School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Accounting II
  • Unit Code

    ACC2250
  • Year

    2024
  • Enrolment Period

    1
  • Version

    3
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Rashid ZAMAN

Description

This unit provides students with the technical skills to capture and analyse economic transactions, to analyse financial data and to prepare financial reports in a business and decision making context. A contemporary accounting software program is used to apply technical accounting principles and skills in a simulated business environment.

Prerequisite Rule

Students must have passed ACC1100

Learning Outcomes

On completion of this unit students should be able to:

  1. Capture economic transactions in an entity's accounting system.
  2. Report on the components of the balance sheet in a business and decision making context.
  3. Apply accrual accounting principles to prepare financial statements.
  4. Prepare simple financial statements.

Unit Content

  1. Accounting for receivables.
  2. The recording process in an accounting information system.
  3. Accounting for retailing and inventories.
  4. Accounting information systems.
  5. Accounting for liabilities.
  6. Accrual accounting concepts.
  7. Accounting for companies.
  8. Reporting and analysing inventory.
  9. Reporting and analysing cash and receivables.
  10. The use of financial statements as a tool for decision making.
  11. Recording economic transactions in an accounting system.
  12. Reporting and analysing non-current assets.
  13. Accounting for non-current assets.
  14. Reporting and analysing liabilities.
  15. Adjusting the financial accounts and preparing financial statements.
  16. Reporting and analysing equity.
  17. Accounting for partnerships.
  18. Statement of cash flows.
  19. Cash management, related controls and cash flows.
  20. Completing the accounting cycle - closing and reversing entries.
  21. Analysis of financial statements.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 19 x 2 hour seminarNot Offered9 x 2 hour seminar
Semester 29 x 2 hour seminarNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies

Additional Learning Experience Information

This unit adopts a technology enhanced learning [TEL] approach to a student-centred collaborative learning environment. A combination of lectures, tutorials and online engagement is adopted to assist in the enhancement of technical skills to analyse and capture economic transactions in accounting systems. Lectures and tutorials encourage active participation which is continued in the online learning environment outside of formal class time. Off-campus students follow a continuous study schedule outlined in the unit plan, utilising various online resources and communication tools accessed via LMS. Students are expected to participate actively online. Regular online access is required.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
ProjectApplied accounting30%
ExerciseOnline and Tutorial Engagement20%
ExaminationFinal Examination50%
ONLINE
TypeDescriptionValue
ProjectApplied accounting30%
ExerciseOnline and Tutorial Engagement20%
ExaminationFinal Examination50%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Assessment

Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

ACC2250|3|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Accounting II
  • Unit Code

    ACC2250
  • Year

    2024
  • Enrolment Period

    2
  • Version

    3
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Rashid ZAMAN

Description

This unit provides students with the technical skills to capture and analyse economic transactions, to analyse financial data and to prepare financial reports in a business and decision making context. A contemporary accounting software program is used to apply technical accounting principles and skills in a simulated business environment.

Prerequisite Rule

Students must have passed ACC1100

Learning Outcomes

On completion of this unit students should be able to:

  1. Capture economic transactions in an entity's accounting system.
  2. Report on the components of the balance sheet in a business and decision making context.
  3. Apply accrual accounting principles to prepare financial statements.
  4. Prepare simple financial statements.

Unit Content

  1. The recording process in an accounting information system.
  2. Presentation of financial statements.
  3. Accrual accounting concepts.
  4. Reporting and analysing inventory.
  5. Reporting and analysing cash and receivables.
  6. Reporting and analysing non-current assets.
  7. Reporting and analysing liabilities.
  8. Reporting and analysing equity.
  9. Statement of cash flows.
  10. Accounting for partnerships.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 19 x 2 hour seminarNot Offered9 x 2 hour seminar
Semester 29 x 2 hour seminarNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
ExerciseExercise20%
AssignmentAssignment30%
ExaminationFinal Examination50%
ONLINE
TypeDescriptionValue
ExerciseExercise20%
AssignmentAssignment30%
ExaminationFinal Examination50%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Assessment

Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

ACC2250|3|2