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ACCT211 Financial Accounting and Reporting

The accounting theory and practice relevant to some of the more complicated accounting issues unique to companies.

Paper title Financial Accounting and Reporting
Paper code ACCT211
Subject Accounting
EFTS 0.1500
Points 18 points
Teaching period First Semester
Domestic Tuition Fees (NZD) $813.45
International Tuition Fees Tuition Fees for international students are elsewhere on this website.

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Prerequisite
ACCT 102 and (BSNS 107 or BSNS 115) (each passed with a grade of at least C+)
Schedule C
Commerce
Contact
mariela.carvajal@otago.ac.nz
Teaching staff
Mariela Carvajal - Gallardo
Paper Structure
  • Explain the purpose and describe the main components of financial statements
  • Understand the overall principles and other considerations relating to the presentation of a statement of financial position (balance sheet), statement of comprehensive income (income statement), statement of changes in equity and notes to financial statements
  • Prepare a statement of cash flows
  • Explain and apply the revenue recognition criteria
  • Understand how to measure property, plant and equipment including the cost model and the revaluation model
  • Account for matters relating to shareholders' equity
  • Understand the nature of and account for a business combination
  • Prepare consolidated financial statements
Teaching Arrangements
This paper is taught through lectures and workshops.
Textbooks
Custom ACCT 211 Text Book ISBN: 9781119922018
Course outline
View the course outline for ACCT 211
Graduate Attributes Emphasised
Communication, Critical thinking, Self-motivation.
View more information about Otago's graduate attributes.
Learning Outcomes
  • Understand the background and purpose of the International Accounting Standards Board (IASB)
  • Be able to think logically and critically and to make well-reasoned decisions using advanced problem-solving skills
  • Understand the nature of business through advanced knowledge in at least one major subject area plus an integrated awareness of all major business functions
  • Understand the cultural, legal, social and environmental factors that affect, and are affected by, business operations
  • Be able to demonstrate leadership while working constructively, cooperatively and respectfully with others
  • Understand the ethical consequences of business decisions
  • Communicate effectively within a range of contexts

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Timetable

First Semester

Location
Dunedin
Teaching method
This paper is taught On Campus
Learning management system
Blackboard

Lecture

Stream Days Times Weeks
Attend
L1 Monday 13:00-13:50 9-15, 17-22
Tuesday 12:00-12:50 9-15, 18-22
Friday 12:00-12:50 9-14, 17-22

Tutorial

Stream Days Times Weeks
Attend one stream from
T1 Wednesday 10:00-10:50 10-15, 17-22
T2 Wednesday 11:00-11:50 10-15, 17-22
T3 Wednesday 13:00-13:50 10-15, 17-22
T4 Wednesday 16:00-16:50 10-15, 17-22
T5 Thursday 10:00-10:50 10-15, 17-22
T6 Thursday 12:00-12:50 10-15, 17-22
T7 Thursday 13:00-13:50 10-15, 17-22
T8 Thursday 16:00-16:50 10-15, 17-22

The accounting theory and practice relevant to some of the more complicated accounting issues unique to companies.

Paper title Financial Accounting and Reporting
Paper code ACCT211
Subject Accounting
EFTS 0.1500
Points 18 points
Teaching period First Semester
Domestic Tuition Fees Tuition Fees for 2018 have not yet been set
International Tuition Fees Tuition Fees for international students are elsewhere on this website.

^ Top of page

Prerequisite
ACCT 102 and (BSNS 107 or BSNS 115) (each passed with a grade of at least C+)
Schedule C
Commerce
Contact
mariela.carvajal@otago.ac.nz
Teaching staff
Mariela Carvajal-Gallardo
Learning Outcomes
  • Understand the background and purpose of the International Accounting Standards Board (IASB)
  • Be able to think logically and critically and to make well-reasoned decisions using advanced problem-solving skills
  • Understand the nature of business through advanced knowledge in at least one major subject area, plus an integrated awareness of all major business functions
  • Understand the cultural, legal, social and environmental factors that affect, and are affected by, business operations
  • Be able to demonstrate leadership while working constructively, cooperatively and respectfully with others
  • Understand the ethical consequences of business decisions
  • Communicate effectively within a range of contexts
Course outline
View the course outline for ACCT 211
Graduate Attributes Emphasised
Communication, Critical thinking, Self-motivation.
View more information about Otago's graduate attributes.
Paper Structure
  • Explain the purpose and describe the main components of financial statements
  • Understand the overall principles and other considerations relating to the presentation of a statement of financial position (balance sheet), statement of comprehensive income (income statement), statement of changes in equity and notes to financial statements
  • Prepare a statement of cash flows
  • Explain and apply the revenue recognition criteria
  • Understand how to measure property, plant and equipment, including the cost model and the revaluation model
  • Account for matters relating to shareholders' equity
  • Understand the nature of and account for a business combination
  • Prepare consolidated financial statements
Teaching Arrangements
This paper is taught through lectures and workshops.
Textbooks
Custom ACCT 211 Textbook ISBN: 9781119922018

^ Top of page

Timetable

First Semester

Location
Dunedin
Teaching method
This paper is taught On Campus
Learning management system
Blackboard

Lecture

Stream Days Times Weeks
Attend
L1 Monday 12:00-12:50 9-13, 15-22
Tuesday 12:00-12:50 9-13, 15-22
Friday 12:00-12:50 9-12, 15-22

Tutorial

Stream Days Times Weeks
Attend one stream from
T1 Wednesday 10:00-10:50 9-13, 15-16, 18-22
T2 Wednesday 11:00-11:50 9-13, 15-16, 18-22
T3 Wednesday 13:00-13:50 9-13, 15-16, 18-22
T4 Wednesday 16:00-16:50 9-13, 15-16, 18-22
T5 Thursday 10:00-10:50 10-13, 15-22
T6 Thursday 12:00-12:50 10-13, 15-22
T7 Thursday 13:00-13:50 10-13, 15-22
T8 Thursday 16:00-16:50 10-13, 15-22