Unit of Study
| Financial Accounting Concepts | ||
|---|---|---|
| UoS Code | ACCT1003 | |
| Credit points | 6 | |
| Offered | Semester 1 | |
| Prohibitions | ACCT1001, ACCT1002 | |
| 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. | |
| Additional Information | Terminating unit. | |
| This unit of study is available as part of the following major subject areas | ||
