ACC3100 Advanced financial accounting
Faculty of Business and Economics
ACC3100 Advanced financial accounting is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2025 in Semester 1 and Semester 2 at Clayton. It needs ACC2100, ACF2100, ACW2120, ACB2120 or ACX2100.
- Credit points
- 6
- Offered in 2025
- Semester 1, Semester 2
- Clayton
- Assessment
- Exam 80%
- and 3 other tasks
- Workload
- 144 hours
- per semester
This is the 2025 handbook entry. See the 2027 entry.
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Requisites
Before ACC3100
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ACC3100
No unit lists ACC3100 as a prerequisite in the 2025 handbook.
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.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit explores advanced financial accounting issues, allowing you to apply critical, problem solving, and teamwork skills to issues that are faced by corporations in the current, globalised environment. You will utilise a range of theories to assess accounting decisions, reporting practices and regulation in order to determine their impact on the complex and changing corporate environment. A number of contemporary accounting issues are addressed such as measurement, sustainability and corporate social responsibility.
Offerings in 2025
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment60%
- Examination40%
- Exercise16%
- Project44%
- Examination40%
Learning outcomes
When you finish this unit, you should be able to:
- 1
evaluate contemporary financial accounting issues
- 2
apply a range of theories to explain accounting practices and show an understanding of the judgements, estimations and assumptions influencing accounting numbers
- 3
critically assess changing influences in standard setting and regulatory requirements
- 4
apply judgement, communication and problem solving skills to deal with advanced financial accounting issues
- 5
contribute effectively to and reflect critically on teamwork.
Workload and teaching
- Tutorials24 hours
- Lectures12 hours
- Teaching approachProblem-based learning
- Teaching approachResearch activities
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Required resources
Deegan, C. (2020). Financial Accounting (9th Ed.). McGraw-Hill.
Technology resources
There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.
Where it fits
ACC3100 is part of 2 areas of study in the 2025 handbook.
Contacts
- Chief Examiners
- Ms Lorena Mitrione
- Dr Richard Pucci
Common questions
What are the prerequisites for ACC3100?
You need ACC2100, ACF2100, ACW2120, ACB2120 or ACX2100 before you enrol. Enrolment rules also apply.
When is ACC3100 offered?
In 2025, ACC3100 runs in Semester 1 and Semester 2 at Clayton.
How much work is ACC3100?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACC3100 have an exam?
Yes. The exam is worth 80% of the final mark, alongside 4 other tasks.
Which majors and minors include ACC3100?
ACC3100 is part of Accounting.