This unit of study extends understanding of accounting concepts and their application to the corporate form of ownership. This unit takes a critical approach to accepted corporate reporting practices and current developments in accounting and financial regulation for corporations and further develops professional practice through concepts such as accounting for the issue and reorganisation of share capital; inter company investments; specific corporate financial accounting practices, including accounting for company income tax; impairment and revaluation of assets; intangible assets. The unit also explores current financial reporting issues as relevant to contemporary multinational businesses.

Unit details

Study level:
Postgraduate
Credit points:
12
Unit code:
BAO5525

Prerequisites

BAO5543 - Accounting Systems and Processes

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Deconstruct business problems by interrogating a range of data including analysing and interpreting quantitative economic and financial and business data;  
  2. Justify the most suitable accounting model for a given organisation/context;  
  3. Analyse complex business models;  
  4. Interpret findings through quantitative analysis; and  
  5. Advocate the findings effectively to business and to broader audiences.  

Assessment

Assessment type Description Grade
Test Mid Semester Test 30%
Assignment Consolidation Assignment 20%
Examination Final Exam 50%
The above assessments have a total equivalent word count of 7000 to 8000 words.

Required reading

Financial accounting (8th ed.)
Deegan, C. (2016).
Australia: McGraw-Hill.

Where to next?

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