ADVANCED FINANCIAL ACCOUNTING

ACC3AFA

2020

Credit points: 15

Subject outline

This subject provides you with an understanding of some of the major contemporary issues and theories 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, employee benefits, financial instruments, specialized industries and other topical issues. The role of theory in accounting is also covered.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Balachandran Muniandy

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 3 - UG

Available as Elective: Yes

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: ACC2CRE

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

Australian Financial Accounting

Resource Type: Book

Resource Requirement: Prescribed

Author: Deegan, C

Year: 2019

Edition/Volume: N/A

Publisher: Mc Graw Hill

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

COMMUNICATION - Communicating and Influencing
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
PERSONAL AND PROFESSIONAL - Adaptability and Self-Management

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
02. Evaluate the criteria for assets and liabilities as they apply to the components of the accounting equation
03. Explain and apply the main accounting theories as they apply to accounting practices and regulations
04. Apply judgement and problem solving skills to deal with advance financial accounting issues.

Melbourne (Bundoora), 2020, Semester 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Balachandran Muniandy

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.
In addition, students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 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: Balachandran Muniandy

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.
In addition, students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Albury-Wodonga, 2020, Semester 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Balachandran Muniandy

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.
In addition, students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Bendigo, 2020, Semester 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Balachandran Muniandy

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.
In addition students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Melbourne (Bundoora), 2020, Semester 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Balachandran Muniandy

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.
In addition, students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 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: Balachandran Muniandy

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.
In addition, students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Mildura, 2020, Semester 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Balachandran Muniandy

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.
In addition, students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Shepparton, 2020, Semester 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Balachandran Muniandy

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.
In addition, students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Sydney, 2020, Study period 1, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Balachandran Muniandy

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.
In addition, students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Sydney, 2020, Study period 2, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Balachandran Muniandy

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.
In addition, students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3

Sydney, 2020, Study period 3, Blended

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Balachandran Muniandy

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.
In addition, students are expected to undertake between 1-3 hours of learning and assessment activities each week prior to class.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One individual assignment (800 words per student) The assignment will be calculation or case study and accounting theory based.

N/AAssignmentIndividualNo10SILO3, SILO4

One 3-hour final examination Equivalent to 3,000 words

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4

In-class tests Equivalent to 500 words

N/AOtherIndividualNo20SILO1, SILO2, SILO3, SILO4

One on-line test Equivalent to 200 words

N/AOtherIndividualNo10SILO1, SILO2, SILO3