ACCT312-16SU2 (C) Summer Nov 2016 start

Advanced Financial Accounting

15 points

Details:
Start Date: Monday, 14 November 2016
End Date: Sunday, 25 December 2016
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 27 November 2016
  • Without academic penalty (including no fee refund): Sunday, 11 December 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, and specifically considers various aspects of financial reporting. The course integrates theory, financial accounting standards, practical application to financial reporting, relevant current activities taking place in the business environment, and research evidence on accounting issues. Its aim is to provide students with a good understanding of why accounting is practised the way it is, while also 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. Explain the financial reporting framework in New Zealand;
2. Explain 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;
3. Evaluate topical (local and international) financial accounting-related issues;
4. Recall and apply the New Zealand equivalents to the International Financial Reporting Standards for a range of advanced topics covered in the course; and
5. Explain aspects of non-financial reporting and other contemporary accounting issues covered in the course.

Prerequisites

ACCT211 or ACIS211

Restrictions

ACIS312, AFIS301, AFIS312, AFIS501.

Timetable Note

Lecture/Tutorial times:
Monday 10:00am - 12:00pm
Tuesday 10:00am - 12:00pm
Thursday 1:00pm - 3:00pm

Course Coordinator

Catherine McMillan

Lecturers

Keith Dixon , Susan Wild , Helen Wright and Julia Wu

Assessment

Assessment Due Date Percentage 
Tutorials 10%
Essay 10%
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
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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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