Key facts
UNE unit code: AFM211
*You are viewing the 2025 version of this unit which may be subject to change in future.
- Trimester 1 - On Campus
- Trimester 1 - Online
- Trimester 2 - On Campus
- Trimester 2 - Online
- UNE Sydney Campus
- Armidale Campus
- Yes
- No
- Yes
- 6
Unit information
Build on your financial accounting knowledge with this unit to expand your real-world business skills for working with Australian reporting entities.
Studying this unit will equip you with the specialist knowledge to apply several accounting standards for external financial reporting in practical situations.
You will explore various financial reporting issues pertaining to Australian reporting entities. This includes examining financial accounting processes and requirements related to various assets, liabilities, owners’ equity, income and expense.
Through practical assignments, you will develop the skills and knowledge for creating and interpreting statements of financial position, comprehensive income and cash flow.
You will also analyse and apply theories, concepts and information from a range of sources to solve business problems.
Offerings
For further information about UNE's teaching periods, please go to Principal Dates.
| Teaching period | Mode/location |
|---|---|
| Trimester 1 | On Campus, Armidale Campus |
| Trimester 1 | On Campus, UNE Sydney Campus |
| Trimester 1 | Online |
| Trimester 2 | On Campus, Armidale Campus |
| Trimester 2 | Online |
*Offering is subject to availability
Intensive schools
There are no intensive schools required for this unit.
Enrolment rules
Notes
Please refer to the student handbook for current details on this unit.
Unit coordinator(s)
Learning outcomes
Upon completion of this unit, students will be able to:
- demonstrate a well-developed knowledge of financial accounting processes with some depth in understanding of the accounting treatment of financial transactions and events related to assets, liabilities, owners' equity, income and expense and apply this to business-related problems;
- demonstrate a well-developed knowledge of financial accounting processes with some depth in the creation and interpretation of the statements of comprehensive income, the statement of financial position, and the statement of cash flows and apply this to business-related problems;
- use a range of cognitive and communication skills to identify, evaluate and synthesise relevant information drawn from a range of sources in order to demonstrate judgement and analytical skills in solving sometimes complex business-related problems; and
- work independently and/or collaboratively to plan and execute tasks to enhance professional knowledge and skills in the area of financial accounting.
Assessment information
Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
| Title | Must Complete | Weight | Offerings | Assessment Notes |
|---|---|---|---|---|
| Assignment 1 | Yes | 15% | All offerings | This compulsory assignment consists of an essay and problem-based questions. No. Words: 1500 (equivalent) |
| Assignment 2 | Yes | 15% | All offerings | This assignment consists of problem-based questions. No. Words: 1500 (equivalent) |
| Discussion | No | 10% | Trimester 1, Online; Trimester 2, Online | Active participation in online discussion forums. No. Words: 1000 (equivalent) |
| Workshop Participation | No | 10% | Trimester 1, On Campus; Trimester 2, On Campus | No. Words: 1000 (equivalent) |
| Final Examination | Yes | 60% | All offerings | Students must obtain at least 50% in the exam and 50% overall (combined score across all assessment tasks) to pass the unit. |
Learning resources
Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.
Financial Accounting
ISBN: 9781743767382
Deegan, C., Irwin/McGraw-Hill 9th ed. 2020
Text refers to: Trimester 1 (On Campus), Trimester 1 (Online)
Note: Recommended material is held in the University Library — purchase is optional.
Financial Accounting
ISBN: 9781743767382
Deegan, C., Irwin/McGraw-Hill 9th ed. 2020
Text refers to: Trimester 2 (On Campus), Trimester 2 (Online)
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