Enrolments for 2023 have closed.
Contemporary Financial Accounting and Reporting
Postgraduate | TAS-BFA605 | 2023
Course information for 2023 intake View information for 2024 course intake
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
FEE-HELP available
Contemporary Financial Accounting and Reporting
About this subject
Upon completion of this subject, the student should be able to:
- Integrate contemporary technical and theoretical accounting knowledge in business reporting
- Recommend solutions to diverse audiences using accounting principles and standards in contemporary business
- Audit peer accounting documentation submissions to provide meaningful opportunities for improvement
- Week 1 - Regulatory Theory and the nature and regulation of companies
- Week 2 - Revaluations and Impairment testing of non-current assets
- Week 3 - Accounting for Intangibles
- Week 4 - Accounting for Leases
- Week 5 - Skill-building workshop for completion of Assessment 2 Part 1(b)
- Week 6 - Statements of: Other comprehensive income and changes in equity
- Week 7 - Accounting for income taxes
- Week 8 - Work on Assessment 2 Part 2
- Week 9 - Group structures
- Week 10 - Group structures cont’d
- Week 11 - Foreign currency transactions and translations
- Week 12 - Accounting for investments in associates and joint ventures
- Week 13-Revision
The understanding that you gained while studying BFA507 The Accounting Framework will be extended to develop your accounting knowledge and skills in the context of more complex financial and corporate accounting issues. The subject covers an understanding of how financial transactions are recorded and reported for different entities, including companies and groups as well as the theoretical issues and concepts involved in the preparation and presentation of General Purpose Financial Statements.
- Online invigilated test (40%)
- Presentation (20%)
- Case study (25%)
- Peer evaluation letter (15%)
For textbook details check your university's handbook, website or learning management system (LMS).
Wherever you are, the University of Tasmania brings its island campus to you through a growing range of online programs across art and design, business, education, health, science, sustainability, technology, and more. It’s never too late to switch things up. Kickstart that career you’ve been dreaming about, or upskill for the one you’re in. You’ll also become a part of the world's leading university on climate action.
Learn more about UTAS.
Explore UTAS courses.
- QS Ranking 2024:
- 20
- Times Higher Education Ranking 2024:
- 19
Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-MPA-MAS-2023 - Master of Professional Accounting
- TAS-PFA-GDI-2023 - Graduate Diploma of Professional Accounting
Elective
- OUA-PSU-GCE-2023 - Postgraduate Single Subjects
Additional requirements
- Other requirements - This subject is delivered through four x 3-hour workshops, with a 1-hour workshop in Week 1 as an orientation workshop.
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.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
PostgraduateTAS-MPA-MAS
PostgraduateTAS-PFA-GDI
PostgraduateOUA-PSU-GCE