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Flinders University

Bachelor of Accounting (and combined degrees, except Law)

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BUSN1002 Financial Accounting Processes

Students will learn about accounting for complex transactions and types of business organisations, like partnerships and corporations, in BUSN1002. It involves accounting for fixed assets, inventory, liabilities, and receivables. An overview of the reporting entity ideas, the purpose of financial reporting, and the definitions and recognition standards of the elements of financial statements are covered towards the end of the course.

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