Accounting Systems and Practices (6360.4)

Please note these are the 2017 details for this unit
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Accounting Systems and Practices
Available teaching periods Delivery mode Location
View teaching periods
EFTSL Credit points Faculty
0.125 3 Faculty Of Business, Government & Law
Discipline Study level HECS Bands
School Of Information Systems & Accounting Level 2 - Undergraduate Intermediate Unit 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)
This unit extends the financial accounting material introduced in the prerequisite accounting unit. Students who complete this unit will have a broad understanding of the techniques and processes required to produce financial statements for a simple entity. Topics include the use of accrual accounting in preparing journal entries for a range of transactions and events, developing spreadsheets for decision support models, and utilising principles of internal controls. These topics provide the basis necessary to complete the next unit in the financial accounting stream.

Learning outcomes

Students who successfully complete this unit will be able to: 1. Exercise judgment in the application of accounting standards when dealing with structured information;
2. Identify internal control weaknesses and develop appropriate solutions; and
3. Employ a variety of spreadsheet skills to create simple financial models to support management decision-making.


Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings


Prerequisites

5466 Accounting for Managers OR
5617 Accounting for Managers OR
11009 Business Decision Making

Corequisites

None.

Assumed knowledge

None.
Year Location Teaching period Teaching start date Delivery mode Unit convener
Not available

Required texts

Hoggett, Edwards, Medlin, Chalmers, Hellman, Beattie and Maxfield 2018, Financial Accounting, 10th Edition, John Wiley & Sons Australia Ltd.

Pabst, Wendy and Perrin, Brian 2014, e-Generation: A Computerised Accounting Practice Set using MYOB AccountRight v19 Student Edition, John Wiley & Sons Australia Ltd.

Submission of assessment items

Special assessment requirements

In order to pass this unit, students must submit all pieces of assessment, achieve an overall mark of 50% and a minimum mark of 40% in the final exam.

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

Although no participation marks assigned to the assessment, it is highly recommended that students attend all classes.

Required IT skills

You are expected to have or to gain general computer skills. You are also expected to have or gain the ability to use Canvas.

Work placement, internships or practicums

Not applicable in this Unit.