ACB2491 - Company reporting - 2019

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Accounting

Chief examiner(s)

Dr Lisa Powell

Coordinator(s)

Dr Lisa Powell

Unit guides

Offered

Peninsula

  • First semester 2019 (On-campus)

Prerequisites

ACB1100 or equivalent.

Co-requisites

Students must be enrolled in course B2007.

Synopsis

This unit examines 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 ACB2491.

Assessment

Within semester assessment: 50% + Examination: 50%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information