ACW2120 Financial accounting 2
Faculty of Business and Economics
ACW2120 Financial accounting 2 is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2026 in Semester 1 and Semester 2 at Malaysia. It needs ACW1120, ACB1120, ACC1100 or ACF1100 and unlocks 11 units.
- Credit points
- 6
- Offered in 2026
- Semester 1, Semester 2
- Malaysia
- Assessment
- Exam 50%
- and 3 other tasks
- Workload
- 144 hours
- per semester
This is the 2026 handbook entry. See the 2027 entry.
Reviews
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Requisites
Before ACW2120
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ACW2120
11 units list ACW2120 as a prerequisite or corequisite.
- ACB3120Financial accounting 3No reviews yet
- ACB3620 Assurance and audit servicesNo reviews yet
- ACC3100Advanced financial accountingNo reviews yet
- ACC3600Auditing and assuranceNo reviews yet
- ACF3100Advanced financial accountingNo reviews yet
- ACF3600Auditing and assuranceNo reviews yet
- ACW3120Financial accounting 3No reviews yet
- ACW3620Assurance and audit servicesNo reviews yet
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit covers International Financial Reporting Standards applicable to reporting entities including an analysis of significant accounting standards, professional reporting requirements and stock exchange requirements. Accounting for corporate groups and issues in financial reporting are also explored.
Offerings in 2026
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | On campus |
| Second semester | Malaysia | On campus |
Assessment
- Presentation5%
- Quiz / Test15%
- Written30%
- Examination50%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
explain the nature and regulation of companies and the content of company financial reports
- 2
critically examine contemporary financial accounting issues including sustainability in company reporting
- 3
apply accounting policies and regulatory requirements in the preparations and presentation of company reports
- 4
interpret company reports and communicate effectively accounting advice
- 5
apply critical thinking, research, problem solving, communication skills to demonstrate accounting knowledge for the topics covered in this unit.
Workload and teaching
- Tutorials24 hours
- Teaching approachActive learning
- Teaching approachProblem-based 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 engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective 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.
Where it fits
ACW2120 is part of 2 areas of study in the 2026 handbook.
Contacts
- Chief Examiners
- Dr Norita Nasir
Common questions
What are the prerequisites for ACW2120?
You need ACW1120, ACB1120, ACC1100 or ACF1100 before you enrol.
What can I take after ACW2120?
ACW2120 is a prerequisite or corequisite for 11 units, including ACB3120, ACB3620, ACC3100, ACC3600, ACF3100 and ACF3600.
When is ACW2120 offered?
In 2026, ACW2120 runs in Semester 1 and Semester 2 at Malaysia.
How much work is ACW2120?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACW2120 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 3 other tasks.
Which majors and minors include ACW2120?
ACW2120 is part of Accountancy.