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Subject overview


STUDY MODE

100% online

AQF LEVEL

9

NEXT INTAKE

28 Oct 2024

SUBJECT DURATION

12 weeks

SUBJECT FEE

$2,600.00


This subject introduces students to the basic framework and key principles of accounting. The subject provides an introduction to management accounting and the analysis of the financial accounting statements. This subject equips students with the ability to analyse and interpret financial data, and apply their knowledge for projecting and assessing the performance of organisations and business units.

Students will follow fictitious case studies through the assessments, so they may apply the above concepts when preparing basic financial statements and reports.

Students will be required to prepare basic financial statements and reports.

Master of Financial Planning >

Graduate Diploma of Financial Planning >

Graduate Certificate in Financial Planning >

Subject information

Learning Outcomes

On successful completion of this subject, individuals should be able to:

  • Analyse and classify accounting transactions drawing on the financial reporting framework and key accounting concepts.
  • Prepare accounts with adjustments within the areas of cash, inventory, non-current assets, and accounts receivables.
  • Prepare basic financial statements and reports.
  • Assess a company’s performance based on the calculation of its financial ratios and other financial data.
  • Analyse the cost behaviour and its impact on businesses’ activities and their profitability.

 

Topics covered

  1. Nature of accounting
  2. Statement of financial position
  3. Income statements
  4. Statement of cash flows
  5. Financial statement analysis 1
  6. Financial statement analysis 2
  7. Profit ratios
  8. Market efficiency ratios 1
  9. Market efficiency ratios 2
  10. Cost behaviour and analysis

Continuing professional development (CPD)

Kaplan Professional has assessed this subject. Click here for the following CPD hours applicable from 1 January 2019 on successful completion of this course. For subjects or courses completed prior to this date, please contact Kaplan Professional’s CPD Support team on 1300 527 526 or pdmail@kaplan.edu.au.

Reading list

Hoggett, J, Medlin, J, Chalmers, K, Beattie, C, Hellmann, A & Maxfield, J 2024, Financial accounting, 12th edn, Wiley, Milton.

Reading list

Assessments

Assessment TypeAssessedWeighting
Online Quiz 1Week 515%
Assignment 1Week 735%
Online Quiz 2Week 1015%
Assignment 2Week 1235%

Previous study requirements

Assumed knowledge

Kaplan Professional assumes that individuals have completed FPC006 Taxation for Financial Planning or understand the content covered in this subject, prior to undertaking FPE014 Financial Accounting Principles.

Course transition subject equivalence

There are no equivalences for this subject.

Subject enhancements

We’ve listened to student feedback, and are pleased to inform you that we’ve made the following improvements to this subject:

• Replaced exam with 2 quizzes and 2 assignments.

Key dates

Study Period 5 2024

29 Jul 2024 - 15 Nov 2024

❌ Enrolments now closed

Early access opens 29 July 2024

Early access to assessments 12 August 2024

Study period commences 26 August 2024

Enrolments close/census 11 September 2024

Study period ends 15 November 2024

Assessment dates See assessment information

Study Period 6 2024

30 Sep 2024 - 17 Jan 2025

✓ Enrolments open now

Early access opens 30 September 2024

Early access to assessments 14 October 2024

Study period commences 28 October 2024

Enrolments close/census 13 November 2024

Study period ends 17 January 2025

Assessment dates See assessment information

Study Period 1 2025

16 Dec 2024 - 4 Apr 2025

✓ Enrolments open now

Early access opens 16 December 2024

Early access to assessments 30 December 2024

Study period commences 13 January 2025

Enrolments close/census 29 January 2025

Study period ends 4 April 2025

Assessment dates See assessment information

Study Period 2 2025

10 Feb 2025 - 30 May 2025

✓ Enrolments open now

Early access opens 10 February 2025

Early access to assessments 24 February 2025

Study period commences 10 March 2025

Enrolments close/census 26 March 2025

Study period ends 30 May 2025

Assessment dates See assessment information

Study Period 3 2025

7 Apr 2025 - 25 Jul 2025

✓ Enrolments open now

Early access opens 7 April 2025

Early access to assessments 21 April 2025

Study period commences 5 May 2025

Enrolments close/census 21 May 2025

Study period ends 25 July 2025

Assessment dates See assessment information

Study Period 4 2025

2 Jun 2025 - 19 Sep 2025

✓ Enrolments open now

Early access opens 2 June 2025

Early access to assessments 16 June 2025

Study period commences 30 June 2025

Enrolments close/census 16 July 2025

Study period ends 19 September 2025

Assessment dates See assessment information

Fees and FEE-HELP

Enrolment feesFee
Subject fee 2024$2,600 (GST free)

Note: If this subject is undertaken as a standalone subject, no FEE-HELP is available.

FEE-HELP is available for individuals undertaking this subject as part of a qualification. Click here to find out if you’re eligible.

Click here for a full list of fees and allowances.

Programs you might be interested in

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Master of Financial Planning

Our online, FAS-approved Master of Financial Planning is a purpose-built higher education qualification set at AQF level 9. It’s designed and developed in consultation with industry experts, and combines advanced technical rigour with practical and relevant performance-focused learning outcomes.
CRS1200364

Master of Applied Finance

Leading online degree designed for ambitious and savvy individuals who are looking for advanced academic rigour, but thrive on practical and real-world learning immediately applicable in the workplace, and directly relevant to future career roles. It caters to experienced finance professionals and those transitioning into the field, integrating learning outcomes with pathways for further accreditation such as a CFA®.
CRS1200368

Graduate Diploma of Financial Planning

An eight-subject postgraduate qualification set at AQF Level 8 and FAS approved. Includes the first eight subjects of the FAS-approved Master of Financial Planning.

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