Unit description

Introduces the concepts and practices of financial accounting and selected accounting standards governing external financial reporting including specific techniques required to account for transactions and events of corporate entities.

Unit content

Topic 1: The financial reporting environment
Topic 2: Accounting for liabilities and equity
Topic 3: Accounting for non-current assets
Topic 4: Acquisition of assets and intangible assets
Topic 5: Accounting for income tax
Topic 6: Disclosure
Topic 7: Foreign currency translation
Topic 8: Consolidation

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

Learning outcomes and graduate attributes

Prescribed texts

Session 2

  • CAANZ (Chartered Accountants Australia and New Zealand), 2016, Financial Reporting Handbook Australia, John Wiley & Sons Australia, Australia. ISBN: 9780730328742.
  • Deegan, C, 2012, Australia Financial Accounting, 7th edn, McGraw-Hill, Australia. ISBN: 9780071012409.

Session 3

  • CAANZ (Chartered Accountants Australia and New Zealand), 2016, Financial Reporting Handbook Australia, John Wiley & Sons, Australia. ISBN: 9780730328742.
  • Optional ISBN 9781743764022 - does not include +Connect, LearnSmart: Deegan, C, 2016, Australian Financial Accounting - includes +Connect, LearnSmart, 8th edn, McGraw-Hill, Australia. ISBN: 9781743764039.
Prescribed texts may change in future study periods.

Teaching and assessment

Gold Coast

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Report20%
Quiz20%
Exam: closed book60%

Lismore

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Report20%
Quiz20%
Exam: closed book60%

Melbourne

Teaching method
Lecture on-site 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Report20%
Quiz20%
Exam: closed book60%

Online

Teaching method
Lecture online 1 hour (12 weeks)
Assessment
Report20%
Quiz20%
Exam: closed book60%

Papua New Guinea - IBSU Enga

Teaching method
Workshop on-site
Assessment
Report20%
Quiz20%
Exam: closed book60%

Papua New Guinea - IBSU Port Moresby

Teaching method
Workshop on-site
Assessment
Report20%
Quiz20%
Exam: closed book60%

Sydney

Teaching method
Lecture on-site 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Report20%
Quiz20%
Exam: closed book60%
Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2016 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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