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

5

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

3

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

4

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

5

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

6

WHAT IS A CA ACCREDITATION?

7

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

8

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

9

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

10

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

11

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.

12

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.

13

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..

14

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

15