Courses & Units

Advanced Financial Accounting BFA301

Hobart, Launceston

Note:

Introduction

This unit is a compulsory unit in the accounting major and expands the skill, knowledge and understanding students have gained in BFA201 Financial Accounting. It integrates the theory and practice of financial accounting in relation to combined business entities. Students will critically evaluate professional and ethical decision making while applying International Financial Reporting Standards to prepare consolidated accounts and group reports. The consideration of the issues and techniques in this unit enhances the skills students will need to perform effectively in the workplace as a financial accountant.

Summary

Unit name Advanced Financial Accounting
Unit code BFA301
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Accounting and Corporate Governance
Coordinator

Dr Belinda Williams

Teaching staff

Level Advanced
Available as student elective? Yes
Breadth Unit? No

Availability

Location Study period Attendance options Available to
Hobart Semester 2 On-Campus International Domestic
Launceston Semester 2 On-Campus International Domestic
Launceston Accelerated Study Period 2 On-Campus International Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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Key Dates

Study Period Start date Census date WW date End date
Semester 2 13/7/2020 10/8/2020 31/8/2020 18/10/2020
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.

About Census Dates

Learning Outcomes

  • LO1: Critically evaluate International Financial Reporting Standards (IFRS) for combined business entities.
  • LO2: Integrate theoretical and technical accounting knowledge, skills and competencies to prepare general purpose financial reports for combined business entities.
  • LO3: Communicate accounting information in a professional manner.

Fees

Domestic

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.

Requisites

Prerequisites

BFA201

Teaching

Teaching Pattern

1 x 2 hour lecture, 1 x 1 hour tutorial per week. Please check the unit outline for details.

Assessment

Test (20%), Case Study (20%), Final exam (60%).

TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Loftus, J, Leo, K, Daniliuc, S, Boys, N, Luke, B, Ang, HN, Byrnes, K (2018) Financial Reporting 2nd edn, John Wiley & Sons, Milton, Qld.

ALTERNATIVELY you may purchase an E-BOOK version of Loftus et al. (2018) from the publisher.   Go to Wiley Direct at http://www.wileydirect.com.au/buy/financial-reporting-2nd-edition/

NOTE: This latest edition of Loftus et al. (2018) has combined interactive online activities in the textbook (i.e. the E-Text with additional online resources). This rich digital resource brings financial reporting to life with media such as videos, case studies, interactives and revision materials embedded at the point of learning.

ELECTRONIC READING DEVICE: If you choose to purchase an e-book you will need to bring a copy with you to class on your preferred electronic reading device. The e-book will be available for you to download onto 4 different devices (e.g. smart phone, ipad, tablet, laptop, etc.) and any tags or highlights you use on one device will be automatically updated on the others.

Even if you purchase the print version of the textbook, it will be very useful to also bring with you an electronic device (with internet capabilities) to class, as there will be many times when you will need to download and access information.

Recommended

Co-op Bookshop links

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.