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.

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 subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsAustralian Financial AccountingPrescribedDeegan, C (2019)Mc Graw Hill

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:
Workshop and online material
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,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 (Adaptability Skills,Study and Learning Skills)
Personal and Professional Skills (Adaptability Skills,Study and Learning Skills)
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:
Workshop and online material
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,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 (Adaptability Skills,Study and Learning Skills)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

03. Explain and apply the main accounting theories as they apply to accounting practices and regulations

Activities:
Workshop and online material
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)

04. Apply judgement and problem solving skills to deal with advance financial accounting issues.

Activities:
Workshop and online material
Related graduate capabilities and elements:
Literacies and Communication Skills (Writing,Quantitative Literacy)
Literacies and Communication Skills (Writing,Quantitative Literacy)
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 (Adaptability Skills,Study and Learning Skills)
Discipline -Specific Knowledge and Skills (Discipline-Specific Knowledge and Skills)

Subject options

Select to view your study options…

Start date between: and    Key dates

Albury-Wodonga, 2020, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 31 - 43
One 2.0 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03

Bendigo, 2020, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 31 - 43
One 2.0 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03

Chisholm311(ChisholmInstitute), 2020, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 31 - 43
One 2.0 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03

Chisholm311(ChisholmInstitute), 2020, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 10 - 22
One 2.0 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03

Melbourne, 2020, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 31 - 43
One 2.0 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03

Melbourne, 2020, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 10 - 22
One 2.0 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03

Mildura, 2020, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 31 - 43
One 2.0 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03

Shepparton, 2020, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 31 - 43
One 2.0 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03

Sydney, 2020, Study Period 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 10 - 22
One 2.0 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03

Sydney, 2020, Study Period 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 31 - 42
One 2.0 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03

Sydney, 2020, Study Period 3, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorBalachandran Muniandy

Class requirements

WorkShop Week: 46
One 2.0 hours workshop per week on weekdays during the day in week 46 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 elementComments% ILO*
One individual assignment (800 words per student)The assignment will be calculation or case study and accounting theory based.10 03, 04
One 3-hour final examinationEquivalent to 3,000 words60 01, 02, 03, 04
In-class testsEquivalent to 500 words20 01, 02, 03, 04
One on-line testEquivalent to 200 words10 01, 02, 03