Advanced Accounting

Course aim

To enable students to understand the financial reporting environment, apply financial accounting and reporting requirements for reporting entities and companies for the purpose of external financial reporting, and related issues.

Course content

Overview of the financial reporting environment; arrangements for regulating external financial reporting and harmonisation. General purpose financial reports with particular reference to the Statement of Financial Position, Statement of Profit or Loss and Other Comprehensive Income and, Statement of Changes in Equity. Specific measurement issues including: leases, principles underlying preparation of financial statements including conceptual framework, an events after reporting period. Accounting for groups of entities and consolidations.

Textbook(s)

Loftus, J, Leo, K, Daniliuc, S, Boys, N, Luke, B, Nee Ang, H & Byrnes K 2020, Financial Reporting, 3rd edition, John Wiley & Sons Australia, Milton, Queensland

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number	Course Name
ACCT 5023	Financial Accounting

Students completing the transition to masters pathway will complete the pre-requisite course as a co-requisite.

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Preparatory	1 x 1 week
Workshop	3 hours x 10 weeks
EXTERNAL, CITY WEST, ONLINE
External	30 hours x N/A

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Continuous assessment, Interview, Viva Voce

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.