• Offered by Research School of Accounting & Business Info Syst
  • ANU College ANU College of Business and Economics
  • Classification Specialist
  • Course subject Business
  • Areas of interest Accounting, Commerce, Finance
  • Academic career PGRD
  • Course convener
    • Dr Jung-wha Lee
    • Lijuan Zhang
  • Mode of delivery In Person
  • Offered in First Semester 2014
    Second Semester 2014
    See Future Offerings

This course is designed as an introductory accounting course for graduate students, and provides an introduction to the concepts underlying external financial reporting. The unit utilises a transaction-effect approach to the preparation of financial statements. The course examines the main financial statements produced by an accounting system and the process by which these statements are prepared. The course covers fundamental issues relevant to the use of accounting information as a decision aid. Contents include accounting concepts, double entry and accrual systems of accounting, financial statements preparation and analysis. There are no prerequisites that need to be satisfied. The course assumes no previous knowledge of accounting. 

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

Upon successful completion of the requirements for this course, students will be able to:

  • identify the main users of financial accounting reports, and the main purpose for which information is used;
  • distinguish between cash and accrual accounting;
  • distinguish between assets, liabilities, equity, income and expense;
  • prepare journal entries, post to ledger accounts, and calculate closing balances, prepare a trial balance, prepare adjusting, reversing and closing entries to collate corporate financial information;
  • develop the knowledge and ability to prepare Balance sheets, Income Statements, and Cash Flow Statements for organisations characterised by moderately complex financial transactions;
  • Analyse financial statements with regard to key aspects of performance.

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

  • Mid Semester Examination 30%
  • Group Assignment 10%
  • Tutorial Participation 10%
  • Final Examination 50%

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

Students taking this course are expected to commit at least 10 hours a week to completing the work. This will include 3 hours per week in class and at least 7 hours a week on average (including non-teaching weeks) on course, reading, writing and assignment work.

 

Requisite and Incompatibility

You are not able to enrol in this course if you have previously completed BUSN8181 and BUSN1002

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
3
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
1994-2003 $3234
2004 $3234
2005 $3234
2006 $3240
2007 $3240
2008 $3240
2009 $3240
2010 $3240
2011 $3240
2012 $3240
2013 $3240
2014 $3246
International fee paying students
Year Fee
1994-2003 $3234
2004 $3234
2005 $3234
2006 $3534
2007 $3618
2008 $3618
2009 $3618
2010 $3942
2011 $3942
2012 $3942
2013 $3942
2014 $3948
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
3363 17 Feb 2014 07 Mar 2014 31 Mar 2014 30 May 2014 In Person N/A

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
7360 21 Jul 2014 08 Aug 2014 31 Aug 2014 30 Oct 2014 In Person N/A

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions