MAA716 - Financial Accounting

Year: 2019 unit information
Enrolment modes: Trimester 1: Burwood (Melbourne), Cloud (online)
Trimester 2: Burwood (Melbourne), Cloud (online)
Trimester 3: Burwood (Melbourne), Cloud (online)
Credit point(s): 1
EFTSL value:


Unit chair:

Wen Qu (Trimester 1), Sutha Kanapathippillai (Trimester 2), Samuel Cheung (Trimester 3)



Prerequisite for M502, M507, M600, M607, M701, M731, M751 students: MPA702 or MPA751/MPR751/MPT751

Corequisite: Nil
Incompatible with: MAA702, MAA718, MAA777
Contact hours:

Campus: 1 x 3 hour seminar per week

Cloud (online): Online independent and collaborative learning including 3 scheduled online workshops of 3 hours duration


This unit builds on introductory accounting that was developed in MPA701 Accounting. The focus of this unit is on gaining an understanding of the regulatory and conceptual frameworks which underpin accounting for corporate entities. Understanding these frameworks and accounting standards ensures that the logic behind existing accounting rules and possible alternative approaches can be understood leading to a deeper understanding of what accounting is trying to achieve.


Assessment 1: Written assignment (Individual) 2,000 words 20%

Assessment 2: Assignment (Individual) 1,000 words 20%

Examination: (2-hours) 60%

Hurdle requirement: achieve at least 50% of the marks available on the examination

Unit Fee Information

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