Filter By
Filter Reset
Lectures
  • All Lectures
  • Lecture 1 (8)
  • Lecture 2 (5)
  • Lecture 3 (5)
  • Lecture 4 (6)
  • Lecture 5 (6)
  • Lecture 6 (7)
  • Lecture 7 (6)
  • Lecture 8 (5)
  • Lecture 9 (6)
  • Lecture 10 (5)
  • Lecture 11 (5)
  • Lecture 12 (5)
Semester
Class Notes (1,032,691)
AUS (35,062)
ACCT (88)
ACCT1501 (69)

Class Notes for ACCT1501 at University of New South Wales

Accounting and Financial Management 1A

ACCT1501 Lecture Notes - Lecture 4: Accounting Information System, General Ledger, Financial Statement
Premium

Eezu Tan Week 4 Record-Keeping Prepayments are considered assets because they imply future eco benefits! (ie. Paying for something beforehand to receive a future GS) E.g You spend 24,000 on 24months rent in advance. DR Pre...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 5: Intangible Asset, Financial Statement, Ob River
Premium

Week 5 Accrual Accounting Adjustments 1) Accrual accounting vs. Cash accounting Revenue Recognition Expense Recognition Summary: Cash vs. Accrual Profit The earning of revenue is not necessarily accompanied by an inflow of...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 9: Perpetual Inventory, Inventory Control, Internal Control
Premium

Week 9 Inventory and Non-Current Assets Goods (Products, stock, inventory) buy and sell ready-made products + manufacture and sell goods 1) Explain the difference between periodic and perpetual inventory systems and prepar...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 8: Accounts Receivable, Debits And Credits, Matching Principle
Premium

Week 8 Accounts Receivable and Further Record-Keeping Accounts receivable = debtors = trade debtors Sales credit Benefits Costs Earn more revenue if willing to sell to Additional record keeping customers who wish to buy on...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 12: Cost Driver, Maximum Capacity, Fixed Cost
Premium

Week 12 Cost-Volume-Profit (CVP) Analysis 1) Identify and give examples of fixed, mixed and variable costs. How profitability changes as production level changes Cost Behaviour How costs change with respect to changes in a...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 11: Management Accounting, External Auditor, Business Process
Premium

Week 11 Introduction to Management Accounting 1) Explain the differences between financial and management accounting. Management Accounting Area of accounting concerned with the provision of information to all levels of ma...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 7: Certified Practising Accountant, Cpa Australia, Internal Control
Premium

Week 7 Internal Control and Cash 1) Describe fundamental principles of professional accountant (APES 110). Professional ethics - The rights that a profession enjoys income in return for promises made concerning the quality...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 10: Financial Ratio, Risk Premium, Accounts Payable
Premium

Week 10 Financial Statement Analysis 1) Explain the purpose and limitations of financial ratio analysis. Financial Statement Analysis (FSA) Financial statements allow comparability: E.g: Firm comparison (with competitors) ...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 6: Financial Accounting, General Ledger, Financial Statement
Premium

Week 6 Financial Reporting Principles, Accounting Standards and Auditing 1) Prepare a worksheet and financial statements (comprehensive example). List all the accounts vertically down t...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 1: Australian Taxation Office, Financial Accounting, Accounts Payable
Premium

Week 1 Introduction to Financial Accounting 1) Define Accounting. Accounting Process of identifying, measuring, recording and communicating economic information to assist users to make decisions. The language of business A...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 2: Balance Sheet, Financial Statement, Equity Method
Premium

Week 2 Measuring and Evaluating Financial Position Financial Performance 1) Understand the terms, format and function of the Balance Sheet the Income Statement. The Balance Sheet Provides info about: Financial structure ...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 3: Double-Entry Bookkeeping System, Accounting Equation, Accounts Receivable
Premium

Week 3 The Double Entry System 1) Carry out transaction analysis and determine the impact of transactions on elements of balance sheets (i.e A, L, and SE) and income statements (i.e R and E) Transactions are events that af...

Accounting
ACCT1501
Youngdeok lim
ACCT1501 Lecture Notes - Lecture 1: Net Profit, Accounts Payable, Income Statement
Premium

Week 2 Tutorial Questions Chapter 2 Measuring andevaluating financial position andfinancial performances DQ2.10, P1.2, P2.8, P2.10, P2.14, P2.20 DQ2.10 Explain the following in non-technical language that a business pe...

Accounting
ACCT1501
All Professors
ACCT1501 Lecture Notes - Lecture 6: Faithful Representation, Financial Statement, Financial Accounting
Premium

ACCT Week 7 Tutorial Questions Chapter 6 Financial reporting principle: accounting standards and auditing DQ 6.1 What are the fundamental qualitative characteristics of useful financial information and what are the enha...

Accounting
ACCT1501
All Professors
ACCT1501 Lecture Notes - Lecture 8: Subledger, Debits And Credits, General Ledger

ACCT Week 8 Lect Chapter 8 Accounts Receivable and Further Record-keeping 1. Describe the purpose of the contra account of allowance for doubtful debts 2. Prepare journal entries for writing off bad debts and t...

Accounting
ACCT1501
All Professors
Permachart - Marketing Reference Guide: Statement Of Changes In Equity, Retained Earnings, Cash Cash

permacharts MT FINANCIAL STATEMENTS • Financial statements are documents that are BALANCE SHEET (B/S) STATEMENT OF RETAINED EARNINGS (SRE) ...

Accounting
ACTG 2010
All Professors
Accounting II - Reference Guides

Advance your knowledge with our advanced Accounting II! This companion Guide to Accounting I develops the reader’s understanding of balance sheets before moving into an effective summary of how assets are treated for accou...

Accounting
ACTG 2010
All Professors
Cost Accounting - Reference Guides

Specialized Accounting quick reference information in one handy place! This Guide provides specialized reference material that flows naturally from the contents of its companion Guides Accounting I and Accounting II. The t...

Accounting
ACTG 2010
All Professors

Log In


OR

Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit