MURDOCH UNIVERSITY 
BUS163: Introduction to Accounting 
Final Examination Guide and Notes 2026 
 
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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BUS163: Introduction to Accounting (Solutions) - at Murdoch University

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ACADEMIC YEAR 2025 - 2026

University	Murdoch University
Unit Code	BUS163
Unit Name	Introduction to Accounting
Credit Points	3
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	81

This guide provides a comprehensive summary of the key concepts covered in BUS163: Introduction to Accounting at Murdoch University. It highlights the essential information needed to apply your lecture materials effectively and build a solid grasp of financial accounting principles. The content is structured to support exam preparation by showing you what to focus on and how to apply your knowledge in typical questions. Use these notes as a reference to strengthen your understanding of each topic and improve your performance in the final examination.

✔ Unit content:

The topics covered in this unit include: Introduction to business accounting, Cost-Volume-Profit Analysis, Business Plan-Budgeting, Accounting System, Managing and Reporting Working Capital, Financial statement preparation and analysis, Sustainable Business, Short-Term Planning Decisions Making, Accounting information-Recording, storing, and reporting.

✔ Learning outcomes:

Demonstrate understanding of the accounting environment and the role of accounting information as well as using it as a tool in management planning and decision-making
Demonstrate a critical awareness of the ethics required of professional accountants
Apply appropriate accounting concepts to analyse and record business transactions, manage and report working capital
Prepare financial statements and understand the relationship of the main financial statements; Apply tools to analyse and interpret financial statements and understand some of the issues facing the readers of financial statements
Identify and apply the costs and revenues relevant to business decision-making and the role of accounting in sustainable business
Exhibit effective communication and interpersonal skills

UNIT CODE	UNIT NAME
BSL201	Finance Law
BUS123	Management in a Global Environment
BUS124	Global Marketing
BUS140	Introduction to Finance
BUS163	Introduction to Accounting
BUS171	Foundations of Economics
BUS285	Technology and Accounting Processes
BUS286	Corporate Finance
BUS287	Management Accounting
BUS288	Treasury Management
BUS303	Taxation
BUS329	Investment Analysis
BUS330	International Finance
BUS333	Derivative Securities
BUS356	Contemporary Financial Accounting
MAS223	Applied Statistics
MAS352	Time Series Analysis

BUS163: Introduction to Accounting (Solutions) - at Murdoch University

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