ACCT19061  Corporate Accounting

This course examines the application of accounting theory, accounting standards and business law to the financial records of Australian companies. Topics studied include company formation; availability of profits for distribution; reserves, provisions and liabilities; company reporting, including a study of the application of accounting standards and stock exchange listing requirements; capital reconstructions; amalgamation and takeovers; consolidation of holding and subsidiary companies, financial statements, amalgamation; equity accounting; pooling of interests; liquidation of the corporation; current cost accounting; and trust and estate accounting. In all topics, emphasis will be given to both the concepts and the techniques of accounting.