Site Navigation
ACCT207 Financial Accounting A
10 cp
Prerequisites ACCT100 Principles of Accounting
Teaching Organisation 4 hours per week for twelve weeks or equivalent.
This unit is designed to provide students with an understanding of the practical application of the historic cost financial accounting model, and its development from a paper-based manual activity through to a telecommunications-based data base activity. It explores the conceptual basis for accounting activities and the economic implications of applying Australian Generally Accepted Accounting Principles (GAAP) and specific accounting standards. The unit considers General Purpose Financial Reporting within the Australian Conceptual Framework (Statements of Accounting Concepts) and Australian Accounting Standards.
