成人大片

Course co-ordinator: Dr Lisa Powell
Location: Room 13.22, 10 Pulteney St
Telephone: 8313 0103
Email: lisa.powell@adelaide.edu.au

A schedule of key dates is available from the FAII MyUni page under Course Outline.

Each week students should view and participate in whatever online learning activities that are available for the relevent topic. Each week, students are expected to attend in person a two hour lecture and a one hour tutorial. Students must attend the tutorial that they are enrolled in. Students will only be allowed to attend an alternative tutorial under exceptional and unusual circumstances and with the permission of the course coordinator. Students who attend an alternative tutorial without permission from the course coordinator will be required to leave.

On successful completion of this course, students will be able to:

1. Read and interpret Australian Accounting Standards;
2. Identify and apply principles and regulations relating to financial accounting and the preparation of financial statements;
3. Apply the processes of recognition, measurement and disclosure of accounting information in the preparation of general purpose financial statements;
4. Critically analyse and interpret case information and be able to develop a convincing argument to present their views on relevant accounting issues;
5. Work either individually or in a group to solve problems and communicate understanding of issues relating to the preparation of financial statements.

Text Books

1. Loftus, J., Leo, K., Daniliuc, N.B., Luke, B., Hong, N.a., and Byrnes, K., 2018, Financial Reporting, 2nd Edition, John Wiley and Sons Australia Ltd, Milton, Queensland.
2. CAANZ (2018) Financial Reporting Handbook 2018, John Wiley and Sons Australia Ltd, Milton, Queensland.

This course includes content that has been drawn from the following sources. Students are not required to obtain copies of these texts, but those seeking to review information beyond the required resources may find the following to be useful resources:

1. Henderson, S., Peirson, G., Herbohn, K., Artiach, T. and Howieson, B., 2017, Issues in Financial Accounting, 16th edition, Pearson Education Australia/Prentice Hall, French’s Forrest, NSW.
2. Leo, K. J., Knapp, J., McGowan, S. C., and Sweeting, J. W., 2015, Company Accounting, 10th Edition, John Wiley and Sons Australia Ltd,
   Milton, Queensland.

Students are required to regularly access the MyUni website for this course, available at: . Important information will be provided to students on this website including online lectures, answers to self-study questions, text-book resources, on-line tests, and announcements from the lecturer. All of the resources provided to students from this website are designed to assist in student’s learning and understanding of the information covered in this course.

Online Learning Modules
The primary learning activity for understanding the content of each topic are the online learning modules.  These modules provide an overview of the accounting issues that surround the preparation of general purpose financial statements. Each module will explain key tems used when accounting for particular events and transactions and discuss conceptual issues surrounding the application of Australian accounting standards. The modules will also refer to information found in Annual Reports prepared by companies listed on the Australian Securities Exchange (ASX).  

Please note that the online modules provide an overview or summary of each topic. They do not provide all of the necessary information that students are required to be familiar with in order to pass this course. It is essential that students supplement the materials by reading the relevant extracts from the text books, working through examples and extending their knowledge of each topic in lectures, tutorials and in their own study time. 

Students must complete each relevant online learning module before attending or listening to the weekly lecture on a speicific topic.

Lectures
Each week, students are required to either attend or listen to an online recording (available from MyUni) of the two-hour lecture. The focus of the lecture will be to provide examples for students to work thought with assistance from the lecturer, and to allow for presentations by guest lecturers.

Students should prepare for each lecture by completing the online learning module, reading from the text(s) and reviewing the material provided in MyUni. The material covered in lectures will be discussed and extended in tutorials held in the week following the lecture.

If attendance in lectures falls below a minimum threshold of approximately 40 students, future lectures at that time may be cancelled. 

Tutorials
Tutorials will be held weekly and are an important component of student learning. The communication skills developed in tutorials by regularly and actively participating in discussions are considered by the Business School to be very important and are highly regarded by employers and professional bodies.

One or more questions are distributed in teh tutorial for completion and discussion. The solutions to the question(s) will then be discussed by the tutor, together with relevant issues linked to the topic.

Self-study questions and answers are available from MyUni for students to review prior to attending class. Attempting the self-study questions and checking the answers provides students with the opportunity to test their knowledge and understanding of the information presented in the online module, lecture and readings.

Please note that membership of tutorial classes is to be finalised by the end of the second week of semester. Students wishing to swap between tutorial classes after this time are required to present their case to the course coordinator, but should be aware that such a request may not be approved.

Each week throughout the semester students are expected to attend or listen online (available from MyUni) to a two hour lecture and attend a one hour tutorial. The University expects full-time students (i.e. those taking 12 units per semester) to have a Student Workload of 156 hours for each 3 Units of the Course (Coursework Academic Programs Policy, s 2(a)(iv), Effective 1 January 2018). This means that students are expected to commit an average of 8 hours per week for 15 weeks to private study, that is, in addition to time spent attending or viewing lectures and tutorials.

Please refer to MyUni for a full summary of learning activities for Financial Accounting II

Teaching and Learning Activity	Learning Outcomes
Lectures	1-5
Tutorial discussion	1-5
Articulate storyline modules	1-5

Topics covered:

1. The Australian external reporting environment and overview of financial statement presentation
2. Recognition, measurement and disclosure and the preparation of financial statements
3. Other disclosures
4. Leases
5. Provisions and contingent liabilties
6. Employee benefits
7. Income taxes
8. Property, plant and equipment
9. Intangible assets
10. Impairment of assets
11. Cash flow statements
12. Share-based payment

Assessment Task	Due Date/Week	Weighting	Length	Learning Outcome
Online tests	On-going	15%	TBA	2,3,4,5
Mid-semester test	TBA	15%	TBA	1,2,3,4,5
Final exam	Week 14	70%	Three hours	1,2,3,4,5
Total		100%

There are three summative assessment tasks in this course. Each task is designed to provide students with opportunities to demonstrate their level of comprehension and understanding of each of the topics covered
in the course as well as their understanding of the overall nature and purpose of financial reporting. All of the assessment tasks for this course will contribute either individually or collectively to the satisfaction of the learning objectives for this course.
 
Online tests
Students are required to complete three online tests throughout the semester. Online tests provide opportunities for students to check how well they have understood the technical definitions, principles and regulations relating to financial accounting and the preparation of financial statements that have been presented to them in the lectures and required readings.

The tests are to be completed individually by students. Only one attempt is allowed per student for each test. Once a student has commenced a test online, they will be allowed a limited period to complete it. Details of when the tests will become available and how long students will be given to complete a test will be available on MyUni.

Mid-semester test
Students are required to answer questions about technical accounting issues in a manner that demonstrates their understanding of those issues. This test is designed to provide students with the opportunity to demonstrate their understanding of key concepts and tecnical accounting issues that have been discussed in lectures and workshops. Students are encouraged in tutorials to practice their skills in forming an opinion or position and providing evidence to support that opinion in short answer form as required in the test.

Examination
At the completion of the semester students are required to undertake a closed book three-hour examination that will demonstrate their understanding of every topic covered in the lectures, workshops, on-line resources and other course materials.To gain a pass for this course, a mark of at least 45% must be obtained in the final examination as well as at least 50% in total for all assessment tasks. Students not achieving the minimum exam mark will be awarded no more than 49 for their course grade.

The assessment components are as follows:

Online Tests (TBA) (15%)
Two online tests will be held throughout the semester. The test results will be included in the overall mark for each student. Each test may include materials covered in workshops up-to and including the week the test is held. Date and time: on-going. 

Mid semester test (TBA) (15%)
Details will be provided from week two.

Final Exam (70%)
There will be a three-hour examination covering all topics.

Online tests
Tests will be available online.

Mid semester test
Details of the mid semester test will be available from MyUni by week 2.

If students are unable to complete a test within the specified time due to medical or compassionate grounds they must provide appropriate documentation to the course coordinator within seven days of the workshop, test day/time and an alternative time to complete the assessment will be negotiated. The nature and form of the documentation to accompany a request for an extension must be in accordance with the instructions for application for supplementary examinations for ‘medical and compassionate grounds’ located at the following website: . Students who fail to submit any piece of assessment and fail to provide adequate supporting documentation to the course coordinator will be awarded a score of zero for that component of the course assessment.

Feedback from students in previous offerings of Financial Accounting II have indicated that it is necessary to have a solid foundation in the pre-requisite accounting knowledge acquired in previous accounting courses to succeed in this course. It is also very important to keep up to date in accessing and completing all of the relevant learning resources that are available in this course throughout the semester.

There are a range of learning resources available that cater for a range of different learning styles. Please review these materials and select those that most effectively suit your personal learning style. If you find you are falling behind in your learning, contact your tutor or the lecturer for additional support.