ACCOUNTANCY A
Two lectures and two tutorial classes per week throughout the year.
SYLLABUS
An introduction to the theory and practice of financial accounting:—
Accounting for the formation and operation of the businesses of sole traders, partnerships, companies and non-trading enterprises.
The preparation and presentation of accounting reports for sole traders, partnerships, companies, non-trading enterprises, and from incomplete records.
Analysis and interpretation of accounting reports. The Funds Statement.
Preparation of budgets as an aid to management.
Introduction to general principles and purposes of auditing.
BOOKS
Prescribed All students should possess the following:—
GOLDBERG, L. and HILL, — Elements of Accounting
V. R. (Latest Edition, M.U.P.)
FITZGERALD A. A. (ed.) — Fitzgerald's Accounting (Latest Edition, Butterworth.)
Accountancy Exercises — First year (M.U.P.)
— Studies in Accounting Theory (Sweet and Maxwell)
— Accounting and Action (Law Book Co.)
— Analysis and Interpretation of Financial Statements (Butterworth)
— An Introduction to the Theory of Financial Statements (Law Book Co.) - Accounting Concepts of Pro/It (Ronald)
— An Outline of Accounting (Law Book Co.)
— Concepts of Depreciation (Law Book Co.)
— An Inquiry into the Nature of Account- ing (American Accounting Association) HARRISON, J.
HORROCKS, J. and NEWMAN, A. L.
MATHEWS, R.
YORSTON, R. K., SMYTH, E. B. and BROWN, S.R.
— Accounting, A Direct Approach (Cheshire)
— Accounting for Economists (Cheshire)
— Accounting Fundamentals (Law Book Co.)
EXAMINATION
Students are required to submit assignments each week and this work, together with unit tests held during the year, will be taken into con- sideration in determining the final result.
Final examination—one three-hour paper.
ACCOUNTANCY B1 This subject may not be offered every year.
Three lectures and one tutorial class each of one hour throughout the academic year.
Accountancy A, or Accountancy 1 (University of Melbourne) must have been passed before this subject may be attempted.
SYLLABUS
The theory and practice of financial accounting; including accounting for the bankruptcy of sole traders and partnerships; liquidation of com- panies; preparation and presentation of consolidated accounting reports for holding companies; valuation of shares and other securities; fiduciary accounting; public accounting; income tax law and practice; and an introduction to the theory of financial management.
BOOKS
All students are required to possess the latest edition of the following texts:
FITZGERALD, A. A. (ed.) — Fitzgerald's Accounting (Butterworth)
YORSTON, SMYTH and BROWN — Advanced Accounting Vol. I (Law Book Co.)
Advanced Accountancy Exercises (M.U.P.) Victorian Companies Act.
Bankruptcy Act.
Income Tax Act.
Reading lists for individual topics will be issued during the year.
EXAMINATION
Two three-hour final papers, and unit tests on selected topics through- out the year.
f bl lb )
f f f responsibility
accounting; historical cost, standard cost, and direct irect cost systems; budgetary control;. joint and by-product costing; departmental and branch accounting;
the evaluation of capital expenditure proposals; and an introduction to data processing systems.
BOOKS
HORNGREN — Cost Accounting — A Managerial Emphasis 2nd Ed.
(Prentice-Hall)
Advanced Accountancy Exercises (M.U.P.)
Reading lists for particular topics will be issued during the year.
EXAMINATION
One or two three-hour papers, and unit tests on selected topics through- out the year. Satisfactory performance is also required in a 'business game which is conducted at the end of Term H.
COMMERCIAL LAW
A course of two lectures per week, with tutorial classes throughout the year.
SYLLABUS
The course is aimed to give a knowledge and understanding of the theory and application of the Law of Contract, and topics studied will include:
Formation of Contract, Terms of the Contract, Parties to the Contract, Defective Contracts,
Discharge of Contracts and Remedies for Breach, Sale of Goods,
Hire Purchase, Insurance.
BOOKS
Note: The latest edition of books should be used in all cases.
Prescribed Books
STARKE, J. G. and — Cheshire and Fifoots Law of Contract HIGGINS, P. F. (Butterworth)
ATIJAH, P. S. — The Sale of Goods (Pitman) Students must obtain copies of the following acts:
Goods Act 1958. (Victoria) Hire Purchase Act 1959. (Victoria)
Recommended for Reference
SAMEK, R. A. — An Analytical Guide to Contract and Sale of Goods (Law Book Co.)
JOSKE, P. E. — Sale of Goods and Hire Purchase in Australia and New Zealand (Butterworth)
BROWNE, D. — Mac Gillivray on Insurance Law (Sweet and Maxwell)
EXAMINATION
Unit tests throughout the year, and one three-hour final examination.
52
References BACH, G. L BRUNS, G.
COHEN, K. J. and CYERT, R. M.
EASTHAM, J. F.
FERGUSON, C. E. and KREPS. J. M.
GRAYSON, H.
KARMEL, P. and BRUNT, 11I.
LIPSEY, R. G.
ROWE, J. W. F.
SA.`MUELSON, P. A.
STIGLER, G.
STONIER, D. C. and HAGUE, A. W.
ROBERTSON, D. H. and DENNISON, S.
ROBINSON, E. A. G.
WATSON, D. S.
ECONOMICS A Economics of the Firm
A course of two lectures per week, with tutorial classes, throughout the year.
SYLLABUS
Functions of the Economic System and types of Economic Systems.
Demand and Supply for a perfectly competitive industry; diminishing returns and economics of scale; the determination of price and output for monopoly, perfect competition, monopolistic competition and oligopoly; demand for a factor; wage bargaining; the stock exchange; company structure and securities and restrictive trade practices of the U.K., U.S.A. and Australia.
The course will have special reference to Australia.
BOOKS
Recommended for Preliminary Reading HAGUE, A. W. and
STONIER, D. C. — Essentials of Economics (Longmans) BEACHAM, A. and — Economics of Industrial Organization
WILLIAMS, L J. (Pitman) Prescribed Books
LEFTWICH, R. H.
— Economics (Prentice-Hall)
—
The Stock Excange— Theory of the Firm (Prentice-Hall)
— Graphical Economics (London, English Universities Press)
— Principles of Economics (Holt, Rinehart and Winston)
— Price Theory in a Changing Economy (Macmillan)
— The Structure of the Australian Economy (Cheshire)
— An Introduction to Positive Economics (Weidenfeld and Nicolson)
— Primary Commodities in International Trade (C.U.P. Paperback)
— Economics (McGraw-Hill)
— The Theory of Price (3rd Edition, Macmillan)
- Textbook of Economic Theory (Longmans)
— Control of Industry (Nisbet)
— Monopoly (Nisbet)
— Price Theory and Its Uses (Houghton- Mifflin)
to in lectures.
EXAMINATION
Unit tests throughout the year, and one three-hour paper at the end
— The Price System and Resource Allocation (3rd Edition, Holt Rinehart, Winston)
Other publications as referred
of the year. Satisfactory completion of assignments is a pre-requisite for admission to the final examination.
ECONOMICS BI Economics of Employment
A course of two lectures a week, with tutorial classes throughout the year.
Economics A must be passed before this subject is taken.
SYLLABUS
The theory of income determination; wages and employment; prices and economic fluctuations; balance of payments and international trade effects on employment and income; government influence on employment and income; economic dynamics; the principles of money and banking in England, U.S.A. and Australia; demography theory.
BOOKS
Recommended for Preliminary Reading DAY, A. C. L.
PEN, J.
Prescribed Books
— The Australian Trading Banks Cheshire, 1965 (Edition 3)
— A guide to Keynes (McGraw-Hill, 1953)
— The General Theory of Employment, Interest and Money (Macmillan)
Reference: Book lists to be distributed throughout the year.
EXAMINATION
Unit tests through the year; and one research essay.
ECONOMICS B2 Economics of Consumption
A course of two lectures per week, with tutorial classes throughout the year.
Economics A must be taken prior to this subject.
SYLLABUS
The theory of consumer demand and welfare economics; community consumption patterns; factors affecting consumer behaviour; consumer attitudes and expectations; methods of collecting statistical data; sampling;
classification and presentation of data; graphs; averages and their character- istics; dispersion and skewness; frequency distributions; regression and correlation; tests of significance for large and small samples; analysis of time series.
BOOKS
Recommended for Preliminary Reading
McKENNA, J.
—
Intermediate Economic Theory (Holt) STONIER, A. W. and — Textbook of Economic TheoryHAGUE, D. C. (Longmans) Chap. 1-3
— The Economics of Money (Oxford U.P. 1959)
— Modern Economics (Pelican, 1965)
ARNDT, H. W. and HARRIS, C. O.
HANSEN, A. H.
KEYNES, J. M.
54
References BILAS, R. A.
COCHRANE, W. W.
and BELL, C. S.
DUESENBERRY, J.
HICKS, J. R.
KARMEL, P.
KATONA, G.
KATONA, G.
KATONA, G.
MILLS, F. C.
MOSER, C. A.
R MAKRISHNA, K. T. —
SCITOVSKY, T. —
Other publications as referre
— Microeconomic Theory
—
A Graphical Analysis (McGraw-
Hill)—
Economics of Consumption (McGraw-
Hill)— Income, Saving and the Theory of Consumer Behaviour (Harvard University Press)
— Value and Capital (Oxford, Clarendon Press)
— Applied Statistics for Economists (Pitman)
— The Mass Consumption Society (McGraw-Hill)
— The Powerful Consumer (McGraw-Hill)
— The Psychological Analysis of Economic Behaviour (McGraw
-
Hill)— Statistical Methods (Pitman)
— Survey Methods in Social Investigation (Heinemann)
Lectures ors Advanced Economic Theory (Asia)
Welfare and Competition (London, Unwin, University Books)
d to in Lectures.
EXAMINATION
Unit tests throughout the year, and one three-hour paper at the end of the year. Satisfactory completion of assignments is a pre-requisite for admission to the final examination.
ECONOMICS C Economics of Government
A course of three one-hour, and one two-hour seminars a week, through- out the year.
Economics B1 must be passed before this subject is taken.
SYLLABUS
A survey of Australian government statistics with particular reference to National Income Statistics. The theory of Input-Output and a study of Input-Output statistics of the U.S.A. and Australia. The theory of public finance, including the theory of government expenditure and resource allocation priorities and the equity and economic theory of revenue. The theory of international trade; both free trade and the aims and methods of government intervention into trade. A study of modern theories of economic growth and development, and the government's role in the growth process.
BOOKS
Book lists to be distributed throughout the year.
EXAMINATION
Four unit tests throughout the year, and two assignments.