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
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Demonstrate an understanding of the Australian accounting regulatory environment and associated accounting standards
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Describe and discuss alternative models and theories of financial accounting
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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
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Assessment 1: Mid Trimester Exam
-
Assessment 2: Practical Exercise (Case Study)
-
Assessment 3: Final Exam
-
Assessment 4: Engagement with the Process