6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
This unit explores advanced financial accounting issues, building on knowledge and skills gained in earlier units in financial accounting. A range of theories used to assess accounting decisions, reporting practices and regulation are examined. The unit focuses on a number of contemporary accounting issues including: measurement, intangible assets, financial instruments, foreign currency transactions and integrated reporting.
The learning goals associated with this unit are to:
- examine contemporary financial accounting issues
- apply a range of theories of accounting to explain accounting practices and appreciate the judgements, estimation and assumptions influencing accounting numbers
- critically assess and appreciate changing influences in standard setting and regulatory requirements
- apply judgement, communication and problem solving skills to deal with advanced financial accounting issues.
Within semester assessment: 50% + Examination: 50%
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
Dr Patty McNicholas (First and second semester)
Dr Lisa Powell (Trimester A and C)
Ms Chenlan Song (Trimester B)
AFF2491, AFC2491, ACC2100 or ACC2120