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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:
Students will attend on campus classes as well as engage in learning activities through ECU Blackboard.
| Joondalup | Mount Lawley | South West (Bunbury) | |
|---|---|---|---|
| Semester 1 | Not Offered | 13 x 2 hour lecture | Not Offered |
| Semester 1 | Not Offered | 13 x 1 hour tutorial | Not Offered |
| Semester 2 | 13 x 1 hour lecture | Not Offered | Not Offered |
| Semester 2 | 13 x 1 hour tutorial | 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 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. The purpose of the tutorial is to gain additional practice in the application of accounting standards relevant to financial reporting topics. 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. Off campus students are also supported by videos incorporating the explanation and interpretation of accounting standards related to each financial reporting topic as well as detailed explanation of the application of the accounting standard. Students are also given the opportunity to demonstration the application of each accounting standard by attempting relevant questions concerning each weeks topic.
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 |
|---|---|---|
| Project | Collaborative project involving interpretation, explanation and application of relevant accounting standard(s). | 10% |
| Test | Test 1 - Multiple choice (practical and theory). Demonstration of interpretation and application of selected accounting standards. | 15% |
| Test | Test 2 - Multiple choice (practical and theory). Demonstration of interpretation and application of selected accounting standards. | 15% |
| Examination ^ | Final Examination | 60% |
| Type | Description | Value |
|---|---|---|
| Project | Collaborative project involving interpretation, explanation and application of relevant accounting standard(s). | 10% |
| Test | Test 1 - Multiple choice (practical and theory). Demonstration of interpretation and application of selected accounting standards. | 15% |
| Test | Test 2 - Multiple choice (practical and theory). Demonstration of interpretation and application of selected accounting standards. | 15% |
| Examination ^ | Final Examination | 60% |
^ Mandatory to Pass
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 have passed ACC6010.
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 | Not Offered | 13 x 2 hour lecture | Not Offered |
| Semester 1 | Not Offered | 13 x 1 hour tutorial | Not Offered |
| Semester 2 | 13 x 1 hour lecture | Not Offered | Not Offered |
| Semester 2 | 13 x 1 hour tutorial | Not Offered | Not Offered |
For more information see the Semester Timetable
The purpose of the seminar is to evaluate and develop both an understanding and application of a particular accounting standard in a practical setting. Each weekly seminar will address a separate accounting topic (accounting standard). Tutorials are active learning environments where presenters collaboratively with their peers, review core concepts and apply a particular accounting standard by completing a set task in the tutorial. Both off and on campus students are provided with a range of resources for each topic on Blackboard which include: detailed topic notes comprising demonstrated exercises and solutions, powerpoint slides which summarise key concepts, topic videos that explain theoretical concepts and application of each accounting standard, and finally review/test your knowledge questions and solutions. Involve accounting practitioners/representatives of the accounting profession as guest speakers to address students during the semester.
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 |
|---|---|---|
| Project | Collaborative project involving interpretation, explanation and application of relevant accounting standard(s). | 10% |
| Test | Test 1 - Multiple choice (practical and theory). Demonstration of interpretation and application of selected accounting standards. | 15% |
| Test | Test 2 - Multiple choice (practical and theory). Demonstration of interpretation and application of selected accounting standards. | 15% |
| Examination ^ | Final Examination | 60% |
| Type | Description | Value |
|---|---|---|
| Project | Collaborative project involving interpretation, explanation and application of relevant accounting standard(s). | 10% |
| Test | Test 1 - Multiple choice (practical and theory). Demonstration of interpretation and application of selected accounting standards. | 15% |
| Test | Test 2 - Multiple choice (practical and theory). Demonstration of interpretation and application of selected accounting standards. | 15% |
| Examination ^ | Final Examination | 60% |
^ Mandatory to Pass
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|2|2