CO5122 - Accounting for Corporations

Credit points:	03
Year:	2010
Student Contribution Band:	Band 3
Administered by:	School of Business

This subject is particularly useful to students enrolled in the Graduate Certificate of Accounting, Graduate Diploma in Accounting, Master of Professional Accounting, Master of Professional Accounting/Master of Business Administration or Master of Professional Accounting Advanced but it would also be of value to other postgardaute students.

This subject covers the essential components of accounting for corporations including company formation, financing company operations, income tax, business combinations, asset impairment, liquidations and consolidations.

Learning Outcomes

• develop a sound understanding of the accounting approaches applied to company formation;
• appreciate the impact of consolidated accounting on the economic entity and the various accounting adjustments required to portray this relationship;
• understand how to apply impairment testing on the valuation of certain types of assets;
• demonstrate the application and reasoning of tax accounting on the economic entity.

Graduate Qualities

• The ability to deploy critically evaluated information to practical ends;
• An understanding of the economic, legal, ethical, social and cultural issues involved in the use of information;
• The acquisition of coherent and disciplined sets of skills, knowledge, values and professional ethics from at least one discipline area;
• The ability to read complex and demanding texts accurately, critically and insightfully;
• The ability to select and use appropriate tools and technologies;
• The ability to use online technologies effectively and ethically.

Prerequisites:	CO5117
Inadmissible Subject Combinations:	CO5107

Availabilities
Townsville, Internal, Study Period 2
Census Date 26-Aug-2010
Coord/Lect:	Ms Michelle Warrington.
Contact hours:	39 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (50%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% of invigilated assessment.
Cairns, Internal, Study Period 2
Census Date 26-Aug-2010
Coordinator:	Ms Michelle Warrington
Lecturer:	Ms Pauline Pender.
Contact hours:	39 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (50%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% of invigilated assessment.
JCU Singapore, Internal, Study Period 52
Census Date 22-Jul-2010
Coordinator:	Ms Karen Ness
Contact hours:	40 hours lectures - Consisting of 30 hrs lectures and 10 hrs of lecturer directed activities.
Assessment:	end of semester exam (50%); other exams (30%); assignments (20%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% or greater for all invigilated assessment.
JCU Brisbane, Internal, Study Period 23
Census Date 09-Dec-2010
Coordinator:	Ms Karen Ness
Contact hours:	36 hours workshops/Seminars
Assessment:	end of semester exam (50%); other exams (30%); assignments (20%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% or greater for all invigilated assessment.
JCU Brisbane, Internal, Study Period 21
Census Date 15-Apr-2010
Coordinator:	Ms Karen Ness
Contact hours:	40 hours lectures - Consisting of 30 hrs lectures and 10 hrs of lecturer directed activities.
Assessment:	end of semester exam (50%); other exams (30%); assignments (20%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% or greater for all invigilated and non-invigilated assessment.
JCU Brisbane, Internal, Study Period 22
Census Date 12-Aug-2010
Coordinator:	Ms Karen Ness
Contact hours:	40 hours lectures - Consisting of 30 hrs lectures and 10 hrs of lecturer directed activities.
Assessment:	end of semester exam (50%); other exams (30%); assignments (20%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% or greater for all invigilated assessment.

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.