ACC 00145 Financial Reporting

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Builds on students' information of the underlying theoretical principles in monetary accounting; this unit focuses on coverage and disclosures of economic data through teacher-directed activities. By yielding with accounting standards, this ACC 00145 Financial Reporting unit explores current problems that inform the standard-setting method and apply specific techniques to the monetary statements.

Learning Outcomes:

• Analyze and discuss the regulative atmosphere for external monetary coverage in Australia within the context of up to date problems.
• Evaluate current problems in monetary coverage and apply accounting theories concerning the business practices of company entities.
• Critically analyze and apply chosen accounting standards and techniques concerning assets, liabilities, leases, monetary instruments, shareholders' equity, financial gain taxes, foreign currency transactions, business combos and consolidation.

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