Courses & Units

Contemporary Financial Accounting and Reporting BFA605


Your understanding will be extended to develop your accounting knowledge and skills in the context of more complex financial and corporate accounting issues. The unit covers an understanding of how financial transactions are recorded and reported for different entities, including companies and groups as well as the theoretical issues and concepts involved in the preparation and presentation of General Purpose Financial Statements.


Unit name Contemporary Financial Accounting and Reporting
Unit code BFA605
Credit points 12.5
College/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Accounting
Coordinator Doctor Steven Burch
Delivered By University of Tasmania
Level Postgraduate


Location Study period Attendance options Available to
Hobart Semester 1 On-Campus International Domestic
Hobart Semester 2 On-Campus International Domestic
Launceston Semester 2 On-Campus International Domestic
Online Semester 1 Off-Campus International Domestic
Online Semester 2 Off-Campus International Domestic


International students
Domestic students

Please check that your computer meets the minimum System Requirements if you are attending via Distance/Off-Campus.

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.

Key Dates

Study Period Start date Census date WW date End date
Semester 2 22/7/2024 16/8/2024 9/9/2024 27/10/2024
Semester 1 26/2/2024 22/3/2024 15/4/2024 2/6/2024

* 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

  • Integrate contemporary technical and theoretical accounting knowledge in business reporting
  • Recommend solutions to diverse audiences using accounting principles and standards in contemporary business
  • Audit peer accounting documentation submissions to provide meaningful opportunities for improvement

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

This unit is delivered through four x 3-hour workshops, with a 1-hour workshop in Week 1 as an orientation workshop.

AssessmentPeer evaluation letter (15%)|Presentation (20%)|Case study (25%)|Exam (40%)
TimetableView the lecture timetable | View the full unit timetable



Deegan, C. 2016, Financial Accounting, 8th edition, McGraw Hill, NSW.


Accounting Standards:

CA 2017 or 2018 Financial Reporting Handbook, John Wiley & Sons, Milton, Qld.

If you are not able to purchase your own copy of the standards you can access them at the Australian Accounting Standards Board.

NOTE: The above resources are essential for your studies in this unit. Please do not seek advice from your lecturer/tutor as to whether or not you should aquire the required reading materials. Students choosing to use older editions of the above materials do so at their own risk.  

  • Leo, K., Knapp, J., McGowan, S. & Sweeting, J. 2014, Company Accounting, 10th edition, John Wiley & Sons, Milton, Qld
  • Loftus, J., Leo, K., Picker, R., Wise, V. & Clark, K. 2013, Understanding Australian Accounting Standards, John Wiley & Sons, Milton, Qld.
  • Picker, R., Leo, K., Loftus, J., Wise, V., Clark, K., & Alfredson, K. 2012, Applying International Financial Reporting Standards, 3rd edition, John Wiley & Sons, Milton, Qld.
LinksBooktopia textbook finder

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