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ACT305 - Corporate Accounting

2023

Sector

Higher Education

Discipline

Accounting and Finance

Credit Points

Equivalent Units

(CMA305)

Prerequisites

Must have passed 1 unit in (ACT204, CMA204)

Incompatible

Assumed Knowledge

Unit Description

This unit examines issues in financial accounting, particularly related to companies. It involves the study of accounting for share and debt issues, preparation of company financial accounting reports in compliance with current legislation, stock exchange listing rules and Australian accounting standards. This includes preparation of consolidated accounts and the equity method of accounting for investments and joint ventures, accounting for liquidations, for capital reorganisation and reconstruction and accounting for the extractive industries.

Text Book

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Unit Learning Outcomes

1.	Develop company financial statements in compliance with legal and professional requirements.
2.	Analyse and record accounting entries for capital acquisitions, liquidations, consolidations and investments.
3.	Demonstrate an understanding of the accounting requirements for a corporate group and familiarity with the theory underlying the methods used to account for inter-company investments.
4.	Analyse and account for the unique accounting issues posed by the extractive industries.

Assessment Overview

	Assessment Task	Value (of total mark)	Related Learning Outcome/s
1.	Weekly Online Quiz (10 multiple choice questions, weeks 1 to 10)	20%	1,2,3
2.	Written Assignment - Short answer and practical application questions (1500-3000 words)	20%	1,2,3,4
3.	Final Exam (closed book, 3 hours)	60%	2,3,4

Unit Availability

Year	Semester	Att Mode	Location	Learning Method	Timetable*
2023	Semester 1	Internal	CDU Waterfront Darwin	OLR	View
2023	Semester 1	External	External Studies	OLR	View
2023	Semester 2	Internal	CDU Waterfront Darwin	OLR
2023	Semester 2	External	External Studies	OLR

* Timetable will be displayed in new tab or window depending on your browser's configuration; ensure Pop-ups are allowed for this site to view the timetable.

OLR: Internet access is required for this unit as students are required to access study materials provided on-line through Learnline. Please log into Learnline on the first day of each teaching period. For more information about Learnline, please click here.

Critical Dates

Important Dates for Students

Fee Information:
Fees and Payments
Student Services and Amenities Fees
2023 Domestic Unit Fees (PDF)