acc2cre corporate reporting
CORPORATE REPORTING
ACC2CRE
2019
Credit points: 15
Subject outline
The subject provides you with a knowledge and understanding of financial reporting standards and their use in accounting measurements and disclosure practices. You will focus on the Australian external reporting environment, and the role of the conceptual framework and its relevance to financial reporting. You will also deal with the evaluation and application of selected accounting standards for property, plant and equipment, intangible assists and income tax. You will learn about accounting for group structure, equity investments and joint ventures. The subject is designed to meet the preliminary requirements of Chartered Accountants Australia and New Zealand (CAANZ) and CPA Australia. It provides you the necessary background for understanding the financial reporting requirements in Australia.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorMaria Zito
Available to Study Abroad StudentsNo
Subject year levelYear Level 2 - UG
Exchange StudentsNo
Subject particulars
Subject rules
Prerequisites ACC1AIS
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Financial Reporting | Recommended | Loftus et al. (2nd Ed.) | John Wiley & Sons Australia |
| Readings | Company Accounting | Recommended | Leo et al. (11th Ed.) | John Wiley & Sons Australia |
| Readings | Financial Accounting | Prescribed | Deegan, C. (8th Ed.,) | McGraw-Hill Australia |
Graduate capabilities & intended learning outcomes
01. Apply the regulatory framework for financial reporting in Australia to practical situations and provide arguments for and against accounting regulations
- Activities:
- Workshops and online activities
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
02. Discuss the role of a conceptual framework and its relevance to financial reporting, and critically evaluate the existing framework
- Activities:
- Workshops and online activities
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
03. Analyse and apply accounting standards to practical situations with regard to non-current assets, accounting for income taxes and the preparation of corporate financial statements
- Activities:
- Workshops and online activities
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
04. Prepare consolidated financial statements on the basis of Australian Accounting Standards and account for equity investments and accounting entries for joint ventures
- Activities:
- Workshops and online activities
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
05. Appraise the economic consequences of using different accounting methods on the financial statements
- Activities:
- Workshops and online activities
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
06. Critically evaluate the information needs of users of financial statements (including social and environmental performance) and the mandatory requirements for the preparation and presentation of financial statements
- Activities:
- Workshops and online activities
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Teamwork including leadership and working in groups,Ethical behaviour)
Subject options
Select to view your study options…
Albury-Wodonga, 2019, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Bendigo, 2019, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Chisholm311(ChisholmInstitute), 2019, Semester 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 31 - 43
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Chisholm311(ChisholmInstitute), 2019, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Melbourne, 2019, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Melbourne, 2019, Semester 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 31 - 43
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Melbourne, 2019, Summer 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 02 - 07
Two 2.0 hours workshop per week on weekdays during the day from week 02 to week 07 and delivered via face-to-face.
"Two 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Mildura, 2019, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by online lectures and other learning tools under the blended delivery mode"
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Shepparton, 2019, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 10 - 22
One 2.0 hours workshop per week on weekdays at night from week 10 to week 22 and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode."
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Sydney, 2019, Study Period 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 10 - 22
One 2.0 hours workshop per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blernded learning tools under the blended delivery mode"
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Sydney, 2019, Study Period 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorMaria Zito
Class requirements
WorkShopWeek: 31 - 42
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode"
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |
Sydney, 2019, Study Period 3, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorBalachandran Muniandy
Class requirements
WorkShop
One 2.0 hours workshop per week on weekdays during the day and delivered via face-to-face.
"One 2-hour weekly face-to-face interactive workshop supported by blended learning tools under the blended delivery mode"
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| On-line Quizzes (equivalent to 1000 words) | 20 | 01, 02, 03, 05, 06 | |
| One Group Assignment (equivalent to 500 words per student) | 20 | 01, 03, 06 | |
| One 3-hour final examination | Broadly equivalent to 3000 words) | 60 | 01, 02, 03, 04, 05, 06 |