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.
- First semester 2018 (On-campus)
- Second semester 2018 (On-campus)
, AFF3491, ACF3491, AFG3040, ACG3040, AFC3120, ACC3120, AFG3050, ACG3050, AFW3040, , AFW3050, , .
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, estimations 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