Description

This subject provides fundamental knowledge of accounting processes, concepts and principles that underpin financial accounting. Introduction to the Conceptual Framework and accounting standards presents the role of accounting within the Australian external reporting environment. Students will apply theoretical knowledge and judgement to evaluate and assess the impact of financial accounting … For more content click the Read More button below.

Other Requirements

Anti-Requisite

Pre-requisite

Learning Outcomes

Upon completion of this subject, graduates will be able to:
1.
Identify and analyse measurement systems and their relationship with the Conceptual Framework and Accounting standards
2.
Demonstrate the process of double entry recording in an accounting information system from transactions through to the preparation of financial reports for service and retail organisations; sole traders and partnerships
3.
Investigate theoretical, practical and ethical issues underlying the accounting standards with reference to accounting for non-current assets, inventories, receivables, cash and liabilities

Assessments

1. Written - Test/Quiz

2. MM - Multi-method

3. Written - Examination (centrally administered)

Offerings

Trimester 1

CAM-BNE-TR1

CAM-TSV-TR1

ONL-TSV-TR1

Trimester 1 Singapore

CAM-SIN-TR1S

Trimester 2

CAM-BNE-TR2

CAM-SIN-TR2

Trimester 3

CAM-BNE-TR3

CAM-SIN-TR3

Learning Activities

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