Accounting for company groups
Mr Grant Gay
One 3-hour session per week * Second semester * Clayton * Prerequisite: AAF4300 or its equivalent
Synopsis The topics in this subject include the nature of company groups, consolidation concepts and practices; the preparation of consolidated financial reports; special problems in the preparation of consolidated financial reports, equity accounting; decision making using consolidated reports; disclosure of financial information (particularly for company groups); segmented reporting; joint ventures; partnerships, tax effect accounting and business closures.
Assessment Essay (2000 words): 20% * Case study: 20% * Examination (3 hours): 60%
Prescribed texts
Australian Society of CPAs and the Institute of Chartered Accountants in Australia Accounting handbook Prentice-Hall, 1994