units

AFX9500

Faculty of Business and Economics

Postgraduate - Unit

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

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LevelPostgraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Accounting and Finance
OfferedCaulfield First semester 2013 (Day)
Caulfield First semester 2013 (Evening)
Caulfield Second semester 2013 (Day)
Caulfield Second semester 2013 (Evening)

Synopsis

This unit provides students with an introduction to accounting and an understanding of the preparation, presentation and interpretation of financial statements. In particular, emphasis is placed on accounting processes, practices and policies that enable the financial performance and financial position of an entity, as displayed by the balance sheet, income statement and statement of cash flows, to be measured, analysed and interpreted.

Outcomes

The learning goals associated with this unit are to:

  1. analyse and record accounting transactions and events, and produce financial statements consistent with the accounting conceptual framework and accounting standards
  2. appraise the relative merits of accrual and cash accounting
  3. prepare special journals as they relate to cash and the periodic and perpetual inventory recording systems
  4. critically evaluate an entity's financial position and performance and
  5. demonstrate effective individual technical skills to construct accounting records and financial statements for a unique business; and demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered by the unit.

Assessment

Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Contact hours

3 hours per week

Co-requisites

Students must be enrolled in course: 1822, 0748, 0790, 0826, 4402 or 3843 before undertaking this unit.

Prohibitions

AFF9500, AFG9071