This is a foundation unit for students intending to undertake an Accounting Major of the Bachelor of Business. This unit is compulsory for these students and is an important pre-requisite for second and third year units. Students 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|
|Coordinator||Mr Mustajab Ahmed Soomro|
|Available as student elective?||No|
|Delivered By||Third Party (UP Education)|
|Location||Study period||Attendance options||Available to|
|Hobart||Summer school (early)||On-Campus||International|
- 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.
|Study Period||Start date||Census date||WW date||End date|
|Summer school (early)||8/11/2021||1/1/2022||2/1/2022||20/2/2022|
* 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 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021.
- Explain fundamental principles of accrual accounting.
- Identify, record and report financial transactions.
- Explain and use internal control procedures
|Field of Education||Commencing Student Contribution 1||Grandfathered Student Contribution 1||Approved Pathway Course Student Contribution 2||Domestic Full Fee|
1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
3 Please refer here for eligibility for HECS-HELP
4 Please refer here for eligibility for FEE-HELP
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:BFA104
|Assessment||Mid Semester Quiz (15%)|Examination (60%)|Report (15%)|Weekly Reflections (10%)|
|Timetable||View the lecture timetable | View the full unit timetable|
Required readings will be listed in the unit outline prior to the start of classes.
|Links||Booktopia textbook finder|
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