RMIT UNIVERSITY

ACCT1046: Accounting in Organisations and Society

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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RMIT University

Accounting in Organisations & Society (ACCT1046) - Solutions

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ACADEMIC YEAR 2025 - 2026

University	RMIT University
Study Level	Undergraduate
Course Code	ACCT1046
Course Name	Accounting in Organisations and Society
Notes Title	Final Examination Guide and Notes
Page Length	79

The ACCT1046: Accounting in Organisations and Society - Final Examination Guide and Notes 2026 at RMIT University provides you with a unique summarised version of the core information contained in the full course, and the essentials you need in order to fully comprehend and apply it. These features have been specifically designed to help you apply your knowledge in the exam. You do not need to be an expert in the course; you just need a basic understanding and the ability to quickly recall the information that you learn. This updated exam preparation guide helps you identify your weak areas, so you will pass the final exam on your first attempt.

Accounting is a key aspect of your life. This course, ACCT1046 is a core business accounting course for students commencing their business degree. In this course, you will gain insights into the meaning and role of accounting and of accountants in the larger context of a changing and interconnected world of people, organisations and the changing planet upon which we live.

✔ (Summary) Learning Outcomes:

explain the role of accounting in managing a business; including the concept of resources available for business uptake, and, how costs are implicated in the use of such resources;
justify why different perspectives of the roles of organisations within society will in turn influence the types of accounts we would expect an organisation to produce;
identify and justify various approaches to measuring the performance of an organisation inclusive of financial performance, social performance, and environmental performance;
and - interpret and analyse a range of accountability approaches and the implications of financial performance - measured in terms of cash flows; income statement and balance sheet performance - on social and environmental performance.

COURSE CODE	COURSE NAME
ACCT1046	Accounting in Organisations and Society
ACCT1048	Financial Accountability and Reporting
ACCT1060	Managerial Advisory Finance
ACCT1064	Cost Analysis and Organisational Decisions
ACCT2033	Financial Accounting and Analysis
BAFI1002	Financial Markets and Institutions
BAFI1008	Corporate Finance
BAFI1018	International Finance
BAFI1026	Derivatives and Risk Management
BAFI1042	Equity Investment and Portfolio Management
BUSM4176	Introduction to Management
ECON1010	Macroeconomics 1
ECON1020	Prices and Markets
ECON1030	Business Statistics 1
ECON1048	Managerial and Business Economics
ECON1061	Forecasting and Quantitative Analysis
ECON1066	Basic Econometrics
LAW2442	Business Law
LAW2471	Taxation Law and Practice
MATH2204	Time Series and Forecasting
MKTG1025	Marketing Principles

TOVO.

Accounting in Organisations & Society (ACCT1046) - Solutions

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