Overview
A foundation for further studies in accounts preparation. Examines underlying concepts, principles and techniques of financial accounting and reporting.
This paper is designed as a pre-requisite for students wanting to continue into 200-level accounting courses. It reviews the basic concepts, principles and techniques of financial accounting. Its focus is on preparing financial statements using the double entry system. This enables a deeper examination and evaluation of basic financial reports than was possible in BSNS 115. Further, this offers an introduction to some of the current issues relating to accounting and accountability.
About this paper
| Paper title | Principles of Accounting |
|---|---|
| Subject | Accounting |
| EFTS | 0.15 |
| Points | 18 points |
| Teaching period(s) | Semester 1
(On campus)
Semester 2 (On campus) |
| Domestic Tuition Fees ( NZD ) | $1,053.30 |
| International Tuition Fees | Tuition Fees for international students are elsewhere on this website. |
- Prerequisite
- BSNS 107 or BSNS 115
- Schedule C
- Commerce
- Contact
- More information link
- For further information, please email accountancyfinance@otago.ac.nz.
- Teaching staff
- Teaching Arrangements
- This paper is taught through lectures and tutorials and computer labs.
- Textbooks
Recommended:
Carlon, S., McAlpine, R., Lee, C., Mitrione, L., Kirk, N., and Wong, L. (2019). Financial accounting: Reporting, analysis and decision making. 6th Edition. Wiley & Sons Australia.
Marshall, D., McCartney, J., van Rhyn, D., McManus, W., and Viele, D. (2010). Accounting: What the numbers mean. 2nd Edition. McGraw Hill Australia.
Hoggett, J., Medlin, J., Chalmers, K., Beattie, C., Hellmann, A., and Maxfield J. (2018). Accounting. 10th Edition. Wiley & Sons Australia.
Birt, J., Chalmers, K., Maloney, S., Brooks, A., and Oliver J. (2017). Accounting: Business reporting for decision making. 6th Edition. Wiley & Sons Australia.
- Course outline
- View the most recent Course Outline
- Graduate Attributes Emphasised
- Self-motivation.
View more information about Otago's graduate attributes. - Learning Outcomes
- To explore some current conceptual issues relating to accounting, including ethics and issues of responsibility
- To introduce the legislative and professional environment with respect to accounting in New Zealand
- To learn double-entry accounting techniques and to translate business activities into a full set of financial reports
- To continue developing an understanding of what the basic financial reports communicate to readers and how basic financial reports are used in business
- To gain skills in independent research and team presentations
Timetable
Overview
A foundation for further studies in accounts preparation. Examines underlying concepts, principles and techniques of financial accounting and reporting.
This paper is designed as a prerequisite for students wanting to continue into 200-level accounting courses. It reviews the basic concepts, principles and techniques of financial accounting. Its focus is on preparing financial statements using the double-entry system. This enables a deeper examination and evaluation of basic financial reports than was possible in BSNS 115. Further, this offers an introduction to some of the current issues relating to accounting and accountability.
About this paper
| Paper title | Principles of Accounting |
|---|---|
| Subject | Accounting |
| EFTS | 0.15 |
| Points | 18 points |
| Teaching period(s) | Semester 1
(On campus)
Semester 2 (On campus) |
| Domestic Tuition Fees | Tuition Fees for 2027 have not yet been set |
| International Tuition Fees | Tuition Fees for international students are elsewhere on this website. |
- Prerequisite
- BSNS 107 or BSNS 115
- Schedule C
- Commerce
- Contact
Semester 1: mariela.carvajal@otago.ac.nz
Semester 2: frederico.botafogo@otago.ac.nz
- More information link
- For further information, please contact accountancyfinance@otago.ac.nz.
- Teaching staff
Semester 1: Dr Mariela Carvajal-Gallardo
Semester 2: Dr Frederico Botafogo
- Teaching Arrangements
- This paper is taught through lectures, tutorials and computer labs.
- Textbooks
Recommended:
- Carlon, S., McAlpine, R., Lee, C., Mitrione, L., Kirk, N., and Wong, L. (2019). Financial accounting: Reporting, analysis and decision making. 6th Edition. Wiley & Sons Australia.
- Marshall, D., McCartney, J., van Rhyn, D., McManus, W., and Viele, D. (2010). Accounting: What the numbers mean. 2nd Edition. McGraw-Hill Australia.
- Hoggett, J., Medlin, J., Chalmers, K., Beattie, C., Hellmann, A., and Maxfield, J. (2018). Accounting. 10th Edition. Wiley & Sons Australia.
- Birt, J., Chalmers, K., Maloney, S., Brooks, A., and Oliver, J. (2017). Accounting: Business reporting for decision making. 6th Edition. Wiley & Sons Australia.
- Course outline
- View the most recent Course Outline.
- Graduate Attributes Emphasised
- Self-motivation.
View more information about Otago's graduate attributes. - Learning Outcomes
Students who successfully complete this paper will be able to:
- Explore some current conceptual issues relating to accounting, including ethics and issues of responsibility
- Introduce the legislative and professional environment with respect to accounting in New Zealand
- Learn double-entry accounting techniques and to translate business activities into a full set of financial reports
- Continue developing an understanding of what the basic financial reports communicate to readers and how basic financial reports are used in business
- Gain skills in independent research and team presentations