Financial Accounting and Reporting

About this subject

• What you'll learn

  On completion of this subject, the student should be able to:

  1. Apply relevant accounting standards to events and transactions and prepare financial statements, including consolidated financial statements
  2. Critically evaluate financial and non-financial disclosures such as sustainability reports published by organisations by utilising accounting theories
  3. Apply critical thinking, research and problem-solving skills to identify and solve problems and communicate recommendations using clear and concise language
  4. Demonstrate collaboration, cooperation and teamwork when solving problems and making decisions

• Topics covered

• Description

• Assessments

• Textbooks

• About University of Tasmania

Entry requirements

Prior study

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-BFA109-Applied Accounting Systems

• TAS-BFA104-Accounting Context and Method (no longer available)

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

• Other requirements - Teaching Arrangement: 2-hour fortnightly online Workshops starting in Week 2.

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.