ACCT211-20S2 (C) Semester Two 2020

Financial Accounting

15 points

Details:
Start Date: Monday, 13 July 2020
End Date: Sunday, 8 November 2020
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Friday, 24 July 2020
  • Without academic penalty (including no fee refund): Friday, 25 September 2020

Description

The course develops further understanding of financial accounting issues for companies and other entities in their New Zealand and international context. Topics include: the NZ regulatory environment; profit determination; presentation of financial statements including group accounts; current issues in financial accounting.

This course develops further understanding of financial accounting issues for companies and other entities in their New Zealand and international context. Topics include:  the NZ regulatory environment; profit determination; presentation of financial statements including an introduction to group accounting; accounting for taxation; current issues in financial accounting.

Learning Outcomes

At the completion of this course it is expected that students will be able to:
1.  Demonstrate an awareness and understanding of current financial reporting issues within the New Zealand and international context.
2.  Demonstrate an understanding of the major features of the regulatory framework for financial reporting in New Zealand.
3.  Demonstrate an understanding of the New Zealand equivalents to the International Financial Reporting Standards relating to the accounting requirements for a range of topics covered in the course.
4.  Evaluate alternative accounting treatments in regard to recognition, measurement and disclosure for specific financial accounting related issues.
5.  Demonstrate an understanding of the principles and application of group accounting methods.

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.

Prerequisites

Restrictions

ACIS211, AFIS211

Course Coordinator

Natasja Steenkamp

Lecturers

Keith Dixon and Beverley Lord

Assessment

Assessment Due Date Percentage 
Tutorial Participation 10%
Group Assignment 15%
Term Test 25%
Final Exam 50%

Textbooks / Resources

Required Texts

Deegan, Craig; Financial accounting ; 9th edition; McGraw-Hill Education, 2019.

Required Text:
XRB Accounting Standards and Standards Framework:  Electronic copies are accessible from the XRB website:  http://xrb.govt.nz/site/Accounting_Standards/Current_Standards/default.aspx

The Deegan textbook is available as an ebook or hard copy.

Course links

Learn

Indicative Fees

Domestic fee $822.00

International fee $3,688.00

* 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 .

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