UNSW Accounting Society - p l a n o u t y o u r d e g r e e a n d g i v … · 2019-06-16 ·...
Transcript of UNSW Accounting Society - p l a n o u t y o u r d e g r e e a n d g i v … · 2019-06-16 ·...
THE UNSW ACCOUNTING SOCIETY PRESENTS:
A comprehensive course guide to help youplan out your degree and give an insight into
every one of your Accounting courses.
2 0 1 9 T 2 E D I T I O N
Accounting101
CONTENTS
A C C O U N T I N G 1 0 1
RECOMMENDED COURSE STRUCTURE:
Commerce (Accounting Major)
RECOMMENDED COURSE STRUCTURE:
Commerce (Accounting and Finance Major)
4
RECOMMENDED COURSE STRUCTURE:
Commerce/Law
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3 MAJOR REQUIREMENTS
6CA CREDENTIAL REQUIREMENTS 7 - 8
INDIVIDUAL COURSE OUTLINES 9 - 159 ACCT150110 ACCT151111 ACCT252212 ACCT254213 ACCT356314 ACCT358315 ACCT3708
COMMERCE
OVERLAPPINGCOURSES:ACCT/FINS
ACCOUNTINGMAJOR
FINANCEMAJOR
MAJORREQUIREMENTS
F O R C O M M E R C E D E G R E E S A N DM A J O R S I N A C C O U N T I N G / F I N A N C E
COMMERCE FLEXIBLELE COURSES
ACCT1501ECON1203ECON1101MGMT1001
ACCT1511 (F)FINS1613 (F)INFS1602 (F)TABL1710 (F)
+8X G.E/F.E
ACCT1501ACCT1511ACCT2522ACCT2542ACCT3563
+ 3X COMMELECTIVES
FINS1612FINS1613FINS2624FINS3616
+4X COMMELECTIVES
NOTES
G.E = GeneralEducation
F.E = Free Elective
The electivessuggested herecontribute to CAaccreditation! For
more info, see page 7
Choose four from here
INFS1602MARK1012MGMT1101TABL1710
ACCT1511COMM1000ECON1102FINS1613
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Y EA R 1
Y E A R 2
Y E A R 3
T E RM 2 T E RM 3
A C C T 1 5 0 1E C O N 1 1 0 1F I N S 1 6 1 3
A C C T 1 5 1 1M G M T 1 0 0 1
G . E / F . E
E C O N 1 2 0 3I N F S 1 6 0 2
A C C T 2 5 2 2T A B L 1 7 1 0
G . E / F . E
A C C T 2 5 4 2G . E / F . EG . E / F . E
A C C T 3 5 6 3G . E / F . E
A C C T 3 5 8 3T A B L 2 7 4 1
G . E / F . E
T A B L 2 7 5 1G . E / F . EG . E / F . E
A C C T 3 7 0 8G . E / F . E
R ECOMMEND ED COUR S E OU T L I N E
T E RM 1
COMMERCE: ACCT SINGLE MAJOR
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9 gen ed units are left which can be used to pursue anothermajor/minor or be used for interest courses :)
Y E A R 1
R E C O M M E N D E D C O U R S E O U T L I N E
T E R M 1 T E R M 2 T E R M 3
Y E A R 2
ACCT1501
ECON1101
FINS1613
COMMERCE: ACCT & FINSDOUBLE MAJOR
ACCT1511
MGMT1001
INFS1602
ECON1203
FINS1612
ACCT2522
TABL1710
FINS2624
ACCT2542
G.E/F.E
G.E/F.E
ACCT3563
FINS3616
ACCT3583
TABL2741
G.E/F.E
TABL2751
FINS3XXX
FINS3XXX
ACCT3708
G.E/F.E
Y E A R 3
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Completing CA units + MGMT1001 is enough to finish an accountingmajor AND all required courses for a single commerce degree
Commerce/LawR E C O M M E N D E D C O U R S E O U T L I N E
Y E A R 1
Y E A R 2
Y E A R 3
Y E A R 4
Y E A R 5
T E R M 1 T E R M 2 T E R M 3
ACCT1501
LAWS1021
LAWS1052
ACCT1511
LAWS1061
ECON1101
LAWS1022
FINS1613
ACCT3583
LAWS1160
INFS1602
LAWS1230
MGMT1001
ACCT3708
LAWS2150
LAWS2270
LAWS3751
LAWS2351
LAWS2371
PRESCRIBED
UNIT
LAWS2383
FLEXICORE
LAWS2385
ACCT2522
ECON1203
LAWS1075
ACCT2542
LAWS1091
ACCT3563
LAWS1141
LAWS1150
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WHAT IS A CA ACCREDITATION?
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The Chartered Accountant (CA) accreditation officiallydeclares an accountant qualified to offer the full range ofaccountancy services privately and to the public. Graduates who have completed an undergraduate degreewith a major in accounting are eligible to register for the'Chartered Accountants Program' and become ProvisionalMembers, provided they have completed accredited coursesin the core knowledge areas - which will be covered in thenext page.
WHY BE A CHARTEREDACCOUNTANT?CA is the only professional accounting body in Australiaregistered as a higher education provider by the Australiangovernment. Once you complete the program, you will hold an accreditedand internationally recognised postgraduate qualification theGraduate Diploma of Chartered Accounting (GradDipCA). Visit https://www.charteredaccountantsanz.com/ for more information
CA ACCREDITATION UNITSCA COURSES: ACCT MAJOR
CA/CPA/ICCA core courses: https://www.charteredaccountantsanz.com/-/media/37a3243ae0e34ca485b05c963d86853d.ashx (2019)
https://www.cpaaustralia.com.au/ManageApplications/AccreditedCourse.mvc/AccreditedCourseDetails?
accreditedCourseId=67605344-a2d8-e711-80f5-0050569a1c9a
T1, T2, T3ST, T1, T2
T1ST, T2T1, T3T1, T3T1, T3
T1, T2, T3
ACCT1501ACCT1511ACCT2522ACCT2542ACCT3563ACCT3583ACCT3708MGMT1001
NONEACCT1501ACCT1511ACCT1511ACCT2542ACCT2522ACCT2542
NONE
OFFERINGSCOURSE PRE-REQS
REMAINING CA COURSES:COMM/COMBINED COMM COMM/LAW
The remaining CA courses you'll take depend on your degree:
ST, T1, T2, T3T1
T1, T3*T1, T2*
ST, T2, T3T1
T1, T2, T3ST, T1, T2, T3ST, T1, T2, T3
FINS1613LAWS1052LAWS1075LAWS1091TABL2751LAWS3751INFS1602ECON1101ECON1203
NONENONE
LAWS1150LAWS1150
NONE78 law uoc
NONENONENONE
OFFERINGSCOURSE PRE-REQS
ST, T1, T2, T3ST, T1, T2, T3
ST, T1, T3ST, T2, T3T1, T2, T3
ST, T1, T2, T3ST, T1, T2, T3
FINS1613TABL1710TABL2741TABL2751INFS1602ECON1101ECON1203
NONENo LAWSTABL1710TABL1710
NONENONENONE
OFFERINGSCOURSE PRE-REQS
*by request
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C L A S S O V E R V I E W S
TERM OFFERINGS:
PREREQUISITES: CLASS STRUCTURE:
OVERVIEW WHAT YOU LEARN
ASSESSMENT STRUCTURE:
A C C T 1 5 0 1T1, T2, T3
None 3.5 Contact Hours p/week ⤷ Lectures: 2 hours ⤷ Tutorials: 1.5 hours
10%: Tutorial participation15%: In-class (tutorial) quizzes25%: Mid-session test50%: Final examination
Providing an introduction to basic
concepts in accounting, and their
application for decision making by a
wide range of potential users
Basic accounting concepts Recording accounting transactionsunder balance sheetIncome statement, Ledgers
and more..
COURSE RESOURCES (TEXTBOOK) - FOR ACCT1511 TOO
Trotman, K. Carson, E., & Morgan, K., 2019 Financial Accounting: An Integrated Approach7th edition + Management Accounting Supplement 7th edition, Melbourne: ThomsonNelson ITP
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TERM OFFERINGS:
PREREQUISITES: CLASS STRUCTURE:
OVERVIEW WHAT YOU LEARN
ASSESSMENT STRUCTURE:
Summer Term, T1, T2
ACCT1501 3.0 Contact Hours p/week ⤷ Lectures: 2 hours ⤷ Tutorials: 2 hour (every two weeks)
20%: Team quizzes (once every two weeks- best 4/5),20%: Individual quiz (once every 2 weeks- best 4/5),60%: Final examination
Rounding out the fundamentals of
Accounting, reiterating what was
learnt in 1A with more in depth
understanding of financial statements
and the standards that govern them.
Basic accounting conceptsAsset and liability classificationDepreciation, cash flows, incomestatement and analysis
and more..
HARDEST CONCEPTS
Being able to complete both direct and indirect cash flow statements will take a
significant amount of time to create and draft up
Mastering T accounts, and being able to do them quickly in your head to find
the balancing journal entry.
C L A S S O V E R V I E W S
A C C T 1 5 1 1
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C L A S S O V E R V I E W S
TERM OFFERINGS:
PREREQUISITES: CLASS STRUCTURE:
ASSESSMENT STRUCTURE:
A C C T 2 5 2 2T1
ACCT1511 3.5 Contact Hours p/week ⤷ Lectures: 2 hours ⤷ Tutorials: 1.5 hours
OVERVIEW
6%: Homework preparation6%: Online quizzes28%: Mid-term examination60%: Final Examination
Providing knowledge about
management accounting, which is
used to allocate organisational
resources in an efficient and effective
way.
HARDEST CONCEPTS
Concepts introduced towards the second-half of the course are the most challenging, such
as performance evaluation and agency theory.
Also, there are usually many different applications and methods of calculations
introduced throughout the course.
It’s best to memorize these applications (and the formulas) and to really understand the
theory behind them to ensure a good performance in tests.
The design and operation of managementaccounting systems for planning andcontrolThe role of management accountingpractices in supporting effective resourcemanagement and process improvement The manner in which these practices affectand are affected by human processeswithin organisations.
and more..
WHAT YOU LEARN
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C L A S S O V E R V I E W S
TERM OFFERINGS:
PREREQUISITES: CLASS STRUCTURE:
OVERVIEW WHAT YOU LEARN
ASSESSMENT STRUCTURE:
A C C T 2 5 4 2Summer Term, T2
ACCT1511 3.5 Contact Hours p/week ⤷ Lectures: 2 hours ⤷ Tutorials: 1.5 hours
10%: Tutorial participation10%: In-tutorial quiz 1 20%: In- tutorial quiz 260%: Final examination
Intermediate financial accounting course
is intended for students who will be
involved in the preparation or use of
corporate financial reports whether as
accountants, financial executives,
auditors, financial analysts, actuaries or
legal advisors.
Complex business transactionsevents and structures
and more..
HARDEST CONCEPTS
Consolidation accounting - while tedious, you will see that the same formula of
journal entries appearing throughout the weeks, and you can only really master
them effectively through repetition and practice.
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C L A S S O V E R V I E W S
TERM OFFERINGS:
PREREQUISITES: CLASS STRUCTURE:
OVERVIEW WHAT YOU LEARN
ASSESSMENT STRUCTURE:
A C C T 3 5 6 3T1, T3
ACCT2542 3.0 Contact Hours p/week ⤷ Seminar: 3 hours
20%: Multiple choice quizzes held in class in weeks 3, 6 and 93 sets of 1x individual, 1x group
5%: individual report20%: group report
55%: Final examination
Building on ACCT2542, this diverse course
covers topical issues in financial
reporting, including sharebased
payments, extractive industries, biological
assets, impacts of culture on accounting
and more.
LeasesSharebased paymentsExtractive industries Biological assetsForeign currency transactionsDiversified operationsDerivative financial instruments
and more..
HARDEST CONCEPTS
Understand the main theories of ethics, especially self-interest maximization,
utilitarianism and Aristotelian virtue ethics, and apply these to solve particular
financial reporting issues covered in the Course.
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C L A S S O V E R V I E W S
TERM OFFERINGS:
PREREQUISITES: CLASS STRUCTURE:
OVERVIEW WHAT YOU LEARN
ASSESSMENT STRUCTURE:
A C C T 3 5 8 3T1, T3
ACCT2522 3.0 Contact Hours p/week ⤷ Seminars: 3 hours
10%: Course Preparation Assurance Test20%: Team Case Project15%: Team Case Presentation55%: Final examination
The ways in which these resources are
managed affect the ability of
organisations to deliver value to various
stakeholders, such as shareholders,
customers, employees, suppliers, the
community and the natural environment,
both in the short and long-terms.
The link between managementaccounting information and strategicissuesHow management accountinginformation facilitates:
the formulation and implementationof organisational strategy the evaluation of organisationalstrategy by focusing on fourperspectives of strategicperformance
and more..
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C L A S S O V E R V I E W S
TERM OFFERINGS:
PREREQUISITES: CLASS STRUCTURE:
OVERVIEW WHAT YOU LEARN
ASSESSMENT STRUCTURE:
A C C T 3 7 0 8T1, T3
ACCT2542 3.0 Contact Hours p/week ⤷ Seminars: 3 hours
20%: Major Assignment24%: 2 multiple choice quizzes56%: Final examination
This course examines the practice of
auditing and the underlying concepts,
auditors responsibilities and the audit
environment.
The course is intended to provide anoverview of the audit process as itexists in Australia.Both CIS and computer-assisted audittechniques are an integral part of thiscourse.
COURSE RESOURCES (TEXTBOOKS)
Gay G, and R. Simnett Auditing and Assurance Services in Australia, McGraw-Hill, 7thedition , 2017 (can be bought as eBook on McGraw-Hill)Martinov-Bennie N., Soh D. and Frohbus K., Auditing and Assurance: A Case StudiesApproach, Lexis Nexis, 7th Edition 2017
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