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BX2011 - Foundation of Accounting Principles
| Credit points: | 3 |
| Year: | 2022 |
| Student Contribution Band: | Band 4 |
| Administered by: | College of Business, Law & Governance |
This subject provides fundamental knowledge of accounting processes, concepts and principles that underpin financial accounting. Introduction to the Conceptual Framework and accounting standards presents the role of accounting within the Australian external reporting environment. Students will apply theoretical knowledge and judgement to evaluate and assess the impact of financial accounting information in business organisations and society.
Learning Outcomes
- identify and analyse measurement systems and their relationship with the Conceptual Framework and Accounting standards;
- demonstrate the process of double entry recording in an accounting information system from transactions through to the preparation of financial reports for service and retail organisations; sole traders and partnerships;
- investigate theoretical, practical and ethical issues underlying the accounting standards with reference to accounting for non-current assets, inventories, receivables, cash and liabilities.
Subject Assessment
- Written > Examination (centrally administered) - (60%) - Individual
- Written > Test/Quiz 1 - (20%) - Individual
- Assignment - (20%) - Individual.
| Prerequisites: | BU1002 or CO1002 or CO1101 or BU1902 |
| Inadmissible Subject Combinations: |
CO1001 CO1003 |
Availabilities |
|
| Cairns, Trimester 2, Internal | |
| Census Date 23-Jun-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| JCU Brisbane, Trimester 1, Internal | |
| Census Date 10-Mar-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| JCU Brisbane, Trimester 2, Internal | |
| Census Date 23-Jun-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| JCU Brisbane, Trimester 3, Internal | |
| Census Date 06-Oct-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| JCU Singapore, Study Period 51, Internal | |
| Census Date 07-Apr-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| JCU Singapore, Study Period 52, Internal | |
| Census Date 04-Aug-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| JCU Singapore, Study Period 53, Internal | |
| Census Date 01-Dec-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| Townsville, Trimester 1, Internal | |
| Census Date 10-Mar-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| Townsville, Trimester 2, Internal | |
| Census Date 23-Jun-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| Trimester 1, External | |
| Census Date 10-Mar-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| Method of Delivery: | WWW - LearnJCU |
| Trimester 2, External | |
| Census Date 23-Jun-2022 | |
| Workload expectations: |
The student workload for this 3 credit point subject is approximately 130 hours.
|
| Method of Delivery: | WWW - LearnJCU |
Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.