Monash University Handbook 2011 Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

The current Australian reporting and regulatory framework applicable to reporting entities including an analysis of significant accounting standards, professional reporting requirements and legal and stock exchange requirements. Accounting for corporate groups and issues in financial reporting are also explored.

Objectives

The learning goals associated with this unit are to:

1. explain the content of the reports of publicly listed companies, and regulations of the various regulatory bodies
2. critically examine current issues and disclosure requirements in financial reporting
3. prepare financial reports for single and consolidated entities
4. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with company reporting and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFF2491.

Assessment

Within semester assessment: 40%
Examination (3 hours): 60%

Chief examiner(s)

Wen Qu

Contact hours

3 hours per week

Prerequisites

Students must have passed AFF1000 and AFF1121 before undertaking this unit

Prohibitions

AFC2120, AFG2491, AFW2491