110109

Introductory Financial Accounting

An introduction to measurement concepts in accounting and to the preparation and presentation of financial statements and reports, including the compilation of primary financial data.

Course code

Qualifications are made up of courses. Some universities call these papers. Each course is numbered using six digits.

110109

Level

The fourth number of the course code shows the level of the course. For example, in course 219206, the fourth number is a 2, so it is a 200-level course (usually studied in the second year of full-time study).

100-level

Credits

Each course is worth a number of credits. You combine courses (credits) to meet the total number of credits needed for your qualification.

15

Subject

Accountancy

Course planning information

Course notes

The final examination will be an online supervised examination using remote invigilation. 115112 Accountancy for Business needs to be passed (pre-requisite) before enrolling in 110109, or alternatively 115112 and 110109 can be studied at the same time (co-requisite).

Prerequisite courses

Complete first
115112 or 115102 or 110100

You need to complete the above course or courses before moving onto this one.

Corequisite courses

Complete at the same time
115112 or 115102

You need to complete the corequisite course or courses listed above at the same time as doing this one.

Restrictions

Similar content
110215, 110230, 110213 (1999)

You cannot enrol in this course if you have passed (or are enrolled in) any of the course(s) above as these courses have similar content or content at a higher level.

Learning outcomes

What you will learn. Knowledge, skills and attitudes you’ll be able to show as a result of successfully finishing this course.

  • 1 Discuss the financial reporting framework for general purpose financial statements for commercial enterprises.
  • 2 Identify, measure, record and communicate the economic transactions and events of commercial enterprises' operations using fundamental accounting concepts, including the double entry accounting system.
  • 3 Apply measurement theory, and the principles and concepts of accounting, to the valuation of assets.

Learning outcomes can change before the start of the semester you are studying the course in.

Assessments

Assessment Learning outcomes assessed Weighting
Test 1 2 3 10%
Computer programmes 2 3 15%
Written Assignment 2 3 15%
Exam (centrally scheduled) 1 2 3 60%

Assessment weightings can change up to the start of the semester the course is delivered in.

You may need to take more assessments depending on where, how, and when you choose to take this course.

Explanation of assessment types

Computer programmes
Computer animation and screening, design, programming, models and other computer work.
Creative compositions
Animations, films, models, textiles, websites, and other compositions.
Exam College or GRS-based (not centrally scheduled)
An exam scheduled by a college or the Graduate Research School (GRS). The exam could be online, oral, field, practical skills, written exams or another format.
Exam (centrally scheduled)
An exam scheduled by Assessment Services (centrally) – you’ll usually be told when and where the exam is through the student portal.
Oral or performance or presentation
Debates, demonstrations, exhibitions, interviews, oral proposals, role play, speech and other performances or presentations.
Participation
You may be assessed on your participation in activities such as online fora, laboratories, debates, tutorials, exercises, seminars, and so on.
Portfolio
Creative, learning, online, narrative, photographic, written, and other portfolios.
Practical or placement
Field trips, field work, placements, seminars, workshops, voluntary work, and other activities.
Simulation
Technology-based or experience-based simulations.
Test
Laboratory, online, multi-choice, short answer, spoken, and other tests – arranged by the school.
Written assignment
Essays, group or individual projects, proposals, reports, reviews, writing exercises, and other written assignments.

Textbooks needed

Textbooks can change. We recommend you wait until at least seven weeks before the semester starts to buy your textbooks.

Compulsory

FINANCIAL ACCOUNTING: REPORTING, ANALYSIS AND DECISION MAKING, 7TH EDITION

Author
SHIRLEY CARLON, ROSINA MCALPINE, CHRISANN LEE, LORENA MITRIONE, NGAIRE KIRK, LILY WONG
ISBN
9780730395294
Edition
7TH EDITION
Publisher
JOHN WILEY & SONS AUSTRALIA LTD

ACCOUNTING: REPORTING, ANALYSIS AND DECISION MAKING, 7TH EDITION.

Author
CARLON, S., MCALPINE, R., LEE, C., MITRIONE, L., KIRK, N., & WONG, L.
ISBN
9780730391906
Edition
2021
Publisher
WILEY
Notes
this is extended version of the book listed in the study guide ISBN 9780730395294.

Campus Books stock textbooks and legislation. For more information visit Campus Books.