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Financial Accounting 1

Undergraduate | USA-ACCT1012 | 2024

An introduction to the fundamentals of corporate financial accounting. You’ll cover basic standards and processes relevant to this specific branch of accounting. Explore methods for recording business transactions—using software and manual techniques.

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Study method
100% online
100% online
Enrol by
16 June 2024
Entry requirements
No ATAR needed,
No prior study
10 weeks
Start dates
8 Jan 2024,
24 June 2024

Price from


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FEE-HELP available

Financial Accounting 1

About this subject

  • By the end of this 10-week course, you’ll be able to: 

    1. Discuss from an introductory perspective the theoretical, conceptual and ethical environments in the practice of financial accounting;
    2. Apply Accounting Standards to the basic practice of corporate financial accounting;
    3. Implement an integrated knowledge of the financial accounting process and recognise the procedures required for both manual and computer based accounting systems;
    4. Apply fundamental financial accounting practice to a variety of basic issues confronted by accountants;
    5. Analyse and interpret financial accounting information from a management and user perspective.
    6. Demonstrate Business Enterprise Skills in the context of the Accounting discipline: i) Teamwork (foundation level); ii) International Perspective (foundation level); and iii) Oral Communication (foundation level).

Entry requirements

No entry 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.

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