WESTERN SYDNEY UNIVERSITY

ACCT 3003: Accounting Standards and Governance

* 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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Western Sydney University

Western Sydney University - ACCT 3003: Accounting Standards and Governance

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ACADEMIC YEAR 2023 - 2024

University	Western Sydney University
Study Level	Undergraduate
Subject Code	ACCT 3003
Subject Name	Accounting Standards and Governance
Notes Title	Final Examination Guide and Notes
Page Length	36

* Prepare for ACCT 3003: Accounting Standards and Governance at Western Sydney University - Final Examination 2024 with the most complete exam guide available for this subject. It includes exam-style questions and advice on common examination pitfalls. You will get a clear picture of how the final exam will be assessed, how it is structured, and the likely style and range of questions you could see in the real exam. The purpose of this guide is to provide a logical structure for the topics that make up the subject, to emphasise and explain the important concepts and methods in each topic, and to provide initial examples to which the concepts and methods are applied. This self-study set has been thoroughly updated to cover all the topics contained in the latest edition of the exam!

This subject builds on the first and second year accounting subjects, exploring financial reporting issues in greater depth and challenging students to question the foundations of financial reporting. Topics are on the International Financial Reporting Standards (IFRS) and the Australian Accounting Standards Board equivalents (AASB).

✔ Subject Content:

Accounting regulation, conceptual framework and accounting for liabilities revenue, expenses, equity and intangibles
Applying accounting standards and accounting theory
Accounting for property plant and equipment: revaluations
Accounting for impairment: intangibles
Accounting for financial instruments
Accounting for revenues
Accounting for employee benefits
Accounting for leasing
Accounting for different types of business structures: equity and share capital
Financial statement analysis
Corporate social responsibility (CSR) and environmental social governance (ESG)

SUBJECT CODE	SUBJECT NAME
ACCT 1005	Accounting in Context
ACCT 1010	Management Accounting Fundamentals
ACCT 2005	Techniques in Financial Accounting
ACCT 3003	Accounting Standards and Governance
BUSM 1027	Organisational Behaviour
ECON 1003	Financial Institutions and Markets
ECON 1006	Introduction to Economic Methods
ECON 1011	Principles of Economics
ECON 1013	The Australian Macroeconomy
ECON 1014	Consumers, Firms and Markets
ECON 2002	Corporate Financial Management
ECON 2007	Macroeconomic Theory
ECON 3001	Applied Econometrics
ECON 3003	Derivatives
ECON 3006	Economic and Financial Modelling
FINC 3008	Investment Management
FINC 3015	Security Analysis and Business Valuation
LAWS 1001	Enterprise Law
LAWS 3070	Taxation Law
MATH 1030	Statistics for Business
MKTG 1006	Marketing Principles

Western Sydney University - ACCT 3003: Accounting Standards and Governance

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