Studying online

There are now 3 possible online modes for units:

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

Units available in Online Restricted mode have been adapted for online study only for those students who require the unit to complete their studies and who are unable to attend campus due to COVID border closures. To be enrolled in a unit in Online Restricted mode, students should contact their Student Advising Office through askUWA and include which of the below criteria applies:

  • You are a student who is currently offshore and unable to enter Australia.
  • You are a student in Australia who is impacted by state or regional border closures.

Click on an offering mode for more details.

ACCT5432 Introductory Financial Accounting

6 points
(see Timetable)
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
Semester 2OnlineOnline Restricted
Semester 1OnlineOnline flexible
This unit provides an understanding of accounting concepts, issues and problems. The focus is on accounting for external users. It also examines the basic concepts underlying external general purpose financial reports as well as techniques to analyse such reports. The unit initially uses a worksheet approach but then introduces debits and credits and the use of journals and ledger accounts to record the accounting cycle.
Students are able to (1) identify and justify the treatment of financial reporting transactions and demonstrate the ability to prepare accounting records and transactions that require judgement; (2) identify the concepts in relation to, and be aware of, the major requirements impacting upon the preparation of conventional financial statements; (3) critically apply theoretical and technical accounting knowledge in order to analyse and interpret information presented in financial statements (with particular emphasis on using ratio analysis and cash flow analysis); (4) develop competencies to work effectively in teams to resolve accounting issues; and (5) demonstrate the ability to produce clear and concise written communication in a complex accounting context.
Indicative assessments in this unit are as follows: (1) participation; (2) practical assessment; and (3) final examination. Further information is available in the unit outline.

To pass this unit, a student must: (a) achieve an overall mark of 50 per cent or higher for the unit; and (b) achieve the requisite requirements(s) or a mark of 50 per cent or greater, whichever is higher and specified in the unit outline, for the final examination component.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Assistant Professor Leo Langa (Semester 1), Ms Nikki Schonfeldt (Semester 1 Online) and (Semester 2)
Unit rules
ACCT1101 Financial Accounting, ACCT5602 Accounting
Contact hours
lectures/seminars/workshops: up to 3 hours per week
Unit Outline
Semester 1_2020_ONLINE [SEM-1_2020_ONLINE]
  • 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.