acc3afa advanced financial accounting
ADVANCED FINANCIAL ACCOUNTING
ACC3AFA
2015
Credit points: 15
Subject outline
This subject provides an understanding of some of the major contemporary issues associated with the measurement and reporting of the operating results and financial position of modern reporting entities. In keeping with recent recommendations of the Australian accounting profession, this subject covers foreign currency transactions, superannuation, financial instruments, construction contracts and other topical issues. The role of theory in accounting is also covered.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorBalachandran Muniandy
Available to Study Abroad StudentsYes
Subject year levelYear Level 3 - UG
Exchange StudentsYes
Subject particulars
Subject rules
Prerequisites ACC2CRE
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjects ACC3FNA
Special conditionsN/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Australian financial accounting | Prescribed | Deegan, C. | 7TH EDN. |
Graduate capabilities & intended learning outcomes
01. Analyse and apply relevant accounting standards within a dynamic organisational environment, with a particular focus on complex transactions, specialised industries and financial statement disclosure
- Activities:
- Lecture, workshop
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Teamwork including leadership and working in groups)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
02. Evaluate the criteria for assets and liabilities as they apply to the components of the accounting equation
- Activities:
- Lecture, workshop
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Teamwork including leadership and working in groups)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
03. Explain and apply the main types of accounting theories as they apply to accounting practices and regulations
- Activities:
- Lecture, Workshop
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Teamwork including leadership and working in groups)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
Subject options
Select to view your study options…
Albury-Wodonga, 2015, Semester 2, Night
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
LectureWeek: 31 - 43
One 5.0 hours lecture other recurrence on weekdays at night from week 31 to week 43 and delivered via face-to-face.
"student will attend a seminar every alternate week during the semester"
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Bendigo, 2015, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorJane Hamilton
Class requirements
LectureWeek: 31 - 43
One 2.0 hours lecture other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
TutorialWeek: 31 - 43
One 1.0 hours tutorial other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Dandenong, 2015, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
SeminarWeek: 10 - 22
One 2.0 hours seminar other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Dandenong, 2015, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
SeminarWeek: 31 - 43
One 2.0 hours seminar other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Melbourne, 2015, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
LectureWeek: 10 - 22
One 2.0 hours lecture other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Melbourne, 2015, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
TutorialWeek: 31 - 43
One 1.0 hours tutorial other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
LectureWeek: 31 - 43
One 2.0 hours lecture other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Melbourne, 2015, Summer 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
LectureWeek: 02 - 07
Two 3.0 hours lecture per week on weekdays during the day from week 02 to week 07 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Mildura, 2015, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
LectureWeek: 32 - 43
One 2.0 hours lecture other recurrence on weekdays during the day from week 32 to week 43 and delivered via face-to-face.
TutorialWeek: 33 - 43
One 1.0 hours tutorial other recurrence on weekdays during the day from week 33 to week 43 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Shepparton, 2015, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
LectureWeek: 31 - 43
One 2.0 hours lecture other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
TutorialWeek: 31 - 43
One 1.0 hours tutorial other recurrence on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Sydney, 2015, ACN Semester 1, Day
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
LectureWeek: 11 - 22
One 3.0 hours lecture other recurrence on weekdays during the day from week 11 to week 22 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Sydney, 2015, ACN Semester 2, Day
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
LectureWeek: 28 - 39
One 3.0 hours lecture other recurrence on weekdays during the day from week 28 to week 39 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |
Sydney, 2015, ACN Summer Semester, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
LectureWeek: 45
One 3.0 hours lecture other recurrence on weekdays during the day in week 45 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one group report | 20 | 03 | |
| one 3-hour final examination | Hurdle requirement: Students must achieve at least 40% in the final examination as well as an overall total of 50% to pass the subject | 60 | 01, 02, 03 |
| one 60 minute class test | or equivalent assessment | 20 | 01, 02 |