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Financial Accounting and Reporting unit (BFA203)

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Unit year 2026

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2027 Unit information is now available. View 2027 unit information

Location: Hobart, Launceston, Online

Introduction

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). 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.

Summary

Unit name Financial Accounting and Reporting
Unit code BFA203
Credit points 12.5
College/School Tasmanian School of Business and Economics
Discipline Accounting
Coordinator Doctor Amrinder Khosa
Available as an elective? Yes
Delivered By University of Tasmania
Level Intermediate

Availability

Location Study period Attendance options Available to
Hobart Semester 1 This unit is available through on-campus delivery Available to International Students Available to Domestic Students
Launceston Semester 1 This unit is available through on-campus delivery Available to International Students Available to Domestic Students
Online Semester 1 This unit is available through off-campus delivery Available to International Students Available to Domestic Students
  • Key:
  • This unit is available through on-campus delivery On-campus
  • This unit is available through off-campus delivery Off-Campus
  • Available to International Students International students
  • Available to Domestic 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 1 22/2/2026 16/3/2026 19/4/2026 13/6/2026

* 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 2026 are indicative and subject to change. Finalised census dates for 2026 will be available from the 1st October 2025. 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
  • Critically evaluate financial and non-financial disclosures published by organisations
  • Apply critical thinking, research and problem-solving skills to identify, analyse and solve problems
  • Communicate recommendations clearly and concisely to a wide range of stakeholders

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 $2,174.00 $1,703.00 not applicable $3,284.00
  • Available as a Commonwealth Supported Place
  • HECS-HELP is available on this unit, depending on your eligibility3
  • FEE-HELP is available on this unit, depending on your eligibility4

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 UniConnect 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.

Requisites

Prerequisites

BFA109 or BFA104

Teaching

Teaching Pattern

1 hour weekly workshop starting in week 1.

AssessmentTeam Video (25%)|Mid Semester Exam (35%)|Final Exam (40%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

You will need the following text:

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

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