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ACCT71-301: Financial Accounting and Reporting


This subject provides an in-depth study of the regulation, concepts, applicable standards and processes relevant to financial accounting and reporting. Emphasis is on accounting principles, regulation and the applicable standards that underpin the preparation of general purpose financial statements.

Subject details

Code: ACCT71-301
Study areas:
  • Business, Commerce, and Entrepreneurship

Enrolment requirements



Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Assumed Prior Learning (or equivalent):