ACB3120 - Financial accounting 3

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Overview

Financial accounting topics covered by this unit include: Australian accounting standards, institutional setting and the conceptual framework; accounting for leases; accounting for employee benefits; accounting for financial instruments; cash flow reporting; segment reporting; accounting for EPS; accounting for extractive industries; accounting for agriculture; financial reporting in the public sector; foreign … For more content click the Read More button below.

Financial accounting topics covered by this unit include: Australian accounting standards, institutional setting and the conceptual framework; accounting for leases; accounting for employee benefits; accounting for financial instruments; cash flow reporting; segment reporting; accounting for EPS; accounting for extractive industries; accounting for agriculture; financial reporting in the public sector; foreign currency translation; and social and environmental reporting.

Offerings

S2-01-PENINSULA-ON-CAMPUS

Requisites

Prerequisite

Prohibition

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Dr Mahendra Goyal

Learning outcomes

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

acquire advanced knowledge of the conceptual framework and disclosure requirements in accordance with the accounting standards and the statutory laws

develop an improved understanding of how professional policies are formulated in preparation of accounting for various financial accounting issues with particular reference to current practice

develop critical skills in written communication and problem analysis through the completion of comprehensive assignment exercise and /or essays

develop an ability to work independently and to participate in group discussions with participants from diverse backgrounds

demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by ACB3120.

Teaching approach

Active learning

Peer assisted learning

Problem-based learning

Assessment

1 - Within semester assessment

2 - Examination

Scheduled and non-scheduled teaching activities

Lectures

Tutorials

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