Financial Accounting 3 - 2017

Unit summary


  • Level of Study: Undergraduate Level 3
  • Study load: 0.125 EFTSL
  • Delivery method: Web Dependent
  • Prerequisites: Yes
  • Duration: 13 weeks
  • Government loans available: FEE-HELP, HECS-HELP
  • Availability for 2016: SP1 , SP3
  • Availability for 2017: SP1 , SP3
  • Assessment: Assessment - Continuous Assessment (20%) , Assignment - 1000 words (20%) - Learn more

Unit provided by

2017 Fees
Domestic 1,324.00
HECS 1,324.00
International 1,575.00

To extend students understanding of corporate accounting and reporting requirements and related issues.

At the completion of this unit students will be able to:

  1. be able to apply the International Accounting Standards in the context of a group of companies
  2. recognise and appreciate the conceptual, statutory and professional requirements that impinge upon the preparation of general purpose financial reports
  3. appreciate issues related to the preparation of general purpose reports for alternate business structures
  4. analyse and interpret information disclosed in general purpose financial reports.
  • Assessment — Continuous Assessment (20%)
  • Assignment — 1000 words (20%)
  • Invigilated Exam — Written Exam 3 hours (60%)
For more information on invigilated exams see Exams and results

Mandatory prerequisites

You must have successfully completed the following unit(s) before starting this unit:

If you have completed equivalent study at another university, please contact a Student Advisor for advice.

Mandatory conditional prerequisites

You must either have successfully completed the following unit(s) before starting this unit, or currently be enrolled in the following unit(s) in a prior study period; or enrol in the following unit(s) to study prior to this unit:

Please note that your enrolment in this unit is conditional on successful completion of these prerequisite unit(s). If you study the prerequisite unit(s) in the study period immediately prior to studying this unit, your result for the prerequisite unit(s) will not be finalised prior to the close of enrolment. In this situation, should you not complete your prerequisite unit(s) successfully you should not continue with your enrolment in this unit. If you are currently enrolled in the prerequisite unit(s) and believe you may not complete these all successfully, it is your responsibility to reschedule your study of this unit to give you time to re-attempt the prerequisite unit(s).

If you have completed equivalent study at another university, please contact a Student Advisor for advice.

  • Broadband access
  • Other special requirement — Students will require Windows Vista, Windows 7 or higher. UniSA does not support Windows XP.

This unit addresses the following topics.

1Property, Plant and Equipment Asset Revaluation
2Property, Plant and Equipment Asset Impairment
3Consolidations: Consolidation process at date of acquisition
4Consolidations: Consolidation process subsequent to date of acquisition
5Consolidations - inter-entity transactions - inventory
6Consolidations - inter-entity transactions - non current assets
7Consolidations: non-controlling interest
8Accounting for associates and joint ventures (equity accounting)
9Foreign currency transactions
10Foreign currency translations

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Online assignment submission
  • Podcasting/Lecture capture
  • Streaming Multimedia
  • Virtual Classroom
  • Web links

Online materials

  • Audio/Video - Streaming
  • Printable format materials
  • Quizzes
  • Resources and Links

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the The Co-op website and enter the unit details to search for available textbooks.

Enquire online

Need to ask a question that's best put down in words?
Make an online enquiry.

Enquire now

Ready to enrol?

Start studying this unit now.


Got a question?

Get an answer from one of our friendly Student Advisors.