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Applied Accounting Systems unit (BFA109)

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Unit year 2027

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Introduction

Welcome to this foundation unit for students intending to undertake an Accounting Major in the Bachelor of Business. This unit is compulsory and is an important pre-requisite for second and third-year units.

In this unit you will consider the fundamental principles that underpin financial accounting and accountability; the regulatory environment under which financial accounting is practiced; and how and why financial transactions are recorded as they are. 

The techniques of recognition, measurement, recording and reporting for informed decision making are also considered.  This unit introduces you to accounting information systems and accounting software. 

Summary

Unit name Applied Accounting Systems
Unit code BFA109
Credit points 12.5
College/School Tasmanian School of Business and Economics
Discipline Accounting
Coordinator Mr Jason Ketchell
Available as an elective? Yes
Delivered By University of Tasmania
Level Introductory

Sustainable Development Goals

The Unit Coordinator has identified that this unit aligns with the following UN Sustainable Development Goals. We welcome your thoughts and feedback on the alignment of the unit with these goals.

Availability

Specific information on 2027 unit availability will be available in August

Learning Outcomes

  • Explain financial accounting principles to make informed decisions.
  • Explain the regulatory environment under which financial accounting is practiced.
  • Identify, record and report financial transactions in accordance with Australian Accounting Standards.
  • Communicate financial accounting and accountability information to various stakeholders using language and standards expected of business professionals

Fee Information

2027 fee information will be available in August.

Requisites

Mutual Exclusions

You cannot enrol in this unit as well as the following:

XPD107

Teaching

AssessmentOnline Test (20%)|Case Study (40%)|Exam (40%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Hoggett J, Medlin J, Chalmers, K, Beattie, C, Hellmann A, Maxfield J, and Edwards, L, 2024, Accounting, 12th Edition, Wiley & Sons, Brisbane, QLD. 

 

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