Corporate Reporting

Subject ACCT90012 (2013)

Note: This is an archived Handbook entry from 2013.

Credit Points: 12.50
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject is not offered in 2013.

Time Commitment: Contact Hours: One 3-hour seminar per week
Total Time Commitment: Estimated total time commitment of 120 hours per semester

ACCT90004 Accounting for Decision Making or equivalent.

Study Period Commencement:
Credit Points:
Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects: Notes: This subject cannot be taken by Master of Accounting students, unless they have received written permission from the Program Director, Master of Accounting.
Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website:


Subject Overview: The framework within which regulatory aspects of corporate reporting are conducted, the preparation of general purpose financial reports in accordance with the Corporations Law, the Accounting Standards, and IAC Interpretations.

On successful completion of this subject, students should be able to:

  • Describe the different types of corporate entities;
  • Explain both the legislated and professional regulation that governs financial reporting of corporate entities;
  • Prepare an Income Statement, a Balance Sheet, and associated disclosures in accordance with the relevant Accounting Standards;
  • Apply key Accounting Standards. These include accounting for assets, revaluations, impairment, foreign currency transactions, leases, consolidations and income tax;
  • Interpret accounting standards (or changes) and apply them to prepare financial reports;
  • Resolve accounting problems by reference to accounting standards, including those not covered in the subject;
  • Discuss and explain incentives that may influence accounting choices.
  • 3-hour end-of-semester examination (60%)
  • Mid-semester test (20%)
  • Assignments totalling not more than 1000 words or equivalent (10%)
  • seminar assessment (10%)

Note: Satisfactory completion of this subject requires a pass (50%) in the end-of-semester examination.

Prescribed Texts:

You will be advised of prescribed texts by your lecturer.

Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

On successful completion of this subject, students should have improved the following generic skills:

  • Analytical and problem solving skills;
  • Application of theory to accounting practice;
  • Critical evaluation of evidence in support of an argument or proposition;
  • Ability to synthesise ideas, theories and data while developing solutions to accounting problems;
  • Teamwork skills through a collaborative assignment.

This subject cannot be taken by Master of Accounting students except with the permission of the Program Director, Master of Accounting.

Related Course(s): Graduate Diploma in Professional Accounting
Master of Applied Commerce (Accounting)
Master of Applied Commerce (Accounting)
Master of Management (Accounting)
Master of Management (Accounting)
Master of Professional Accounting

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