ACC3AFA study guide 2013
Lecturer: Adrian Koit
Semester 2, 2013
Advanced Financial Accounting
ACC2CRE – Corporate Reporting
Assumed Skills & Knowledge:
It is assumed that students have obtained a thorough understanding of fundamental accounting principles and reporting requirements.
Special Study Requirements:
Students with special needs whose participation in this subject might be limited by any study requirements are encouraged to consult the Equality and Diversity Centre (EDC). Further information and contact details for the EDC are available at http://www.latrobe.edu.au/equality
The aim of this Subject is to promote an understanding of some of the major contemporary issues associated with the measurement and reporting of the operating results and financial position of modern reporting entities. Topics on foreign currency transactions, superannuation, financial instruments, construction contracts and other topical issues will be covered within the context of recent recommendations of the Australian accounting profession. The role of theory in accounting will also be covered.
SUBJECT INTENDED LEARNING OUTCOMES (SILOS)
Upon successful completion of this subject, you should be able to:
Explain and apply the main types of accounting theories as they apply to accounting practice and regulation
Evaluate the criteria for assets and liabilities as they apply to the components of the accounting equation
Analyse and apply the accounting standards within a dynamic organisational environment, with a particular focus on complex transactions, specialised industries and financial