AFIS121-07S1 (C) Semester One 2007

Introduction to Financial Accounting

18 points

Details:
Start Date: Monday, 26 February 2007
End Date: Sunday, 1 July 2007
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 11 March 2007
  • Without academic penalty (including no fee refund): Sunday, 27 May 2007

Description

The basic accounting process, financial reporting for a sole trader, principles of management accounting.

The basic accounting process, financial reporting for the sole trader, and principles of management accounting..

Learning Outcomes

  • to introduce the goals, conceptual foundations, skills & techniques associated with the work of accountants.

  • to prepare students for advanced courses in the Department.

  • to ensure that students are familiar with techniques such as double-entry book-keeping.

  • to emphasise the concepts underlying the disciplines.

  • to help all students to gain the skills and understanding required of the course.

Restrictions

ACCY111, AFIS101, AFIS111, AFIS131

Course Coordinator / Lecturer

Jenny Long

Lecturer

Vinni Pietras-Jensen

Assessment

Assessment Due Date Percentage 
Final Exam 70%
Test 30%

Textbooks / Resources

Required Texts

Accounting : building business skills ;

Notes

Can I cope with the course?

. . . with no prior accounting knowledge?

Yes.  The course is designed for students who have not studied accounting as well as for students who have studied accounting but not achieved high grades.   The lecturers and tutors will assume that you have not done accounting before.

. . . if my English is not good?

Some think that accounting is only about numbers and therefore suited to people without good English.  This is untrue.  Much of the material in the AFIS121 involves learning and explaining concepts in English.  If English is your second language and you have difficulty understanding the lecturers or writing good sentences, contact the University of Canterbury English Language Centre by phoning 364-2905, or emailing  elc@cont.canterbury.ac.nz.

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. non-invigilated) 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 $625.00

International fee $2,550.00

* 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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