University Handbook
2026 unit information
Nil
1 x 3 hour on-campus (livestreamed) seminar (recordings provided) each week
1 x 3 hour recorded seminar provided each week
Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.This will include educator guided online learning activities within the unit site.
This unit assumes no previous specific accounting knowledge and concentrates on financial accounting with the objective of students understanding the basic principles and procedures governing what and how information is processed. This includes analysis of financial reporting outcomes to interpret what the outcomes reveal, together with any shortcomings of processes that may impact upon the quality of information presented.
Each unit in your course is a building block towards Deakin's Graduate Learning Outcomes - not all units develop and assess every Graduate Learning Outcome (GLO).
Alignment to Deakin Graduate Learning Outcomes (GLOs)
Explain the institutional and regulatory environment for general purpose financial reporting and sustainability reporting.
GLO1: Discipline-specific knowledge and capabilities
ULO2
Apply the principles and concepts underlying accounting (including the Conceptual Framework for Financial Reporting) to record different business transactions.
GLO1: Discipline-specific knowledge and capabilitiesGLO4: Critical thinking
ULO3
Exercise professional judgement to analyse and solve complex financial reporting problems with appropriate accounting policies.
GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinkingGLO5: Problem solving
ULO4
Apply International Financial Reporting Standards (IFRSs) or equivalent Australian Accounting Standards Board (AASB) to record information leading up to, and including, general-purpose financial statements and related disclosures.
Assessment 2: (Individual) Case study (Data analysis and financial reporting)
Part A: (Individual) Case Study Manual Processing
Part B: (Individual) Case Study Xero (Online) Accounting
Equivalent to 1500 words
Part A: Excel spreadsheet
Part B: computer software generated report
Part A: 10%
Part B: 10%
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement: Pass assessment task 2B to meet accreditation requirements and achieve at least 50% of the marks available on the examination to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.
The texts and reading list for MAA701 can be found via the University Library.Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
To fully engage with Deakin's learning experiences, students must be able to access and use internet-connected devices as outlined in computing requirements at Deakin.To support student success at Deakin, we have a bring-your-own-device (BYOD) learning environment that acknowledges that students and educators bring with them the digital tools they regularly use to complete academic tasks. These tools stay with you beyond the classroom, helping you to keep learning, explore ideas more deeply, and connect with knowledge in ways that matter to you. Students requiring a loan device should visit our Loan Laptop webpage or students requiring longer-term assistance should visit our Student Financial Assistance webpage.
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
Estimate your fees
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.