Financial Accounting Fundamentals M

Course aim

To provide the foundational framework of financial accounting in the context of the corporate entity, so that a student can progress to a major study of the discipline by ensuring that the student has an integrated understanding of fundamental accounting systems and the accounting cycle, by being introduced to the corporate institutional and ethical environments that corporate accounting operates within and by an initial exposure to the theoretical and conceptual issues surrounding the practice of financial accounting.

Course content

Confirmation and expansion of the knowledge pertaining to the complete accounting cycle with emphasis on the design and implementation of double entry accounting systems. An introduction to the financial reporting environment including an introductory exposure to various accounting standards used in financial accounting. An introductory investigation of the practical, theoretical and ethical issues underlying the application of accounting. Preparation of financial statements: balance sheet, income statement and statement of cash flows.

Textbook(s)

Hoggett, J, Medlin, J, Edwards, L, Tilling, M & Hogg, E 2012, Accounting, 8th edn, John Wiley & Sons Australia Ltd, Milton, Australia

Prerequisite(s)

Nil

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Seminar	3 hours x 13 weeks
EXTERNAL, CITY WEST, DISTANCE EDUCATION
External	N/A x 13 weeks
INTERNAL, OFFSHORE, HONG KONG BAPTIST UNIVERSITY
Lecture	4 hours x 5 days
Tutorial	2.5 hours x 4 days

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

Assessment

Accounting Practice Set, Case study, Written examination

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
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
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* 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.