• 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 PGRD
  • Course convener
    • Dr Lijuan Zhang
    • Dr Stanley Choi
  • Mode of delivery In Person
  • Offered in First Semester 2022
    Second Semester 2022
    See Future Offerings

This course involves on campus teaching. For students unable to come to campus there will be a remote option. See the Class Summary for more details.

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:

  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

Indicative Assessment

  1. Typical assessment may include, but not restricted to class participation, assignment(s), quizzes and examination(s). (null) [LO null]

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.

 

Inherent Requirements

Not applicable

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.  

Commonwealth Support (CSP) Students
If you 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). More information about your student contribution amount for each course at Fees

Student Contribution Band:
34
Unit value:
6 units

If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found 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
International fee paying students
Year Fee
2022 $5700
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
2283 21 Feb 2022 28 Feb 2022 31 Mar 2022 27 May 2022 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
5272 25 Jul 2022 01 Aug 2022 31 Aug 2022 28 Oct 2022 In Person N/A

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