Financial Accounting
UndergraduateTAS-BFA2012023
Course information for 2023 intake View information for 2025 course intake
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
- 14 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Financial Accounting
About this subject
Upon completion of this subject, the student should be able to:
- Interpret, analyse and explain the principles and objectives of accounting standards within the International Financial Reporting Standards (IFRS) environment.
- Choose and apply relevant accounting standards and principles to a range of problems.
- Work independently and cooperatively to monitor progress and communicate arguments in the reporting of accounting information to interested parties.
- Week 1-Accounting regulation
- Week 2-Skills workshop (during lecture)
- Week 3-The Conceptual Framework
- Week 4-Presentation of financial statements
- Week 5-Revenue recognition
- Week 6-Property, Plant & Equipment (PPE)
- Week 7-Impairment of Assets
- Week 8-IN CLASS TESTS
- Week 9-Intangible Assets
- Week 10-Leases
- Week 11-Accounting for Income Tax – part 1
- Week 12-Accounting for Income Tax – part 2
- Week 13-Revision
Students will expand their understanding gained in their previous core accounting subjects, to develop their accounting knowledge, skills and terminology in the context of more complex accounting issues. In particular, students are introduced to a number of accounting standards, their application and changes taking place within the accounting environment, particularly with regard to International Financial Reporting Standards. The consideration of the issues and techniques in this subject will enhance the skills students will need to perform effectively in the workplace as an accountant. Financial accounting is particularly concerned with the provision of information that is relevant and represented faithfully. It is a compulsory subject in the accounting major.
- Online quiz via Respondus (25%)
- Final Exam (40%)
- Group Assignment (35%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
No entry requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
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