AFX5631

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

Leader: Dr Dot Cochrane

Offered:
Caulfield First semester 2006 (Day)
Caulfield First semester 2006 (Evening)
Caulfield SA-02 2006 (On-campus)
Hong Kong SA-02 2006 (Off-campus)
Caulfield Second semester 2006 (Day)
Caulfield Second semester 2006 (Evening)
Hong Kong Second semester 2006 (Off-campus)

Synopsis: Topics include the standard-setting and regulatory framework in Australia; the various authoritative pronouncements and guidelines emerging from the conceptual framework; accounting for foreign currency translation; long-term finance leases; goodwill and other intangibles; cash flow reporting; complex group structures involving trusts and joint ventures and the theoretical underpinnings of these topics.

Assessment: Class test (30 minutes): 10% + Research project (2500-3000 words): 30% + Examination (3 hours): 60%

Contact Hours: 3 hours per week

Prerequisites: AFX4601

Prohibitions: AFF9631