Accounting for Commercial Lawyers

Subject 730-766 (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

Credit Points: 12.50
Level: 7 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2009:

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 candidates background and experience.
Prerequisites:

The focus of this subject is on the fundamentals of accounting and financial reports. It is designed for students 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 Charles T Comerford
Subject Overview:

Objectives:

A student who has successfully completed this subject should have:

  • A knowledge of accounting concepts relating to the preparation of the Balance Sheet, Income Statement and Cash Flow Statement
  • 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:

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

Principal topics will include:

  • Accounting reports and analysis
  • Interpreting financial statements
  • Financial statement ratios
  • Accounting reports and business failures
  • The limitations of accounting information.
Assessment:
  • Take-home examination (100%) (6–9 November)

    or
  • Research paper 10,000 words (100%) (9 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: P12.507Semester 2NLawLawYNNNParkvillePARKVILLEAccounting for Commercial Lawyers730-766Mr Richard Charles T Comerford200924 - 26 contact hours per subject.For the latest information on this subject, please visit: http://www.masters.law.unimelb.edu.au/subject/730766Melbourne Law Masters, postgraduate law, post-graduate law, graduate law

Objectives:

A student who has successfully completed this subject should have:

  • A knowledge of accounting concepts relating to the preparation of the Balance Sheet, Income Statement and Cash Flow Statement
  • 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:

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

Principal topics will include:

  • Accounting reports and analysis
  • Interpreting financial statements
  • Financial statement ratios
  • Accounting reports and business failures
  • The limitations of accounting information.
  • Take-home examination (100%) (6–9 November)

    or
  • Research paper 10,000 words (100%) (9 November) (topic approved by the subject coordinator)
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 candidates background and experience.Please see the subject homepage on the Melbourne Law Masters website for up to date timetable information.

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

N.A.N.A.Law730-7662

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