information Needs

  • Stakeholders require various types of information, including profitability, tax obligations, and operational efficiency.

• Definition of Stakeholders

  • Stakeholders are individuals or groups that can affect or are affected by an organization’s activities.

Chapter 7: Conclusion

• Interactive Discussions

  • Engaging format encouraged participation, with students highlighting various stakeholders.

  • Overview of lectures and insights for upcoming lectures.