Applied Accounting Systems

• • Week 1 - Applying accountability and accounting
  • Week 2 - An overview of accounting information systems
  • Week 3 - The elements of financial statements and double entry accounting principles
  • Week 4 - General journal, ledger and trial balance
  • Week 5 - Adjusting entries, closing entries and preparing financial statements
  • Week 6 - Accounting for retailers - part 1
  • Week 7 - Accounting for retailers - part 2
  • Week 8 - Accounting for manufacturers
  • Week 9 - Accounting for property, plant and equipment
  • Week 10 - Accounting for cash flows
  • Week 11 - Accounting for human resources
  • Week 12 - Accounting for GST
  • Week 13 - Subject Review

You won't be able to enrol into this subject if you've already successfully completed or currently enrolled in the following subject(s) as they are considered anti-requisites due to the similarity of the content.

• TAS-BFA104-Accounting Context and Method (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:

one of

• TAS-BFA103-Accountability and Accounting
• TAS-ZAA133-Financial Decision Making

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

Welcome to this foundation subject for students intending to undertake an Accounting Major in the Bachelor of Business. This subject is compulsory and is an important pre-requisite for second and third-year subjects. You will consider the fundamental principles that underpin accrual accounting and financial reporting including how and why financial transactions are recorded as they are. The elements of the accounting cycle and techniques of measurement, recording and reporting for decision-makers are also considered. This subject will also prepare you for the use of Accounting Information Systems.

• Case Studies (40%)
• Invigilated Respondus Test (40%)
• Online Quiz via Respondus (20%)

For textbook details check your university's handbook, website or learning management system (LMS).