1997 QUT Handbook

ance auditing; the internal auditor in large organisations both
public and private; ethical considerations.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: AYN118
■ AYN424 INTERNATIONAL ACCOUNTING
This unit is designed to provide students with an insight into,
and an understanding of, many of the accounting problems and
issues faced in an international business environment. Issues
examined include: comparative international accounting systems
and practices; international accounting standard setting
process and the harmonisation of accounting; cultural influences
on accounting; international patterns of accounting development;
accounting for foreign currency transactions and
derivatives; translation of foreign currency financial statements;
comparative international analysis of financial statements and
global accounting issues into the twenty-first century.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: AYN119
■ AYN426 LEGAL ENVIRONMENT OF BUSINESS
A study of contemporary issues in Business Law.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: ALN303
■ AYN427 LIQUIDATIONS & RECEIVERSHIP
The law and practice of bankruptcy and corporate insolvency;
comparisons between deeds of company arrangement,
schemes of arrangement and reconstruction, receiverships and
liquidation. Topics include: the rights of secured and unsecured
creditors; rights of members and employees; duties and
obligations of scheme administrators, receivers and liquidators;
collection and distribution of assets; public examination;
actions against company officers.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: ALN107
■ AYN429 MANAGEMENT ACCOUNTING (PY)
This unit is designed to satisfy an elective topic in the professional
year program of the Institute of Chartered Accountants
in Australia. The syllabus is revised annually and applied advanced
managerial topics are included as the profession determines
necessary for senior managerial accountants.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: FNN301
■ AYN430 MANAGERIAL ACCOUNTING ISSUES A
Issues for the management accountant in the new manufacturing
environment, viewed from a finance economics perspective.
Topics include performance evaluation; decisionmaking,
cost allocation, operations research techniques.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: FNN110
■ AYN432 PUBLIC SECTOR ACCOUNTING ISSUES
The unit will introduce students to the context and operation
of public sector accounting and reporting. Specific conceptual
and practical issues will be examined which distinguish
public sector accounting from private sector accounting.
Courses: BS70, BS80, BS87, BS94
Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: FNN111
■ AYN433 SPECIAL TOPIC IN ACCOUNTING A
A study of topical areas in the public accounting area.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: AYN302
■ AYN434 SPECIAL TOPIC IN ACCOUNTING B
Issues of significance in managerial accounting and finance.
This unit is offered when required.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: FNN112
■ AYN435 TAXATION 1A (PY)
Prepares candidates enrolled in the Institute of Chartered Accountants
Professional Year for the examination and workshops
in the taxation module. Topics as prescribed by the Institute
are covered in cursory fashion or in depth according to
the particular knowledge level requirements specified.
Courses: BS70, BS87, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: ALN305
■ AYN436 TAXATION 1B (PY)
Prepares candidates enrolled in the Institute of Chartered Accountants
Professional Year for the examination and workshops
in the taxation module. Topics as prescribed by the Institute
are covered in cursory fashion or in depth according to
the particular knowledge level requirements specified.
Courses: BS70, BS87, BS94
Prerequisites: PG only; AYN435 or ALN305
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: ALN301
■ AYN437 TAXATION 2 (PY)
A study program for candidates enrolled in the Advanced Taxation
module of the Institute of Chartered Accountants Professional
Year. Topics prescribed by the Institute are covered in
sufficient depth to meet the requirements as specified in the
module.
Courses: BS70, BS87, BS94
Prerequisites: PG only; AYN436 or ALN301
Credit Points: 12 Contact Hours: 3 per week
Incompatible with: ALN302
■ AYN438 TAXATION LAW & PRACTICE
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: BS30, BS89, GS70, GS81
Prerequisites: PG only; AYN412
Credit Points: 12 Contact Hours: 3 per week
■ AYN439 MANAGEMENT ACCOUNTING
Planning and control; decision-making and relevant costs;
responsibility accounting; cost allocation; pricing techniques;
transfer pricing; performance evaluation.
Courses: BS89, GS70, GS81
Prerequisites: PG only; AYN414
Credit Points: 12 Contact Hours: 3 per week
■ AYN441 ADVANCED AUDITING
This unit will examine current auditing technologies at an
advanced level. These technologies are aimed at enhancing
the efficiency and effectiveness with which audits are conducted.
The unit will enable students to develop an understanding
of the principles underlying these technologies and
to provide practical experience in the application of these technologies
in auditing. Topics include: statistical sampling, analytical
review using forecasting, audit software, expert systems,
audit automation.
Courses: BS70, BS94 Prerequisites: PG only; AYN409
Credit Points: 12 Contact Hours: 3 per week
■ AYN442 SUPERANNUATION
Government retirement income policy; an evaluation of superannuation;
inquiries into superannuation; taxation of superannuation;
types of plans and their advantages and disadvantages;
Australia’s superannuation regulatory system; critical
evaluation of same; accounting for superannuation plans
and employee entitlements; audit of superannuation plans;
critical evaluation of same; performance evaluation of superannuation
plans; contemporary issues in superannuation.
Courses: BS70, BS94 Prerequisites: PG only
Credit Points: 12 Contact Hours: 3 per week
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UNIT SYNOPSES