USQ LogoCourse specification
The current and official versions of the course specifications are available on the web at //www.usq.edu.au/course/specification/current.
Please consult the web for updates that may occur during the year.

ACC1102 Financial Accounting

Units : 1
Faculty or Section : Faculty of Business, Education, Law and Arts
School or Department : School of Commerce

Requisites

Pre-requisite: ACC1101

Synopsis

In this course you will study the concepts and standards that underpin financial accounting and the financial reporting process. You will study a number of specific accounting standards and generally accepted accounting principles (GAAP) in this course, including accounting for assets (inventory, receivables and long-term assets, such as property, plant and equipment and intangible assets), liabilities (provisions and bonds), equity (partnerships and companies), income (revenue recognition) and expense. You will prepare financial statements for reporting entities (statement of financial position, statement of profit and loss and other comprehensive income, statement of changes in equity and statement of cash flows) and analyse the information they provide. Based on the Australian Quality Framework, the minimum Threshold Learning Outcomes for this course will be developed in the areas of Knowledge, Judgement and Application Skills.

Course offers

Semester Mode Campus
Semester 2, 2015 External
Semester 2, 2015 On-campus Fraser Coast
Semester 2, 2015 On-campus Springfield
Semester 2, 2015 On-campus Toowoomba
Semester 6, 2015 External
Semester 3, 2015 External