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Examines two main areas of professional accountancy, including double entry bookkeeping and law for professional accountants. The course develops the key principles required for those looking to advance through the MPA qualification.
This course covers two main areas of professional accountancy, including double entry bookkeeping and law for professional accountants. The course develops the key principles required for those looking to advance through the MPA qualification. By applying this core knowledge to their other courses within the MPA the student will gain a foundation from which more advanced learning can be applied.
Accounting Principles(Learning Outcomes: 1,2,3,4) Review the New Zealand and Australian accounting framework for financial reporting Review and critique of the role and purpose of the External Reporting Board (XRB) in New Zealand Review and critique the Tier system for financial reporting in New Zealand and consider equivalent system(s) internationally. Consider the use of double entry book keeping to recognise and record transactions and events within the accountings system. Understand the definition and recognition criteria for assets, liabilities, expenses and revenues. Undertake the required journal entries to recognise accruals and provisions including closing and adjustment entries. Generate a set of financial statements in accordance with Generally Accepted Accounting Practice.___________________________________________________Business Law(Learning Outcomes: 5,6) Review and critique the different legal structures for entities and individuals operating in New Zealand. This includes – companies, trusts, trading trusts, unincorporated societies and sole traders. Case study analysis of director responsibilities regarding the application of the Companies Act, Financial Reporting Act, The Securities Act and New Zealand Stock Exchange Rules. Distinguish the legal responsibilities that different legal entities have in New Zealand and Australia, looking specifically at those Acts of Parliament that relates to companies, trusts and incorporated societies
Subject to approval of the Director of Postgraduate Management Development
Room 526, 5th Floor, Commerce & Law Building; Thursday 1:00pm – 4:00pmWorkloadLecture Contact hours 30 hoursPreparation for lectures 35 hoursGroup Presentation and Project 50 hoursEssay 15 hoursExam (including preparation) 20 hoursTotal 150 hours
Catherine McMillan
Essay Due: 1:00pm, Thursday 18 February 2016 10%Group Presentation From Week 5 to Week 9 (Group mark) 20%Exam 1:00pm, Thursday 7 April 2016 30%Participation Weekly from Week 1 20%Group Project 1:00 pm, Thursday 31 March 2016 (Group mark) 20%Note that aegrotats are not available for any item of assessment in this course without the prior approval of the MBA Director in consultation with the lecturer. Wherever possible and with the lecturer’s agreement, a replacement assessment will be sought in each case where a student has not
Required Text:Mitrione, L., M. Rankin, K Chambers, J.J. Weygandt, D .E Kieso and P. D Kimmel (2013). Principles of Financial Accounting, 3rd edition, Milton Qld: John Wiley & Sons Australia Ltd.The text is available for purchase from UBS (The University Bookshop) and is also available on 3-hour restricted loan in the Central Library (call no. HF 5635 P957 2013). This text is referred to as ‘Mitrone’ throughout the remainder of this Course Outline.This is, in most weeks, Essential Reading for the course. Contemporary journal articles, website links, etc. will also be placed on Learn as Additional Reading. Although you are not expected to read all this material, as a Master’s level student you will gain higher marks by demonstrating knowledge of some of this material, especially in your Essay, Group Presentation and Group Project.
Learn
Domestic fee $1,124.00
International Postgraduate fees
* 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.
This course will not be offered if fewer than 10 people apply to enrol.
For further information see Business Taught Masters Programmes .