MAA363 - Corporate Accounting

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Online
Trimester 2: Burwood (Melbourne), Online
Trimester 3: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:MAA260
Unit Chair:Trimester 1: Li Liu
Trimester 2: Cecilia Hu
Trimester 3: Samuel Cheung
Prerequisite:

MAA103, MAA261

Corequisite:Nil
Incompatible with: MAA260
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 3 hour on-campus seminar each week 

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 3 hour online seminar (recordings provided) each week

Content

This unit focuses on Australian financial reporting within the international accounting environment, with the aim to provide a broad context for understanding corporate reporting issues. Issues to be examined include recognition and measurement of assets, liabilities, equity income and expenses; the processes for accounting for investments in subsidiaries in Australian financial reporting; and the form and content of published financial reports.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Apply International Financial Reporting Standards (IFRSs) or equivalent Australian accounting standards (AASB) to record transactions and other events, and prepare for financial statements and related disclosures.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO2

Solve problems related to group entities and specialised transactions, leading to the preparation of consolidated general purpose financial statements, in accordance with IFRSs and other relevant national standards (e.g., AASB). 

GLO1: Discipline-specific knowledge and capabilities
GLO5: Problem solving

ULO3

Interpret financial and non-financial information from financial reports, sustainability reports, integrated reports and extended external reporting to assist for ethical and responsible decision making. 

GLO1: Discipline-specific knowledge and capabilities
GLO5: Problem solving
GLO8: Global citizenship

ULO4

Critically apply theoretical principles (accounting theory) in explaining and evaluating underlying accounting practices. 

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO5

Discuss current national and international developments in corporate reporting reflecting financial, social, environmental, ethical, and regulatory perspectives. 

GLO1: Discipline-specific knowledge and capabilities
GLO8: Global citizenship

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week

Assessment 1: (Individual)  

Part A: Written Reflection (self)
Part B: Case study: Data analysis and financial reporting

Part A: 1000 words + worksheets
Part B: 500 words + worksheets

Part A: 10%
Part B: 15%

Week 6

Assessment 2: (Individual) Case Study: Data analysis and financial reporting 500 words 15% Week 9
Examination - Specified Resources 2 hours 60% End-of-unit assessment period 

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Hurdle requirement

Hurdle requirement: achieve at least 50% of the marks available on the examination to evidence a minimum proficiency in the aligned accounting discipline learning outcomes included in this unit. 

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MAA363 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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