This unit builds on the foundations laid in ACT102 Introduction to Accounting by enabling students to acquire and apply accounting and reporting techniques across a range of business activities - such as: accounting for assets, liabilities and equity, internal controls, preparation of cash flow statements, foreign transactions and translations, as well as develop an understanding of the conceptual framework and the Australian accounting standard setting process.
Prescribed Text - AUSTRALIAN FINANCIAL ACCOUNTING WITH CONNECT ACCESS CARD 8th edition
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