| Financial Accounting Concepts | |
|---|---|
| UoS Code | ACCT1003 |
| Credit points | 6 |
| Offered | Semester 1 |
| Prerequisites | |
| Corequisites | |
| Prohibitions | ACCT1001, ACCT1002 |
| Assumed Knowledge | |
| Additional Information | Terminating unit. |
| Lectures | 3 hrs of lectures/tutorials per week |
| Assessment | Group assignments; Mid-semester examination; Final examination. |
| Description | Provides an introduction to the concepts underlying \"external\" accounting and is designed for students who are not majoring in accounting. The unit utilises a transaction-effect approach to the preparation of financial statements with basic bookkeeping minimalised. Accounting-method choices are analysed for their effect on the financial statements, and, thus, on decision-making. |
