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306-103 Accounting 1A | |
Note | Students who have passed VCE Accounting with a BOS mark of 44 or more out of 50 will be exempt from this subject in first semester. Students completing the Trinity College Foundation Programme accounting course will be similarly exempted if they obtain a mark of 88 or more out of 100. Such students should select another subject offered by the Faculty. Any student electing to take Accounting 1A may not subsequently avail themselves of the exemption in the event that they fail Accounting 1A. |
Credit Points | 12.5 |
HECS Band | 2 |
Coordinator | Mr J Pifko |
Semester | 1, repeat 2 (view timetable) |
Contact | Two 1-hour lectures and a 1-hour tutorial a week |
Subject Description | Topics include: the nature and purpose of accounting and accounting reports; the role of accounting information in decisions of external users; understanding basic accounting concepts and conventions; the process of capturing information in the accounting system, the use of journals, ledgers and control accounts; summarising and reporting of accounting information; basic accounting reports; and accounting for partnerships. |
Assessment | A 3-hour end-of-semester examination (80%), a practice set totalling not more than 80 pages (10%) and tutorial assessment (10%). Satisfactory completion of this subject requires a 50% pass in the exam. |
Search : Index : Faculty of Economics and Commerce : Accounting and Finance
Prev 306-102 Accounting Concepts
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