ACCT211-16S2 (C) Semester Two 2016

Financial Accounting

15 points

Details:
Start Date: Monday, 11 July 2016
End Date: Sunday, 13 November 2016
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 24 July 2016
  • Without academic penalty (including no fee refund): Sunday, 9 October 2016

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. Demonstrate an awareness and understanding of current financial reporting issues within the New Zealand and international context;
2. Demonstrate an understanding of the major features of the regulatory framework for financial reporting in New Zealand;
3. Demonstrate an understanding of the New Zealand equivalents to the International Financial Reporting Standards relating to the accounting requirements for a range of  topics covered in the course;
4. Evaluate alternative accounting treatments in regard to recognition, measurement and disclosure for specific financial accounting related issues;
5. Demonstrate an understanding of the principles and application of group accounting methods.

Prerequisites

ACCT102 or ACIS102; and ACCT103 or ACIS103

Restrictions

ACIS211, AFIS211

Course Coordinator

Susan Wild

Lecturers

Keith Dixon , Professor Bill Foster and Susan Wild

Assessment

Assessment Due Date Percentage  Description
Tutorial Assessment 10% Tutorial attendance and participation and compulsory tutorial tasks
Term Test 30%
Final Exam 60%

Textbooks / Resources

Required Texts

Picker; Applyng International Financial Reporting Standards ; 4th; Wiley, 2016.

Recommended Reading

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

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

Required Text:
XRB Accounting Standards and Standards Framework:  Electronic copies are accessible from the XRB website at:
http://www.xrb.govt.nz/Site/Accounting_Standards/Current_Standards/default.aspx

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 2016 Outline
Learn

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 .

All ACCT211 Occurrences

  • ACCT211-16S2 (C) Semester Two 2016
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