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 Financial Accounting MyUni page under Course Outline.

Students should attend the lectures and tutorials that they are enrolled in. The reason for this is to allow students in the tutorial to form a cohesive and collaborative learning environment among a consistent group of individuals. Also, marks are awarded for student attendance and engagement and it is important that each student in the group is known to the tutor and their peers.

Students may be permitted to attend an alternative class if there are exceptional and unusual circumstances for a change to be made. If such a circumstance arises, students should contact the course coordinator to discuss the best way to accommodate this.

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

1. Read and interpret Australian Accounting Standards;
2. Understand the relevance of financial accounting to internal and external stakeholders;
3. Identify and apply principles and regulations relating to financial accounting and the preparation of financial statements;
4. Apply the processes of recognition, measurement and disclosure of accounting information in the preparation of general purpose financial statements;
5. Critically analyse and interpret case information and be able to develop a convincing argument to present their views on relevant accounting issues;
6. 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 (2019) Financial Reporting Handbook 2019, 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, online MCQ quizzes, 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. If attendance in lectures falls below a minimum threshold of approximately 40 students, future physical lectures at that time may be cancelled. 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.

Tutorials
Tutorials will be held weekly and are an important component of student learning. Attendance and engagement in tutorials forms part of the formal assessment for FA.  The collaborative learning and communication skills developed in tutorials by regularly and actively engaging in the learning activiites that take place in tutorials are considered by the Business School and potential employers to be very important and are highly regarded.

Students will be notified prior to attending the tutorial which issues will form the basis for discussion. Solutions to relevant question(s) will be available on MyUni after all tutorial have been conducted.  

Learning modules, reading references and self-study questions and answers are available from MyUni for students to review prior to attending lectures and tutorials. 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. The reason for this is that it is important for all students in the class to get to know each other and form a cohesive learning group for the semester.

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 and online learning modules	1-6
Tutorial discussion	1-6

Topics covered:

1. Accounting Regulation and the Conceptual Framework 
2. Application of Accounting Theory
3. Presentation of Financial Statements and 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 Payments

Assessment Task	Due Date/Week	Weighting	Length	Learning Outcome
1. Tutorial attendance and engagement	Weekly	5%	TBA	1 - 6
2. Presentation and summary	TBA	10%	TBA	1 - 3, 5, 6
3. Online MCQ quizzes	Weeks	15%	TBA	3 - 6
4. Mid-semester test	TBA	20%	TBA	1, 3, 4, 5 & 6
5. Final examination	TBA	50%	Three hours	1, 3, 4, 5 & 6
Total		100%

Tutorial attendance and engagement
Marks will be awarded by tutors on the basis of the number of tutorials attended and level of engagement with the course materials students are able to demonstrate. Prior to attending the tutorials students are required to read, review and test their understanding of the relevant learning materials for that topic. In the tutorial there is an expectation that all students be aware of the questions that will be discussed in and be prepared to engage in this discussion. Students are required to attend and demonstrate effective engagement in a minimum of 8 tutorials to achieve full marks for this assessment task.

Presentation and summary
Students will work with one or two other students in their tutorial to make a 10 minute presentation at a specified date about an issue that will be allocated by their tutor. The presentation will be made in their tutorial and a one page summary will be submitted by 11:59pm of the day following the tutorial presentation.

Online MCQ quizzes
Students are required to complete three online tests. The tests are to be completed individually by students. Only one attempt is allowed per student. 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. Details of the specific requirements of the test will be provided to students from week two.

Examination
To gain a pass for this course, there is a hurdle requirement which states that a mark of at least 40% 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.

There are five summative assessment tasks in this course. Each task is designed to provide students with opportunities to engage with the course materials and demonstrate their level of comprehension and understanding of each of the topics covered as well as their understanding of the overall nature and purpose of financial reporting and its relevance to external stakeholders. All of the assessment tasks will contribute either individually or collectively to the satisfaction of the learning outcomes for FA.

1. Tutorial attendance and engagement 5%
It is essential that students fully engage with the course materials and all of the available learning activities for FA. An effective way to do this is to consistently interact with their fellow students and tutor in the weekly tutorials. By doing this, students can improve their understanding of each topic receive feedback about their learning progress and identify areas of strength and weakness in their understanding of particular topics and take effective action to improve where necessary.

2. Presentation and summary 10%
Presenting information to peers is commonplace in a professional workplace. This assessment task will provide an opportunity for students to practice and improve their capabilities in this form of communication.

3. Online MCQ quizzes 15%
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.

4. Mid-semester test 20%
The mid-semester test is designed to provide students with the opportunity to demonstrate their understanding of key concepts and technical accounting issues that have been discussed in lectures and tutorials and the online learning materials. Students are encouraged to practice their skills in forming an opinion or position and providing evidence to support that opinion in short answer form as well as answering technical problems that require calculations and the preparation of journal entries.

5. Final examination 50%
At the completion of the semester students are required to undertake a closed book three-hour examination that will investigate their understanding of most topics covered in the lectures, tutorials, online resources and other course materials.


Information relating to specific timing of assessment tasks and details of submission will be provided to students on MyUni by the end of week 2 of the semester. 

Tutorial attendance and engagement
Students are required to attend and be actively engaged in a minimum of 8 tutorials. 

Presentation and summary
Students, in pairs or groups of three, will make a presentation to their tutorial group and submit a one page summary to the MyUni portal by 11:59pm of the day subsequent to the presentation date.

Online MCQ quizzes
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 tutorial, 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.