ACCT103-21S2 (D) Semester Two 2021 (Distance)

Accounting and Taxation: An Introduction

15 points

Details:
Start Date: Monday, 19 July 2021
End Date: Sunday, 14 November 2021
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 1 August 2021
  • Without academic penalty (including no fee refund): Friday, 1 October 2021

Description

The course introduces taxation and accounting in the context of service, retail, manufacturing, tourism, farming and construction businesses. It includes the rudiments of bookkeeping and the preparation of reports about cash flows, profits and accumulating capital and wealth. It caters for accounting and taxation majors, and for entrepreneurially-minded students contemplating running their own businesses.

While attracting Bachelor of Commerce students who are majoring in Accounting or Taxation and
Accounting, and have aspirations for membership of professional bodies of accounting (see Professional Body Academic Requirements below), ACCT103 is of wider interest inside the Commerce degree and outside, particularly for Law, Arts, Sciences, Humanities and Engineering students contemplating administering their small businesses. Students learn how to account for a variety of transactions and how to prepare financial reports in accordance with normal practices. For Commerce degree students, ACCT103 complements ACCT102’s financial information readership perspective

Learning Outcomes

By the end of this course, the student should be able to:
1. Explain and apply accounting concepts and principles for general purpose financial reporting.
2. Explain and apply taxation concepts including taxable entities, income and capital.
3. Explain and apply the double entry system of bookkeeping.
4. Apply accounting software to record and analyse financial transactions.
5. Prepare cost and management control reports for organisations.

University Graduate Attributes

This course will provide students with an opportunity to develop the Graduate Attributes specified below:

Critically competent in a core academic discipline of their award

Students know and can critically evaluate and, where applicable, apply this knowledge to topics/issues within their majoring subject.

Employable, innovative and enterprising

Students will develop key skills and attributes sought by employers that can be used in a range of applications.

Biculturally competent and confident

Students will be aware of and understand the nature of biculturalism in Aotearoa New Zealand, and its relevance to their area of study and/or their degree.

Prerequisites

Restrictions

ACIS103, AFIS101, AFIS103, AFIS111, AFIS121, AFIS131

Course Coordinator / Lecturer

Neil Crombie

Lecturer

Adrian Sawyer

Assessment

Assessment Due Date Percentage 
Learning Reflections 15%
MYOB Project 20%
Mid-Semester Test 25%
Final Exam 40%

Textbooks / Resources

Required Texts

Carlon, Shirley; Financial accounting : reporting, analysis and decision making ; Sixth edition; John Wiley & Sons Australia, Ltd, 2019.

Indicative Fees

Domestic fee $831.00

International fee $3,875.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Department of Accounting and Information Systems .

All ACCT103 Occurrences

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