ACCT211-14S2 (C) Semester Two 2014

Financial Accounting

15 points

Details:
Start Date: Monday, 14 July 2014
End Date: Sunday, 16 November 2014
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 27 July 2014
  • Without academic penalty (including no fee refund): Sunday, 12 October 2014

Description

The course develops further understanding of financial accounting issues for companies and other entities in their New Zealand and international context. Topics include: the NZ regulatory environment; profit determination; presentation of financial statements including group accounts; current issues in financial accounting.

Learning Outcomes

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

1.  Current financial reporting issues within the New Zealand and international context;
2.  The major features of the regulatory framework for financial reporting in New Zealand.
3.  The New Zealand equivalents to the International Financial Reporting Standards relating to the accounting requirements for a range of topics covered in the course.

They will also be able to evaluate alternative accounting treatments in regard to recognition, measurement and disclosure for specific financial accounting related issues.

Prerequisites

ACCT103 or ACIS103

Restrictions

ACIS211, AFIS211

Course Coordinator

Susan Wild

Lecturers

Susan Wild , Trevor Nesbit and Bill Foster

Assessment

Assessment Due Date Percentage 
Tutorial attendance and participation 10%
Test 30%
Final Examination 60%

Textbooks / Resources

Required Texts

Deegan, Craig , Samkin, Grant; New Zealand financial accounting ; 6e [i.e. 6th ed.]; McGraw-Hill Australia, 2013.

Institute of Chartered Accountants of New Zealand. , New Zealand Institute of Chartered Accountants; Applicable financial reporting standards : New Zealand equivalents to international financial reporting standards ; Institute of Chartered Accountants of New Zealand (These can be accessed online on the New Zealand Institute of Chartered Accountants (NZICA) website).

Recommended Reading

Alfredson, Keith; Applying international financial reporting standards ; 2nd ed; John Wiley & Sons Australia, 2010.

Baker, Richard E. , Christensen, Theodore E., Cottrell, David M; Essentials of advanced financial accounting ; McGraw-Hill/Irwin, 2012.

New Zealand Society of Accountants; Chartered accountants journal of New Zealand ; The Society (Topical articles).

Regular and wide ranging reading is recommended.  Reading the required text and the appropriate financial reporting standards is the minimum requirement.

Course links

Course Outline 2014 Outline
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Indicative Fees

Domestic fee $709.00

International fee $3,063.00

* 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 .

All ACCT211 Occurrences

  • ACCT211-14S2 (C) Semester Two 2014
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