Financial Accounting A

University of Sydney

Course Description

  • Course Name

    Financial Accounting A

  • Host University

    University of Sydney

  • Location

    Sydney, Australia

  • Area of Study

    Accounting, Business, Business Administration, Finance, Financial Management

  • Language Level

    Taught In English

  • Prerequisites

    Classes
    1x2hr lecture and 1x1hr tutorial per week
    Assessment
    Group assignment (15%), mid-semester examination (35%) and final examination (50%)
    Faculty/department permission required?
    No
    Unit of study rules
    Prerequisites and assumed knowledge
    (ACCT1001 or ACCT1005 or BUSS1030) and (ACCT1002 or ACCT1006) and (ECMT1010 or BUSS1020),

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credit Points

    6
  • Recommended U.S. Semester Credits
    4
  • Recommended U.S. Quarter Units
    6
  • Overview

    This unit examines the accounting and reporting practices of reporting entities, particularly listed public companies. Emphasis is placed on developing an understanding of, and the ability to critically evaluate, the various regulatory requirements (professional and statutory) governing financial reporting. The unit commences with an overview of the financial reporting environment and theories that seek to explain the accounting policy choices of management. This framework provides a basis for examining a range of specific issues in financial accounting. Emphasis throughout the unit is on both the application of specific accounting techniques/rules and the conceptual/theoretical issues associated with alternative accounting methods.

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.