MAA261 - Financial Accounting

Year:

2025 unit information

Enrolment modes: Trimester 1: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online
Trimester 2: Burwood (Melbourne), Online
Trimester 3: Burwood (Melbourne), Online
Credit point(s): 1
Previously coded as: MAA203
EFTSL value: 0.125
Cohort rule: Nil
Prerequisite:

MAA103

Corequisite: Nil
Incompatible with: MAA203
Study commitment

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Scheduled learning activities - campus

1 x 3 hour on-campus seminar each week.

Scheduled learning activities - online

1 x 3 hour online seminar (recordings provided) each week.

Content

This unit builds on introductory accounting knowledge and is designed to give students a detailed understanding of financial reporting concepts. Students should have a sound knowledge of the recording process before undertaking this unit. In this unit students will learn how to evaluate and apply key accounting standards in the preparation of financial reports. In particular you will learn the importance of financial information in supporting effective business decisions. The skills gained in the unit will be able to be used in numerous business situations.

Hurdle requirement

Hurdle requirement: Submit Assessment 1 (computerised accounting) to evidence digital literacy and achieve at least 50% of the marks available on the examination to evidence a minimum proficiency in the aligned accounting discipline learning outcomes included in this unit.

Unit Fee Information

Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

Estimate your fees

For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.