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MPA701 - Accounting

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 3, 2020 will be online.

Last updated: 5 October 2020

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:0.125
Previously coded as:MAA701
Unit Chair:Trimester 1: Lyu Fan
Trimester 3: Kerui Zhai
Trimester 2: Lyu Fan
Prerequisite:Nil
Corequisite:Nil
Incompatible with: MAA717, MAA761, MAA776, MAA777, MAA778
Typical study commitment:

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

Scheduled learning activities - campus:

1 x 3 hour seminar per week 

Scheduled learning activities - cloud:

Online independent and collaborative learning including 3 scheduled online workshops of 3 hours duration

Content

This unit assumes no previous specific accounting knowledge and concentrates on financial accounting with the objective of students understanding the basic principles and procedures governing what and how information is processed. This includes an analysis of financial reporting outcomes to interpret what the outcomes reveal, together with any shortcomings of processes that may impact upon the quality of information presented. Students will make use of several software tools to facilitate learning, including a commercial accounting package, as part of the learning process.

 

These are the Learning Outcomes (ULO) for this Unit
At the completion of this Unit, successful students can:

Deakin Graduate Learning Outcomes

ULO1

Explain the institutional and regulatory environment for general purpose financial reporting

GLO1: Discipline-specific knowledge and capabilities

ULO2

Evaluate the components of the conceptual framework and apply the conceptual framework to accounting decisions

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem solving

ULO3

Identify economic events and account for the associated transactions manually applying the principles of accrual accounting

GLO1: Discipline-specific knowledge and capabilities

GLO4: Critical thinking

ULO4

Evaluate the treatment of items in the financial statements and apply relevant accounting standards.

GLO1: Discipline-specific knowledge and capabilities

GLO4: Critical thinking
GLO5: Problem solving

 

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

:
Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 
Assessment 1 (Individual) - Multiple choice quiz (online) - 5% Week 5
Assessment 2 (Individual) - Report (Business) 1200 words 15% Week 7
Assessment 3 (Individual) - Case study 2000 words

20%

Week 9
Examination 2 hours 60% Exam 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

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MPA701 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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