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UNIT CODE: ACC205

CORPORATE ACCOUNTING

UNIT DESCRIPTION

This unit builds upon the unit Financial Accounting. Students will explore the nature of information contained in company financial reports and how these reports are presented to relevant groups and agencies. The unit examines various disclosure rules and requirements.  Students also discuss and examine the principle of fair value before examining practices associated with the impairment of assets.  Students then examine various types of business disclosure before exploring issues surrounding business combinations, consolidations, liquidation and winding up of companies.

STUDENT WORKLOAD + DELIVERY MODE

TIMETABLED HOURS

RECOMMENDED PERSONAL HOURS

TOTAL WORKLOAD HOURS

STUDY LOAD

3 Hours per week

5 Hours per week

8 Hours per week

Full time 

MODE OF DELIVERY

This unit will be offered to students in the following mode/s:

+ Face-to-face (Domestic and International) 

+ Online (Domestic)

OVERVIEW

Award Course

Bachelor of Business Accounting

Area

Accounting

Unit Duration

12 Weeks

Weekly Attendance Pattern

3 hour session

Unit Level

200

Unit Weighting

6 Credit Points

Unit Type

Core Unit

Pre-Requisites

ACC201 Financial Accounting (or equivalent)

Co-Requisites

N/A

Work Integrated Learning

No

UNIT LEARNING OUTCOMES

  • Demonstrate an understanding of the Australian accounting regulatory environment and associated accounting standards

  • Describe and discuss alternative models and theories of financial accounting 

  • Apply contemporary financial accounting standards to prepare financial statements in accordance with financial accounting statements

  • Explain and discuss the balance required between regulation and contemporary accounting practices

ASSESSMENT STRUCTURE

ASSESSMENT TASK

  • Assessment 1: Mid Trimester Exam

  • Assessment 2: Practical Exercise (Case Study)

  • Assessment 3: Final Exam

  • Assessment 4: Engagement with the Process 

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