Hobart, Launceston, Cradle Coast
Welcome to this foundation unit for students intending to undertake an Accounting Major in the Bachelor of Business. This unit is compulsory and is an important pre-requisite for second and third year units. You will consider the fundamental principles that underpin accrual accounting and financial reporting including how and why financial transactions are recorded as they are. The elements of the accounting cycle and techniques of measurement, recording and reporting for decision makers are also considered.
|Unit name||Accounting Context and Method|
|Faculty/School||College of Business & Economics
Tasmanian School of Business and Economics
|Discipline||Accounting and Corporate Governance|
|Available as student elective?||Yes|
|Location||Study period||Attendance options||Available to|
|Launceston||Accelerated Study Period 2||On-Campus||International||Domestic|
|Cradle Coast||Semester 2||On-Campus||International||Domestic|
- International students
- Domestic students
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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
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|Study Period||Start date||Census date||WW date||End date|
|Accelerated Study Period 2||25/5/2020||12/6/2020||9/7/2020||22/8/2020|
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.
- LO1: Explain fundamental principles of accrual accounting.
- LO2: Identify, record and report financial transactions.
- LO3: Explain and use internal control procedures.
|Band||CSP Student Contribution||Full Fee Paying (domestic)||Field of Education|
|3||2020: $1,394.00||2020: $2,702.00||080101|
Fees for next year will be published in October. The fees above only apply for the year shown.
Please note: international students should refer to this page to get an indicative course cost.
You cannot enrol in this unit as well as the following:
Class Test (15%), Portfolio (10%), Report (15%), Final exam (60%).
|Timetable||View the lecture timetable | View the full unit timetable|
You will need the following text: Hoggett J, Medlin J, Chalmers, K, Beattie C, Hellmann A, and Maxfield J, 2018, Accounting, 10th Edition. Wiley & Sons
You will also need to have access to Excel software in order to complete the assignment for the unit.
Co-op Bookshop links
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.