University Subjects

ACCT1511: Accounting and Financial Management 1B

ACCT1511: Accounting and Financial Management 1B

University
University of New South Wales
Subject Link
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Subject Reviews

RuiAce

7 years ago

Assessment
A team quiz and an individual quiz for every tutorial (excluding the first tutorial - practice week). The final exam is weighted 60%, with a challenging multiple choice section (worth 3x the marks of the objective responses).
Assumed Knowledge
ACCT1501 is a prerequisite as it is the immediate follow-up course. The first 5 weeks of ACCT1501 are essentially 'elementary knowledge'.
Comments
Conceptually, equally difficult to its prerequisite course. This course aims to fill in the gaps left behind 1A, thus provide everything you need to commence second year accounting.

This was the first time since 2.5 years they switched BACK to the lecture/tutorial scheme. Note that prior to this semester it was taught in a 'seminar' style. Lectures are, in general, similar to 1A. The fortnightly tutorials are taught in "The Place" (ground floor, ASB) and put a nice emphasis on group work, that is, if you try to work with your group. Personally, I managed to make some good friends out of the tutorials.

Quizzes are usually free marks, but they're not easy per se and it's possible to mess up. Final exam was a shocker; questions that were usually in the style of long responses got condensed into multiple choices and I found myself changing my answers too often. Definitely more content heavy than 1A, but if you did well in that then you can do well here.

It is generally recommended to take 1B (if you must take it) RIGHT AFTER you do 1A. Otherwise, you forget too many concepts too easily.
Contact Hours
2 hours of Lectures weekly, 2 hours of Tutorial fortnightly
Difficulty
3.5/5
Lecture Recordings?
No - Instead, they have these 10-20 min clips which explain the concepts via questions more briefly
Lecturer(s)
Per Tronnes (LIC), Victoria Clout, Kevin Li
Notes / Materials Available
All tutorial questions are based off past paper questions, hence you do past papers as you go. The past papers are provided on Moodle. But there's little to no resources for multiple choice - serious scavenging required.
Overall Rating
3.5/5
Textbook
Trotman, K. Gibbins, M. & Carson, E., 2016 Financial Accounting: An Integrated Approach 6th edition + Management Accounting Supplement - As opposed to 1A, generally not used at all.
Year & Semester Of Completion
2016/2
Your Mark / Grade
87 HD

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