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This unit provides an introduction to financial reporting as well as a foundation for those who may later wish to specialise in accounting. Topics include the core concepts and practices underlying the preparation of financial statements, financial statement analysis and the factors in the business environment that influence the demand and supply of accounting information. The understanding of the business environment, measurement concepts and analytical skills gained through this unit are relevant to both accounting and non-accounting majors.

Anonymous, Semester 2, 2017

This is meant to be an easy course, find a good team that you can work with and sign up with them for the VBE assignment, for final exam doing some practices and basically understanding the different types of statements would be sufficient. They are quite picky on small details, like the order of things you list in a cash flow statement, practice helps with that

Anonymous, Semester 1, 2017

Definitely good to know but it is somewhat rushed and you may struggle, especially if you did not do accounting in high school

Anonymous, Semester 1, 2017

It is an easy/ manageable unit if you did Accounting in HS but if not, you may find it a bit challenging. A lot of theory to memorise and tbh a bit boring at times. Leo is an amazing lecturer and Alex is a tutor that is willing to help at all times.

Anonymous, Semester 1, 2017

I did this unit because I did accounting in high school so I found this unit quite easy but can definitely see how if you didn't do it in HS that it can be really challenging. Leo is outstanding and funny lecturer and teaches the topic well. Mid sem was pretty easy and that goes for the exam. Tute work and assignment was easy but make sure you have reliable people in your group. If you have never done accounting before but are willing to put in work, this unit is a really interesting. If you've done accounting before, you can totally get a HD by putting in a bit of effort.

Anonymous, Semester 2, 2016
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