Online Class test

Assessment Type: Quiz/Test Indicative Time on Task: 24 hours

Due: Wednesday 3/1/2024 Weighting: 20%

The online class test is designed to give feedback to students' understanding of key topics and concepts covered and to identify any particular learning challenges or areas of difficulty prior to the final examination.

On successful completion you will be able to:

• Identity and describe the role of accounting in organizational governance and stewardship, and in discharging accountability to stakeholders.
• Apply skills in processing accounting information and explain classifications and/or treatments to essential accounting processes and the use of accounting software.
• Explain the regulatory accounting environment and its impact for the accounting profession.

 

Business Report

Assessment Type: Practice-based task Indicative Time on Task: 20 hours Due: Report: Saturday 6/1/2024; Presentation: Monday 8/1/2024 Weighting: 15%

During the session students are required to prepare a business report that analyses a company’s reporting of specific accounting transactions and corporate governance.

On successful completion you will be able to:

• Identity and describe the role of accounting in organisational governance and stewardship, and in discharging accountability to stakeholders.
• Apply skills in processing accounting information and explain classifications and/or treatments to essential accounting processes and the use of accounting software.
• Analyse financial statements and integrate knowledge and skills to solve business problems including working capital.
• Prepare financial statements, and provide advice on routine accounting issues from appropriate regulatory and/or governance perspectives.

 

MYOB Assignment

Assessment Type: Quantitative analysis task Indicative Time on Task: 15 hours

Due: Sunday 14/1/2024 Weighting: 10%

During the session students are required to undertake an accounting task using the MYOB accounting software

On successful completion you will be able to:

• Apply skills in processing accounting information and explain classifications and/or treatments to essential accounting processes and the use of accounting software.
• Analyse financial statements and integrate knowledge and skills to solve business problems including working capital.
• Prepare financial statements, and provide advice on routine accounting issues from appropriate regulatory and/or governance perspectives.

 

Final Examination

Assessment Type: Examination Indicative Time on Task: 30 hours Due: Exam period

Weighting: 55%

A two-hour online examination (open book) will be held during the University Examination period.

On successful completion you will be able to:

• Identity and describe the role of accounting in organisational governance and stewardship, and in discharging accountability to stakeholders.
• Apply skills in processing accounting information and explain classifications and/or treatments to essential accounting processes and the use of accounting software.
• Analyse financial statements and integrate knowledge and skills to solve business problems including working capital.
• Explain the regulatory accounting environment and its impact for the accounting profession.
• Prepare financial statements, and provide advice on routine accounting issues from appropriate regulatory and/or governance perspectives.

Prescribed text: Carlon, S., McAlpine-Mladenovic, R., Palm, C., Mitrione, L., Kirk, N. and Wong, L.(2022) 'Accounting: Reporting, Analysis and Decision Making (7th edition)', Wiley, QLD, Australia. • Access to the textbook is essential for lecture references and for tutorial questions. All chapter references in the unit schedule refer to the prescribed textbook unless otherwise indicated. • The recommended textbook is an E-TEXT with interactive features. The E-TEXT can be purchased online at https://www.wileydirect.com.au/buy/accounting-reporting-analysis-an d-decision-making/ or via booktopia at the beginning of the session. • As an alternative to the recommended E-TEXT, the hard copy of the textbook can be purchased from both sources. Limited copies of the textbook are available at the University library.

 

Recommended additional materials: • Solomon, L (2013) ‘Corporate governance and accountability’, Wiley, Chichester, United Kingdom. (CHAPTER 1 only). • Hoggett, J. Edwards, L. Medlin, J. Chalmers, K. Hellmann, A., Beattie, C., Maxfield, J. (2015) 'Accounting' Wiley, QLD, Australia. (CHAPTER 15 only).