Financial Accounting A (ACCT2011)

UNIT OF STUDY

This unit examines the accounting and reporting practices of reporting entities, particularly listed public companies. Emphasis is placed on developing an understanding of, and the ability to critically evaluate, the various regulatory requirements (professional and statutory) governing financial reporting. The unit commences with an overview of the financial reporting environment and theories that seek to explain the accounting policy choices of management. This framework provides a basis for examining a range of specific issues in financial accounting. Emphasis throughout the unit is on both the application of specific accounting techniques/rules and the conceptual/theoretical issues associated with alternative accounting methods.

Our courses that offer this unit of study

Further unit of study information

Classes

1x2hr lecture and 1x1hr tutorial per week

Assessment

Group assignment (15%), mid-semester examination (35%) and final examination (50%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

(ACCT1001 or ACCT1005 or BUSS1030) and (ACCT1002 or ACCT1006) and (ECMT1010 or BUSS1020)

Prohibitions

ACCT2001

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.