Skip to content
There is a more recent version of this academic item available.

Overview

This unit provides an overview of the current Australian reporting and regulatory framework applicable to reporting entities including an analysis of significant accounting standards, the conceptual framework, and professional reporting requirements. Financial reporting issues associated with corporate structures such as company operations; taxation; property, plant, and equipment; and consolidated accounting … For more content click the Read More button below.

Offerings

S1-01-PENINSULA-ON-CAMPUS

S1-FF-PENINSULA-FLEXIBLE

Contacts

Chief Examiner(s)

Dr Lisa Powell

Learning outcomes

On successful completion of this unit, you should be able to:
1.

explain the content of, and regulatory requirements associated with, company financial statements

2.

apply accounting standards and the conceptual framework to the preparation of company financial statements for single and consolidated entities

3.

demonstrate judgement and discretion in selecting accounting methods and making estimates, and in company financial statement disclosures

4.

demonstrate an ability to work independently and participate effectively in diverse group tasks

5.

apply critical thinking, problem solving, and communication skills within corporate financial reporting topics.

Assessment summary

Within semester assessment: 50% + Examination: 50%

This unit contains a hurdle requirement that you must achieve to be able to pass the unit. The consequence of not achieving a hurdle requirement is a fail grade (NH) and a maximum mark of 45 for the unit.

Workload requirements

Workload