Unit snapshot

  • Unit type
    PG Coursework Unit
  • Credit points
    12
  • Faculty & College
    Faculty of Business, Law and Arts
  • Placement
    No
  • Pre-requisites
    ACCT5001 - Business Accounting

Unit description

Introduces the regulatory setting and the framework of financial reporting of companies listed on the Australian Stock Exchange, as well as specific techniques required to account for and report on transactions of corporate entities. In addition, the application of selected accounting standards in the financial reports will be reviewed and evaluated.

This unit is an integral part of a selection of courses at SCU Online. Each course incorporates this unit into a complete and immersive educational experience. If you're interested in this unit, we highly recommend enrolling in one of the courses listed below.

 

Unit content

Module 1: The financial reporting environment and Disclosures

Module 2: Accounting for non-current assets, acquisition of assets and intangible assets

Module 3: Accounting for liabilities, equity and leasing

Module 4: Accounting for income taxes

Module 5: Foreign currency and business combinations

Module 6: Consolidation

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Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

 

On completion of this unit, students should be able to:

  • Identify regulatory features, frameworks and disclosures for external financial reporting
  • Apply accounting frameworks and standards relating to assets
  • Apply accounting frameworks and standards related to liabilities, leasing, equity and income taxes
  • Apply accounting frameworks and standards related to foreign currency transactions, business combinations and consolidation

Teaching and assessment

Teaching method
Workshop (weekly)
Tutorial (weekly)

Assessment
Quiz: 20%
Report: 30%
Case study: 50%

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A woman seated at a desk, focused on her laptop, surrounded by a tidy workspace and soft lighting.

Study this unit in the following courses

This unit is a fundamental component of the full courses listed below, each designed to equip you with the in-depth knowledge and skills needed to achieve your career goals. To fully benefit from your learning experience and apply it to real-world challenges, engaging with the entire course is essential. Explore the courses that include this unit and take the next step towards your professional success.

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