AFC3120

Advanced financial accounting ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Associate Professor Alan Ramsay

Offered:
Clayton First semester 2005 (Day)

Synopsis: Topics include accounting standard-setting arrangements; the conceptual framework for financial reporting; the form and content of financial statements; income tax allocation; intangibles; off-balance sheet financing including leasing; superannuation plans; general insurance; employee benefits; financial instruments and emerging issues in financial reporting.

Assessment: Two mid-semester tests (1.25 hours): 20% + Practical work + Examination (3 hours): 80%

Contact Hours: Two 1-hour lectures and one 1-hour tutorial per week

Prerequisites: AFC2120