acc5frp cpa financial reporting
CPA FINANCIAL REPORTING
ACC5FRP
2020
Credit points: 15
Subject outline
This subject is designed to provide you with financial reporting and business skill that are applicable in an international professional environment. This subject is based on the International Financial Reporting Standards (IFRSs) and many international jurisdictions have adopted or progressively adopting the IFRSs. Financial reporting provides users with information to formulate corporate strategies, business plans and leadership initiatives. The primary aim of this subject is to provide you with globally transferable skills to prepare a set of general purpose financial statements. It also will provide effective financial analytical skills and the ability to comprehend and use a stock -exchange listed entity's financial statement. This subject's technical contents includes linkages with other subjects in the program. The boundaries of the syllabus do not restrict the knowledge expected in a professional environment and you are encouraged to learn beyond the syllabus.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorBalachandran Muniandy
Available to Study Abroad/Exchange StudentsYes
Subject year levelYear Level 5 - Masters
Available as ElectiveNo
Learning ActivitiesN/A
Capstone subjectNo
Subject particulars
Subject rules
Prerequisites Must have completed 180 credit points of subjects as per the course structure in either LMCPA or LMFAN and seek subject co-ordinator's approval
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Quota Management StrategyN/A
Quota-conditions or rulesN/A
Special conditionsAll students enrolling in the CPA Professional subjects must first enrol with CPA Australia and provide evidence of associate membership with CPA Australia. The final exam for the CPA professional subjects is the official CPA professional accreditation exam set and graded by CPA Australia. Students failing to pass this exam on the first attempt will be offered a second attempt in lieu of a supplementary exam. All CPA Australia exams are at the students own cost, exam payments must be made directly to CPA Australia. Students choosing to Exit after satisfactorily completing any four LBS Subjects (60 CP) may exit with a Graduate Certificate in Business. Students choosing to Exit after satisfactorily completing any eight LBS Subjects (120 CP) may exit with a Graduate Diploma in Business. Students failing to satisfactorily complete all six CPA subjects will be able to transfer to complete the generic MPA, where completed CPA subjects will count towards the elective subjects of that degree.
Minimum credit point requirementN/A
Assumed knowledgeN/A
Learning resources
Study Guide
Resource TypeOther resource
Resource RequirementPrescribed
AuthorCPA Australia
YearN/A
Edition/VolumeN/A
PublisherCPA Australia
ISBNN/A
Chapter/article titleN/A
Chapter/issueN/A
URLN/A
Other descriptionN/A
Source locationN/A
Career Ready
Career-focusedNo
Work-based learningNo
Self sourced or Uni sourcedN/A
Entire subject or partial subjectN/A
Total hours/days requiredN/A
Location of WBL activity (region)N/A
WBL addtional requirementsN/A
Graduate capabilities & intended learning outcomes
Graduate Capabilities
Intended Learning Outcomes
Subject options
Select to view your study options…
Melbourne (Bundoora), 2020, Week 06-24, Night
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
SeminarWeek: 6 - 18
One 3.00 hours seminar per week on weekdays at night from week 6 to week 18 and delivered via face-to-face.
Taught as seven 3-hour face-to-face seminars, plus online material from CPA Australia. Seminar timing will be aligned to match CPA Australia exam dates.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
CPA Final Exam (3 hours 15 minutes) (3500 word equivalence). Hurdle requirement: Students must pass the matching CPA Program Exam to be eligible to pass this subject. The CPA Program Exams are of three hours and 15 minutes duration. CPA Program exams are open book. As this exam forms part of a professional qualification, the required level of performance is high. | Central exam | Individual | Yes | 70 | SILO1, SILO2, SILO3 |
Individual Case Study Assignment (1,000 words). Students will conduct in-depth analysis of case studies and prepare a report which is to be submitted via LMS. This will assist students to prepare for the CPA Exam where case study analysis is an important element of the subject. | Assignment | Individual | No | 20 | SILO1, SILO2, SILO3 |
Two in-class case studies (250 words each). Students will be attempting the in-class assessment during the workshop for the selected topics. This will give them an experience to work on a piece of assessment within a required time frame. | Other | Individual | No | 10 | SILO1, SILO2, SILO3 |
Melbourne (Bundoora), 2020, Week 29-43, Night
Overview
Online enrolmentNo
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
SeminarWeek: 30 - 42
One 3.00 hours seminar per week on weekdays at night from week 30 to week 42 and delivered via face-to-face.
Taught as seven 3-hour face-to-face seminars, plus online material from CPA Australia. Seminar timing will be aligned to match CPA Australia exam dates.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
CPA Final Exam (3 hours 15 minutes) (3500 word equivalence). Hurdle requirement: Students must pass the matching CPA Program Exam to be eligible to pass this subject. The CPA Program Exams are of three hours and 15 minutes duration. CPA Program exams are open book. As this exam forms part of a professional qualification, the required level of performance is high. | Central exam | Individual | Yes | 70 | SILO1, SILO2, SILO3 |
Individual Case Study Assignment (1,000 words). Students will conduct in-depth analysis of case studies and prepare a report which is to be submitted via LMS. This will assist students to prepare for the CPA Exam where case study analysis is an important element of the subject. | Assignment | Individual | No | 20 | SILO1, SILO2, SILO3 |
Two in-class case studies (250 words each). Students will be attempting the in-class assessment during the workshop for the selected topics. This will give them an experience to work on a piece of assessment within a required time frame. | Other | Individual | No | 10 | SILO1, SILO2, SILO3 |