GPACC1508 Principles of Accounting
This unit introduces students to the basic principles of accounting and finance and how they are used to support simple business decision-making. Students will learn how to understand and use accounting information, including key financial reports, to help make informed decisions in a business setting. The unit is suitable for students who are considering further study in accounting or finance, as well as for those who want a general understanding of how financial information is used across different areas of business. This course has been created to incorporate additional learning hours to support students' academic and study skill development. By the end of this unit, students will be able to explain the accounting process, use basic accounting terms, and interpret simple financial reports. They will also be able to recognize how accounting information is used by people such as business owners, managers, and lenders to support business decisions.
Commonwealth Supported Place (CSP) unit fee
A Commonwealth Supported Place (CSP) is one that is subsidised by the Australian Government, which means students only pay the student contribution amount of the tuition fee. CSPs are only available to eligible domestic students.
The student contribution amount depends on the unit and how much funding the Government provides. Each unit is classified into a band based on its discipline (which may be different to your overall course discipline).
2026 student contribution amount: $2,175
2026 grandfathered student contribution amount (for students who commenced before 1 Jan 2021*): $2,175
* If you are a continuing student (who commenced your course before 1 January 2021) you will continue paying the same amount as you would have, had legislative reforms not been implemented for any units that would otherwise have an increased student contribution amount.
