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 explores the regulation of financial reporting, the role of participants in the financial reporting framework (financial report constructors, users and regulators) and the preparation of financial reports. The topics include when to recognise assets, liabilities, revenue and expenses and how to apply various measurement methods.

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
Outcomes

Students are able to (1) identify and apply select accounting standards and understand the theories, practices and regulation related to the preparation and presentation of financial reports; (2) critically evaluate and solve advanced accounting problems as an individual and in a team environment; (3) ability to conduct research into accounting issues; (4) demonstrate an ability to work in a diverse team to achieve team goals; (5) reflect on performance feedback to identify and action learning opportunities and self-improvements; (6) demonstrate the ability to produce clear and concise written communication in a complex accounting context to accountants and non-accountants; and (7) gain insights into the use of information and communication technology in accounting.

Assessment

Indicative assessments in this unit are as follows: (1) seminar tests; (2) research assignment; and (3) final exam. Further information is available in the unit outline.



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

Unit Coordinator(s)
Lyndie Bayne (Semester 1) and David Gilchrist (Semester 2)
Unit rules
Prerequisites
ACCT5432 Introductory Financial Accounting.
and ACCT5511 Intermediate Corporate Financial Accounting
Contact hours
lectures/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.
  • Visit the Essential Textbooks website to see if any textbooks are required for this Unit. The website is updated regularly so content may change. Students are recommended to purchase Essential Textbooks, but a limited number of copies of all Essential Textbooks are held in the Library in print, and as an ebook where possible. Recommended readings for the unit can be accessed in Unit Readings directly through the Learning Management System (LMS).
  • 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.