ACCT20007 Accounting Information: Risks & Controls
University of Melbourne · Level 2 · 12.5 points · Runs in 2026: Semester 1, Semester 2.
- Final exam 50%
- About 4 class hours a week
- 30% group work
Is ACCT20007 hard?
ACCT20007: Harder. Makes it harder: Reviewers say it’s hard (5 reviews), You must pass the exam on its own.
What you learn
How business processes create accounting data, and the systems, risks and internal controls that keep it reliable.
After it you can
- Read and analyse business process diagrams
- Explain how information systems keep accounting data reliable
- Match internal controls to the risks they manage
What you need first
ACCT10001 and ACCT10002
Can’t be taken together with
How it’s assessed
Participation 10%, Assignments 10%, Presentations 30%, Final exam 50%
Student reviews and ratings
Summarised from 5 students on StudentVIP (2018–2021)
- Reviews from 2020-2021 were mostly negative: one called it the worst BCom subject they had taken, and another found tutorials discouraging.
- Some found the content practical for consulting or business analysis, especially business process tools and flowcharts. Know the flowcharts well.
- Effort did not always show in the mark: one left the exam confident and scored lower than expected, and another found the many external tools messy.
A summary of public reviews, not scored here.
Taken this subject? Rate it anonymously (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Rate ACCT20007
Quick answers
- When is ACCT20007 offered?
- Runs in 2026: Semester 1, Semester 2.
- What do I need before taking ACCT20007?
- Needs ACCT10001 and ACCT10002.
- Does ACCT20007 have a final exam?
- Yes, the final exam is 50% of the mark. You must pass the exam on its own. Assessment: Participation 10%, Assignments 10%, Presentations 30%, Final exam 50%.
- Is ACCT20007 hard?
- From 5 student reviews on StudentVIP: Reviews from 2020-2021 were mostly negative: one called it the worst BCom subject they had taken, and another found tutorials discouraging.
- What do students say about ACCT20007?
- Reviews from 2020-2021 were mostly negative: one called it the worst BCom subject they had taken, and another found tutorials discouraging. Some found the content practical for consulting or business analysis, especially business process tools and flowcharts. Know the flowcharts well. Effort did not always show in the mark: one left the exam confident and scored lower than expected, and another found the many external tools messy.
- How many class hours a week does ACCT20007 have?
- 4 h a week in class
- Can I take ACCT20007 as breadth?
- Yes, for: Bachelor of Arts, Bachelor of Biomedicine, Bachelor of Design, Bachelor of Fine Arts (Acting), Bachelor of Fine Arts (Animation), Bachelor of Fine Arts (Dance), Bachelor of Fine Arts (Film and Television), Bachelor of Fine Arts (Music Theatre), Bachelor of Fine Arts (Production), Bachelor of Fine Arts (Screenwriting), Bachelor of Fine Arts (Theatre), Bachelor of Fine Arts (Visual Art), Bachelor of Music, Bachelor of Science.
- Can I rate ACCT20007?
- Yes. If you've taken it, rate it anonymously on this page (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Averages show once 3 students have rated it; tips are checked before they appear.
Source: University of Melbourne Handbook 2026
Always confirm in the official Handbook.
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