units

ACW2491

Faculty of Business and Economics

18 September 2017 25 November 2024
Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

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

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Accounting
OfferedMalaysia First semester 2014 (Day)
Malaysia Second semester 2014 (Day)

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.

Outcomes

The learning goals associated with this unit are to:

  1. explain the nature and regulation of companies in Australia
  2. apply accounting standards and the framework in the preparation and presentation of financial statements for both single and consolidated entities
  3. demonstrate accounting knowledge in areas such as company operations, taxation, property, plant and equipment (acquisition and impairment), and group accounting
  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 ACW2491.

Assessment

Within semester assessment: 40%
Examination: 60%

Chief examiner(s)

Ms Norita Nasir

Workload requirements

3 hours per week

Prerequisites

Students must have passed two units from the following: AFW1000, ACW1000, ACG1000 or AFG1000, and AFW1002, ACW1002, ACG1002 or AFG1002 before undertaking this unit.

Prohibitions

AFC2120, ACC2120, AFF2491, ACF2491, AFG2491, ACG2491, AFW2491