AF201 Managerial Accounting

Prerequisites: AF101 and AF102

This course utilises the cost accounting data studied in AF102. An analysis of the management accounting function with special emphasis on variable cost classification and its application to business decisions; techniques to facilitate the decision making process including capital investment decisions. An introduction to systems design and computer programming.

 

AF205 Law of Associations

Prerequisite: None, though completion of AE108 is recommended

This course introduces the basic principles of partnership law and company law. Brief reference is made to the use of the trust in business contexts. Statutory material for the course is taken from Fiji. Occasional reference for comparative purposes is made to the statute law of other South Pacific island nations. Case law is drawn from a variety of common law jurisdictions.

 

AF208 Financial Management

Prerequisites: AF101 and AF102 or FM102

This course studies the development of a framework for investment and financing decisions both short and long term for private enterprises and government bodies; the factors influencing the allocation of funds to competing alternatives; risk analysis models for financial decision making; the financial system; the theory of capital structure; and, financial strategies for growth.

 

AF209  Electronic Commerce

Prerequisites: IS100 or IS121 or AF121

The course constitutes an introduction to electronic commerce - a term which means the sharing of  business information, maintaining business relationships and conducting business transactions by means of  telecommunication networks. The course explains electronic commerce, associated security issues, business strategies and management issues  and examines pertinent technology standards and protocols.

 

AF210 Financial Accounting

Prerequisite: AF102

This course is designed to provide an understanding of the regulatory framework that governs financial reporting practice, a sine qua non for any professional in the discipline of accounting. The course considers the justification for the regulation of accounting practice, the need for ongoing critical review of accounting regulations and consequent changes. The course will expose students to the current state of financial reporting practice and offer explanations as to why regulators have seen fit to establish such practices. Students will be encouraged to demonstrate competency in applying financial reporting practices, and to consider how such practices may continue to evolve.