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AFC1022 - Accounting principles

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Offered

Clayton First semester 2008 (Day)
Clayton Second semester 2008 (Day)

Synopsis

As for AFC1021.

Objectives

The learning objectives of this unit are to:

  • describe the elements of financial reports;
  • apply double entry recording and prepare financial reports for service and trading firms;
  • describe internal control procedures;
  • analyse and interpret financial information and explain its use for decision making;
  • apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with introductory accounting.

Assessment

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

Contact hours

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

Prohibitions

AFC1021, AFF1110, AFW1001

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