AUSTRALIAN NATIONAL UNIVERSITY 
BUSN1002 - Accounting Processes and Systems 
Final Examination Guide and Notes 2024 
 
Part 01. About This Guide 
Part 02. Sample Final Examination Paper 
Part 03. Suggested Solutions to Final Exam Paper 
Part 04. Final Examination - Hints and Tips 
 
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BUSN1002: Accounting Processes and Systems - Australian National University

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ACADEMIC YEAR 2023 - 2024

University	Australian National University
Study Level	Undergraduate
Course Code	BUSN1002
Course Name	Accounting Processes and Systems
Notes Title	Final Examination Guide and Notes
Page Length	38

This guide allows you to understand how the BUSN1002: Accounting Processes and Systems (ANU) - Final Exam 2024 will be assessed, structured and the likely style and range of questions that would be asked. This self-study set has been thoroughly updated to cover all the examinable topics contained in the latest edition of the exam. It contains sample exam questions complete with a detailed answer guide to help you with question style and identify priority topics to review as you prepare for the exam. It also offers vital information on exam format, what will be on the exam and key concepts you should be focusing your studies on.

The course provides detailed understanding of the technical aspects and concepts used in producing financial and management accounting reports. This includes cost assignment methods, the application of accounting principles and double-entry accounting systems for recording and reporting financial transactions. Topics to be covered include: using journals and ledgers; application of accrual accounting; methods of income measurement and asset valuation; accounting for assets and liabilities; applying the principles of internal control; and an introduction to accounting for partnerships and companies.

✔ On completion of this course, you will be expected to be able to:

understand the assumptions underlying accounting information;
apply accounting principles for recording and preparing accounting information;
apply the principles of internal control;
assign costs to production;
account for capital contributions and profit distributions for partnerships and companies; and,
complete the accounting cycle of a small business.

COURSE CODE	COURSE NAME
BUSN1001	Business Reporting and Analysis
BUSN1002	Accounting Processes and Systems
BUSN1101	Introduction to Commercial Law
BUSN2011	Management Accounting
BUSN2015	Company Accounting
BUSN3014	Principles of Tax Law
ECON1101	Microeconomics 1
ECON1102	Macroeconomics 1
ECON2101	Microeconomics 2
EMET2007	Econometrics I: Econometric Methods
EMET3004	Econometrics II: Econometric Modelling
FINM1001	Foundations of Finance
FINM2001	Corporate Finance
FINM2002	Derivatives
FINM2003	Investments
FINM3005	Corporate Valuation
FINM3006	Financial Intermediation and Debt Markets
FINM3008	Portfolio Construction
MGMT2007	Organisational Behaviour
MKTG2004	Marketing
STAT1003	Statistical Techniques
STAT1008	Quantitative Research Methods
STAT2032	Financial Mathematics

BUSN1002: Accounting Processes and Systems - Australian National University

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