Financial Statements are one of the primary methods an organization uses to communicate financial information to stakeholders. The content and structure of financial statements is determined by regulations and professional standards including the International Financial Reporting Standards. A primary purpose of the unit is to understand the structure and information contained within financial reports. The effect, on financial reports, of various accounting estimates and judgements are explored as part of the unit. Both the appropriate and inappropriate use of accounting estimates is considered. The emphasis of the unit is on real world examples of financial reporting rather than technical accounting entries and rules.
Unit details and rules
Academic unit | Accounting |
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Credit points | 6 |
Prerequisites
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Students must meet the entry requirements for the Bachelor of Advanced Studies (Advanced Coursework), including completion of a pass undergraduate degree and a major in a business subject area (except Accounting). |
Corequisites
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None |
Prohibitions
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An Accounting major |
Assumed knowledge
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None |
Available to study abroad and exchange students | No |
Teaching staff
Coordinator | Mark Waddington, mark.waddington@sydney.edu.au |
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Lecturer(s) | Baljit Sidhu, baljit.sidhu@sydney.edu.au |