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Financial Accounting 3

Undergraduate | USA-ACG36 | 2021

Rise to meet international accounting standards. Interrogate foreign currency transactions. Study up on alternate business structures.

Gain a deeper appreciation for the statutory requirements that can impact the development of financial reports.

Study method
100% online
Assessments
Subject may require attendance
Entry requirements
Prior study needed
Duration
13 weeks

HECS-HELP and FEE-HELP available

Financial Accounting 3

About this subject

  • At the completion of this subject students will be able to:

    1. be able to apply the International Accounting Standards in the context of a group of companies
    2. recognise and appreciate the conceptual, statutory and professional requirements that impinge upon the preparation of general purpose financial reports
    3. appreciate issues related to the preparation of general purpose reports for alternate business structures
    4. analyse and interpret information disclosed in general purpose financial reports.

Entry requirements

Prior study

You must have successfully completed the following subject(s) before starting this subject:

  • USA-ACG12-Financial Accounting 1 (no longer available)

  • USA-ACG11-Accounting for Business (no longer available)

You must either have successfully completed the following subject(s) before starting this subject, or currently be enrolled in the following subject(s) in a prior study period; or enrol in the following subject(s) to study prior to this subject:

Please note that your enrolment in this subject is conditional on successful completion of these prerequisite subject(s). If you study the prerequisite subject(s) in the study period immediately prior to studying this subject, your result for the prerequisite subject(s) will not be finalised prior to the close of enrolment. In this situation, should you not complete your prerequisite subject(s) successfully you should not continue with your enrolment in this subject. If you are currently enrolled in the prerequisite subject(s) and believe you may not complete these all successfully, it is your responsibility to reschedule your study of this subject to give you time to re-attempt the prerequisite subject(s).

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.

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