ACIS103-09S2 (C) Semester Two 2009

Introduction to Financial Accounting

18 points

Details:
Start Date: Monday, 13 July 2009
End Date: Sunday, 15 November 2009
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 26 July 2009
  • Without academic penalty (including no fee refund): Sunday, 11 October 2009

Description

Accounting processes, preparation and analysis of financial reports, the reporting framework.

Accounting processes, preparation and analysis of financial reports, the reporting framework
The course aims to introduce students intending to major in accounting to the essential techniques of financial accounting.

Learning Outcomes

Students will gain an understanding of double entry book-keeping, and the preparation of general purpose financial reports, including statements of cash flow. They will gain an understanding of asset valuation issues for inventory and receivables, and the accounting process for property, plant and equipment, within the regulatory framework for general purpose financial reports. They will use financial statement analysis to examine the profitability and risk of organisations. They will understand the differences between accounting profit and income and deductions for taxation purposes.

Prerequisites

ACIS102 or AFIS102 or AFIS188

Restrictions

AFIS101, AFIS103, AFIS111, AFIS121, AFIS131

Course Administrator

Jenny Long

Lecturers

Jenny Long and Alistair Hodson

Assessment

Assessment Due Date Percentage 
Final exam 70%
Test 30%

Course links

Course Outline

Notes

Assessment will be by way of a two hour test and a three hour final examination.
The weightings for these assessments will be provided by two options:
a)  test 30% and final examination 70%, or
b)  test 15% and final examination 85%.

45% rule

There is a general departmental requirement that students are required to average not less than 45% in the invigilated component of their assessments in order to pass the course as a whole. ‘Invigilated’ means ‘formally supervised under exam conditions’. This includes items such as term tests, supervised laboratory tests, and in-class tests under supervision.  Excluded items (i.e. uninvigilated) include (group or individual) take home tests, essays, projects, presentations (unless fully supervised and assessed on delivery of presentation only), and assignments.

Indicative Fees

Domestic fee $677.00

International fee $2,850.00

* 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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