AFM305 Advanced Financial AccountingUpdated: 14 November 2019
|Supervised Exam||There is a supervised exam at the end of the teaching period in which you are enrolled. The paper-based exam will be held at an established exam venue, and coordinated by UNE Exams Unit.|
|Restrictions||AFM311 or AFM505 or AFM541 or AFM417|
- Advanced Financial Accounting
|Coordinator(s)||Omar Al Farooque (firstname.lastname@example.org)|
In this unit students will explore advanced issues in company accounting, financial and non-financial reporting. Students will gain a broad and coherent understanding of topics that underpin accounting standards (AASBs), other regulations and statutory requirements, and disclosure by reporting entities aligned with relevant ethical perspectives. The unit places particular emphasis on accounting for group structures and the preparation of consolidated financial statements. The unit also develops students' understanding of advanced accounting issues related to equity methods of accounting for associates and joint arrangements, operating segments, construction contracts, foreign currency transactions and translating financial statements of foreign operations, financial instruments including derivatives and hedging, and corporate governance and corporate social responsibility reporting from a range of ethical and/or social issues.
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: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.
|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: