Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

Click on an offering mode for more details.

Unit Overview

Description

This unit follows on from, and builds on, the material presented in ACCT2201 Corporate Accounting. The main areas covered include the regulation of companies; the role of accounting; cash flow statements; segment reporting; intangible assets; asset impairment; contingent liabilities; financial instruments; joint ventures; foreign currency translation investments in associates; and advanced consolidations.

Credit
6 points
Details for undergraduate courses
  • Level 3 elective
Outcomes

Students are able to (1) interpret and apply the specific requirements of a range of Australian Accounting Standards; (2) critically evaluate the appropriateness of accounting requirements under Australian Generally Accepted Accounting Principles (GAAP); (3) critically evaluate current issues in the field of corporate financial reporting; (4) prepare general purpose financial statements for Australian reporting entities, particularly those listed on the Australian Securities Exchange (ASX); and (5) justify and communicate accounting advice and ideas in writing in straightforward contexts involving both accountants and non-accountants.

Assessment

Indicative assessments in this unit are as follows: (1) tutorial participation; (2) assignment; and (3) examinations. Further information is available in the unit outline.



Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit rules
Prerequisites
ACCT2201 Corporate Accounting
Incompatibility
ACCT2202 Advanced Corporate Accounting
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.
  • Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.