Corporate Accounting PG (11403.4)
| Available teaching periods | Delivery mode | Location |
|---|---|---|
| View teaching periods | On-campus |
Bruce, Canberra |
| EFTSL | Credit points | Faculty |
| 0.125 | 3 | Faculty Of Business, Government & Law |
| Discipline | Study level | HECS Bands |
| Canberra Business School | Post Graduate Level | Band 4 2021 (Commenced After 1 Jan 2021) Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905) Band 5 2021 (Commenced Before 1 Jan 2021) |
Learning outcomes
Upon successful completion of this unit, students will be able to:1. Apply relevant accounting standards to transactions and events in order to produce elements of general purpose financial statements;
2. Evaluate the appropriateness of accounting policies and practices used to prepare financial statements and understand that accounting involves the application of significant professional judgement;
3. Prepare, analyse and interpret elements of financial statements and their related disclosures and evaluate the alignment between applicable accounting standards and the AASB Conceptual Framework; and
4. Examine specific accounting regulations to identify and assess opportunities for creative accounting and evaluate its impact on users.
Graduate attributes
1. UC graduates are professional - communicate effectively1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - be self-aware
3. UC graduates are lifelong learners - evaluate and adopt new technology
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development
Prerequisites
6222 Accounting Systems and Practices GCorequisites
None.Incompatible units
6391 Company Accounting AND 11214 Corporate AccountingEquivalent units
6227 Company Accounting PGAssumed 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).| Year | Location | Teaching period | Teaching start date | Delivery mode | Unit convener |
|---|---|---|---|---|---|
| 2025 | Bruce, Canberra | Semester 1 | 03 February 2025 | On-campus | Dr Romalani Leofo |
| 2025 | Bruce, Canberra | Semester 2 | 28 July 2025 | On-campus | Dr Romalani Leofo |
| 2026 | Bruce, Canberra | Semester 1 | 16 February 2026 | On-campus | Dr Romalani Leofo |
| 2026 | Bruce, Canberra | Semester 2 | 10 August 2026 | On-campus | Dr Romalani Leofo |
Required texts
Prescribed textbook:
Loftus, J., Leo, K., Daniliuc, S., Luke, B., Ang, H.N., Bradbury, M., Hanlon, D., Knapp, J., Boys, & Byrnes, K. (2023). Financial reporting (4th ed.). Milton: John Wiley & Sons Australia.
There are some copies of the textbook available in the UC library.
The e-book can be purchased directly through the publisher website: https://www.wileydirect.com.au/buy/financial-reporting/
It is highly recommended that you have access to the prescribed textbook for background knowledge and to reinforce class material.
Submission of assessment items
Extensions & Late submissions
The Use of Artificial Intelligence services
The University's position is that artificial intelligence services must not to be used for assessment or assessment preparation by students unless explicitly allowed in the assessment instructions for an assessment task published with the assessment task and/or in the unit outline. That is, an artificial intelligence services may only be used if:
- its use is authorised by the unit convener (or HDR supervisor) as part of a specified assessment task, and
- it is used in the way allowed in the assessment instructions and/or unit outline, and
- its use is appropriately referenced, meaning that students must reference the use of AI in their assessment in the same way as they reference other source material.
The University of Canberra (Student Conduct) Rules determine whether a behaviour is academic misconduct.
Under the Rules, if a student does not follow assessment instructions, then a behaviour may be found to be academic misconduct.
Under the Rules if a student does not appropriately reference a source, then a behaviour may be found to be plagiarism.
See more information here provided in semester 1, 2023.
Special assessment requirements
Final grades in this subject will be assessed according to performance in each of the assessment items identified above. In order to pass this unit, you must obtain:
- an overall total score of at least 50% AND
- submit all assessment items marked as mandatory.
Students must achieve a minimum of 50% of the total marks available in this unit to pass this unit.
Students must apply academic integrity in their learning and research activities at UC. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.
Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.
UC students have to complete the Academic Integrity Module annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).
UC uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.
Information is provided in the Academic Integrity Policy, Academic Integrity Procedure, and University of Canberra (Student Conduct) Rules 2023. For further advice, visit Study Skills.
Participation requirements
Lectures, tutorials and workshops sessions are essential learning opportunity in this unit.
As an advanced unit in financial accounting, it is important that students prioritise attendance in class.
There is a strong link between unit success and lecture/tutorial/workshop attendance.
Required IT skills
This unit is likely to involve some online meetings. To participate verbally, rather than just typing, you will need a microphone. For best audio quality we recommend a microphone and speaker headset.
Students are expected to be able to use Microsoft Word and Excel in addition to University systems available over the Internet (e.g. MyUC, Email, E-Reserve, Canvas, Library Catalogue, and Library Databases). Students are encouraged to use Zotero, Endnote or RefWorks for managing references for their research assignments.
Work placement, internships or practicums
None
Additional information
If the publisher's solutions are provided to the class or online through UCLearn (Canvas), the unit convener does not accept any responsibility for any errors identified in those documents.
The unit convener is only responsible for the accuracy of solutions/questions/quizzes provided by the unit convener.
