Accounting for Corporate Entities

Subject ACCT20004 (2016)

Note: This is an archived Handbook entry from 2016.

Credit Points: 12.5
Level: 2 (Undergraduate)
Dates & Locations:

This subject is not offered in 2016.

Time Commitment: Contact Hours: One 2-hour lecture and a 1-hour tutorial per week.
Total Time Commitment: Not available

The following:

Study Period Commencement:
Credit Points:
Summer Term, Semester 1, Semester 2


Recommended Background Knowledge:

Please refer to Prerequisites and Corequisites.

Non Allowed Subjects:


Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support:


To be advised.

Subject Overview:

This subject examines key financial accounting topics at both an applied and theoretical level. Topics covered include but are not limited to, accounting for employee entitlements (including share options), segment reporting, earnings per share, intangible assets, biological assets, provisions and contingencies, financial instruments, derivatives and extractive industries.

Learning Outcomes:

Upon successful completion of this subject students should be able to:

  • analyse, interpret and extract information relevant to the recording and reporting of accounting information from an unfamiliar case study
  • apply relevant Accounting Standards with respect to recording and reporting information pertaining to a range of complex accounting issues
  • critically evaluate outcomes obtained from applying different methods available to preparers of financial statements under current Accounting Standards

A 3-hour end-of-semester examination (80%) and a 1-hour mid-semester test (20%).

Prescribed Texts:

You will be advised of prescribed texts by your lecturer.

Breadth Options:

This subject potentially can be taken as a breadth subject component for the following courses:

You should visit learn more about breadth subjects and read the breadth requirements for your degree, and should discuss your choice with your student adviser, before deciding on your subjects.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:
  • High level of development: application of theory to practice; interpretation and analysis; critical thinking.

  • Moderate level of development: written communication; problem solving; synthesis of data and other information; evaluation of data and other information; receptiveness to alternative ideas.

  • Some level of development: oral communication; collaborative learning; team work.

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