Unit aim

Consolidates student knowledge about financial accounting by unpacking the process of preparing financial statements within the accounting cycle, enhances students’ confidence in applying their knowledge in a real business setting by developing students’ capability to efficiently record and report business transactions.

Unit content

Topic 1 Introduction to Financial Accounting: Revisiting the financial statements

Topic 2 Double-entry accounting: Recording transactions in the accounting cycle

Topic 3 Accrual accounting: Adjusting entries and the closing process

Topic 4 Accounting for business operations I

Topic 5 Accounting for business operations II

Topic 6 Accounting for business operations III

Topic 7 Accounting for business operations IV

Topic 8 Accounting for investment I

Topic 9 Accounting for investment II

Topic 10 The Cash Flow Statement

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 1

  • Australian paperback edition: Hoggett, J, Medlin, J, Edwards, L, Tillling, M & Hogg, E, 2012, Financial Accounting, 8th edn, John Wiley & Sons Australia, Brisbane. ISBN: 978-1-742-46636-1.

Session 3

  • Australian paperback edition: Hoggett, J, Medlin, J, Edwards, L, Tillling, M & Hogg, E, 2012, Financial Accounting, 8th edn, John Wiley & Sons Australia, Brisbane. ISBN: 978-1-742-46636-1.
Prescribed texts may change in future study periods.

Teaching and assessment

Gold Coast

Teaching method
Lecture online 1 hour (10 weeks)
Workshop on-site 2 hours (10 weeks)
Assessment
Quiz10%
Practice Set30%
Exam: closed book60%

Lismore

Teaching method
Lecture online 1 hour (10 weeks)
Workshop on-site 2 hours (10 weeks)
Assessment
Quiz10%
Practice Set30%
Exam: closed book60%

Melbourne

Teaching method
Structured online learning
Assessment
Quiz10%
Practice Set30%
Exam: closed book60%

Online

Teaching method
Lecture online 1 hour (10 weeks)
Assessment
Quiz10%
Practice Set30%
Exam: closed book60%

Papua New Guinea - IBSU Port Moresby

Teaching method
Structured online learning
Assessment
Quiz10%
Practice Set30%
Exam: closed book60%

Sydney

Teaching method
Structured online learning
Assessment
Quiz10%
Practice Set30%
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 2015 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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