Accounting for Commercial Lawyers

Subject 730-766 (2008)

Note: This is an archived Handbook entry from 2008. Search for this in the current handbook Search for this in the current handbook

Credit Points: 12.500
Level: Graduate/Postgraduate
Dates & Locations:

This subject has the following teaching availabilities in 2008:

Semester 2, - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 24 - 26 contact hours per subject.
Total Time Commitment: The time commitment for this subject depends on the candidate's background and experience.
Prerequisites: Note

The focus of this subject is on the fundamentals of accounting and financial reports. It is designed for candidates with limited accounting experience. The subject is not recommended for students who have previously completed undergraduate or postgraduate accounting studies.
Corequisites: N.A.
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements: N.A.

Coordinator

Mr Richard Comerford, Mr Noel Boys
Subject Overview:

Objectives:

A candidate who has successfully completed the subject should have:

  • A knowledge of accounting concepts relating to the preparation of the Statement of Financial Position, Statement of Financial Performance and Statement of Cash Flow
  • The ability to effectively interpret financial reports and supporting notes
  • The ability to calculate and interpret financial reporting ratios
  • The ability to understand accounting issues in commercial transactions
  • An awareness of the limitations of financial reports.

Syllabus:

The subject provides a broad perspective on the interpretation and analysis of financial reports and accounting information.

Principal topics will include:

  • Accounting reports and analysis
  • Accounting reports and business failures
  • Interpreting financial statements
  • Ratio analysis
  • Costing issues and contracting
  • The limitations of accounting.
Assessment:
  • Take-home examination (100%) (7-10 November)
    or
  • Research paper 10,000 words (100%) (10 November) (topic approved by the subject coordinator)
Prescribed Texts: Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Please see the Subject Objectives for this information.
Links to further information: 730-766Accounting for Commercial LawyersMelbourne Law Masters, postgraduate law, post-graduate law, graduate law2008

Objectives:

A candidate who has successfully completed the subject should have:

  • A knowledge of accounting concepts relating to the preparation of the Statement of Financial Position, Statement of Financial Performance and Statement of Cash Flow
  • The ability to effectively interpret financial reports and supporting notes
  • The ability to calculate and interpret financial reporting ratios
  • The ability to understand accounting issues in commercial transactions
  • An awareness of the limitations of financial reports.

Syllabus:

The subject provides a broad perspective on the interpretation and analysis of financial reports and accounting information.

Principal topics will include:

  • Accounting reports and analysis
  • Accounting reports and business failures
  • Interpreting financial statements
  • Ratio analysis
  • Costing issues and contracting
  • The limitations of accounting.
  • Take-home examination (100%) (7-10 November)
    or
  • Research paper 10,000 words (100%) (10 November) (topic approved by the subject coordinator)
Note

The focus of this subject is on the fundamentals of accounting and financial reports. It is designed for candidates with limited accounting experience. The subject is not recommended for students who have previously completed undergraduate or postgraduate accounting studies.

N.A.24 - 26 contact hours per subject.Core subject materials will be provided free of charge to all students. Some subjects require further texts to be purchased. Please visit the subject homepage on the Melbourne Law Masters website by following the link at the bottom of this subject entry.Please see the Subject Objectives for this information.The time commitment for this subject depends on the candidate's background and experience.N.A.Please see the subject homepage on the Melbourne Law Masters website for up to date timetable information.Mr Richard Comerford, Mr Noel BoysLawFor the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730766P12.500Semester 2NLawLaw730-766

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