Financial Accounting

Shirley Carlon, Rosina Mladenovic-McAlpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong

For sale by Ben for $15

Accounting BSB110 Cutom Book Source Book - see text

Pearson Education Australia

For sale by Sarah for $30

Accounting BSB110

Queensland University of Technology. School of Accountancy

For sale by Zahra for $50

BSB110: Accounting - Notes and Exam Prep

These notes cover all examinable content for BSB110. It includes lecture notes, examples, tables and...

31 pages, 5756 words

BSB110 Final Exam Revision

Detailed and comprehensive notes for each topic relevant to the final BSB110 examination.

11 pages, 3475 words

Exam Revision - Topic 10

Thorough revision of these chapters, relating to the exam. Including diagrams/examples where necessa...

4 pages, 638 words

Exam Revision - Topics 7, 8 & 9

Thorough revision of these chapters, relating to the exam. Including diagrams/examples where necessa...

17 pages, 2240 words

Mike

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Reviews

A great subject, which can be tricky at times to get your head around, which is why a tutor is so helpful for this unit.

Anonymous, Semester 2, 2017

This course is a great introduction to accounting. To those doing accounting for the first time, it can become overwhelming but if you get a tutor to just help you with your weaknesses, you'll be fine

Anonymous, Semester 1, 2016

This is a very unenjoyable subject! Too much theory no practicals.

Anonymous, Semester 1, 2017

A great little unit to get started in accounting. Easy to understand and get a great mark as long as you follow the learning in tutorials and lectures.

Anonymous, Semester 1, 2017

Lecturer always ran out of time, which can only come from poor planning. Thinks the word 'but' is no good to say because her son told her so, and this became a time waster when she would accidentally say it and tell the same old story why she shouldn't say it. She was entertaining though when she related accounting to relationships, for example that a partnership is like a marriage, or that assets like her car last longer than her marriage. Content was thoroughly enjoyable, but I think you have to like numbers to enjoy it. That said, maths level was very basic. Lecturer mentioned 'higher order thinking' concepts but these were only logical and did not extend my high cognitive function. For example, that an incentivised manager should choose the depreciation method that results in higher profit. Or that an owner should choose one that results in less profit to minimise tax. Very basic concepts indeed. For exam, learn the two primary qualitative characteristics: relevance and faithful representation. Enhancing qualitative characteristics are not assessed, although they are covered in tutorials and good to know. Pay attention to financial ratios early on as they are assessed in the exam, but you only need to know whether a change is good or bad and be able to briefly explain what the ratio means and what it measures. You don't need to know how to calculate the ratio in exam but you do for the assignment. Also know cash receipts from customers and cash payments to suppliers calculation, but don't bother with a full statement of cash flows.

Anonymous, Semester 1, 2017

a basic accounting concept and it is easy

Anonymous, Semester 2, 2015

I have personally taken this course in 2011 and have been tutoring this course every semester since then, the program have remained largely the same, however, I have found that a lot of the materials needed updating! For example, the program now teaches Bank Reconciliation in a different format to 6 years ago, however, you would see in some of the worksheets provided and especially in the revision paper provided at the end of the semester, that the format given is still the same as the ones in 2011 before the changes! It is even worse when the solutions are also not updated and remained the same as the old format, so students in current semesters are unable to understand where and how they have got the answers wrong or even if the answer is wrong! The revision paper, while there have been updates, remains irrelevant in quite a few topics where the focus in recent semesters are obviously not the same as it has been. I hope these problems get fixed ASAP to avoid many confusion amongst students.

Anonymous, Semester 1, 2012

The new lecturer, Chrisann is hopeless. I am annoyed by her voice (possibly just my own opinion though). Janet was fantastic though, I don't know why they didn't just keep her for the whole semester. The new lecturer is so frustrating with the way she goes through content, and she's always getting distracted, mostly by food. I totally lost all motivation to attend lectures, and watching them online was even more annoying, because it was just her voice. I ended up just taking notes from the slides and going to the workshops to learn content.

Anonymous, Semester 2, 2016

Janet was great, got everything with her and was able to pick up the content really well. Not sure who this new lecturer is but shes absolutely useless. for one she skips slide before iv even go the chance to read them and doesnt bother to explain anything but assumes we know. Dont even understand what shes staying. Accounting has become an absolutely hell to learn she came in.

Anonymous, Semester 2, 2016

I found the lectures helpful, there were lots of practice questions each week and a weekly quiz during lecture time. The assignment was very manageable and the lecture content was well covered with worked examples in the slides. The toughest part for me was understanding the debits and credits but once I got that, it was just a matter of practicing. I used the online resources which came with the new book and that was good for revision and the text book had additional examples that I used along with the weekly assigned questions. Overall, I was happy with this subject.

Anonymous, Semester 2, 2015