Corporate Accounting (11214.2)
| Level: | Level 2 - Undergraduate Intermediate Unit |
|---|---|
| Credit Points: | 3 |
| HECS Bands: | 2, 3 |
| Faculty: | Faculty of Business, Government & Law |
| Discipline: | Canberra Business School |
Availability
-
UC - Canberra, Bruce
Year Teaching Period Convener Mode of Delivery 2020 Semester 2 MR Mark HUGHES (Ph: +61 2 62012695 ) ON-CAMPUS -
UC - Global Business College of Australia, Melbourne
Year Teaching Period Convener Mode of Delivery 2020 Semester 2 MR Mark HUGHES (Ph: +61 2 62012695 ) ON-CAMPUS
Possible changes to your unit's learning activities and assessment items
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Unit Outlines
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- Semester 2, 2020, ON-CAMPUS, BRUCE (197822) - View
- Semester 2, 2019, ON-CAMPUS, TQB-SB (184853) - View
- Semester 2, 2019, ON-CAMPUS, GBCA-MELB (184854) - View
- Semester 2, 2019, ON-CAMPUS, BRUCE (184852) - View
- HKBU Trimester 1, 2019, ON-CAMPUS, HKBU (192179) - View
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Syllabus
Corporate Accounting extends the material covered in Accounting Systems and Practices. This is a technical financial accounting unit which explores accounting standards used by companies in Australia when preparing their annual reports for shareholders and other users of financial information. Topics covered include, but are not limited to, accounting for income taxes, property plant and equipment, impairment, fair value measurement, and consolidation. The unit also evaluates alignment of accounting regulations with the objectives of financial reporting, as articulated in the Conceptual Framework.
Learning Outcomes
After successful completion of this unit, students will be able to:
1. Apply accounting regulations to corporate groups with fully-owned domestic subsidiaries;
2. Assess opportunities for creative accounting within accounting regulations and their impact on users;
3. Evaluate the alignment between accounting regulations and the AASB Conceptual Framework and;
4. Engage in active, experiential and reflective learning that focuses on accounting practice and the profession.
Assessment Items
Contact Hours
One 2 hour lecture and one 1 hour tutorial on-campus per week.
Prerequisites
11212 Accounting Systems and Practices.
Corequisites
None.
Assumed Knowledge
A strong understanding of debit credit rules and how to apply the definitions of the major elements of financial accounting (assets, liabilities, owners equity, income and expenses).
Incompatible Units
None.
Equivalent Units
6391 Company Accounting.