THE UNIVERSITY OF QUEENSLAND 
ACCT1110: Financial Reporting and Analysis 
Final Examination Guide and Notes 2025 
 
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 - ACCT1110: Financial Reporting and Analysis

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ACADEMIC YEAR 2024 - 2025

University	The University of Queensland
School	Business School
Course Code	ACCT1110
Course Title	Financial Reporting and Analysis
Notes Title	Final Examination Guide and Notes
Page Length	81

This guide provides a comprehensive summary of the key concepts covered in ACCT1110: Financial Reporting and Analysis at the University of Queensland. It highlights essential information to help you understand and apply financial accounting principles effectively. Designed specifically to support your exam preparation, this guide ensures you can recall and apply key concepts with confidence. You don’t need to be an expert in the course - just a basic understanding is enough. These notes serve as a valuable reference to reinforce your learning, enhance your understanding of the topics, and improve your performance in the final exam.

This course provides students with the ability to analyse and record accounting transactions, leading to the preparation of financial statements (income statement, balance sheet, and cash flow statements). Students are introduced to the analysis and interpretation of financial statements, where they are required to calculate and interpret key financial ratios, in order to gain insight into key aspects of, and make recommendations about, an entity's performance.

Main topics to be covered:

Overview of Financial Accounting
The Recording Process
Accrual Accounting
Income Statement 1
Income Statement 2
Balance Sheet 1 - Current Assets
Balance Sheet 2 - Non Current Assets
Balance Sheet 3 - Liabilities and Equity
The Cashflow Statement 1
The Cash Flow Statement 2, Ethics & Sustainability
Analysis and Interpretation of Financial Statements

Incompatible: (ACCT1101 and ACCT2101) or ACCT2111 or 2112 or 7101 or 7804.

Restricted: This course is restricted to students enrolled in the BCom or BCom dual programs.

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 - ACCT1110: Financial Reporting and Analysis

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