Accounting Futures unit (BFA392)

Introduction

Organisations expect graduate accountants to be able to consolidate their technical knowledge and apply it to a range of business contexts which are often ambiguous and changing. Accountants and finance professionals are increasingly involved in cross disciplinary teams which requires a high level of business acumen to relate accounting and financial information to the whole business and real-world contexts. In this unit, you will have the opportunity to demonstrate the consolidation of knowledge gained throughout your degree to solve problems, make judgements, and communicate recommendations.

Further, the unit will give you an understanding of the historical and contemporary issues that have influenced the development of accounting practice, accounting regulation and accounting theory. This will also give you a foundation for understanding the rationale for current accounting policies and practices, and the directions in which accounting policies are likely to develop in the future.

Summary

Unit name	Accounting Futures
Unit code	BFA392
Credit points	12.5
College/School	Tasmanian School of Business and Economics
Discipline	Accounting
Coordinator	Mrs Ashley Amore
Available as an elective?	Yes
Delivered By	University of Tasmania
Level	Advanced

Availability

Specific information on 2027 unit availability will be available in August

Learning Outcomes

• Analyse business information to make accountability and accounting recommendations.
• Formulate relevant responses to business situations and contexts.
• Demonstrate communication skills suitable to a professional audience, individually and in teams.
• Apply accounting theory to emerging accounting issues and directions.

Fee Information

2027 fee information will be available in August.

Requisites

Prerequisites

BFA203

Teaching

Assessment	Understanding accounting theory (20%)|Applying Accounting Theory (40%)|Project based on industry provided case studies (40%)
Timetable	View the lecture timetable | View the full unit timetable

Textbooks

Required	Deegan C. 2023. Financial Accounting Theory 5th ed. CENGAGE (Hard and electronic copies available).

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