UNIVERSITY OF WOLLONGONG 
ACCY201 - 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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University of Wollongong - ACCY201: Advanced Financial Accounting

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ACADEMIC YEAR 2023 - 2024

University	University of Wollongong
Study Level	Undergraduate
Subject Code	ACCY201
Subject Name	Advanced Financial Accounting
Notes Title	Final Examination Guide and Notes
Page Length	35

Feeling anxious about your upcoming final exam in ACCY201: Advanced Financial Accounting at the University of Wollongong? Our updated exam guide is the perfect tool to help you prepare and succeed. With comprehensive exam-style questions and detailed analysis of potential pitfalls, you'll gain the confidence and knowledge you need to tackle the exam head-on. Updated for 2024, this guide offers a clear understanding of how the final exam will be structured, along with likely styles and ranges of questions. Our self-study set covers all topics to be tested in exam questions and includes sample exams with working solutions, so you'll be familiar with the types of questions you'll encounter. Get the help you need to excel in your ACCY201 exam today!

This subject, Advanced Financial Accounting (ACCY201) - builds on ACCY200 to understand and evaluate advanced accounting techniques. Students will apply critical and analytical skills to the interpretation and application of accounting standards in complex business arrangements. In this, subject students will have the opportunity to acquire the skills necessary for professional practice, including industry-based experience.

✔ On successful completion of this subject, you will be able to:

identify and apply relevant legislation and accounting standards to complex business arrangements and transactions;
develop professional judgement and the competencies necessary for professional practice;
critically evaluate the interrelated ethical and corporate governance issues related to accounting practice; and,
demonstrate intellectual, interpersonal and communication skills across different media.

SUBJECT CODE	SUBJECT NAME
ACCY111	Accounting Fundamentals in Society
ACCY112	Accounting in Organisations
ACCY200	Financial Accounting IIA
ACCY211	Management Accounting II
COMM121	Statistics for Business
ECON100	Economic Essentials for Business
ECON205	Macroeconomic Theory and Policy
ECON215	Microeconomic Theory and Policy
FIN111	Introductory Principles of Finance
FIN222	Corporate Finance
FIN223	Investment Analysis
FIN226	Financial Markets and Institutions
FIN322	Advanced Corporate Finance
FIN323	Portfolio Analysis
LAW101	Introduction to Law
LAW315	Taxation Law
MARK101	Marketing Principles
MGNT201	Organisational Behaviour
STAT101	Introduction to Statistics
STAT201	Random Variables and Estimation
STAT251	Fundamentals of Biostatistics
STAT332	Generalised Linear Models

University of Wollongong - ACCY201: Advanced Financial Accounting

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