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ACCT7101 Accounting

Students who take this Accounting course will have a solid theoretical and practical foundation in financial accounting. A method called financial accounting is used to provide reports that give other parties information about the operation and financial health of a company. The first part of this course provides an introduction to accounting terminology, the fundamental financial statements needed by the majority of businesses in the context of the Australian regulatory framework, and the most recent Australian Accounting Standards following their harmonization with the International Accounting Standards.