CORPORATE REPORTING

ACC2CRE

2020

Credit points: 15

Subject outline

This subject seeks to develop your understanding of the Australian financial reporting environment and the implications of financial accounting for modern reporting entities. You will explore key accounting standards and develop skills to prepare external financial statements as an accounting professional. Topics covered include accounting for property, plant and equipment, intangible assets, income taxes, business combinations, consolidated financial statements, accounting for equity investments and joint ventures.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Muhammad Ali

Available to Study Abroad/Exchange Students: No

Subject year level: Year Level 2 - UG

Available as Elective: Yes

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: ACC1AIS

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Quota Management Strategy: N/A

Quota-conditions or rules: N/A

Special conditions: N/A

Minimum credit point requirement: N/A

Assumed knowledge: N/A

Learning resources

Financial Reporting

Resource Type: Book

Resource Requirement: Recommended

Author: Loftus et al.

Year: N/A

Edition/Volume: 2nd Ed

Publisher: John Wiley & Sons Australia

ISBN: N/A

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Company Accounting

Resource Type: Book

Resource Requirement: Recommended

Author: Leo et al.

Year: N/A

Edition/Volume: 11th Ed

Publisher: John Wiley & Sons Australia

ISBN: N/A

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Financial Accounting

Resource Type: Book

Resource Requirement: Prescribed

Author: Deegan, C.

Year: N/A

Edition/Volume: 8th Ed

Publisher: McGraw-Hill Australia

ISBN: N/A

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Career Ready

Career-focused: No

Work-based learning: No

Self sourced or Uni sourced: N/A

Entire subject or partial subject: N/A

Total hours/days required: N/A

Location of WBL activity (region): N/A

WBL addtional requirements: N/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

DISCIPLINE KNOWLEDGE AND SKILLS
INQUIRY AND ANALYSIS - Creativity and Innovation
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Analyse and apply the relevant international and Australian conceptual frameworks and accounting standards when solving a range of issues as an accounting professional regarding accounting for non-current assets and income taxes and the preparation of corporate financial statements.
02. Demonstrate accounting knowledge in areas such as business combinations and group accounting of a reporting entity.
03. Appraise the economic consequences of using different accounting methods in the preparation of corporate financial reports of modern reporting entities.

Albury-Wodonga, 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 10 - 22
One 2.00 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Bendigo, 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 10 - 22
One 2.00 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Melbourne (Bundoora), 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 10 - 22
One 2.00 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Chisholm 311 (Chisholm Institute), 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 10 - 22
One 2.00 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Mildura, 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 10 - 22
One 2.00 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by online lectures and other learning tools under the blended delivery mode

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Shepparton, 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 10 - 22
One 2.00 hours workshop per week on weekdays at night from week 10 to week 22 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Melbourne (Bundoora), 2020, Semester 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 31 - 43
One 2.00 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Chisholm 311 (Chisholm Institute), 2020, Semester 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 31 - 43
One 2.00 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Melbourne (Bundoora), 2020, LTU Term 6, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 45 - 50
Two 2.00 hours workshop per week on weekdays during the day from week 45 to week 50 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Sydney, 2020, Study period 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 10 - 22
One 2.00 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Sydney, 2020, Study period 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 31 - 42
One 2.00 hours workshop per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Sydney, 2020, Study period 3, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 46 - 0
One 2.00 hours workshop per week on weekdays during the day from week 46 to week 0 and delivered via face-to-face.
One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Melbourne (Bundoora), 2020, Summer 2 , Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Muhammad Ali

Class requirements

WorkShopWeek: 2 - 7
Two 2.00 hours workshop per week on weekdays during the day from week 2 to week 7 and delivered via face-to-face.
Two 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

On-line Quizzes Equivalent to 500 words

N/AQuizzesIndividualNo10SILO1, SILO2

One Group Assignment Equivalent to 500 words per student

N/AAssignmentGroupNo20SILO1, SILO2, SILO3

One 3-hour final examination Equivalent to 3000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3

In-Class Assessments Equivalent to 500 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3