ACW2120 - Financial accounting 2

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

Overview

This unit covers International Financial Reporting Standards applicable to reporting entities including an analysis of significant accounting standards, professional reporting requirements and stock exchange requirements. Accounting for corporate groups and issues in financial reporting are also explored.

Offerings

S1-01-MALAYSIA-ON-CAMPUS

S2-01-MALAYSIA-ON-CAMPUS

Requisites

Prerequisite

Prohibition

Contacts

Chief Examiner(s)

Dr Norita Nasir

Learning outcomes

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

explain the nature and regulation of companies

apply accounting standards and the framework in the preparation and presentation of financial statements for both single and consolidated entities

demonstrate accounting knowledge in areas such as company operations, taxation, property, plant and equipment (acquisition and impairment), and group accounting

examine contemporary financial accounting issues

apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with company reporting and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by ACW2120.

Assessment

1 - Within semester assessment

2 - Examination

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.