MAA716 - Financial Accounting
Unit details
Year | 2025 unit information |
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Enrolment modes: | Trimester 1: Burwood (Melbourne), Online Trimester 2: Burwood (Melbourne), Online |
Credit point(s): | 1 |
EFTSL value: | 0.125 |
Unit Chair: | Trimester 1: Sutha Kanapathippillai Trimester 2: Sutha Kanapathippillai |
Prerequisite: | MAA701 |
Corequisite: | Nil |
Incompatible with: | MAA718, MAA777 |
Educator-facilitated (scheduled) learning activities - on-campus unit enrolment: | 1 x 3 hour on-campus seminar (recordings provided) each week |
Educator-facilitated (scheduled) learning activities - online unit enrolment: | 1 x 2 hour online seminar (recordings provided) in weeks 2, 4, 6, 8 and 10 |
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. |
Content
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.
Learning Outcomes
ULO | These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can: | Alignment to Deakin Graduate Learning Outcomes (GLOs) |
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ULO1 | Explain, discuss and integrate the technical and theoretical knowledge about the regulatory environment relating to Australian corporate accounting and reporting; and apply the relevant concepts to "real" situations. | GLO1: Discipline-specific knowledge and capabilities |
ULO2 | Identify, discuss, evaluate and apply the relevant accounting standards relating to definition, recognition, measurement and disclosure requirements of accounting elements, assets, liabilities, equity, income and expenses. | GLO1: Discipline-specific knowledge and capabilities |
ULO3 | Explain, discuss and evaluate the issues involved in accounting for investment in subsidiaries; and apply this knowledge in preparing group accounts. | GLO1: Discipline-specific knowledge and capabilities |
ULO4 | Apply the appropriate technical and theoretical knowledge in preparing consolidated financial statements by making reference to relevant accounting standards. | GLO1: Discipline-specific knowledge and capabilities |
Assessment
Assessment description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
---|---|---|---|
Assessment 1: (Individual) Case Study: Part A: (Individual) Report (Research) Part B: (Individual) Data Analysis | Part A: 1000 words | Part A: 10% | Week 6 |
Assessment 2: (Individual) Case Study: Data analysis with Written Report (Business) | 1500 words + worksheet | 20% | Week 11 |
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 discipline learning outcomes included in this unit
Learning resource
The texts and reading list for MAA716 can be found via the University Library.
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
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.