Financial Accounting and Reporting
PostgraduateTUA-ACC6022026
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Enrol by
- 6 Sept 2026
- Entry requirements
- Part of a degree
- Duration
- 12 weeks
- Start dates
- 14 Sept 2026
- Price from
- $3,813
- Upfront cost
- $0
- Loan available
- FEE-HELP available
Financial Accounting and Reporting
About this subject
By the end of this 12-week subject, you'll be able to:
- Critically analyse regulatory and ethical frameworks that govern financial reporting in Australia.
- Apply accounting principles and standards when accounting for areas such as revenue, assets and liabilities and evaluate the judgements required in a range of diverse business contexts.
- Prepare, critique and evaluate general purpose financial statements and related disclosures in accordance with accounting standards.
- Evaluate developments in financial reporting and information from both social and technical perspectives.
- A guide to the topics you will explore in this subject will be provided in your study materials.
This subject expands on foundational financial accounting concepts and practices, advancing your understanding of key competencies and contemporary trends in financial accounting. Enhance your understanding of the Australian regulatory and ethical environment for financial reporting, along with the purpose and interpretation of accounting standards (AASB) and its equivalent international Financial Reporting Standards (IFRS). You will critique selected accounting standards in areas such as revenue, assets, and liabilities, and evaluate how these standards influence the preparation of General-Purpose Financial Statements (GPFS) of reporting entities. These learnings will be demonstrated in your ability to critically reflect on the importance of regulations to accounting practice through written and practical software- based assessments.
- In-Class Test 1 Invigilated (15%)
- : In-Class Test 2 Invigilated (35%)
- GFPS and Disclosure Documents Report (30%)
- Accounting Software Reflection Report (20%)
For textbook details check your university's handbook, website or learning management system (LMS).
At Torrens University Australia you can tailor your study to suit your lifestyle.
Thanks to their innovative digital learning system you’ll gain the ultimate in flexibility, and still receive personalised guidance from academics and access to work placement, mentorship and internship opportunities. Online you can attend live classes or view recorded sessions, connect with lecturers and fellow students, and access content on-demand 24/7.
Learn more about Torrens University Australia
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Elective
- TUA-CBA-GCE-2026 - Graduate Certificate of Business Administration
Prior study
You must have successfully completed the following subject(s) before starting this subject:
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Graduate Certificate of Business Administration
PostgraduateTUA-CBA-GCE