UNIVERSITY OF WOLLONGONG 
ACCY201: Advanced Financial Accounting 
Final Examination Guide and Notes 2026 
 
- 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 (Solutions)

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ACADEMIC YEAR 2025 - 2026

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

Discover a comprehensive and easy-to-understand set of notes covering all examinable topics for ACCY201: Advanced Financial Accounting at the University of Wollongong. These notes offer essential information on the exam format, content, and key concepts to focus on. The guide provides a logical structure for weekly topics, emphasising and explaining crucial concepts and methods, along with initial examples for illustration. By utilising this all-inclusive study material, you can swiftly grasp lecture content while practicing with exam-like questions and accessing provided solutions.

This subject 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.

✔ Learning Outcomes:

On successful completion of this subject, students 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;
demonstrate intellectual, interpersonal and communication skills across different media.

SUBJECT CODE	SUBJECT NAME
ACCY111	Accounting Fundamentals in Society
ACCY121	Accounting for Decision Making
ACCY200	Financial Accounting
ACCY201	Advanced Financial Accounting
ACCY211	Management Accounting
BUS 121	Statistics for Business
ECON100	Economic Essentials for Business
ECON205	Macroeconomic Theory and Policy
ECON215	Microeconomic Theory and Policy
ECON339	Applied Economic and Financial Modelling
FIN 111	Introductory Principles of Finance
FIN 222	Corporate Finance
FIN 223	Investment Analysis
FIN 226	Financial Markets and Institutions
FIN 322	Advanced Corporate Finance
LAW 101	Introduction to 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 (Solutions)

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