AFW1002

Introductory accounting B ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Dr Martin Samy

Offered:
Berwick First semester 2006 (Day)
Malaysia First semester 2006 (Day)
South Africa First semester 2006 (Day)
Malaysia SA-02 2006 (Day)
Peninsula SA-02 2006 (Day)
Berwick Second semester 2006 (Day)
Gippsland Second semester 2006 (Day)
Gippsland Second semester 2006 (OCL)
Hong Kong Second semester 2006 (OCL)
Malaysia Second semester 2006 (Day)
Peninsula Second semester 2006 (Day)
Singapore Second semester 2006 (OCL)
South Africa Second semester 2006 (Day)

Synopsis: An overview of historical cost accounting and a consideration of alternative accounting measurement systems; the time value of money; and the role of computers within an accounting information system. The definitions and recognition criteria of the conceptual framework will be considered on an issue basis for all of the elements (assets, liabilities, equity, revenue and expenses). Issues will arise in regard to the recognition of all elements. Accounting for business structures in a partnership and company form will be considered: as will the interpretation and analysis of financial information.

Assessment: Project assignments: 30% + Examination (3 hours): 70%

Contact Hours: 3 class hours per week

Prerequisites: AFW1001 or equivalent