| TCPA703 Financial Reporting | |
| Campus: | South Eveleigh, NSW 2015 |
| Units of Credit: | 6 |
| Prerequisite or Corequisite: | There are no prerequisites units |
| EFTSL*: | 0.125 |
| Indicative Contact Hours per Week: | 3 |
| Tuition Fee | See Tuition Fee Schedule |
| Application Date: | See Key Dates |
| Unit Overview: | |
| This unit provides extended formal academic support to students concurrently enrolled in the Financial Reporting unit of the CPA program. Financial Reporting is designed to provide students with financial reporting and business skills that are applicable in an international professional environment. The subject is based on the International Financial Reporting Standards (IFRSs), which are issued by the International Accounting Standards Board (IASB). Financial reporting provides information for corporate leadership. Accountants with financial reporting skills and knowledge provide business advice to board directors, analysts, shareholders, creditors, colleagues and other stakeholders. On completion of this subject, students should be able to explain the application and basis of selected IFRSs issued by the IASB and apply IFRSs in the preparation of general-purpose financial statements. Students are expected to explain details relating to general purpose financial statements as well as prepare general purpose financial statements for designated entities, including the exercise of professional judgment. | |
*EFTSL = Equivalent full-time study load
