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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.
This unit provides students with the opportunity to examine a range of contemporary financial accounting issues within the context of the global business environment. Students will gain an understanding of how various financial transactions are recorded for different entities (including companies involved in construction, extractive industries, foreign operations etc.) and how these impact external disclosures. Theoretical issues and concepts underlying financial accounting practice are considered in the context of international reporting standards.
Students must pass 1 units from ACC6010
On completion of this unit students should be able to:
On-campus students attend a weekly two hour lecture and one hour tutorial. The purpose of the lecture is to introduce the topic, identify key accounting issues addressed by a relevant accounting standard and to demonstrate application of the standard in terms of work-related practical examples. Tutorials are student-centred and focus on the development of oral communication skills, interpersonal skills, problem solving as well as critical thinking skills. Students are randomly selected (often from different backgrounds) to work collaboratively in the preparation and delivery of an interactive presentation to their peers. This involves critically examining the purpose of an accounting standard, identifying its major features, and demonstrating an application of the standard. A written overview of the topic as a whole is required to be prepared outlining key issues and linkages to the relevant accounting standard. Students are also expected to submit a detailed meetings log providing evidence of collaboration and delegation of tasks as well as a written critical self-reflection sheet reviewing their performance and what they learnt from the experience (working with someone, preparing materials for presentation, presenting to peers, obtaining feedback etc.). Off-campus students are supplied with unit materials encompassing lecture notes, lecture exercises, and solutions to tutorial questions. These materials are accessible via Blackboard. Regular online access is required. Students are assigned a tutor to assist with the interpretation and application of the accounting standards that form the basis for each topic. Three assignments are required to be submitted whereby students are expected to critically apply theoretical and technical accounting knowledge and skills in the application of relevant accounting standards covering a range of financial accounting topics. Students are randomly selected by their tutor to collaboratively work together in the preparation and submission of each assignment. Clarity of written expression is expected for each submitted work.
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 |
|---|---|---|
| Presentation | Student Presentation (including meeting logs, summary sheet and critical relf-reflection) | 10% |
| Test | Test 1 - Multiple choice (practical and theory) as well as written practical questions | 15% |
| Test | Test 2 - Multiple choice (practical and theory) as well as written practical questions | 15% |
| Examination ^ | Final Examination | 60% |
| Type | Description | Value |
|---|---|---|
| Assignment | Assignment 1- Application of selected accounting standards incorporating theory and practical aspects. | 10% |
| Assignment | Assignment 2 -Application of selected accounting standards incorporating theory and practical aspects. | 15% |
| Assignment | Assignment 3 - Application of selected accounting standards incorporating theory and practical aspects. | 15% |
| Examination ^ | Final Examination | 60% |
^ Mandatory to Pass
^ Mandatory reference
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.
ACC6015|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.
This unit provides students with the opportunity to examine a range of contemporary financial accounting issues within the context of the global business environment. Students will gain an understanding of how various financial transactions are recorded for different entities (including companies involved in construction, extractive industries, foreign operations etc.) and how these impact external disclosures. Theoretical issues and concepts underlying financial accounting practice are considered in the context of international reporting standards.
Students must pass 1 units from ACC6010
On completion of this unit students should be able to:
On-campus students attend a weekly two hour lecture and one hour tutorial. The purpose of the lecture is to introduce the topic, identify key accounting issues addressed by a relevant accounting standard and to demonstrate application of the standard in terms of work-related practical examples. Tutorials are student-centred and focus on the development of oral communication skills, interpersonal skills, problem solving as well as critical thinking skills. Students are randomly selected (often from different backgrounds) to work collaboratively in the preparation and delivery of an interactive presentation to their peers. This involves critically examining the purpose of an accounting standard, identifying its major features, and demonstrating an application of the standard. A written overview of the topic as a whole is required to be prepared outlining key issues and linkages to the relevant accounting standard. Students are also expected to submit a detailed meetings log providing evidence of collaboration and delegation of tasks as well as a written critical self-reflection sheet reviewing their performance and what they learnt from the experience (working with someone, preparing materials for presentation, presenting to peers, obtaining feedback etc.). Off-campus students are supplied with unit materials encompassing lecture notes, lecture exercises, and solutions to tutorial questions. These materials are accessible via Blackboard. Regular online access is required. Students are assigned a tutor to assist with the interpretation and application of the accounting standards that form the basis for each topic. Three assignments are required to be submitted whereby students are expected to critically apply theoretical and technical accounting knowledge and skills in the application of relevant accounting standards covering a range of financial accounting topics. Students are randomly selected by their tutor to collaboratively work together in the preparation and submission of each assignment. Clarity of written expression is expected for each submitted work.
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 |
|---|---|---|
| Presentation | Student Presentation (including meeting logs, summary sheet and critical relf-reflection) | 10% |
| Test | Test 1 - Multiple choice (practical and theory) as well as written practical questions | 15% |
| Test | Test 2 - Multiple choice (practical and theory) as well as written practical questions | 15% |
| Examination ^ | Final Examination | 60% |
| Type | Description | Value |
|---|---|---|
| Assignment | Assignment 1- Application of selected accounting standards incorporating theory and practical aspects. | 10% |
| Assignment | Assignment 2 -Application of selected accounting standards incorporating theory and practical aspects. | 15% |
| Assignment | Assignment 3 - Application of selected accounting standards incorporating theory and practical aspects. | 15% |
| Examination ^ | Final Examination | 60% |
^ Mandatory to Pass
^ Mandatory reference
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.
ACC6015|1|2