Courses & Units

Financial Accounting and Reporting BFA203


This unit aims to expand students’ understanding of holistic accounting gained in their previous core accounting units, to develop and apply their accounting knowledge, skills and terminology in the context of broader notion of accounting that includes accountability and social and environmental accounting. In particular, students are introduced to a number of accounting standards, their broader applications, professional reporting requirements and changes taking place within the accounting environment, particularly with regard to International Financial Reporting Standards (IFRS), sustainability reporting, integrated reporting and integrated thinking. The consideration of the issues, activities and techniques in this unit will enhance the professional and technical skills students will need to perform effectively in the workplace as an accountant.


Unit name Financial Accounting and Reporting
Unit code BFA203
Credit points 12.5
College/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Accounting
Coordinator Associate Professor Rakesh Pandey
Available as an elective? Yes
Delivered By University of Tasmania


Location Study period Attendance options Available to
Hobart Semester 1 On-Campus International Domestic
Launceston Accelerated Study Period 1 On-Campus International Domestic
Cradle Coast Accelerated Study Period 1 On-Campus International Domestic
Online Semester 1 Off-Campus International Domestic
Online Accelerated Study Period 1 Off-Campus International Domestic


International students
Domestic students

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Key Dates

Study Period Start date Census date WW date End date
Semester 1 26/2/2024 22/3/2024 15/4/2024 2/6/2024
Accelerated Study Period 1 5/2/2024 28/2/2024 21/3/2024 5/5/2024

* 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 (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

  • Apply relevant accounting standards to events and transactions and prepare financial statements, including consolidated financial statements
  • Critically evaluate financial and non-financial disclosures such as sustainability reports published by organisations by utilising accounting theories
  • Apply critical thinking, research and problem-solving skills to identify and solve problems and communicate recommendations using clear and concise language
  • Demonstrate collaboration, cooperation and teamwork when solving problems and making decisions

Fee Information

Field of Education Commencing Student Contribution 1,3 Grandfathered Student Contribution 1,3 Approved Pathway Course Student Contribution 2,3 Domestic Full Fee 4
080101 $2,040.00 $1,597.00 not applicable $2,979.00

1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.

If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.


Teaching Pattern

2 hour fortnightly workshop starting in week 2.

AssessmentTeam Video (25%)|Online quiz via Respondus (35%)|Invigilated Respondus Test (40%)
TimetableView the lecture timetable | View the full unit timetable



You will need the following text:

Deegan, C. 2020, Financial Accounting, 9th edition, McGraw Hill, NSW.

LinksBooktopia textbook finder

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