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Financial accounting 1
ACB1120
Synopsis
This unit is designed for you if you are undertaking the accounting major. It will provide an introduction to financial accounting guided by the Conceptual Framework and Accounting Standards. Emphasis is placed on accounting processes, practices and policies that enable financial statements to be prepared. You will integrate theoretical and technical knowledge learned and exercise judgement to explore accounting issues.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 1
- Audience
- Undergraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Accounting
- Handbook year
- 2026
Prerequisites
No prereqs in the handbook graph.
What it unlocks (15)
- Financial accounting 2ACB2120
- Management accounting 1ACB2220
- Accounting information systemsACB2420
- Financial accountingACC2100
- Introduction to management accountingACC2200
- Accounting information systemsACC2400
- Financial accountingACF2100
- Introduction to management accountingACF2200
- Accounting information systemsACF2400
- Financial accounting 2ACW2120
- Management accounting 1ACW2220
- Accounting information systemsACW2420
- Financial accountingACX2100
- Financial analysis and valuationACX3150
- Predictive analytics in accountingACX3300
Offerings (1)
- First semesterPeninsula · ON-CAMPUS
Listed in 1 area of study
- AccountancyCore units