Unit aim

Introduces the regulatory setting and the framework of financial reporting of companies listed on the Australian Stock Exchange, as well as specific techniques required to account for and report on transactions of corporate entities. In addition, the application of selected accounting standards in the financial reports will be reviewed and evaluated.

Unit content

Topic 1: The financial reporting environment and disclosure
Topic 2: Accounting for non-current assets
Topic 3: Accounting for shareholders' equity
Topic 4: Accounting for income taxes
Topic 5: Accounting for foreign currency
Topic 6: 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

Study Period 1

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

Study Period 5

  • Deegan, C, 2016, Australia Financial Accounting, 8th edn, McGraw-Hill, Australia. ISBN: 9781743764022.
Prescribed texts may change in future study periods.

Teaching and assessment

SCU Online (intensive)

Teaching method
Structured online learning
Assessment
Quiz20%
Report20%
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.

+