• Offered by Research School of Accounting
  • ANU College ANU College of Business and Economics
  • Classification Specialist
  • Course subject Business
  • Areas of interest Accounting, Commerce, Finance
  • Academic career Postgraduate
  • Course convener
    • Dr Ka Wai Choi
    • Dr Lijuan Zhang
    • Dr Marvin Wee
  • Mode of delivery In Person
  • Offered in First Semester 2018
    Second Semester 2018
    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 of the requirements for this course, students will be able to:

1. explain the accounting assumptions and principles underlying the financial information;

2. identify the main users of financial accounting reports, and the main purpose for which information is used;

3. understand the concepts of assets, liabilities, equity, income and expense;

4. apply accounting principles to the preparation and recording of accounting entries;

5. develop the knowledge and ability to prepare financial statements for organisations characterised by moderately complex financial transactions;

6. analyse and interpret financial statements with regard to key aspects of performance;

7. develop analytical and communication skills.

Other Information

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

Indicative Assessment

Typical assessment may include, but not restricted to class participation, assignment(s), quizzes and examination(s).

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 BUSN1002.

Specialisations

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. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
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
2018 $4080
International fee paying students
Year Fee
2018 $5400
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
2701 19 Feb 2018 27 Feb 2018 31 Mar 2018 25 May 2018 In Person

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
7678 23 Jul 2018 30 Jul 2018 31 Aug 2018 26 Oct 2018 In Person

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