FLINDERS UNIVERSITY
BUSN1001: Accounting Principles
Final Examination Guide and Notes 2023
 
Part 01. Revision Notes
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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Flinders University - BUSN1001: Accounting Principles

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ACADEMIC YEAR 2022 - 2023

University	Flinders University
Study Level	Undergraduate
Topic Code	BUSN1001
Topic Name	Accounting Principles
Study Material	Final Examination Guide and Notes
Format	PDF
Page Length	81

The BUSN1001: Accounting Principles, Flinders University - Final Examination Guide and Notes 2023 provides students with a unique summarised version of the core information contained in the topic, and the essentials you need in order to fully comprehend and apply. These features have been specifically designed to help you apply your knowledge in exams. You do not need to be an expert in the topic, you just need a basic understanding, and be able to quickly recall the information that you learn. You can use these notes as a reference, to understand the topic better and improve your grades in the final examination.

This topic's aim is to provide a solid grounding in accounting fundamentals including recording transactions, preparing financial statements and elementary analysis and interpretation of financial statements. A second aim is to equip students with a critical perspective on accounting information via an understanding of the underlying principles, doctrines and methods.

On completion of this topic you will be expected to be able to:

explain the accounting equation, and analyse the effects of business transactions on the accounting equation;
articulate the rules of debit and credit and how to apply these in analysing transactions;
record transactions in the appropriate journal, and post transactions from the journals to the appropriate ledger;
prepare adjusting entries and reversing entries, and prepare financial statements.

TOPIC CODE	TOPIC NAME
BUSN1001	Accounting Principles
BUSN1002	Financial Accounting Processes
BUSN1009	Quantitative Methods
BUSN1012	Management, People and Organisations
BUSN1013	Economics for Business
BUSN1014	Financial Markets
BUSN1015	Foundations of Finance
BUSN1019	Law for Business
BUSN1022	Marketing Principles
BUSN2029	Financial Reporting
BUSN2031	Business Forecasting
BUSN2035	Cost and Management Accounting
BUSN2040	Macroeconomics
BUSN3029	Investments and Portfolio Management
BUSN3031	Derivatives and Risk Management
BUSN3047	Company Accounting
BUSN3049	Corporate Finance
BUSN3054	Taxation Law and Practice
STAT1121	Data Science

Flinders University - BUSN1001: Accounting Principles

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