CHARLES STURT UNIVERSITY 
ACC127 - Accounting and Financial Literacy 
Final Examination Guide and Notes 2025 
 
Part 01. Revision Notes 
Part 02. Sample Final Examination Paper 
Part 03. Suggested Solutions to Final Exam Paper 
Part 04. Final Examination - Hints and Tips 
 
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Charles Sturt University - ACC127: Accounting and Financial Literacy (Solutions)

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ACADEMIC YEAR 2024 - 2025

University	Charles Sturt University
Study Level	Undergraduate
Subject Code	ACC127
Subject Name	Accounting and Financial Literacy
Notes Title	Final Examination Guide and Notes
Page Length	79

Ensure that you are well-prepared for your assessments and final exam in ACC127: Accounting and Financial Literacy at Charles Sturt University with this updated exam preparation guide for 2025. The guide provides a comprehensive summary of the subject's core topics, including sample exam questions and step-by-step working solutions. To succeed in the subject, it is important to review and master the key concepts and principles covered in the guide, practise solving problems related to these concepts, and familiarise yourself with the exam format and types of questions that may be asked.

This subject, Accounting and Financial Literacy (ACC127) - addresses the need for accounting and financial literacy for anyone interested in business. The subject introduces students to key accounting information that business managers and accountants use to make decisions and manage a business. Students will develop skills that enable them to analyse and interpret accounting reports and to communicate the results of this analysis to interested parties. The subject focuses on the use of accounting information rather than on the recording of financial transactions and events (book-keeping). Students will learn various techniques to enable them to make important business decisions. Students will gain a foundation understanding of accounting as an information system, professional ethics, computer applications, business communication and report writing, through the preparation and basic analysis of financial and management accounting reports. This subject is essential for any business manager and for those seeking to become a professional accountant to empathise with the needs of their client.

Main topics to be covered:

Accounting and accountability
The role of the profession of accounting in ethical decision-making
Sustainability
Management accounting tools and techniques and budgeting
Recording transactions
Preparation and analysis of financial statements
Cash control and funding the business
Accounting software and excel
Organisations, structures and reporting

SUBJECT CODE	SUBJECT NAME
ACC100	Accounting 1
ACC110	Accounting 2
ACC127	Accounting and Financial Literacy
ACC128	Financial Accounting and Reporting
ACC210	Management Accounting
ACC322	Company Accounting
ECO130	Business Economics
ECO220	Macroeconomic Analysis
FIN211	Financial Management
FIN221	Investments
FIN230	Financial Institutions and Markets
FIN350	Strategic Financial Management
FIN360	Treasury Risk Management
LAW110	Business Law
LAW301	Taxation Law (Principles)
MGT100	Organisations and Management
MKT110	Marketing Fundamentals
QBM117	Business Statistics
QBM120	Business Data Analysis
STA201	Scientific Statistics

Charles Sturt University - ACC127: Accounting and Financial Literacy (Solutions)

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