FINANCIAL ACCOUNTING 2

Course Code

AC 2528

Credit Points

15

Course Coordinator

Ms L Tibbetts

Pre-requisites

AC 1514

Overview

1. Introduction & overview


2. Types of business organisations


3. Regulation and governance of companies: ASB & IASB


4. Cash flow statements 1


5. Non-current assets


6. Liabilities


7. Provisions, contingent assets & liabilities


8. Accounting for groups, associates and foreign operations

Structure

1 two-hour lecture per week, 1 two-hour seminar per week.

Assessment

1st attempt: 1 two-hour examination (70%); In-course assessment 30% (20% weekly hand ins/presentations and 10% SAGE assignment). All students will be required to sit an in-course double entry book-keeping test. Failure to pass the test after three attempts will result in the withdrawal of their class certificate.

Formative Assessment

This will take place via seminar discussions and availability of a specimen exam with model answers.

Feedback

Written feedback is given on the seminar tests and individual assessments.

On a less formal basis, via verbal feedback during tutorial discussions.