ACC110 Accounting 2 (8)

This subject builds on the ability to analyse and interpret accounting information developed in ACC100 Accounting 1 by teaching students to prepare accounting information using manual and automated accounting information systems. All aspects of the financial statement preparation process are covered with a focus on accounting for key assets.

Availability

Session 1 (30)
On Campus
CSU Study Centre Melbourne
CSU Study Centre Sydney
Online
Wagga Wagga Campus
Session 2 (60)
On Campus
Albury-Wodonga Campus
Bathurst Campus
CSU Study Centre Melbourne
CSU Study Centre Sydney
Port Macquarie Campus
Wagga Wagga Campus
Online
Wagga Wagga Campus
Session 3 (90)
Online
Bathurst Campus

Continuing students should consult the SAL for current offering details: ACC110. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System

HD/FL

Duration

One session

School

School of Accounting and Finance

Prerequisites

ACC100

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to record accounting transactions using manual and automated accounting information systems;
  • be able to calculate, account for and report values of key assets including: receivables, inventory; and property, plant, equipment; and
  • be able to explain, prepare, analyse and interpret the following major financial statements: income statement, statement of changes in equity, statement of cash flows, and statement of financial position.

Syllabus

This subject will cover the following topics:
  • analysing and record business transactions;
  • accounting for inventory;
  • introduction to subsidiary ledgers and special journals;
  • measuring business profit: the adjusting process;
  • completing the accounting cycle;
  • accounting for cash
  • accounting for receivables; and
  • accounting for property, plant and equipment.

The information contained in the CSU Handbook was accurate at the date of publication: January 2020. The University reserves the right to vary the information at any time without notice.

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