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AFW1002 - Introductory accounting B

6 points, SCA Band 2, 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Leader: Ms Ellinor Allen


Berwick First semester 2007 (Day)
Berwick Second semester 2007 (Day)
Gippsland First semester 2007 (Off-campus)
Gippsland Second semester 2007 (Day)
Gippsland Second semester 2007 (Off-campus)
Hong Kong Second semester 2007 (Off-campus)
Malaysia First semester 2007 (Day)
Malaysia Second semester 2007 (Day)
Malaysia Summer semester A 2007 (Day)
Peninsula Second semester 2007 (Day)
Singapore First semester 2007 (Off-campus)
Singapore Second semester 2007 (Off-campus)
South Africa First semester 2007 (Day)
South Africa Second semester 2007 (Day)


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.


The learning objectives of this unit are to:


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

Contact hours

3 class hours per week


AFW1001 or equivalent