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Financial accounting

Level 2S1·S2

About

This unit provides an overview of the current Australian reporting and regulatory framework applicable to reporting entities including an analysis of significant accounting standards, the conceptual framework, and professional reporting requirements. Financial reporting issues associated with corporate structures such as company operations, taxation, property, plant, equipment and consolidated accounting are examined.

Offered in 2026

Semester 1Clayton· ON-CAMPUS
Semester 2Clayton· ON-CAMPUS

Prohibitions

any of

ACX2100Financial accounting

ACW2120Financial accounting 2

ACF2100Financial accounting

ACB2120Financial accounting 2

Prerequisites

any of

ACF1100Introduction to financial accounting

ACX1100Introduction to financial accounting

ACC1100Introduction to financial accounting

ACB1120Financial accounting 1

ACW1120Financial accounting 1

Enrolment rules

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.

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Financial accounting

ACC2100

Synopsis

Sourced from the Monash Handbook 2026.

Quick facts

Credit points: 6
Level: 2
Audience: Undergraduate
Type: Coursework
School: Faculty of Business and Economics
Faculty: Department of Accounting
Handbook year: 2026

Prerequisites (5)

Financial accounting 1ACB1120
Introduction to financial accountingACC1100
Introduction to financial accountingACF1100
Financial accounting 1ACW1120
ACX1100ACX1100

Financial accounting

Synopsis

Quick facts

Prerequisites (5)

What it unlocks (11)

Offerings (2)

Listed in 2 areas of study