BUSN2029 Financial Reporting

2019

4.5

1 x 2-hour lecture weekly
1 x 1-hour tutorial weekly

1 of BUSN1002, BUSN1208

1 of BUSN2052, BUSN3019 has been successfully completed

A basic understanding of accounting and financial statements will be assumed. Some knowledge of introductory economics and quantitative methods will also be beneficial.

Bachelor of Commerce

This topic includes an overview of the nature of accounting regulation, including current national and international developments in financial reporting. The topic covers introduces accounting theory and the application of accounting theory, particularly in the context of the conceptual framework. It incorporates consideration of practical issues such as fair value measurement, the presentation of financial statements and accounting policies and disclosures.

In addtion, the topic aims to develop:

generic cognitive skills (especially analyticial and evaluative skills) behavioural skills (personal and interpersonal skills) which can be employed in organisational work enviroments.

Upon successful completion of this topic students will be able to:

Articulate various theories of accounting and the application of accounting theory in the context of the conceptual framework
Describe the reporting environment and regulation of financial accounting in Australia and internationally
Define the components of the accounting conceptual framework, its significance and limitations
Critically evaluate and apply a range of accounting standards.

Key dates and timetable

Timetable details for 2019 are no longer published.

This information is from current details held on the Student Information System. Please report any errors or omissions to the relevant College Office.