THE UNIVERSITY OF QUEENSLAND 
ACCT3103: Advanced Financial Accounting 
Final Examination Guide and Notes 2025 
 
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 
 
The 24/7 Online Support You Deserve 
Need to reach out to us with questions or for help? You’ll connect with a private tutor who is extremely passionate about the course to provide assistance and help ensure that you’re on the right track to graduating. 
 
Looking for more study resources? 
Find out about all the services and resources available for students at the University of Queensland

University of Queensland - ACCT3103: Advanced Financial Accounting

$35.00

ACADEMIC YEAR 2024 - 2025

University	The University of Queensland
School	Business School
Course Code	ACCT3103
Course Title	Advanced Financial Accounting
Notes Title	Final Examination Guide and Notes
Page Length	37

Prepare for the ACCT3103: Advanced Financial Accounting final examination at the University of Queensland with this comprehensive exam guide. This resource features exam‐style questions, a clear explanation of the exam structure, and practical advice on avoiding common pitfalls. It presents a logical framework covering all course topics, emphasises key concepts and methods, and includes real‐world examples to demonstrate their application. Thoroughly updated to reflect the latest exam content, this self‐study set equips you with the essential knowledge and skills to excel on exam day.

Accounting for corporate group structures, joint arrangements, associates, foreign currency translations, operating segments, external administration and capital structures. This course is concerned with advanced accounting issues in financial reporting by public companies, the shares of which are listed on the Australian Securities Exchange ("ASX"). The focus of the course is on accounting for corporate structures, namely business combinations such as groups, joint arrangements and associates. The course is intended for people who will be involved in the preparation and/or use of company financial statements whether as accountants, auditors, financial analysts or other financial statement users.

Main topics to be covered:

Accounting for Income Tax
Introduction to Business Combinations
Consolidation: Basic Principles
Consolidation: FVA and Tax Effects
Consolidation: Intra-group Transactions
Consolidation: Partly Owned Subs (DNCI)
Consolidation: Partly Owned Subs (INCI)
Joint Arrangements
Equity Accounting
Insolvency and Liquidation

Incompatible: ACCT7104.
Prerequisite: ACCT2110 or 3102.

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 - ACCT3103: Advanced Financial Accounting

INFORMATION

COURSE DESCRIPTION

RELATED COURSES