ACC1100 · Monash University
Introduction to financial accounting
- Credit points
- 6
- Level
- 1
- Workload
- ≈ 12 h / week
- Faculty
- Business and Economics
What it covers
This unit introduces you to fundamental accounting concepts and rules to provide a foundation for further study within the accounting discipline. Emphasis is placed on developing meaningful understanding of both accounting terminology and technical rules for recording, guided by the Conceptual Framework and selected Accounting Standards. Applying this knowledge along with critical thinking skills will facilitate evidence-based decision-making using accounting data, and the preparation and interpretation of financial statements.
Assessment
| Task | Type | Weight |
|---|---|---|
| 1 - Exercise | Exercise | 24% |
| 2 - Project | Project | 26% |
| 3 - Examination | Examination | 50% |
When and where
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On-campus |
| Second semester | Clayton | On-campus |