Diploma of Accountancy

To qualify for the Diploma of Accountancy, students must complete 225 credit points comprising:

• 3 compulsory units (37.5 credit points)
• 5 common units (62.5 credit points)
• 10 discipline units (125 credit points)

Module units

• DBC111 Preparatory English

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: NIL
  • Credit Points: 12.5
  • Aims: This unit will equip students with the English language skills needed to process and produce a variety of academic texts at the diploma level and beyond. In learning to apply specific writing, reading, listening, and speaking skills for different purposes, they will emerge as confident and efficient users of the English language.
  • Unit Learning Outcomes:
    1. Compose an argumentative essay.
    2. Identify and interpret key information from a variety of texts, such as expository, informative, argumentative, and persuasive texts.
    3. Communicate and justify opinions by using multimedia presentations.
  • Content:
    • Paragraph writing
    • Summary writing
    • Argumentative essay writing
    • Persuasive speech
    • Reading skills
    • Academic referencing
    • Designing and creating a multimedia presentation
• DBC121 Academic English

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: NIL
  • Credit Points: 12.5
  • Aims: This unit builds on the skills learnt in DBC111 to further develop students’ listening, speaking, reading, and writing skills. Students will learn to analyse and synthesise information from multiple sources and express their ideas in a critical and logical manner.
  • Unit Learning Outcomes:
    1. Analyse and synthesise key information from a variety of texts
    2. Produce a literature review to present multiple perspectives on a topic
    3. Express their opinion in a discussion confidently and logically
  • Content:
    • Academic reading skills
    • Academic writing skills
    • Researching and referencing
    • Listening and speaking skills
    • Group discussion
    • Writing non-linear text descriptions
• DBF111 Introductory Mathematics

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: NIL
  • Credit Points: 12.5
  • Aims: The purpose of this unit is to provide the participant with the knowledge and skills to apply, interpret and use mathematical techniques in a variety of situations relevant to business applications.
  • Unit Learning Outcomes:
    1. Assess elementary aspects of financial mathematics.
    2. Apply and analyse the fundamental methods of Graphical Analysis.
    3. Address various types of statistical data.
    4. Construct and analyse visual presentation of data.
    5. Execute calculation and interpret basic measures of central tendency and dispersion for grouped and ungrouped data.
    6. Apply computer application skills to present statistical data graphically.
    7. Interpret and apply the fundamentals of Arithmetic Modelling.
    8. Address the fundamentals of Algebraic Modelling and solve algebraic equations.
    9. Discern and interpret basic probability concepts.
    10. Execute basic mathematical operations involving matrices.
  • Content:
    • Financial Mathematics
    • Graphical Analysis
    • Data Analysis
    • Computer Application
    • Arithmetic and Algebraic Modelling
    • Probability
    • Matrix

Core units

• DBB111 Acquiring Business Awareness

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: NIL
  • Credit Points: 12.5
  • Aims: This unit aims to help students develop their awareness of the business world. This includes types of businesses, forms of business entities, management functions, business networks, the role of banks, capital markets, and other supporting institutions, as well as the social and regulatory environments within which businesses operate.
  • Unit Learning Outcomes:
    1. Describe business activities, management functions, and business networks.
    2. Discuss the role of various institutions supporting business activities, such as banks, capital markets, and professional services.
    3. Identify the strengths, weaknesses, opportunities, and threats in specific business cases.
    4. Use a range of basic business vocabulary in discussing specific businesses as well as general topics related to business.
  • Content:
    • Entrepreneurship and new ventures
    • Forms of business entities
    • Environment of business
    • Management functions
    • Business ethics and social responsibility
    • Banks, capital markets, and other supporting institutions
• DBI121 Information Technology

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: NIL
  • Credit Points: 12.5
  • Aims: The aim of this unit is to provide students with an overview of Information Technology. Students will be introduced to the main components of a computer and other hardware as well as different categories of software, their purposes, and the process of developing software.
    
    Students will acquire the basic computer knowledge and skills necessary for completing their university studies successfully and thereafter participating effectively in a modern, technology-enabled working and learning environment.
    
    Students will develop skills to efficiently and effectively generate documents, develop presentations and analyse data using appropriate software.
  • Unit Learning Outcomes:
    1. Select and justify appropriate components of a computer system for a given purpose.
    2. Apply computer equipment and peripherals, and office applications to prepare reasonably complex professional documents.
    3. Describe the different categories of software and select appropriate ones for a given purpose.
    4. Use common Web applications (browsers, search, emails, blogs, mail groups, file sharing, social networking).
    5. Utilise information technology creatively to collect, structure, and present information for use in a business context.
    6. Apply common safety and security practices relating to the use of computers and computer networks.
    7. Discuss ethical issues relating to the use of information technology.
    8. Demonstrate proficiency in the use of Microsoft Office Suites.
    9. Participate and engage in group discussion on a topic.
  • Content:
    • Introduction to Information Technology
    • Hardware – The System Unit and Storage
    • Hardware – Input and Output
    • Software – System Software
    • Software – Application Software
    • The Internet and The World Wide Web
    • Networks and Communications
    • Information Systems
    • Society and Information Technology Tomorrow
    • Privacy and Security
    • Systems Analysis and Design
  • Tutorial/Lab Topics:
    • MS Word 2016
    • MS Excel 2016
    • MS PowerPoint 2016
• DBE211 Economics

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: NIL
  • Credit Points: 12.5
  • Aims: The unit aims to provide students with an introduction to basic economic concepts including economic systems, the market mechanism, and the circular flow as well as basic macroeconomic concepts such as the business cycle, fiscal policy and monetary policy.
  • Unit Learning Outcomes:
    1. Describe the basic economic problems, economic systems, and how the basic economic problems are solved in different economic systems.
    2. Describe the law of demand and supply, and explain how equilibrium price and quantity are determined in a market.
    3. Explain the concept of price elasticity of demand and supply, and use a simple formula to calculate elasticity.
    4. Describe and distinguish between various costs of production.
    5. Discuss the distinguishing features of various market structures of an economy.
    6. Illustrate the business cycle and describe the major macroeconomic issues.
    7. Describe the approaches to calculate the national income; and distinguish between Nominal GDP and Real GDP.
    8. Use aggregate demand and aggregate supply model to explain macroeconomic phenomena; and identify the economic policies which may influence the level of economic activity.
  • Content:
    • Opportunity Cost; Production Possibilities Analysis
    • Economic Systems
    • Demand and Supply
    • Elasticity of Demand and Supply
    • Cost of Production, Fixed and Variable costs
    • Market Structures
    • Introduction to Macroeconomics
    • The Circular Flow of Income
    • Domestic Output and National Income
    • Aggregate Demand and Aggregate Supply
    • Business Cycle, Inflation and Unemployment
    • Monetary and Fiscal Policies
• DBE221 Principles of Economics

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: DBE211
  • Credit Points: 12.5
  • Aims: This unit covers microeconomic and macroeconomic concepts and builds on foundational economics as presented in DBE211. Students will use these economic concepts to improve decision making in business and government including how prices and output are determined in a market; how firms maximise their profit; how macroeconomic indicators are used to determine macroeconomic issues and how the government uses the policies available to address market failure and respond to macroeconomic issues.
  • Unit Learning Outcomes:
    1. Apply key economic concepts to decisions involving firms and markets.
    2. Evaluate the efficiency and competitiveness of business firms using microeconomics concepts.
    3. Assess market failure and the role of government.
    4. Describe the major macroeconomic indicators.
    5. Identify appropriate policies and apply the policies to achieve a desirable economic performance.
  • Content:
    • Review of economics concepts
    • Industry structures
    • Efficiency
    • Market failure and externalities
    • Macroeconomic indicators
    • The role of government
• DBI311 Introduction to Business Information System

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: NIL
  • Credit Points: 12.5
  • Aims: This unit aims to instil an appreciation of how technology can be used to assist business, without the technology becoming an end in itself. In particular, students will develop an awareness of the importance of information to decision-making and how to provide such information to ensure its usefulness to the decision makers. Students gain a strong foundation of business systems fundamentals and the influence of the Internet on business stakeholders; customers, suppliers, manufacturers, service makers, regulators, managers, and employees.
  • Unit Learning Outcomes:
    1. Analyse and explain issues that arise with the adoption / acquisition of technology that enable core business processes and support business strategic goals.
    2. Use appropriate software tools for the provision of business solutions.
    3. Discuss the impact telecommunications and social media has on developing business solutions and the subsequent use of Business Intelligence tools to facilitate competitive advantage for organisations.
    4. Describe ethical, cultural and security concerns associated with the use of technology within organisations.
    5. Independently or collaboratively communicate proficiently in professional practice to a variety of audiences and function as an effective member or leader of a team.
  • Content:
    • Organisations in the digital economy
    • Information Systems: their evolution to current role and purpose in business & society
    • Data and information management in the digital economy; Ethical, cultural and security issues
    • Business processes: evolution and support of IS
    • E-Commerce Networks and commercial internet applications
    • IS to support business transactions; processes; supply chain management, customer relationship management; enterprise systems
    • IS to support managerial decision making, business intelligence, business analytics, and knowledge management

Discipline units

• DBA132 Financial Accounting I

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: NIL
  • Credit Points: 12.5
  • Aims: The aim of this unit is to develop knowledge and understanding of the main types of business transactions and documentation and how these are recorded in an accounting system. Students are introduced to the fundamentals of preparing and recording financial documentation using double entry system. Students will also learn how to extract ledgers and to prepare a simple financial statement.
  • Unit Learning Outcomes:
    1. Identify and record different types of accounting transactions using double-entry system.
    2. Post transactions from primary record into ledger accounts.
    3. Prepare ledger account and financial statements.
    4. Write up the double entry for year-end adjustments such as allowance for depreciation and bad debts.
  • Content:
    • Introduction to Accounting
    • Accounting Transaction & Documentation
    • Principles in Recording Accounting Transaction
    • Journal Entries & Ledger
    • Cashbook & Bank Reconciliation
    • Financial Statements
    • Depreciation
    • Bad debts
• DBA134 Introduction to Accounting Information Systems

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: NIL
  • Credit Points: 12.5
  • Aims: The aim of this unit of study is to introduce students to financial information systems, both manual and computer-based. The basis of the subject is the accurate recording of all transactions following the principles of double-entry accounting. In addition, students are introduced to the concepts of internal control and management accounting.
  • Unit Learning Outcomes:
    1. Explain the importance of accurate and timely recording of financial transactions following generally accepted accounting principles.
    2. Apply the rules of double-entry accounting to financial transactions in the ledgers (general and subsidiary) and journals (general and special).
    3. Record transactions either manually or electronically using double-entry accounting software for a business.
    4. Apply generally accepted accounting concepts to a range of transactions for a business.
    5. Work collaboratively or individually to analyse a case study and communicate solutions to increase knowledge of the accounting process.
  • Content:
    • Rules of double-entry accounting
    • Recording transactions in ledgers and journals (both General and Special)
    • Balance day adjustments
    • Internal control
    • Cash control
    • Inventory management
    • Accounts receivable
    • Liabilities
    • Fixed asset control
• DBA231 Fundamentals of Management Accounting

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: DBA132
  • Credit Points: 12.5
  • Aims: This unit aims to help students develop their understanding of costing systems and their skills to record and analyze management accounting information.
  • Unit Learning Outcomes:
    1. Identify and compare different costing systems used in management accounting.
    2. Distinguish between different cost behaviours.
    3. Apply management accounting information in decision-making situations.
    4. Summarise and communicate accounting information to managers.
  • Content:
    • Costing concepts and classification
    • Accounting for indirect costs
    • Product and service costing systems and issues
    • Activity-Based Costing
    • Budgeting systems
    • Standard Costing
    • Cost-Volume-Profit Analysis
    • Pricing
    • Relevant Costing
• DBA233 Fundamentals of Financial Management

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: DBA132
  • Credit Points: 12.5
  • Aims: The aim of this unit is to enable students to acquire an understanding of the goals and functions of financial management. It intends to develop students’ knowledge and skills to utilise various financial principles and quantitative concepts in making capital investment and financing decisions towards value creation of the businesses.
  • Unit Learning Outcomes:
    1. Identify the financial management goals, agency issues and different forms of businesses.
    2. Apply the time value of money concepts and debt and share valuation in financial decision-making.
    3. Apply capital budgeting techniques in making investment appraisal decisions.
    4. Explain the concepts of return, risk, diversification and market efficiency.
    5. Use different sources and costs of finance to calculate the weighted average cost of capital.
    6. Explain the impact of financial leverage and capital structure policy.
    7. Discuss different types of short-term and long-term financing sources.
  • Content:
    • Corporate financial management
    • Time value of money
    • Bonds and shares valuation
    • Capital budgeting techniques and investment appraisal
    • Risk and return, diversification and market efficiency
    • Weighted average cost of capital
    • Financial leverage and capital structure policy
    • Short-term and long-term financing sources
• DBA232 Financial Accounting II

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: DBA132
  • Credit Points: 12.5
  • Aims: The aim of this unit is to develop knowledge and understanding of the different types of adjusting entries in the journals. Students are introduced to the different financial statement preparation such as Statement of Cashflow and Statement of Changes in Equity.
  • Unit Learning Outcomes:
    1. Identify and record various adjusting entries into the books of account.
    2. Prepare adjusted financial statements.
    3. Prepare Statement of Cashflow and Statement of Changes in Equity.
  • Content:
    • Bad debts
    • Accruals & Prepayment
    • IAS 2: Inventories
    • IAS 16: Properties, Plant & Equipment
    • IAS 38: Intangible Assets
    • Financial Statements with Adjustments
    • Limited Liability Partnership (LLP)
    • Share Capital
    • Statement of Cashflow
    • Statement of Equity
• DBL233 Business Law

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: NIL
  • Credit Points: 12.5
  • Aims: This unit aims to introduce students to the concepts of the law and legal systems, and to provide an understanding of the Australian law-making processes and institutions, and to promote consideration and understanding of the role of law in society; to foster students’ appreciation of the many facets of the law as well as empower them to understand the law, and to exercise their rights and responsibilities as a member of society.
  • Learning Outcomes:
    1. Explain the fundamental concepts of law
    2. Identify the legal systems and institutions that administer and enforce the law
    3. Explain the role of criminal law in society and its effects on the rights and obligations of individuals
    4. Identify the essential elements of Tort Law and the remedies available there
    5. Apply and analyze an individual’s tortious rights and responsibilities and the remedies available to redress a tort
    6. Describe the consumer protections under the Australian Consumer Law (ACL) and the rights of the consumers under the Australian Consumer Law (ACL)
    7. Discuss the employment and workplace issues
  • Content:
    • Australian Legal Systems
    • Criminal Law
    • Tort Law
    • Australian Consumer Law
    • Employment & Workplace Law
• DBA331 Advanced Management Accounting

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: DBA231
  • Credit Points: 12.5
  • Aims: This unit aims to develop knowledge and understanding of management accounting techniques to support management in planning, controlling, and monitoring performance in a variety of business contexts. Advanced Management Accounting builds on the DBA231 Fundamentals of Management Accounting by introducing elements of management accounting, which are used to support decisions.
  • Unit Learning Outcomes:
    1. Explain the nature, source, and purpose of management information.
    2. Explain and analyze data analysis and statistical techniques.
    3. Explain and apply cost accounting techniques.
    4. Prepare budgets for planning and control.
    5. Compare actual costs with standard costs and analyze any variances.
    6. Explain and apply performance measurements and monitor business performance.
  • Content:
    • The nature, source, and purpose of management information
    • Data analysis and statistical techniques
    • Cost accounting techniques
    • Budgeting
    • Standard costing
    • Performance measurement
• DBA332 Financial Accounting III

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: DBA232
  • Credit Points: 12.5
  • Aims: This unit is to develop knowledge and understanding of partnership accounts. This unit also teaches students to be able to analyse the financial statements. Students are introduced to the concept of business combinations.
  • Unit Learning Outcomes:
    1. Prepare partnership accounts.
    2. Calculate and analyse ratio calculations.
    3. Understand business combinations and prepare consolidated financial statements.
  • Content:
    1. Partnership Account
    2. Ratio Analysis
    3. Business Combination
       • A. Introduction & Acquirer accounts
       • B. Acquiree accounts & Revision
    4. Consolidated Financial Statements
       • A. Introduction & Wholly-owned subsidiaries (Part 1)
       • B. Wholly-owned subsidiaries (Part 2)
       • C. Intragroup transactions (Part 1)
       • D. Intragroup transactions (Part 2)
    5. Investment in Associates
• DBA334 Introduction to Taxation

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: DBA232
  • Credit Points: 12.5
  • Aims: After this unit, students are expected to have a basic understanding of the Malaysian Income Tax Act 1967, together with those Acts which are complementary to the Income Tax Act.
  • Unit Learning Outcomes:
    1. Describe the key administrative components of the Malaysian taxation system and the basic principles of Malaysian income tax and other Malaysian taxation legislation.
    2. Analyse, discuss and resolve issues relating to the determination of assessable income and allowable deductions.
    3. Explain the taxation law that relates to the taxation of individuals, partnerships, and companies.
    4. Work collaboratively to analyse and communicate solutions to practical problems and case studies.
  • Content:
    • Income and assessable income
    • General and specific deductions; non-deductions
    • Trading inventories and capital allowances
    • Source, residency, and derivation
    • Real property gains tax
    • Revenue receipts and capital receipts
    • Taxation of individuals
    • Taxation of partnerships
    • Taxation of companies
    • Withholding tax
    • Sales and Service tax
    • Administration aspects
• DBA335 Introduction to Auditing

  • Duration: 15 weeks
  • Total Contact Hours: 60 hours
  • Pre-requisites: DBA232
  • Credit Points: 12.5
  • Aims: This unit aims to familiarise students with the basic underlying concepts and objectives of auditing and the subsequent reporting function of the auditor. The unit covers theoretical and practical aspects of auditing, and aims to integrate the concepts of auditing with practical approaches taken by the auditor to ensure students gain a complete picture of the audit process.
  • Unit Learning Outcomes:
    1. Examine the nature and purpose of auditing within the regulatory auditing environment.
    2. Work collaboratively in a team environment, to achieve set goals and illustrate knowledge of auditing.
    3. Explain the audit process and the need for financial report audits.
    4. Use the reporting framework of a financial report to assess possible outcomes.
  • Content:
    • Auditing: Nature and objective
    • The audit profession and auditor’s liability
    • Ethics, independence and corporate governance
    • The financial report audit process
    • Planning
    • Inherent risk and specific business risks
    • Internal controls
    • Substantive testing
    • Sampling
    • Completion and review
    • Audit report