AFC9030

Accounting for company groups

(BUS)

Not offered in 2002

Mr Grant Gay

3-hour session per week + Second semester + Clayton + Prerequisite: AFC4300 or its equivalent

Synopsis: Topics 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; foreign currency translation; equity accounting; decision making using consolidated reports; disclosure of financial information (particularly for company groups); segmented reporting; differential reporting; joint ventures; extractive industries; and business closures.

Assessment: Essay (2000 words): 20% + Mid-semester examination: 20% + Examination (3 hours): 60%