Monash University Handbooks 2008

AFC1021 - Accounting principles

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Leader: Mr John Gerrand

Offered

Clayton First semester 2008 (Day)

Synopsis

A conceptual framework for financial reporting; basic accounting procedures including transaction recording in journals and ledgers; balance day adjustments; methods of ensuring efficiency and control within the accounting information system; preparation of financial statements; the nature and preparation of cash flow statements; analysis and interpretation of short-term financial position.

Objectives

The learning objectives of this unit are to:

Assessment

Within semester assessment: 35%
Examination (3 hours): 65%

Contact hours

Two 1-hour lectures and one 1.5-hour tutorial per week

Prohibitions

AFC1022, AFF1110, AFW1001

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