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Financial Accounting II

This subject is available under ICMS undergraduate degrees, please click the button below to find an undergraduate course for you.

Subject Code:


Subject Aim:

The aim of this subject is to further develop students’ understanding of financial accounting concepts and skills, including understanding and application of more advanced financial accounting concepts, International Financial Reporting Standards (IFRS) and Australian Accounting Standards, accounting policies and scenarios requiring professional accounting judgement.

Students will learn and apply particular transactions and arrangements, business combinations, international accounting transactions and financial reporting. The subject expands on financial accounting’s theoretical base and provides meaningful, practical applications to real world business scenarios. Students will utilise current industry relevant information technology tools, including the cloud-based Xero accounting software. 

Learning Outcomes:

On successful completion of this subject students will be able to:

Assessment Information:

Learning outcomes for this subject are assessed using a range of assessment tasks as described in the table below: