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23 subject ratings

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Reviews and tips for ACCG224

Need some practice to get used to it. Do your homework!! Follow and understand every week concept and you will definitely nail it. If not, go to PAL or consultation.

Anonymous, Semester 2, 2016

Strong knowledge of journal entries & first-year accounting knowledge is essential to do well in this subject. You study income tax, non-current asset, leases and how to prepare financial statements properly. Practice tutorial questions and especially past papers, you will ace the course. Whether it's interesting depends on whether or not you like financial accounting. Oh, choose a good tutor is important too. Some don't speak English well and even mark your assignment based on English (no comments on accounting though) !?

Anonymous, Semester 2, 2016

I personally enjoyed it! It was not a tough unit at all :). But beware of submitting late the assignment, cos the penalty was 50%.

Anonymous, Semester 2, 2015

Thomas was really great, it is a hard unit so i recommend going to PAL - the two hour tutes are the actual worst, you just go through home work questions. a lot of quiz answers can be found if you CTRL F the lecture slides.

Anonymous, Semester 1, 2015

This unit aims to provide students with an intermediate level of coverage of the principles and concepts relating to financial accounting. There are many topics included of conceptual foundations of accounting, measurement of assets and liabilities, and financial statements. It considers the justification for the regulation of accounting practice, the need for on-going critical review of accounting regulation, and consequent changes. Students was expected to demonstrate competency in applying financial reporting practices. They are also encouraged to consider how financial reporting practices may continue to evolve.

Anonymous, Semester 1, 2014
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