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Intermediate Financial Accounting (ACCT20002)
Undergraduate level 2Points: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Summer Term
Jagjit Kaur jkaur@unimelb.edu.au
Semester 1
Jagjit Kaur jkaur@unimelb.edu.au
Semester 2
Jagjit Kaur jkaur@unimelb.edu.au
Overview
Availability | Summer Term Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
This subject focuses on more advanced external financial reporting obligations applicable to entities within the framework of the Australian reporting environment. In particular, it examines key technical Accounting Standards integral to the preparation of general purpose financial statements by reporting entities. It also considers the theories that help explain why financial accounting exists as well as what motivates and affects the judgements of managers when making financial accounting reporting decisions. Finally, it critically reviews important contemporary accounting issues affecting the business community under consideration by accounting standard setters.
Intended learning outcomes
- Identify and explain the theories that explain why financial accounting exists and the accounting choices made by managers
- Record and disclose transactions and events applying the provisions of key Accounting Standards
- Critically evaluate how well these standards appropriately incorporate the principles as outlined in the Conceptual Framework
- Identify and explain contemporary financial accounting reporting issues affecting the business community and being considered by standard setters
- Identify and explain financial reporting disclosure and presentation issues as part of an annual report
- Explain the implications for financial reporting arising from alternative accounting policy choice decisions faced by management
Generic skills
- High level of development: application of theory to practice; evaluation of data and other information.
- Moderate level of development: critical thinking; written communication; problem solving; interpretation and analysis; receptiveness to alternative ideas; synthesis of data and other information.
- Some level of development: oral communication; collaborative learning; team work.
Last updated: 11 April 2024
Eligibility and requirements
Prerequisites
Both of the following:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACCT10002 | Introductory Financial Accounting |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
ACCT10003 | Accounting Processes and Analysis |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Corequisites
ACCT10003 may also be taken concurrently with ACCT20002.
Non-allowed subjects
None
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 11 April 2024
Assessment
Additional details
- A 3-hour end-of-semester examination (70%)
- A one-hour mid-semester test (20%)
- Tutorial assessment (10%)
- To pass this subject students must pass the end of semester examination.
Last updated: 11 April 2024
Dates & times
- Summer Term
Principal coordinator Jagjit Kaur Mode of delivery On Campus (Parkville) Contact hours Semester 1 and Semester 2: One 2-hour lecture and one 1-hour tutorial per week; Summer semester: two 2-hour lectures and two 1-hour tutorials per week for six weeks. Total time commitment 170 hours Teaching period 3 January 2017 to 17 February 2017 Last self-enrol date 12 January 2017 Census date 13 January 2017 Last date to withdraw without fail 10 February 2017 Assessment period ends 25 February 2017 Summer Term contact information
Jagjit Kaur jkaur@unimelb.edu.au
- Semester 1
Principal coordinator Jagjit Kaur Mode of delivery On Campus (Parkville) Contact hours Semester 1 and Semester 2: One 2-hour lecture and one 1-hour tutorial per week; Summer semester: two 2-hour lectures and two 1-hour tutorials per week for six weeks. Total time commitment 170 hours Teaching period 27 February 2017 to 28 May 2017 Last self-enrol date 10 March 2017 Census date 31 March 2017 Last date to withdraw without fail 5 May 2017 Assessment period ends 23 June 2017 Semester 1 contact information
Jagjit Kaur jkaur@unimelb.edu.au
- Semester 2
Principal coordinator Jagjit Kaur Mode of delivery On Campus (Parkville) Contact hours Semester 1 and Semester 2: One 2-hour lecture and one 1-hour tutorial per week; Summer semester: two 2-hour lectures and two 1-hour tutorials per week for six weeks. Total time commitment 170 hours Teaching period 24 July 2017 to 22 October 2017 Last self-enrol date 4 August 2017 Census date 31 August 2017 Last date to withdraw without fail 22 September 2017 Assessment period ends 17 November 2017 Semester 2 contact information
Jagjit Kaur jkaur@unimelb.edu.au
Time commitment details
170 Hours
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Breadth options
This subject is available as breadth in the following courses:
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 11 April 2024