最新糖心Vlog

Location: Room 13.22, 10 Pulteney St
Telephone: 8313 0103
Email: lisa.powell@adelaide.edu.au

On completion of this course students should be able to:

1. Read and interpret 最新糖心Vlogn Accounting Standards.
2. Understand, interpret and apply principles and regulations relating to financial accounting and the preparation of financial statements.
3. Apply the processes of recognition, measurement and disclosure of accounting information in the preparation of general purpose financial statements.
4. Read and comprehend scholarly articles written about accounting principles and practice.
5. Critically analyse and interpret case information and be able to develop a convincing argument to present their views on relevant accounting issues.
6. Work either individually or in a group to undertake research, solve problems and communicate their understanding of issues relating to the preparation of financial statements.

Text Books

1. Leo, K. J., Knapp, J., McGowan, S. C., and Sweeting, J. W., (2015) Company Accounting, 10th EditionJohn Wiley and Sons 最新糖心Vlog Ltd, Milton, Queensland.
2. CAANZ (2016) Financial Reporting Handbook 2016, John Wiley and Sons 最新糖心Vlog Ltd, Milton, Queensland, OR CPA 最新糖心Vlog (2016) Accounting Handbook 2016, Pearson Education 最新糖心Vlog.

You are permitted to take the 2016 or 2015 edition of the CAANZ/CPA Accounting Handbook with you to the final exam for FAII, but ONLY if it has NO markings anywhere in the book or on tabs apart from your name inside the front cover and highlighting.  The Handbook may include underlining or highlighting (straight-lines only) and/or include tabs. There must be no writing or drawings on the tabs or anywhere in the text. Handbooks found to contain non-permitted information will be confiscated at the final exam and the student may be reported for academic misconduct. Be careful if you are buying a Handbook that is second hand that it has no other markings ANYWHERE in the book.***

This course includes content that has been drawn from the following sources. Students are not required to obtain copies of these texts, but those seeking to review information beyond the required resources may find the following to be useful resources:

1. Loftus, J., Leo, K. J., Wise, V., and Clark, K., (2013) Understanding 最新糖心Vlogn Accounting Standards, John Wiley and Sons 最新糖心Vlog Ltd, Milton, Queensland.
2. Henderson, S., Peirson, G., Herbohn, K., Artiach, T. and Howieson, B. (2014) Issues in Financial Accounting, 15th edition, Pearson Education 最新糖心Vlog/Prentice Hall, French’s Forrest, NSW. (ISBN 9781442561175).

Students are required to regularly access the MyUni website for this course, available at: . Important information will be provided to students on this website including online lectures, answers to self-study and workshop questions, text-book resources, on-line tests, and announcements from the lecturer. All of the resources provided to students from this website are designed to assist in student’s learning and understanding of the information covered in this course.

Lectures
Each week, students are required to either attend or listen to an online recording (available from MyUni) to a two-hour lecture. If attendance in lectures falls below a minimum threshold of approximately 40 students, future lectures at that time may be cancelled. 

Lectures provide students with an overview of the accounting issues that surround the preparation of general purpose financial statements. The lecturer will discuss conceptual issues surrounding the application of 最新糖心Vlogn accounting standards on particular topics, work through some introductory examples and refer to information found in Annual Reports prepared by companies listed on the 最新糖心Vlogn Securities Exchange (ASX). 

Lectures do not provide all of the necessary information that students are required to be familiar with in order to pass this course. It is essential that students supplement the lecture materials by reading the relevant extracts from the text books, working through examples and extending their knowledge of each topic in workshops and in their own study time. Students should prepare for each lecture by reading from the texts and reviewing the lecture material provided online in MyUni. The material covered in lectures will be discussed and extended in workshops held in the week following the lecture.

Workshops
Workshops of two hours duration will be held weekly commencing in week 1 of the semester. Workshops are an important component of student learning. The communication skills developed in workshops by regularly and actively participating in discussions are considered by the Business School to be very important and are highly regarded by employers and professional bodies.

Questions for discussion in workshops are located in the study guide for the relevant topic, which is available from MyUni. Each week, self-study and workshop questions must be attempted by students prior to attending the workshop. Answers to the self-study questions are available from MyUni for students to review prior to attending class. Attempting the self-study questions and checking the answers provides students with the opportunity to test their knowledge and understanding of the information presented in the lecture and readings. Students’ ability to complete specific workshop questions will be assessed as a component of workshop participation.

Please note that membership of workshop classes is to be finalised by the end of the second week of semester. Students wishing to swap between workshop classes after this time are required to present their case to the course coordinator, but should be aware that such a request may not be approved.

Each week throughout the semester students are expected to attend or listen online (available from MyUni) to a two-hour lecture and attend a two-hour workshop class. The 最新糖心Vlog expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that, for this course, students are expected to commit approximately 8 hours per week to private study, that is, study outside of regular class times.

Please refer to MyUni for a full summary of learning activities for Financial Accounting II

Topics covered:

1. The 最新糖心Vlogn external reporting environment and overview of financial statement presentation
2. Recognition, measurement and disclosure and the preparation of financial statements
3. Share capital and reserves
4. Share-based payment
5. Leases
6. Provisions and contingent liabilties
7. Employee benefits
8. Income taxes
9. Property, plant and equipment
10. Intangible assets
11. Impairment of assets
12. Cash flow statements
13. Other disclosures

There are four summative assessment tasks in this course:

1. Workshop participation 5%
2. Online tests 15%
3. Assignment 15%
4. Final examination 65%

Each task is designed to provide students with opportunities to demonstrate their level of comprehension and understanding of each of the topics covered in the course as well as their understanding of the overall nature and purpose of financial reporting. All of the assessment tasks for this course will contribute either individually or collectively to the satisfaction of the learning objectives for this course.

Workshop participation 5%
Workshop participation is an essential component of the learning task to be undertaken by students throughout the semester. Workshops provide students with the opportunity to interact with their tutor and fellow students to identify areas of strength and weakness in their understanding of particular topics.

Online tests 15%
Online tests provide opportunities for students to check how well they have understood the technical definitions, principles and regulations relating to financial accounting and the preparation of financial statements that have been presented to them in the lectures and required readings.

Assignment 15%
The assignment is designed to engage students in the process of locating, reading and synthesising accounting information from academic and professional sources and being able to write about a technical accounting issue.

Examination  65%
At the completion of the semester students are required to undertake a three-hour examination that will demonstrate their understanding of every topic covered in the lectures, workshops, on-line resources and other course materials.

Workshop participation
Workshop participation marks will be awarded on the basis of workshop attendance and submission of ‘satisfactory’ answers to workshop tests. Full marks for workshop attendance will be achieved if students have attended at least nine workshops and submitted ‘satisfactory’ answers to at least eight workshop questions. Each week, at the commencement of the workshop, students are required to show their tutor an original handwritten copy of their answer to at least two workshop questions (as indicated in the study guide for the topic). During the workshop, tutors will ask a series of questions on the previous week’s workshop topic to assess student’s understanding of key concepts for that topic. Written answers to the tutor’s questions will be marked in the class and then handed to the tutor for review. The answers will be deemed to be either satisfactory or unsatisfactory by the tutor on the basis of whether or not they demonstrate a thorough and reasonable understanding of the key concepts being assessed. Answers will be returned to students the workshops held in the following week.

Online tests
Students are required to complete four online tests throughout the semester. The best three scores achieved will be counted towards the students’ final grade. The tests are to be completed individually by students. Only one attempt is allowed per student for each test. Once a student has commenced a test online, they will be allowed a limited period to complete it. Details of when the tests will become available and how long students will be given to complete a test will be available on MyUni.

Assignment
Students are required to write an essay on a technical accounting issue. Details of the specific requirements of the assignment will be provided to students in a separate document available from week two.

Examination
To gain a pass for this course, a mark of at least 45% must be obtained in the final examination as well as at least 50% in total for all assessment tasks. Students not achieving the minimum exam mark will be awarded no more than 49 for their course grade.

The assessment components are as follows:

Workshop participation (all weeks) 5 %
Students are required to attend at least nine workshops and submit at least eight ‘satisfactory’ answers to workshop tests. Date and time: on-going.

Online Tests (Weeks 5, 7, 10 & 12) 15 %
Four online tests will be held throughout the semester. The best three test results will be included in the overall mark for each student. Each test may include materials covered in workshops up-to and including the week the test is held. Date and time: on-going. 

Assignment (Week 9) 15 %
Details will be provided in a separate document that will be available from week two.

Final Exam 65%
There will be a three-hour examination covering all topics.

The examination for this course is partial open book. Students are permitted to take the CPA or CAANZ Accounting Handbook, (2016 or 2015 edition only) to their examination. The Handbook may include underlining or highlighting (straight-lines only) and/or include tabs. There must be no writing or drawings on the tabs or anywhere in the text. Handbooks found to contain non-permitted information will be confiscated and the student may be reported for academic misconduct. Students in this course are not permitted to take a DICTIONARY (English or English-Foreign) into the examination. The use of a calculator that is not capable of storing text is permitted in the examination for this course.

Workshop participation
Weekly tests will be conducted and collected by the tutor in workshops.

Online tests
Tests will be available online.

Assignments
Details of submission of the Assignment will be provided in a separate document that will be available from MyUni by week 2.

If students are unable to attend workshops or complete a test or submit an assignment within the specified time due to medical or compassionate grounds they must provide appropriate documentation to the course coordinator within seven days of the workshop, test day/time or the assignment due date and an alternative time to complete the assessment will be negotiated. The nature and form of the documentation to accompany a request for an extension must be in accordance with the instructions for application for supplementary examinations for ‘medical and compassionate grounds’ located at the following website: . Students who fail to submit any piece of assessment and fail to provide adequate supporting documentation to the course coordinator will be awarded a score of zero for that component of the course assessment.