ACF2100 - Financial accounting

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

Overview

This unit examines financial accounting issues associated with the operation of corporate structures. Topics include financial reporting requirements, financing company operations, business combinations, the nature of corporate groups, the preparation of consolidated financial statements and financial statement analysis.

Offerings

NOV12-CAULFIELD-ON-CAMPUS

S1-01-CAULFIELD-ON-CAMPUS

S1-FF-CAULFIELD-FLEXIBLE

S2-01-CAULFIELD-ON-CAMPUS

TRI-A-29-CITY-ON-CAMPUS

TRI-B-29-CITY-ON-CAMPUS

TRI-C-29-CITY-ON-CAMPUS

Requisites

Prerequisite

Prohibition

Contacts

Chief Examiner(s)

Ms Lorena Mitrione

Dr Lisa Powell

Dr Dharmendra Naidu

Dr Sunyoung Kim

Notes

IMPORTANT NOTICE:
Scheduled teaching activities and/or workload information are subject to change in response to COVID-19, please check your Unit timetable and Unit Moodle site for more details.

Learning outcomes

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

explain the regulation of companies and the content of company financial reports

critically examine current issues and disclosure requirements in financial reporting

apply accounting standards and the conceptual framework in the preparation and presentation of financial reports for consolidated entities

demonstrate accounting knowledge in areas such as company operations, taxation, property, plant and equipment, acquisitions, group accounting and financial statement analysis

apply critical thinking, research, problem solving and written and oral communication skills to demonstrate the acquisition of a comprehensive understanding of the topics covered by this unit.

Teaching approach

Peer assisted learning

Active learning

Problem-based learning

Assessment

1 - Within semester assessment

2 - Examination

Scheduled and non-scheduled teaching activities

Lectures

Tutorials

Workshops

Workload requirements

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Learning resources

Required resources

Technology resources

Other unit costs

Costs are indicative and subject to change.
Electronics, calculators and tools: $40