ACCT312-16S2 (C) Semester Two 2016

Advanced Financial Accounting

15 points

Details:
Start Date: Monday, 11 July 2016
End Date: Sunday, 13 November 2016
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 24 July 2016
  • Without academic penalty (including no fee refund): Sunday, 9 October 2016

Description

Develops advanced understanding and abilities in aspects of financial accounting, including financial instruments, tax effect accounting and foreign exchange.

This course builds upon the knowledge gained from first and second year courses in accounting; it specifically considers critical aspects of financial reporting, focusing on key financial reporting standards and controversial issues relating to those topics.

Learning Outcomes

Having engaged in learning during the course, students will be able to demonstrate an understanding (e.g. explain, discuss, apply and, where appropriate, evaluate) of:

1.      The financial reporting framework in New Zealand; and
2.      The choice in accounting policies (relating to the areas covered in the course) that is available to the preparers of financial statements in New Zealand; and
3.      Financial accounting related issues (local and international) to a competent level; and
4.      The New Zealand equivalants to the International Financial Reporting Standards relating to the accounting requirements for a range of advanced topics covered in the course; and
5.      Non-financial reporting and the contemporary accounting issues covered in the course.

Prerequisites

ACCT211 or ACIS211

Restrictions

ACIS312, AFIS301, AFIS312, AFIS501.

Course Coordinator

Susan Wild

Lecturers

Keith Dixon , Prof Bill Foster and Susan Wild

Assessment

Assessment Due Date Percentage  Description
Tutorials 10% Preparation, attendance and contribution
Essay 10%
Mid-semester Test 25%
Final Exam 55%

Textbooks / Resources

Required Texts

Craig Deegan and Grant Samkin; New Zealand Financial Accounting ; 6th; McGraw-Hill, 2013.

At the advanced level of this course students are expected to read widely, following the references given in the handouts and in lectures, and the pronouncements by the Chartered Accountants Australia and New Zealand.  In addition students should endeavour to read business newspapers, such as National Business Review or The Independent and Unlimited has interesting business-related articles.

Course links

Course Outline 2016 Outline
Learn

Indicative Fees

Domestic fee $759.00

International fee $3,125.00

* 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 on the departments and faculties page .

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