Duration
13 weeks
Study method
100% Online
Available loans
- HECS-HELP
- FEE-HELP
Assessments
Subjects may require attendance
Prior study
Required
The University of South Australia, UniSA, is ranked in the top 10 universities nationally and amongst the very best young universities in the world. They offer over 200 world-class degrees that are informed by industry and delivered with a highly practical approach to teaching and learning. In fact, they are South Australia’s number one university for graduate careers. They are a valuable partner with Open Universities Australia.
QS RANKING 2022
20
Times Higher Education Ranking 2022
23
Subject details
-
- Equity
- Overview of the Reporting Environment
- Presentation of financial statements
- Other disclosure issues
- Liabilities
- Accounting for leases
- Accounting for income tax
- Revenue
You must have successfully completed the following subject(s) before starting this subject:
- USA-ACG11-Accounting for Business (No longer available)
- USA-ACG12-Financial Accounting 1 (No longer available)
Others
It is assumed that students will have knowledge of present value calculations.
Additional requirements
No additional requirements
Presentation of financial statements: review of financial reporting requirements for companies, overview of general purpose financial reports; relevant accounting standards relating to the statement of financial position, statement of comprehensive income and statement of changes in equity, and associated notes, including revisions and errors, retained profits and underlying accounting treatments. Other Disclosure Issues: accounting policies, materiality, and events occurring after reporting period. Liabilities: definition, measurement and classification, provisions and contingencies, disclosure and presentation. Leases: classification criteria, accounting treatment in the books of the lessee, disclosure requirements.
- Report - 2500 words (30%)
- Invigilated Exam - 3 hours (70%)
