MONASH UNIVERSITY 
ACF1100: Introduction to financial accounting 
* Final Examination Guide and Notes 2024 
 
- 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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Monash Uni - ACF1100: Introduction to Financial Accounting (Solutions)

$35.00

ACADEMIC YEAR 2023 - 2024

University	Monash University
Study Level	Undergraduate
Unit Code	ACF1100
Unit Name	Introduction to financial accounting
Notes Title	Final Examination Guide and Notes
Page Length	80

* The ACF1100: Introduction to financial accounting - Final Examination Guide and Notes 2024, at Monash University provides students with a unique summarised version of the core information contained in the full course, 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 course, you just need a basic understanding, and be able to quickly recall the information that you learn. This updated exam prep guide also helps you identify your weak areas, so you will pass the final exam on your first attempt!

- This unit, ACF1100 is designed for you if you are undertaking the accounting major. It will provide an introduction to financial accounting guided by the Conceptual Framework and Accounting Standards. Emphasis is placed on accounting processes, practices and policies that enable the financial statements to be prepared. You will integrate theoretical and technical knowledge learned and exercise judgement to explore accounting issues.

✔ Learning Outcomes:

Identify and analyse measurement systems and their relationship with the Accounting Conceptual Framework.
Apply the principles of double-entry and accrual accounting.
Describe and apply definitions and recognition criteria for assets, liabilities, incomes and expenses as specified in the Conceptual Framework.
Apply principles of selected Accounting Standards and prepare financial statements for business entities including service and retail organisations.

UNIT CODE	UNIT NAME
ACF1100	Introduction to financial accounting
ACF2100	Financial accounting
ACF2200	Introduction to management accounting
ACF3100	Advanced financial accounting
BFC3140	Corporate finance 2
BFF1001	Foundations of finance
BFF2140	Corporate finance 1
BFF2401	Commercial banking and finance
BFF3121	Investments and portfolio management
BFF3751	Derivatives 1
BTF1010	Business law
BTF3931	Taxation law
ECC2000	Intermediate microeconomics
ECF1100	Microeconomics
ECF1200	Macroeconomics
ETC1000	Business and economic statistics
ETF1100	Business statistics
ETF2100	Introductory econometrics
ETF3200	Applied econometrics
MGF1010	Introduction to management
MKF1120	Marketing theory and practice
STA1010	Statistical methods for science

Monash Uni - ACF1100: Introduction to Financial Accounting (Solutions)

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