BUACC2004 Corporate reporting and financial accounting
This unit covers the concepts of the Australian Accounting Framework and financial reporting requirements. Students will gain an understanding of accounting theory and the knowledge and skills pertinent to selected specialised accounting issues. This unit includes theories of financial accounting, the accounting standard process, measurement in accounting, revenue recognition, inventories, property plant and equipment, foreign currency, leasing, financial instruments, preparation of consolidated financial statements for a parent and a wholly owned subsidiary, accounting for corporate social responsibility and ethics in accounting. In addition the concepts of financial presentation and disclosure will be further explored in terms of Corporate and Financial Accounting.
Commonwealth supported place (CSP)
A CSP is subsidised by the Australian Government and students pay a contribution amount. Each unit is classified into a band, depending on the study area of the unit (this discipline may be different from the study area of your course).
2025 contribution amount* $2,124
2025 grandfathered contribution amount* $1,663
Grandfathered contribution amount - if you are a continuing student, who commenced your course before 1 January 2021, you will continue paying the same amount as you would have, had legislative reforms not been implemented, for any units that would otherwise have an increased student contribution amount.
* For Clinical Psychology & Professional Pathways bands the unit fee amount is determined by accredited courses. Students in Postgraduate Clinical Psychology, Professional Pathway Psychology or Professional Pathway Social Work accredited courses should refer to the information below.
