ACCTG 102 : Accounting Concepts
Business and Economics
2025 Semester One (1253) (15 POINTS)
Course Prescription
Course Overview
ACCTG 102 builds on the introduction to nancial accounting which began in the first-year core course of BUSINESS 114. As a core/required course that is taken by all Bachelor of Commerce and Bachelor of Property students, BUSINESS 114 oers a "user" perspective to the broad areas of nancial accounting, management accounting, and nance. ACCTG 102 then plays a more focused role as the first anchor/required course that is taken by all students who have decided to study one of the Accounting and Finance majors in the Bachelor of Commerce. As such, ACCTG 102 oers more of the "preparer" perspective that is required of students who are studying such majors. In connecting strongly to the New Zealand Conceptual Framework for Financial Reporting and the International Financial Reporting Standards ("IFRS"), ACCTG 102 seeks to provide students with the ability to analyse (1) which business events should be recorded in accounting records; (2) how such business events are recorded; and (3) how those events are summarised in nancial statements. ACCTG 102 aims to achieve these goals through active student engagement, primarily by having students engage in weekly problem solving.
Capabilities Developed in this Course
| Capability 2: | Sustainability |
| Capability 3: | Knowledge and Practice |
| Capability 4: | Critical Thinking |
| Capability 5: | Solution Seeking |
| Capability 6: | Communication |
| Capability 8: | Ethics and Professionalism |
Learning Outcomes
- Develop an integrated understanding of the New Zealand financial reporting environment populated by "for-profit" companies that must follow IFRS within a range of domestic and global business contexts. (Capability 2 and 8)
- Analyse and apply specialised knowledge of the New Zealand Conceptual Framework for Financial Reporting to (local and global) business and accounting events while considering ethics, wellbeing and respect for others in relation to personal and professional conduct. (Capability 4 and 8)
- Apply a broad and integrated understanding of the processes in an accounting period cycle to address the business challenges facing service and merchandising businesses within a local and global context based on specialised IFRS standards. (Capability 3 and 6.2)
- Critically apply discipline specific problem-solving skills in an industry-based context based on well-reasoned and evidence-based arguments or conclusions. (Capability 5 and 6.2)
- Use cloud-based software tools to apply accounting concepts and demonstrate basic accounting information processes for business and accounting events. (Capability 3, 6.2 and 8)
- Recognise the importance of guardianship and analyse sustainability risks and opportunities as they relate to the sustainability (accounting) reporting of contemporary social, environmental and economic issues within a domestic and global context. (Capability 2)
Assessments
| Assessment Type | Percentage | Classification |
|---|---|---|
| Assignments, Online Quizzes and Other Coursework | 30% | Individual Coursework |
| Mid-semester Test | 20% | Individual Test |
| Final Exam | 50% | Individual Examination |
| 3 types | 100% |
| Assessment Type | Learning Outcome Addressed | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | |||||
| Assignments, Online Quizzes and Other Coursework | ||||||||||
| Mid-semester Test | ||||||||||
| Final Exam | ||||||||||
Workload Expectations
This course is a standard 15 point course and students are expected to spend 10 hours per week involved in each 15 point course that they are enrolled in.
For this course across the entire semester, you can expect 24 hours of attendance for live in-class workshops, 52 hours of self-study, reading and thinking about the content, 24 hours of workshop problem preparation, and 50 hours of work on coursework, mid-semester test assessment and final exam assessment preparation.
Delivery Mode
Campus Experience
Workshops will be held in an on-campus class environment and attendance is expected. Different parts and aspects of the Workshops will also be available as recordings, noting that workshop recordings are meant to provide a backup, say for a missed class or for later study and revision purposes, as opposed to being a complete replacement for coming to classes.
In-person and online office hours will be on offer as additional support by the Course Lecturer and Tutors.
Exam timetables are normally published online during the mid-semester break of the relevant semester. At that point, you will also learn the mode for each of your exams, e.g., if it will be a remote/online exam, and/or an on-campus exam.
Study material will be released progressively throughout the course through Canvas.
The activities for the course are scheduled as a standard weekly timetable delivery.
This course runs to the University semester timetable and all the associated completion dates and deadlines will apply.
Learning Resources
Course materials are made available in a learning and collaboration tool called Canvas which also includes reading lists and lecture recordings (where available).
Please remember that the recording of any class on a personal device requires the permission of the instructor.
Student Feedback
At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.
Your feedback helps teachers to improve the course and its delivery for future students.
Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.
Improvements to the course stemming from student feedback will also be communicated through faculty staff-student consultative committees.
Academic Integrity
The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework, tests and examinations as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. A student's assessed work may be reviewed against electronic source material using computerised detection mechanisms. Upon reasonable request, students may be required to provide an electronic version of their work for computerised review.
Class Representatives
Class representatives are students tasked with representing student issues to departments, faculties, and the wider university. If you have a complaint about this course, please contact your class rep who will know how to raise it in the right channels. See your departmental noticeboard for contact details for your class reps.
Inclusive Learning
All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.
Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website http://disability.auckland.ac.nz
Special Circumstances
If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due.
If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.
This should be done as soon as possible and no later than seven days after the affected test or exam date.
Learning Continuity
In the event of an unexpected disruption we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and your assessment is fair, and not compromised. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator, and if disruption occurs you should refer to the University Website for information about how to proceed.
Student Charter and Responsibilities
The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html.
Disclaimer
Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.
In this course you may be asked to submit your coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. The final decision on the completion mode for a test or examination, and remote invigilation arrangements where applicable, will be advised to students at least 10 days prior to the scheduled date of the assessment, or in the case of an examination when the examination timetable is published.