ACW3120 Financial accounting 3
Faculty of Business and Economics
ACW3120 Financial accounting 3 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 Malaysia. It needs ACF2100, ACW2120, ACB2120 or ACC2100 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2025
- Semester 1, Semester 2
- Malaysia
- Assessment
- Exam 100%
- and 4 other tasks
- Workload
- 144 hours
- per semester
This is the 2025 handbook entry. See the 2027 entry.
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Requisites
Before ACW3120
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ACW3120
1 unit list ACW3120 as a prerequisite or corequisite.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit covers advanced practical accounting issues and the recommended accounting treatment prescribed by the underlying theories and conceptual framework of accounting. The extended knowledge of the regulatory bodies and the views of the accounting profession are blended into the contents of the unit.
Offerings in 2025
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | On campus |
| Second semester | Malaysia | On campus |
Assessment
- Within semester assessment50%
- Examination50%
- Presentation10%
- Written20%
- Quiz / Test20%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
apply Accounting theories and accounting standards to the scenarios presented
- 2
use accounting analytical tools to examine issues against financial statement criteria.
- 3
analyse financial market data using tools and assess its relevance to current capital market issues
- 4
present examination on contemporary financial accounting issues
- 5
evaluate advanced reporting issues by applying international financial reporting standards and knowledge gained in ACW3120.
Workload and teaching
- Tutorials24 hours
- Teaching approachActive learning
- Teaching approachProblem-based learning
- Teaching approachWork-integrated 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.
This unit provides you with the opportunity to engage in work-integrated learning to incorporate professional and industry experience into your studies.
Where it fits
ACW3120 is part of 1 area of study in the 2025 handbook.
Contacts
- Chief Examiners
- Associate Professor Edwin Lim
Common questions
What are the prerequisites for ACW3120?
You need ACF2100, ACW2120, ACB2120 or ACC2100 before you enrol.
What can I take after ACW3120?
ACW3120 is a prerequisite or corequisite for 1 unit, including ACW3900.
When is ACW3120 offered?
In 2025, ACW3120 runs in Semester 1 and Semester 2 at Malaysia.
How much work is ACW3120?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACW3120 have an exam?
Yes. The exam is worth 100% of the final mark, alongside 5 other tasks.
Which majors and minors include ACW3120?
ACW3120 is part of Accountancy.