THE UNIVERSITY OF QUEENSLAND 
ACCT2111: Principles of 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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University of Queensland

University of Queensland - ACCT2111: Principles of Financial Accounting

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ACADEMIC YEAR 2023 - 2024

University	University of Queensland
Study Level	Undergraduate
Course Code	ACCT2111
Course Title	Principles of Financial Accounting
Notes Title	Final Examination Guide and Notes
Page Length	81

* This guide allows you to understand how the ACCT2111: Principles of Financial Accounting, University of Queensland - Final Examination 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 final exam. It contains sample exam questions complete with a detailed answer guide to help students with question style and identify priority topics to review as they prepare for the exam. The guide also offers vital information on exam format, what will be on the exam and key concepts you should be focusing your studies on. Get yours today!

- The aim of this course, ACCT2111: Principles of Financial Accounting is to teach you the language of business. The course demonstrates how accountants convert the economic outcomes of business decisions into financial statements using generally accepted accounting principles. By understanding this process you should be able to read, interpret and have a strong basic knowledge of how to analyse real-world financial statements.

✔ Main topics covered:

Introduction to Financial Accounting & Financial Statements
Double Entry Accounting System
Adjusting & Closing Entries in Double Entry System
Accounting for Retailing Firms
Accounting System & Conceptual Framework
Current assets I - Cash & Receivables
Current assets II - Inventories
Non-current Assets
Liabilities & Cash Flow Statement
Financial Statement Analysis

COURSE CODE	COURSE TITLE
ACCT1101	Accounting for Decision Making
ACCT1110	Financial Reporting and Analysis
ACCT2102	Intermediate Management Accounting
ACCT2110	Intermediate Financial Accounting
ACCT2111	Principles of Financial Accounting
ACCT3103	Advanced Financial Accounting
ACCT3106	Analysis of Financial Statements
ECON2020	Intermediate Macroeconomics
ECON3210	Financial Markets and Institutions
FINM1415	Introduction to Finance
FINM2411	Principles of Financial Management
FINM2415	Corporate Finance
FINM2416	Asset Pricing
FINM3405	Derivatives and Risk Management
FINM3411	Applied Corporate Finance
LAWS1100	Business Law
LAWS3101	Income Tax Law
MGTS1301	Introduction to Management
MKTG1501	Foundations of Marketing
STAT1201	Analysis of Scientific Data

University of Queensland - ACCT2111: Principles of Financial Accounting

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