AFW3050

Financial accounting issues ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Dr Mahendra Goyal

Offered:
Berwick First semester 2006 (Day)
Gippsland First semester 2006 (Day)
Gippsland First semester 2006 (OCL)
Hong Kong First semester 2006 (OCL)
Malaysia First semester 2006 (Day)
Peninsula First semester 2006 (Day)
Singapore First semester 2006 (OCL)
Malaysia Second semester 2006 (Day)

Synopsis: To provide students with an advanced understanding of various corporate accounting issues in accordance with the Australian accounting standards and statutory requirements. Financial accounting issues are: institutional setting and the conceptual framework; accounting for leases; accounting for employee benefits; accounting for financial instruments; segment reporting; accounting for EPS; accounting for extractive industries; accounting for self generating and regenerating assets; financial reporting in the public sector; international accounting standards and harmonisation; foreign currency translation; and social and environmental reporting.

Assessment: Tutorial: 5% + Assignments: 35% + Examination: 60% OCL: Assignments: 40% + Examination: 60%

Contact Hours: 3 hours per week

Prerequisites: AFW2491