1997 QUT Handbook

Courses: BS56 Prerequisites: AYB225
Credit Points: 12 Contact Hours: 4 per week
Incompatible with: FNB124, ACB321, AC3009,AC3025
■ AYB323 TAX PLANNING
Principles of tax practice; judicial, statutory and professional
approaches to tax avoidance and evasion; structuring and restructuring
business enterprises; tax planning for the employee,
investor, beneficiary and divorcee.
Courses: BS56 Prerequisites: AYB326 or AYB328
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: ALB131
■ AYB325 TAXATION LAW
Statutory framework; assessable income, general and specific;
capital gains; trading stock; allowable deductions, general and
specific; levy of income tax: all entities; fringe benefits tax.
Courses: BS56, BS81 Prerequisites: AYB223
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: ALB132, ACB340, LW3004, LW3015
■ AYB327 ADVANCED COMPUTERISED
ACCOUNTING APPLICATIONS
This unit provides a practical understanding of computers as
used in Business management decision making. Topics to be
covered, from an applied computing perspective, include: cash
budgeting; master budgeting; cost estimation; job costing; cost
allocation; variance analysis; and cost-volume-profit analysis.
The unit will give students advanced knowledge in
spreadsheeting, graphics, and accounting packages, and will
show how to apply these packages to the selected managerial
accounting topics. It will provide students with extensive experience
in interpreting the results of the process from a
managerial decision-making point of view.
Courses: BS50, BS56 Prerequisites: BSB112
Corequisites: AYB225
Credit Points: 12 Contact Hours: 3 per week
■ AYB328 TAXATION LAW II
The income tax treatment of the various business entities and
classes of taxpayer; the principles governing the taxation of
international transactions; taxation disputes and indirect business
taxes.
Courses: BS50, BS56 Prerequisites: AYB325
Credit Points: 12 Contact Hours: 3 per week
■ AYN001 MANAGERIAL ACCOUNTING FOR
ENGINEERS
An explanation of management accounting concepts and terminology
and a coverage of the accounting communication
and reporting system of managerial accounting; using accounting
information for special decision-making; how costs are
accumulated for manufacturing control purposes; current issues
in accounting for manufacturing including activity-based
costing, costing for quality, costing for productivity; budgets;
allocation of overhead costs; using standard costing and variance
analysis.
Courses: ME76 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: FNN113
■ AYN400 ACCOUNTING 1 (PY)
See AYN404 Advanced Company Accounting. Please contact
the School of Accountancy office regarding commencement
date. This unit runs outside the normal semester timetable.
Courses: BS70, BS87, BS94 Prerequisites: PG only;
AYN420 or AYN117
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: AYN404, AYN103, AYN300
■ AYN401 ACCOUNTING 2 (PY)
This unit satisfies the Professional Year syllabus of the Institute
of Chartered Accountants in Australia in applied areas of
managerial accounting, finance and auditing. The unit builds
upon the undergraduate framework in these areas. Topics are
revised annually by the Institute with a focus on applied practice.
Courses: BS70, BS87, BS94
Prerequisites: PG only; AYN400 or AYN300
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: FNN300
■ AYN402 ACCOUNTING INFORMATION
SYSTEMS (PY)
Examination at an advanced level of accounting information
systems (AIS). Topics include AIS strategic planning, feasibility
analysis, systems development and implementation,
networks and the electronic business.
Courses: BS70, BS87, BS89, BS94, GS70, GS81
Prerequisites: PG only; AYN416 or AYN112 or GSN202 or
AYN403
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: AYN303
■ AYN404 ADVANCED COMPANY ACCOUNTING
Consolidated financial statements; changes in degree of ownership;
reverse subsidiaries and reciprocal shareholdings; consolidation
and the existence of preference shares; translation
and consolidation of foreign currency financial statements;
consolidated cash flow statements; accounting for joint ventures,
foreign currency transactions; segment reporting; and
superannuation funds. Please contact the School of Accountancy
office regarding commencement date. This unit runs
outside the normal semester timetable.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: AYN400, AYN300, AYN103
■ AYN405 ADVANCED TAX PLANNING
Application of technical expertise in income tax and other
revenue laws to specific tax planning situations including
employment, retirement, investment, business and professional
practice; the professional responsibilities of tax advisers.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: ALN101
■ AYN406 CAPITAL GAINS TAX
Analysis of the capital gains tax regime, a discrete area of
taxation law that is complex in nature and has far-reaching
commercial ramifications. The focus is on specific issues that
have significant practical relevance.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: ALN102
■ AYN408 AUDITING (PY)
Examination at an advanced level of auditing standards and
their practical application, judgmental and statistical audit
sampling; EDP controls, and computer-assisted audit techniques,
and audit reporting.
Courses: BS70, BS87, BS94
Prerequisites: PG only; AYN401 or FNN300
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: AYN301
■ AYN409 AUDITING STANDARDS & PRACTICE
An examination of relevant auditing standards and their implications
for practice. Case studies develop an analytical approach
and the ability to exercise professional judgement in
audit problems. Recent journal articles, legal cases and newspaper
reports are used in conjunction with the cases.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: AYN107
■ AYN410 BUSINESS LAW & ETHICS
Introduction to business law and to morality in the business
context. Interpretation of statutes, law of torts, contract law,
consumer protection and agency; morality and how it works
as an aspect of the business community; the origins of moral
belief, and the motives which lead people to abide by what
they believe to be morally right and to persuade others to do
likewise. The functioning morality in society drawing on psychological,
sociological and philosophical perspectives with
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UNIT SYNOPSES