Introduction to Financial Accounting
PostgraduateTUA-ACC6012026
- Study method
- 100% online
- Assessments
- 100% online
- 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
Introduction to Financial Accounting
About this subject
By the end of this 12-week subject, you'll be able to:
- Articulate and implement regulatory and ethical frameworks and the use of accounting information to support business decision-making.
- Apply the accounting cycle and double entry accounting principles to process transactions.
- Utilise accounting software to complete the accounting cycle for a small business
- Prepare, analyse and interpret financial statements for business decision making.
- Introduction to Accounting
- The Accounting Process
- Recording Accounting Data (Part 1)
- Recording Accounting Data (Part 2)
- Accounting for Retailing
- Receivables and Payables
- Accounting for Non- Current Assets
- Internal control and cash management
- Adjusting Process
- Preparation of Financial Statements and Completing the Accounting Cycle
- Partnerships
- Assessment 3 Presentation
This subject will introduce you to the role and purpose of accounting processes, systems and the regulatory and ethical frameworks. You will gain an understanding about processes for identifying, measuring, recording and communicating financial information thorough the financial reports of different business types, such as sole traders and companies. The double- entry accounting knowledge will be developed using both manual and computerised accounting systems. This subject will introduce the conceptual framework of accounting and the code of ethics for professional accountants which will set you up for success in later accounting subjects. You will study the full accounting cycle and apply it to key areas such as cash management, non- current assets, accounts receivables and payables.
- Ethical compliance in Accounting profession: scenario analysis – Reflection presentation (20%)
- Accounting software assignment: automating financial transactions with accounting software (30%)
- Accounting cycle, financial reporting, and compliance. (20%)
- Reflection presentation: analysis and interpretation of financial information (30%)
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.
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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
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