| Assessment |
| Title |
Exam Length |
Weight |
Mode |
No. Words |
| Assignment 1 |
|
30%
|
On Campus TOP
|
4000 |
| Relates to Learning Outcomes (LO) and
Graduate Attributes (GA) |
| LO: 1, 2, 3, 5
GA: 1, 3, 4, 6 |
| Assignment 1 |
|
30%
|
On/Off Campus
|
4000 |
| Relates to Learning Outcomes (LO) and
Graduate Attributes (GA) |
| LO: 1, 2, 3 and 5
GA: 1, 3,4 and 6 |
| Tutorial |
|
10%
|
On Campus TOP
|
|
| Assessment Notes |
| Participation |
|
| Relates to Learning Outcomes (LO) and
Graduate Attributes (GA) |
| LO: 1-6
GA: 1, 2, 3, 4, 6 |
|
| Final Examination |
2 hrs
|
60%
|
On Campus TOP
|
|
| Relates to Learning Outcomes (LO) and
Graduate Attributes (GA) |
| LO: 1-6
GA: 1, 2, 3, 4, 6 |
|
| Final Examination |
2 hrs
|
70%
|
On/Off Campus
|
|
| Relates to Learning Outcomes (LO) and
Graduate Attributes (GA) |
| LO: 1 - 6
GA: 1, 2, 3, 4 and 6 |
|
| Learning Outcomes (LO) |
Upon completion of this unit, students will be able to:
-
have a knowledge of how accounting regulation is developed, the changes and its effects, which include theories of financial accounting, positive accounting theory, creative accounting and apply and justify the various accounting standards applicable in Australia;
-
understand how to account for tangible assets such as inventory valuation, and acquisition and depreciation of property, plant, and equipment. Be aware of the effects of different methods that have been used in a reporting entity;
-
understand the theories and application for impairment and revaluation of non-current assets and intangible assets such as goodwill and research and development expenses;
-
understand the accounting for company income taxes, the differences between accounting rules and tax rules and their effects;
-
understand how to provide and apply the use of cash flow statement, and notes to the statements of cash flows in practice;
-
understand the accounting for heritage assets, biological assets and extractive industries as well as liabilities and owners' equity which include accounting for leases, liabilities such as provisions, contingent liabilities and debentures, the income statement, the events occurring after balance sheet dates, and earnings per share.
|
| Graduate Attributes (GA) |
|
Attribute |
Taught |
Assessed |
Practised |
| 1 |
Knowledge of a Discipline
An extended command of the financial accounting discipline will be achieved through knowledge presented in the teaching and learning activities associated with the unit.
|
|
|
|
| 2 |
Communication Skills
|
|
|
|
| 3 |
Global Perspectives
The unit content provides students with an understanding of reporting requirements for Australian companies within a global context.
|
|
|
|
| 4 |
Information Literacy
|
|
|
|
| 5 |
Life-Long Learning
Academic skills required for life-long learning are taught within the unit.
|
|
|
|
| 6 |
Problem Solving
|
|
|
|
| 7 |
Social Responsibility
Increased awareness of socially responsible practices is emphasised in the unit.
|
|
|
|
|
