AYB204 Corporate Accounting
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
| Unit code: | AYB204 |
|---|---|
| Prerequisite(s): | AYB150 |
| Antirequisite(s): | AYB340 |
| Credit points: | 12 |
| Timetable | Details in HiQ, if available |
| Availabilities |
|
| CSP student contribution | $2,174 |
| Pre-2021 CSP student contribution | $1,703 The pre-2021 commonwealth supported place (CSP) contribution amount only applies to students enrolled in a course prior to 2021. To learn more, visit our Understanding your fees page. |
| Domestic tuition unit fee | $3,456 |
| International unit fee | $5,640 |
Unit Outline: Semester 1 2026, Gardens Point, Internal
| Unit code: | AYB204 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | AYB150 |
| Anti-requisite: | AYB340 |
Overview
This unit contributes to the knowledge and technical skills you will need to prepare and present financial statements for corporations. It builds on prior financial accounting units by applying accounting principles to complex financial reporting issues and provides a foundation for subsequent units by developing critical analytical skills through an examination of theoretical accounting issues, accounting regulation and practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify and discuss accounting regulations and their effect on the content and format of the financial statements of corporations. [KS 1.1]
- Analyse and synthesise financial data to prepare reports and financial statements in accordance with Australian and international accounting standards. [HO 2.1, SE 5.2]
- Critically evaluate whether procedures adopted to solve accounting problems comply with accounting standards and statutory requirements. [HO 2.2]
- Effectively communicate orally and reflect on the performance of their peers. [HO 2.2, PC 3.2]
Content
This unit is concerned with advanced financial reporting topics relevant to corporations. This includes preparing financial statements in accordance with international accounting standards, dealing with foreign exchange, the process of consolidation and sustainability reporting.
Learning Approaches
The learning approach for this unit includes a weekly lecture and tutorial.
The role of the lecture is to provide an overview of the topic for each week and to highlight difficult areas. Lectures will also relate the topic to relevant accounting regulations and explain accounting concepts and procedures associated with each topic.
Tutorials allow students time to study the course reading material and to attempt tutorial questions. The tutorial examines concepts, cases, and processes relevant to the weekly lecture material.
Feedback on Learning and Assessment
You will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment aims to support your achievement of the learning outcomes for this Unit. It has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Oral Presentation and Peer Review
Effectively communicating accurate and relevant advice is essential for accountants. To help develop these skills, students are required to prepare a presentation on particular accounting standards and/or financial data and deliver it during a tutorial class. Students will be required to reflect on the performance of their peers.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assessment item requires your attendance in your scheduled tutorial.
The late submission period does not apply, and no assignment extensions are available.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2), PC (3.2)
Assessment: Final Examination
The examination will consist of both practical and theoretical questions that will examine work and concepts covered in Topics 5 to 12 inclusive.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1, 2.2), SE (5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Weekly resources and references for additional resource materials will be provided on the unit Canvas site.
Resource Materials
Prescribed text(s)
Loftus, J., Leo, K., Daniliuc, S., Luke, B., Ang, H., Bradbury, M., Hanlon, D., Boys, N. and Byrnes, K. 2026. Financial Reporting, 5th edition, John Wiley & Sons Australia.
Risk Assessment Statement
There are no out-of-the ordinary risks associated with this unit.
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Final Examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO2, Final Examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Final Examination - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Final Examination - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Oral Presentation and Peer Review - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Oral Presentation and Peer Review
Unit Outline: Semester 1 2026, Online
| Unit code: | AYB204 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | AYB150 |
| Anti-requisite: | AYB340 |
Overview
This unit contributes to the knowledge and technical skills you will need to prepare and present financial statements for corporations. It builds on prior financial accounting units by applying accounting principles to complex financial reporting issues and provides a foundation for subsequent units by developing critical analytical skills through an examination of theoretical accounting issues, accounting regulation and practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify and discuss accounting regulations and their effect on the content and format of the financial statements of corporations. [KS 1.1]
- Analyse and synthesise financial data to prepare reports and financial statements in accordance with Australian and international accounting standards. [HO 2.1, SE 5.2]
- Critically evaluate whether procedures adopted to solve accounting problems comply with accounting standards and statutory requirements. [HO 2.2]
- Effectively communicate orally and reflect on the performance of their peers. [HO 2.2, PC 3.2]
Content
This unit is concerned with advanced financial reporting topics relevant to corporations. This includes preparing financial statements in accordance with international accounting standards, dealing with foreign exchange, the process of consolidation and sustainability reporting.
Learning Approaches
The learning approach for this unit includes a weekly lecture and tutorial.
The role of the lecture is to provide an overview of the topic for each week and to highlight difficult areas. Lectures will also relate the topic to relevant accounting regulations and explain accounting concepts and procedures associated with each topic.
Tutorials allow students time to study the course reading material and to attempt tutorial questions. The tutorial examines concepts, cases, and processes relevant to the weekly lecture material.
Feedback on Learning and Assessment
You will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment aims to support your achievement of the learning outcomes for this Unit. It has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Oral Presentation and Peer Review
Effectively communicating accurate and relevant advice is essential for accountants. To help develop these skills, students are required to prepare a presentation on particular accounting standards and/or financial data and deliver it during a tutorial class. Students will be required to reflect on the performance of their peers.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assessment item requires your attendance in your scheduled tutorial.
The late submission period does not apply, and no assignment extensions are available.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2), PC (3.2)
Assessment: Final Examination
The examination will consist of both practical and theoretical questions that will examine work and concepts covered in Topics 5 to 12 inclusive.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1, 2.2), SE (5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Weekly resources and references for additional resource materials will be provided on the unit Canvas site.
Resource Materials
Prescribed text(s)
Loftus, J., Leo, K., Daniliuc, S., Luke, B., Ang, H., Bradbury, M., Hanlon, D., Boys, N. and Byrnes, K. 2026. Financial Reporting, 5th edition, John Wiley & Sons Australia.
Risk Assessment Statement
There are no out-of-the ordinary risks associated with this unit.
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Final Examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO2, Final Examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Final Examination - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Final Examination - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Oral Presentation and Peer Review - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Oral Presentation and Peer Review
Unit Outline: Semester 2 2026, Gardens Point, Internal
| Unit code: | AYB204 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | AYB150 |
| Anti-requisite: | AYB340 |
| Coordinator: | Kate Hogarth | kate.hogarth@qut.edu.au |
Overview
This unit contributes to the knowledge and technical skills you will need to prepare and present financial statements for corporations. It builds on prior financial accounting units by applying accounting principles to complex financial reporting issues and provides a foundation for subsequent units by developing critical analytical skills through an examination of theoretical accounting issues, accounting regulation and practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify and discuss accounting regulations and their effect on the content and format of the financial statements of corporations. [KS 1.1]
- Analyse and synthesise financial data to prepare reports and financial statements in accordance with Australian and international accounting standards. [HO 2.1, SE 5.2]
- Critically evaluate whether procedures adopted to solve accounting problems comply with accounting standards and statutory requirements. [HO 2.2]
- Effectively communicate orally and reflect on the performance of their peers. [HO 2.2, PC 3.2]
Content
This unit is concerned with advanced financial reporting topics relevant to corporations. This includes preparing financial statements in accordance with international accounting standards, dealing with foreign exchange, the process of consolidation and sustainability reporting.
Learning Approaches
The learning approach for this unit includes a weekly lecture and tutorial.
The role of the lecture is to provide an overview of the topic for each week and to highlight difficult areas. Lectures will also relate the topic to relevant accounting regulations and explain accounting concepts and procedures associated with each topic.
Tutorials allow students time to study the course reading material and to attempt tutorial questions. The tutorial examines concepts, cases, and processes relevant to the weekly lecture material.
Feedback on Learning and Assessment
You will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment aims to support your achievement of the learning outcomes for this Unit. It has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Oral Presentation and Peer Review
Effectively communicating accurate and relevant advice is essential for accountants. To help develop these skills, students are required to prepare a presentation on particular accounting standards and/or financial data and deliver it during a tutorial class. Students will be required to reflect on the performance of their peers.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assessment item requires your attendance in your scheduled tutorial.
The late submission period does not apply, and no assignment extensions are available.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2), PC (3.2)
Assessment: Final Examination
The examination will consist of both practical and theoretical questions that will examine work and concepts covered in Topics 5 to 12 inclusive.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1, 2.2), SE (5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Weekly resources and references for additional resource materials will be provided on the unit Canvas site.
Resource Materials
Prescribed text(s)
Loftus, J., Leo, K., Daniliuc, S., Luke, B., Ang, H., Bradbury, M., Hanlon, D., Boys, N. and Byrnes, K. 2026. Financial Reporting, 5th edition, John Wiley & Sons Australia.
Risk Assessment Statement
There are no out-of-the ordinary risks associated with this unit.
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Final Examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO2, Final Examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Final Examination - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Final Examination - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Oral Presentation and Peer Review - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Oral Presentation and Peer Review
Unit Outline: Semester 2 2026, Online
| Unit code: | AYB204 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | AYB150 |
| Anti-requisite: | AYB340 |
Overview
This unit contributes to the knowledge and technical skills you will need to prepare and present financial statements for corporations. It builds on prior financial accounting units by applying accounting principles to complex financial reporting issues and provides a foundation for subsequent units by developing critical analytical skills through an examination of theoretical accounting issues, accounting regulation and practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Identify and discuss accounting regulations and their effect on the content and format of the financial statements of corporations. [KS 1.1]
- Analyse and synthesise financial data to prepare reports and financial statements in accordance with Australian and international accounting standards. [HO 2.1, SE 5.2]
- Critically evaluate whether procedures adopted to solve accounting problems comply with accounting standards and statutory requirements. [HO 2.2]
- Effectively communicate orally and reflect on the performance of their peers. [HO 2.2, PC 3.2]
Content
This unit is concerned with advanced financial reporting topics relevant to corporations. This includes preparing financial statements in accordance with international accounting standards, dealing with foreign exchange, the process of consolidation and sustainability reporting.
Learning Approaches
The learning approach for this unit includes a weekly lecture and tutorial.
The role of the lecture is to provide an overview of the topic for each week and to highlight difficult areas. Lectures will also relate the topic to relevant accounting regulations and explain accounting concepts and procedures associated with each topic.
Tutorials allow students time to study the course reading material and to attempt tutorial questions. The tutorial examines concepts, cases, and processes relevant to the weekly lecture material.
Feedback on Learning and Assessment
You will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment aims to support your achievement of the learning outcomes for this Unit. It has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Oral Presentation and Peer Review
Effectively communicating accurate and relevant advice is essential for accountants. To help develop these skills, students are required to prepare a presentation on particular accounting standards and/or financial data and deliver it during a tutorial class. Students will be required to reflect on the performance of their peers.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assessment item requires your attendance in your scheduled tutorial.
The late submission period does not apply, and no assignment extensions are available.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2), PC (3.2)
Assessment: Final Examination
The examination will consist of both practical and theoretical questions that will examine work and concepts covered in Topics 5 to 12 inclusive.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1, 2.2), SE (5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Weekly resources and references for additional resource materials will be provided on the unit Canvas site.
Resource Materials
Prescribed text(s)
Loftus, J., Leo, K., Daniliuc, S., Luke, B., Ang, H., Bradbury, M., Hanlon, D., Boys, N. and Byrnes, K. 2026. Financial Reporting, 5th edition, John Wiley & Sons Australia.
Risk Assessment Statement
There are no out-of-the ordinary risks associated with this unit.
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Final Examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO2, Final Examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Final Examination - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Final Examination - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Oral Presentation and Peer Review - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Oral Presentation and Peer Review