AFM101 Introduction to Financial AccountingUpdated: 22 May 2018
Intensive schools are for students enrolled in Online Mode only, unless specified in the notes.
There is a UNE Supervised Examination held at the end of the teaching period in which you are enrolled.
|Restrictions||AFM217 or AFM317|
For Trimester 1 and 2 Only: This unit has an Online Examination option. See assessment information for further details.
For Trimester 3 Only: In Trimester 3 2018 this unit will pilot a guided self-paced approach which will allow students to submit assessment tasks at any time up until the end of Trimester 1 2019. Students should consider whether they need to complete this unit in Trimester 3 in order to satisfy prerequisites for units they intend to study in Trimester 1. Students wishing to sit a hard copy exam in person at an established examination centre may do so during the exam period in T3 2018 or T1 2019. Alternatively, students may sit an online supervised exam via webcam and screen sharing technology at any time up until the end of Trimester 1 2019. See assessment information for further details.
This unit provides a comprehensive introduction to the theory and practice of financial accounting. The unit provides a detailed explanation of the double entry framework used to represent the activities and affairs of businesses/firms in monetary terms. The conventional rules to recognise and measure the financial effects of economic events are examined. Attention is given to the design and operation of procedures to record, store, control and summarise data in accounting systems.
Where calculators are permitted in examinations, it must be selected from an approved list, which can be accessed from the Further Information link below.
Note: Recommended material is held in the University Library - purchase is optional
|Disclaimer||Unit information may be subject to change prior to commencement of the teaching period.|
|Learning Outcomes (LO)||
Upon completion of this unit, students will be able to: