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MAA261 - Financial Accounting

Unit details

Year2018 unit information
Enrolment modes:Trimester 1: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Cloud (online)
Trimester 2: Burwood (Melbourne), Cloud (online)
Trimester 3: Burwood (Melbourne), Cloud (online)
Credit point(s):1
Previously coded as:


EFTSL value:0.125
Cohort rule:Nil
Unit chair:

Elka Johansson (Trimester 1), Tracey McDowall (Trimester 2)





Incompatible with:

MAA102, MAA203

Contact hours:

Campus*: 1 x 2 hour class, 1 x 1 hour seminar per week

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


*For Warrnambool on campus offering T1 2017 only, there will be a converged mode of delivery using CloudDeakin and face-to-face workshops.  More details will be available on the unit Cloud (online) site


The unit examines the financial accounting 'cycle', from the recording of relevant transactions through to the preparation of financial statements.


Assessment 1 (Group of 4) - Written evaluation and interpretation of an accounting cycle in a business situation (2000 words) - 20%

Assessment 2 (Individual) - A Case study to:

-manually prepare a complete set of accounting records and financial statements using the given events and transactions

-computerise the same events and transactions using XERO program and submit the financial statements

- self- reflect about student's learning experience in an e-portfolio (equivalent to 2000 words) - 20%

Examination (2 hours) - 60%

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

It is required that students also complete the recording of randomly selected transactions.




Unit Fee Information

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