units

ACF2491

Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2015 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

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Accounting
OfferedCaulfield First semester 2015 (Day)
Caulfield Second semester 2015 (Day)

Synopsis

The current Australian reporting and regulatory framework applicable to reporting entities including an analysis of significant accounting standards, professional reporting requirements and legal and stock exchange requirements. Accounting for corporate groups and issues in financial reporting are also explored.

Outcomes

The learning goals associated with this unit are to:

  1. explain the content of the reports of publicly listed companies, and regulations of the various regulatory bodies
  2. critically examine current issues and disclosure requirements in financial reporting
  3. prepare financial reports for single and consolidated entities
  4. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with company reporting and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by ACF2491.

Assessment

Within semester assessment: 40%
Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Dr Janto Haman (First semester)
Dr Sunyoung Kim (Second semester)

Prerequisites

Students must have passed AFF1000 or ACF1000 and AFF1121 or ACF1121 before undertaking this unit.

Prohibitions

ACB2491, AFC2120, ACC2120, ACC2491, AFG2491, AFG2023, ACG2491, AFW2491, ACW2491, AFF2491, AFX2491