Financial Accounting and Theory

ACC80019 12.5 Credit Points Hawthorn, Online Available to incoming Study Abroad and Exchange students


  • One Semester or equivalent

Contact hours

  • 36 hours Face to Face + Blended + Swinburne Online

On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.

2024 teaching periods


Higher Ed. Semester 2

29 Jul 24 - 27 Oct 24

3 Dec 24

Last self enrolment:
11 Aug 24

31 Aug 24

Last withdraw without fail:
13 Sep 24


Concurrent pre-requisites: can be either completed prior or at the same time 

Aims and objectives

This unit develops students’ knowledge of the theoretical and technical underpinnings of current financial and non-financial reporting practices and market reactions to financial and non-financial information.
Unit Learning Outcomes (ULO) 
Students who successfully complete this Unit should be able to:
1. Critically assess and appreciate regulatory influences and professional judgement on financial and non-financial reporting practices of firms
2. Apply theoretical and technical knowledge and skills to explain financial accounting and reporting practices for firms
3. Critically evaluate the principles underpinning the current Australian and International accounting standards and their impact on reporting practices
4. Apply a principles based approach to determine accounting treatment for business transactions
5. Apply knowledge of accounting theory to predict market reactions to financial and nonfinancial information