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 | identify regulatory features, frameworks and disclosures for external financial reporting |
| 2 | apply accounting frameworks and standards relating to assets |
| 3 | apply accounting frameworks and standards related to liabilities, leasing, equity and income taxes |
| 4 | apply accounting frameworks and standards related to foreign currency transactions, business combinations and consolidation. |
On completion of this unit, students should be able to:
- identify regulatory features, frameworks and disclosures for external financial reporting
- apply accounting frameworks and standards relating to assets
- apply accounting frameworks and standards related to liabilities, leasing, equity and income taxes
- apply accounting frameworks and standards related to foreign currency transactions, business combinations and consolidation.
Prescribed Learning Resources
- 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).
Relevant Accounting Standards (to be accessed online from the Australian Accounting Standards Board (AASB) website at http://www.aasb.gov.au/Pronouncements/Current-standards.aspx
- Prescribed text information is not currently available.
- Prescribed resources/equipment 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.