ACCT312-24S2 (C) Semester Two 2024

Advanced Financial Accounting

15 points

Details:
Start Date: Monday, 15 July 2024
End Date: Sunday, 10 November 2024
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 28 July 2024
  • Without academic penalty (including no fee refund): Sunday, 29 September 2024

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, mechanical aspects of number crunching, relevant current activities taking place in the business environment, and research evidence on accounting issues, 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

By the end of this course it is expected that students will be able to:

1. Explain a range of rationales for choices of accounting policies by preparers of financial statements;
2. Evaluate (local and international) financial accounting-related issues;
3. Understand and apply the New Zealand equivalents to the International Financial Reporting Standards for a range of advanced topics covered in the course; and
4. Explain aspects of non-financial reporting and other contemporary accounting issues covered in the course.

In summary, students should be able to demonstrate an understanding and awareness of advanced financial reporting and analysis within New Zealand and international contexts.

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.

Engaged with the community

Students will have observed and understood a culture within a community by reflecting on their own performance and experiences within that community.

Globally aware

Students will comprehend the influence of global conditions on their discipline and will be competent in engaging with global and multi-cultural contexts.

Prerequisites

Restrictions

ACIS312, AFIS301, AFIS312, AFIS501.

Timetable 2024

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Monday 09:00 - 11:00 E9 Lecture Theatre
15 Jul - 25 Aug
9 Sep - 20 Oct
Optional A (Optional)
Activity Day Time Location Weeks
01 Friday 09:00 - 11:00 F1 Lectorial
21 Oct - 27 Oct
Workshop A
Activity Day Time Location Weeks
01 Wednesday 12:00 - 13:00 Meremere 108 Lecture Theatre
15 Jul - 25 Aug
9 Sep - 20 Oct

Examinations, Quizzes and Formal Tests

Test A
Activity Day Time Location Weeks
01 Tuesday 19:00 - 20:30 A1 Lecture Theatre
19 Aug - 25 Aug

Timetable Note

Note:  Not all the streams will necessarily be offered.

Course Coordinator

Rob Vosslamber

Lecturer

Natasja Steenkamp

Assessment

Assessment Due Date Percentage 
Reading quizzes 10%
Written Assignments 14%
Mid-semester test 24%
Final Exam 52%

Textbooks / Resources

Required Texts

Deegan, Craig; Financial Accounting ; 9th edition; McGraw Hill Education (Australia) Pty Ltd, 2019.

Course links

Learn

Indicative Fees

Domestic fee $893.00

International fee $4,200.00

* 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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