Availabilities:

LocationDomesticInternational
Gold Coast
Term2,5
Term2,5
MelbourneN/A
Term2,5
Online
Term2,5
Term2,5
PerthN/A
Term2,5
SydneyN/A
Term2,5

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

Module 1: The financial reporting environment and Disclosures

Module 2: Accounting for non-current assets, acquisition of assets and intangible assets

Module 3: Accounting for liabilities and equity and related disclosures

Module 4: Accounting for income taxes

Module 5: Foreign currency and Consolidation business combinations

Module 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.

On completion of this unit, students should be able to:
1 explain the regulatory setting and the framework for external financial reporting
2interpret and evaluate regulatory requirements governing financial reporting of Australian corporations
3apply specific accounting standards, including those relating to assets, liabilities, equity, income taxes, foreign currency transactions, business combinations and consolidation in structured or unstructured settings
4prepare 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:

  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.

Prescribed texts

  • Prescribed text information is not currently available.

  • Prescribed text information is not currently available.
Prescribed texts may change in future teaching periods.

Teaching and assessment

Notice

Intensive offerings may or may not be scheduled in every teaching period. 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 teaching period.

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.

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