Courses & Units

Contemporary Financial Accounting and Reporting BFA605

Introduction

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.

Summary

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

Availability

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

Key

: On-campus
: Off-Campus
: International students
: Domestic students

Note

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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.

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

Teaching Pattern	This unit is delivered through four x 3-hour workshops, with a 1-hour workshop in Week 1 as an orientation workshop.
Assessment	Peer evaluation letter (15%)\|Presentation (20%)\|Case study (25%)\|Exam (40%)
Timetable	View the lecture timetable \| View the full unit timetable

Textbooks

Required	Deegan, C. 2016, Financial Accounting, 8th edition, McGraw Hill, NSW. AND 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.
Recommended	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.
Links	Booktopia textbook finder

Required

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

AND

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.

Recommended

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.

Links

Booktopia textbook finder

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