Financial Reporting

Course aim

This is a required course from the CPA Program.

The primary aim of Financial Reporting is to provide you with globally transferable skills to prepare a set of general purpose financial statements in different jurisdictions. The segment encourages high quality financial reporting and the practice of strong ethical values in the accounting profession.

The secondary aim is to provide:
effective financial analytical skills
the ability to comprehend and use a stock-exchange listed entity's financial statements 

Course content

The course contains the following topics:
The Conceptual Framework and its application in financial reporting
Presentation of financial statements 
Provisions, contingent liabilities and contingent assets 
Income taxes 
Financial instruments 
Business combinations and group accounting 
Impairment of assets

Textbook(s)

Nil

Prerequisite(s)

Students must have successfully completed 40.5 units in the Master of Professional Accounting program before enrolment in this course.

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Preparatory	1 x 1 week
Workshop	2 hours x 10 weeks

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

Assessment

Continuous assessment, Examination

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:
How to determine your Commonwealth Supported course fee. (Opens new window)

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:
How to determine the relevant non award tuition fee. (Opens new window)

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.