Availabilities:
| Location | Domestic | International |
|---|---|---|
| Gold Coast | ||
| Melbourne | N/A | |
| Online | ||
| Perth | N/A | |
| Sydney | N/A |
Unit description
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
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.
| On completion of this unit, students should be able to: | |
|---|---|
| 1 | explain the regulatory setting and the framework for external financial reporting |
| 2 | interpret and evaluate regulatory requirements governing financial reporting of Australian corporations |
| 3 | apply specific accounting standards, including those relating to assets, liabilities, equity, income taxes, foreign currency transactions, business combinations and consolidation in structured or unstructured settings |
| 4 | prepare general purpose financial statements and reports for a publicly listed company and evaluate these reports' including consolidated financial statements. |
On completion of this unit, students should be able to:
- explain the regulatory setting and the framework for external financial reporting
- interpret and evaluate regulatory requirements governing financial reporting of Australian corporations
- apply specific accounting standards, including those relating to assets, liabilities, equity, income taxes, foreign currency transactions, business combinations and consolidation in structured or unstructured settings
- prepare general purpose financial statements and reports for a publicly listed company and evaluate these reports' including consolidated financial statements.
Prescribed texts
- CAANZ (Charted Accountants Australia and New Zealand), 2020, Financial Reporting Handbook Australia , John Wiley & Sons Australia, Australia.
- Deegan, C, 2020, Financial Accounting , 9th edn, McGraw-Hill, Australia. ISBN: 9781743767672 (Pack - includes print book and Connect).
- Prescribed text information is not currently available.
Teaching and assessment
Fee information
Domestic
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
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.