EDITH COWAN UNIVERSITY 
ACC2250: Applied Financial Accounting 
Final Examination Guide and Notes 2026 
 
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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[ECU] ACC2250: Applied Financial Accounting (Solutions)

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ACADEMIC YEAR 2025 - 2026

University	Edith Cowan University
Study Level	Undergraduate
Unit Code	ACC2250
Unit Name	Applied Financial Accounting
Credit Points	15 CPs
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	38

Studying ACC2250: Applied Financial Accounting at Edith Cowan University? This comprehensive guide keeps your revision focused on the topics most likely to come up in the final exam. It explains what the exam usually tests, what strong answers look like, and how to avoid common mistakes. You’ll get exam-style questions with full solutions, step-by-step workings, and clear explanations so you can see exactly how to set out your method and pick up marks quickly.

This unit provides students with the technical skills to capture and analyse economic transactions, to analyse financial data and to prepare financial reports in a business and decision making context. A contemporary accounting software program is used to apply technical accounting principles and skills in a simulated business environment.

✔ On completion of this unit students should be able to:

Apply relevant accounting principles to prepare general purpose financial statements for different types of businesses.
Prepare financial statements using an accounting software system.
Analyse financial information by considering diverse perspectives and their impacts on strategic analysis and decision making.

✔ Unit Content:

The recording process of the accounting cycle.
Presentation of financial statements and accounting information systems.
Accrual accounting concepts.
Reporting and analysing inventory.
Reporting and analysing cash and receivables.
Reporting and analysing non-current assets.
Reporting and analysing liabilities.
Reporting and analysing equity.
Accounting for company and partnership.
Financial Ratio Analysis.

UNIT CODE	UNIT NAME
ACC1100	Accounting I
ACC2250	Accounting II
ACC2350	Cost Accounting
ACC2700	Financial Reporting Standards
ECF1110	Economics I
ECF1120	Finance I
ECF2210	Capital Markets
ECF2222	Corporate Finance
ECF2226	Investment Finance
ECF3120	Financial Modelling
ECF3312	Financial Institutions Management
LAW1100	Legal Framework I
LAW2410	Income Tax Framework II
MAN1100	Management
MKT1600	Marketing Principles and Practices
MKT2605	Promotional Marketing
SBL1300	Business Environments and Markets
SBL1400	Introduction to Business Analytics

[ECU] ACC2250: Applied Financial Accounting (Solutions)

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