Offered

Gippsland First semester 2008 (Off-campus)
Gippsland Second semester 2008 (Off-campus)

Synopsis

Issues include the influences on the nature and objectives of corporate financial accounting, profit determination and distribution, the reorganisation of share capital, the balance sheet and income and cash flow statements, tax effect accounting, accounting for the acquisition, revaluation and impairment of assets, accounting for consolidations, including inter-company transactions and outside equity interests.

Objectives

The learning goals associated with this unit are to:

• develop a thorough knowledge of the content of the reports of publicly listed companies and be able to prepare such reports and regulations of the various regulatory bodies
• develop an understanding of the nature of the inter corporate reporting, its principles and concepts in respect of public companies and one or more fully and/or partly owned subsidiary companies
• demonstrate competence in business communications through written assessment in this unit
• develop an ability to work independently and to participate in group discussions with participants from diverse backgrounds.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Prerequisites

AFG9071