BX2011 - Accounting Principles and Systems

Credit points:	03
Year:	2013
Student Contribution Band:	Band 3
Administered by:	School of Business

This subject introduces accounting issues such as accounting for financial statement elements; preparation of general purpose financial reports for sole traders and partnerships in the context of the historic cost accounting system in the Australian conceptual framework.

Learning Outcomes

• demonstrate a thorough understanding of the historic cost accounting system, its practice and underlying assumptions and conventions;
• demonstrate the process of recording in an accounting information system from transactions through to the preparation of financial reports;
• prepare and interpret accounting statements account for sole traders and partnerships.

Graduate Qualities

• The ability to adapt knowledge to new situations;
• The ability to define and to solve problems in at least one discipline area;
• The ability to think critically, to analyse and evaluate claims, evidence and arguments, and to reason and deploy evidence clearly and logically;
• The ability to deploy critically evaluated information to practical ends;
• The ability to find and access information using appropriate media and technologies;
• The ability to evaluate that information;
• An understanding of the economic, legal, ethical, social and cultural issues involved in the use of information;
• The ability to select and organise information and to communicate it accurately, cogently, coherently, creatively and ethically;
• The acquisition of coherent and disciplined sets of skills, knowledge, values and professional ethics from at least one discipline area;
• The ability to reflect on and evaluate learning, and to learn independently in a self directed manner;
• The ability to read complex and demanding texts accurately, critically and insightfully;
• The ability to speak and write clearly, coherently and creatively;
• The ability to generate, calculate, interpret and communicate numerical information in ways appropriate to a given discipline or discourse;
• The ability to communicate effectively with a range of audiences;
• The ability to work individually and independently;
• The ability to select and use appropriate tools and technologies;
• The ability to use online technologies effectively and ethically.

Prerequisites:	BU1002 or CO1002 or CO1101 or BU1902 and allow concurrent for BU1002
Inadmissible Subject Combinations:	CO1001 CO1003

Availabilities
Townsville, Internal, Study Period 2
Census Date 29-Aug-2013
Coord/Lect:	Ms Jodie Maxfield.
Contact hours:	39 hours lectures - Lectures and workshops 12 hours tutorials
Assessment:	end of semester exam (60%); other exams (20%); online quizzes (20%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
External, Study Period 2
Census Date 29-Aug-2013
Coord/Lect:	Ms Jodie Maxfield.
Contact hours:	0 hours - Lectures and workshops
Method of Delivery:	WWW - LearnJCU
Assessment:	end of semester exam (70%); online quizzes (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
Cairns, Internal, Study Period 2
Census Date 29-Aug-2013
Coordinator:	Ms Jodie Maxfield
Lecturer:	Ms Karen McPherson.
Contact hours:	39 hours lectures - Lectures and workshops 12 hours tutorials
Assessment:	end of semester exam (60%); other exams (20%); online quizzes (20%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Singapore, Internal, Study Period 51
Census Date 21-Mar-2013
Coordinator:	Ms Jodie Maxfield
Contact hours:	36 hours lectures - Lectures and workshops 12 hours tutorials
Assessment:	end of semester exam (60%); other exams (20%); online quizzes (20%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Singapore, Internal, Study Period 52
Census Date 18-Jul-2013
Coordinator:	Ms Jodie Maxfield
Contact hours:	36 hours lectures - Lectures and workshops 12 hours tutorials
Assessment:	end of semester exam (60%); other exams (20%); online quizzes (20%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Singapore, Internal, Study Period 53
Census Date 14-Nov-2013
Coord/Lect:	Ms Jodie Maxfield, Dr Kannaiah Desti.
Contact hours:	36 hours lectures - Lectures and workshops 12 hours tutorials
Assessment:	end of semester exam (60%); other exams (20%); online quizzes (20%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Brisbane, Internal, Study Period 21
Census Date 18-Apr-2013
Coordinator:	Ms Jodie Maxfield
Contact hours:	39 hours lectures - Lectures and workshops 12 hours tutorials
Assessment:	end of semester exam (60%); other exams (20%); online quizzes (20%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Brisbane, Internal, Study Period 22
Census Date 15-Aug-2013
Coordinator:	Ms Jodie Maxfield
Contact hours:	39 hours lectures - Lectures and workshops 12 hours tutorials
Assessment:	end of semester exam (60%); other exams (20%); online quizzes (20%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Brisbane, Internal, Study Period 23
Census Date 13-Dec-2013
Coordinator:	Ms Jodie Maxfield
Contact hours:	39 hours lectures - Lectures and workshops 12 hours tutorials
Assessment:	end of semester exam (60%); other exams (20%); online quizzes (20%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

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.