University Subjects

ACCT2033: Financial Accounting and Analysis

ACCT2033: Financial Accounting and Analysis

University
RMIT University
Subject Link
View Subject

Subject Reviews

mein_kampf

7 years ago

Assessment
30% = 3x online tests
20% = group project, comprised of two parts
50% = exam
Comments
Subject content is boring, but fundamental to accounting. It can be hard to initially grasp, but once you get the hang of it you'll be pumping out T accounts and financial statements in no time.

Online tests are fast (10 or 20 minutes, 10 questions), but they reuse questions from other sources. Just copy paste the questions into google and you'll find the answers. Moderate difficulty.

You must choose your own groups. Part 2 of this assignment is a huge pain in the ass because you need to use university software (MYOB) to complete it, meaning you (and by extension, your group) have to come to uni. I had an extremely negative experience with this assignment with regards to group member schedules and excuses so I would recommend just doing everything yourself, the assignment is not much work and can be done solo.

The exam is short/long answer questions. Make sure you know how to do statements of cash flows (direct & indirect method) as this will be on every exam. Other financial statements may or may not appear. There will be 2 or 3 marks on the dumb crap taught to you in lecture 1/2 that noone cares about.

Tutors try to go through the questions in the textbook but you can just look at the detailed answers on the LMS. You may have to come to tutes to hand in/receive assignments though.

It may be a good idea to get the book but you'll live without it.
Lecture Recording Enabled
Yes, with screen capture
Lecturer(s)
Does anyone even care about who the lecturers are?
Past Exams Available
Yes, only one.
Rating
2.5/5
Textbook Recommendation
Financial Accounting: reporting, analysis and decision making 5th edition. Questions from the book are covered in the tutorials and detailed answers are on LMS
Workload
1x one hour tute, 1x two hour lecture
Year & Semester Of Completion
Sem 1 2017
Your Mark / Grade
HD

Did you find this review helpful?

Study Honours at the no.1 university in Australia

Open to students from all universities, Honours in Biomedical and Health Sciences builds on your bachelor’s degree in science or health and enables you to explore your interests in research. If you’re interested in pursuing a PhD or becoming a qualified health professional, then Honours is an ideal pathway.

Find out more