Financial Accounting 3
UndergraduateUSA-ACCT30142025
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 10 weeks
- Start dates
- 13 Jan 2025,
- 30 June 2025
- Loan available
- FEE-HELP available
Financial Accounting 3
About this subject
By the end of this 10-week course, you’ll be able to:
- Be able to apply the International Accounting Standards in the context of a group of companies.
- Appreciate issues related to the preparation of general-purpose reports for alternate business structures.
- Recognise and explain the theoretical principles and development processes that influence the development of International Accounting Standards.
- Communicate in a professional manner in writing to both an accounting and non-accounting audience.
- Demonstrate Business Enterprise Skills in the context of the Accounting discipline: i) Written Communication (advanced level); and ii) International Perspective (advanced level).
- Recognition and Measurement of Property, Plant and Equipment
- Impairment of Property, Plant and Equipment
- Consolidations Part 1: Control, accounting for groups at acquisition date
- Consolidations Part 2: Pre-acquisition entries subsequent periods
- Consolidations Part 3: Intragroup inventory transactions
- Consolidations Part 4: Intragroup Property, Plant and Equipment
- Consolidations Part 5: Non-controlling interest
- Accounting for Associates (Equity accounting)
- Foreign currency
Extend your understanding of corporate accounting and reporting requirements. Learn about the challenges that affect the preparation of general-purpose financial reports by groups of companies.
Accounting for Non-Current Assets, Alternative Business Structures: introduction to consolidated entities. Consolidations: the economic entity, preparation of consolidated financial statements including goodwill/discount on acquisition and the elimination of inter-entity transactions and balances. Non-controlling interests and equity accounting. Foreign Currency transactions and translations.
A high level of understanding of previous accounting courses, such as Accounting for Business, Financial Accounting 1 and Financial Accounting 2 is required for this course.
UniSA Online’s 10-week short courses give you the flexibility to upskill in a certain area, stay current with developments in your field, diversify your knowledge, or even explore a new direction in your career – without having to commit to the time and cost of a full university degree.
This is a third-year course from UniSA Online’s Accounting degree. When studying this course as a "single subject", prior knowledge from ACCT 2015 or equivalent will support your success.
Delivered 100% online, you’ll be able to study where and when it suits you. Access online academic and student support seven days a week, fit study around work and life commitments, view learning resources 24/7, and log in to the interactive online environment anywhere, any time and on any device. Should your course have an exam it will be scheduled for Australian Central Standard Time or Australian Central Daylight Time, depending on the time of the year.
- Critical Analysis (30%)
- Examination (70%)
For textbook details check your university's handbook, website or learning management system (LMS).
The University of South Australia (UniSA) is ranked as one of the best young universities in the world, and is the number one university in Australia for graduate employability. UniSA offers over 200 world-class degrees that are informed by industry and delivered with a highly practical approach to teaching and learning, and is a valuable partner with Open Universities Australia.
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Entry requirements
No entry requirements
Additional requirements
- Other requirements - Students must be aged 17 or older by the time teaching commences for their course of study, in accordance with UniSA’s Selection and entry to programs policy.
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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Most single subjects are part of a full degree. That means if you’re keen to keep learning, you can gain credit for the subjects you’ve successfully completed.
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