精东传媒app

Accounting professionals work in many areas of business and industry. In this course we will focus primarily on companies listed on the Australia Stock Exchange. Listed companies have specific accounting and corporate legislation that they must comply with. The purpose of this course is to engage students in the process of thinking constructively and logically about some of the more complex accounting and reporting issues faced by reporting entities. This course builds on the broad knowledge of accounting and the accounting cycle and systems gained in earlier accounting courses and has a strong focus on the preparation and analysis of financial statements and provides pre-requisite knowledge for advanced study in accounting.

The course will expand the student鈥檚 body of knowledge in business reporting, the analysis of business reports and contribute to the development of the essential professional accounting skills such as teamwork.

In this course, students will study various sources of authority as they relate to the recording transactions and events and the preparation of financial statements and business reports. Students will investigate a number of specific accounting standards and generally accepted accounting principles (GAAP) in this course; topics include accounting for assets (e.g. financial assets, property, plant and equipment and leased assets), liabilities (provisions, debentures and leases), equity accounts for companies (share capital and reserves) and income, revenue and expense (e.g. recognition and measurement). Students will prepare and analyse financial statements for reporting entities (statement of financial position, statement of profit and loss and other comprehensive income, statement of changes in equity, statement of cash flows), record journal entries for complex business transactions and events and complete a business report.

On successful completion of this course students should be able to:

1. discuss a wide variety of business reporting requirements (incl. accounting standards, concepts, principles and processes, ASX listing requirements, and business related legislation and regulations);
2. think constructively and logically about intermediate level financial accounting and business reporting issues and problems;
3. apply financial accounting and business reporting knowledge and technical and analytical skills to resolve problems and make recommendations;
4. provide written communication that clearly and concisely presents financial accounting information and business reports (or components);
5. work autonomously and collaboratively to develop essential professional accounting skills such as teamwork.