MONASH UNIVERSITY 
ACF3100: Advanced financial accounting 
* 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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Monash Uni - ACF3100: Advanced Financial Accounting (Solutions)

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ACADEMIC YEAR 2023 - 2024

University	Monash University
Study Level	Undergraduate
Unit Code	ACF3100
Unit Name	Advanced financial accounting
Notes Title	Final Examination Guide and Notes
Page Length	37

* Prepare for the ACF3100: Advanced financial accounting - Final Examination 2024, at Monash University with the most complete exam guide available for this unit, including exam-style questions and advice on common examination pitfalls. You will get with a clear picture of how the final exam will be assessed, and how it is structured, as well as the likely style and range of questions that you could see in the real exam. The purpose of this guide is to provide a logical structure for the topics that make up the course; and to provide initial examples to which the concepts and methods are applied. This self-study set has been thoroughly updated to cover all the topics contained in the latest edition of the exam.

- Monash University's ACF3100: Advanced Financial Accounting equips undergraduate business students (Faculty of Business and Economics, Department of Accounting) with critical thinking, problem-solving, and teamwork skills to navigate complex financial issues in a globalised environment. Through analysing accounting decisions, reporting practices, and regulations through various theories, students will explore their impact on corporations, addressing contemporary issues like measurement, sustainability, and social responsibility. This unit requires successful completion of ACB2120, ACC2100, or ACF2100 - all 6 credit point financial accounting courses.

✔ Learning Outcomes:

Evaluate contemporary financial accounting issues
Apply a range of theories to explain accounting practices and show an understanding of the judgments, estimations, and assumptions influencing accounting numbers
Critically assess changing influences in standard setting and regulatory requirements
Apply judgment, communication, research, and problem-solving skills to deal with advanced financial accounting issues
Contribute effectively to and reflect critically on teamwork

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 - ACF3100: Advanced Financial Accounting (Solutions)

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