Financial Accounting and Analysis
RMIT University Vietnam
Ho Chi Minh City, Vietnam
Area of Study
Taught In English
Knowledge of foundational accounting concepts and practices are assumed
Host University Units12
Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4.5
Hours & Credits
This course provides an introduction to technical accounting requirements, concepts & principles underlying financial accounting and uses of financial accounting information, which are necessary for you to understand, evaluate and make the best possible use of accounting information.
This introduction lays the foundation for later courses in financial accounting. Following an investigation of the accounting information system and accounting cycle, the course aims to develop your skills in analysing an organization’s financial statements to come to a reasoned conclusion about the financial condition of the organization.
Objectives/Learning Outcomes/Capability Development
On the successful completion of this course you will be able to:
- Perform accounting cycle requirements and generate financial statements.
- Evaluate the application of financial accounting concepts, principles, and procedures that govern the recording and reporting of financial information.
- Analyse, interpret and evaluate financial data and accounting information for economic decision making.
- Understand needs of the users of general purpose financial reports and appreciate the role of the social, environmental and regulatory environments in shaping the nature and content of financial reporting.
Overview of Learning Activities
In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.
Overview of Learning Resources
Various learning resources are available online through myRMIT StudiesBlackboard. These may include topic notes and slides, a study schedule, assessment details, links to relevant internet information, readings and communication tools to facilitate collaboration with your peers and sharing of information.
Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT Library website.
Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period.
Overview of Assessment
The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:
Assessment Task 1: 30%
Linked CLOs: 2
Assessment Task 2: 20%
Linked CLOs: 1
Final Exam: 50%
Linked CLOs: 1, 2, 3, 4
Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.