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|
|College/School||College of Business & Economics
Tasmanian School of Business and Economics
|Coordinator||Associate Professor Rakesh Pandey|
|Available as an elective?||Yes|
|Delivered By||University of Tasmania|
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- 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
|Field of Education||Commencing Student Contribution 1||Grandfathered Student Contribution 1||Approved Pathway Course Student Contribution 2||Domestic Full Fee|
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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.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
2 hour fortnightly workshop starting in week 2.
|Assessment||Online quiz via Respondus (35%)|Invigilated Respondus Test (40%)|Team Video (25%)|
|Timetable||View the lecture timetable | View the full unit timetable|
You will need the following text:
Deegan, C. 2020, Financial Accounting, 9th edition, McGraw Hill, NSW.
|Links||Booktopia textbook finder|
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