Course Description

Course Name

Advanced Financial Accounting

Session: VDNS3121

Hours & Credits

18 Credit Points

Prerequisites & Language Level

Taught In English

  • There is no language prerequisite for courses at this language level.

Overview

Development of students? theoretical and technical proficiency in the advanced areas of financial accounting.

Teaching Arrangements
This paper is taught through lectures and tutorials.

Course Structure
This paper aims to develop the conceptual and technical proficiency of students in advanced aspects of financial accounting and reporting. It will build on competence already acquired in prior studies, primarily ACCT 102 (Principles of Accounting) and ACCT 211 (Financial Accounting and Reporting).

Learning Outcomes
- Understand concepts, principles, rules and procedures relating to business combinations and partnerships
- Demonstrate the technical expertise required in the preparation of consolidated financial statements for groups of companies including valuation of non-controlling interests, intra-entity transactions and complex group structures
- Understand and apply accounting concepts relating to formation, operation, termination and liquidation of partnerships

*Course content subject to change