The accounting theory and practice relevant to some of the more complicated accounting issues unique to companies.
|Paper title||Financial Accounting and Reporting|
|Teaching period||First Semester|
|Domestic Tuition Fees (NZD)||$846.30|
|International Tuition Fees (NZD)||$4,073.10|
- ACCT 102 and (BSNS 107 or BSNS 115) (each passed with a grade of at least C+)
- Schedule C
- More information link
- For further information, please email firstname.lastname@example.org.
- Teaching staff
- Mariela Carvajal
- Paper Structure
- Understand the background and purpose of the International Financial Reporting Standards (IFRS) as they are applied in New Zealand
- 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 Cash Flows, Statement of Changes in Equity and Notes to Financial Statements
- Understand some of the issues relating to non-current assets
- Understand some of the issues relating to liabilities
- Understand the nature of events after the reporting period
- Account for matters relating to shareholders' equity, and
- Understand some of the issues relating to equity investments
- Teaching Arrangements
- This paper is taught through lectures and tutorials.
- Course outline
- View the course outline for ACCT 211
Deegan, Craig and Samkin, Grant (2012). New Zealand Financial Accounting 6th edition, McGraw Hill: Australia.
Loftus, Janice; K. J. Leo (Ken J.), 1948-,; Sorin Daniliuc; Noel Boys; Belinda Luke; Hong Nee Ang; Karyn Byrnes. (2018). Financial Reporting 2nd edition, John Wiley and Sons Australia Ltd: Milton
- Graduate Attributes Emphasised
- Communication, Critical thinking, Self-motivation.
View more information about Otago's graduate attributes.
- Learning Outcomes
- 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.