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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.
Please note that given the circumstances of COVID-19, there may be some modifications to the assessment schedule promoted in Handbook for Semester 1 2020 Units. Students will be notified of all approved modifications by Unit Coordinators via email and Unit Blackboard sites. Where changes have been made, these are designed to ensure that you still meet the unit learning outcomes in the context of our adjusted teaching and learning arrangements.
This unit provides graduates of other disciplines with an introduction to accounting and lays the foundation for further accounting units. Students will gain an understanding of the fundamental accounting concepts and principles and apply them to prepare and interpret financial statements. The unit focuses on developing the technical skills to account for sole proprietorship, partnership, and corporate forms of business entities at an introductory level.
On completion of this unit students should be able to:
Students will attend on campus classes as well as engage in learning activities through ECU Blackboard.
| Joondalup | Mount Lawley | South West (Bunbury) | |
|---|---|---|---|
| Semester 1 | 13 x 2 hour seminar | Not Offered | Not Offered |
| Semester 2 | 13 x 2 hour seminar | Not Offered | Not Offered |
For more information see the Semester Timetable
Students will engage in learning experiences through ECU Blackboard as well as additional ECU learning technologies.
On-campus students are expected to participate actively in weekly seminars and tutorials and access online materials regularly through Blackboard. Critical thinking and problem solving skills are developed when students apply accounting concepts and techniques to work examples. Communication and technological skills of students are enhanced through completing a group assignment in the unit. The assignment provides students with authentic working experience through simulated accounting roles. It requires students to work collaboratively in small groups to prepare a company's financial statements using computerised accounting software system. Students are expected to apply appropriate accounting concepts and knowledge to analyse and interpret results from the financial statements. Students will provide recommendations for business improvement based on their analysis of the company's business performance by preparing a formal business report. Students are required to prepare an independent self-reflective evaluation report on the process of planning and completing the assignment. Practitioners are invited as guest lecturers to provide students with updates about the accounting profession. Students studying the unit using an online mode work through a study program with resources provided online via Blackboard. Students are required to review learning materials each week and to complete assigned questions on each topic. Regular online access is required. The assignment aims to equip students with good problem solving and critical thinking skills when they apply accounting concepts and knowledge to analyse financial reports. Students are expected to demonstrate clarity of communication and analytical skills in the preparation of a written report and a self-reflective evaluation report for the assignment.
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 Board of Examiners.
| Type | Description | Value |
|---|---|---|
| Participation | Participation | 10% |
| Test | Progression Test | 15% |
| Assignment | Practice set & reporting using computerised accounting system * | 25% |
| Examination ^ | Final Examination | 50% |
| Type | Description | Value |
|---|---|---|
| Participation | Participation | 10% |
| Test | Progression Test | 15% |
| Assignment | Practice set & reporting using computerised accounting system * | 25% |
| Examination ^ | Final Examination | 50% |
^ Mandatory to Pass
* Assessment item identified for English language proficiency
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.
Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:
Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.
The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.
ACC6010|1|1
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.
Please note that given the circumstances of COVID-19, there may be some modifications to the assessment schedule promoted in Handbook for this unit. All assessment changes will be published by 27 July 2020. All students are reminded to check handbook at the beginning of semester to ensure they have the correct outline.
This unit provides graduates of other disciplines with an introduction to accounting and lays the foundation for further accounting units. Students will gain an understanding of the fundamental accounting concepts and principles and apply them to prepare and interpret financial statements. The unit focuses on developing the technical skills to account for sole proprietorship, partnership, and corporate forms of business entities at an introductory level.
On completion of this unit students should be able to:
Students will attend on campus classes as well as engage in learning activities through ECU Blackboard.
| Joondalup | Mount Lawley | South West (Bunbury) | |
|---|---|---|---|
| Semester 1 | 13 x 2 hour seminar | Not Offered | Not Offered |
| Semester 2 | 13 x 2 hour seminar | Not Offered | Not Offered |
For more information see the Semester Timetable
Students will engage in learning experiences through ECU Blackboard as well as additional ECU learning technologies.
Critical thinking and problem-solving skills are developed when students apply accounting concepts and techniques to work examples. Communication and technological skills of students are enhanced through completing a group assignment in the unit. The assignment provides students with authentic working experience through simulated accounting roles. It requires students to work collaboratively in small groups to prepare a company's financial statements using computerised accounting software system. Students are expected to apply appropriate accounting concepts and knowledge to analyse and interpret results from the financial statements. Students will provide recommendations for business improvement based on their analysis of the company's business performance by preparing a formal business report. Students are required to prepare an independent self-reflective evaluation report on the process of planning and completing the assignment. Practitioners are invited as guest lecturers to provide students with updates about the accounting profession.
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 Board of Examiners.
| Type | Description | Value |
|---|---|---|
| Participation | Participation | 10% |
| Test | Progression Test | 15% |
| Project | Practice set & reporting using computerised accounting system * | 25% |
| Assignment ^ | Assignment - Short Exercise Questions | 20% |
| Assignment ^ | Assignment - Problem Questions | 30% |
| Type | Description | Value |
|---|---|---|
| Participation | Participation | 10% |
| Test | Progression Test | 15% |
| Project | Practice set & reporting using computerised accounting system * | 25% |
| Assignment ^ | Assignment - Short Exercise Questions | 20% |
| Assignment ^ | Assignment - Problem Questions | 30% |
^ Mandatory to Pass
* Assessment item identified for English language proficiency
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.
Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:
Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.
The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.
ACC6010|2|2