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Accounting IA
UoS Code ACCT1001
Credit points 6
Offered Semester 1 and Semester 2
Prerequisites
Corequisites
Prohibitions ACCT1003, ACCT1004
Assumed Knowledge HSC Mathematics
Additional Information
Lectures 3 hrs of lectures/tutorials per week
Assessment Mid-semester examination; Tutorial quizzes and assignments; Practice Set; Final examination
Description Accounting 1A introduces students to the fundamentals of accounting and the double entry system of financial recording. Students examine the assumptions underlying the preparation of financial statements for external users and gain the skills necessary to prepare, interpret and analyse financial statements. In doing so students develop their ability to understand, discuss, analyse and write about accounting-related topics. This unit is designed as an introduction to accounting. As such, no prior knowledge of accounting is assumed.