Course Title: CPA Financial Reporting and Disclosure

Part A: Course Overview

Course Title: CPA Financial Reporting and Disclosure

Credit Points: 12


Course Code




Learning Mode

Teaching Period(s)


City Campus


615H Accounting


Sem 1 2017,
Sem 2 2017

Course Coordinator: Prof Craig Deegan

Course Coordinator Phone: +61 3 9925 5750

Course Coordinator Email:

Course Coordinator Location: 80.10.35

Course Coordinator Availability: Please check with course coordinator

Pre-requisite Courses and Assumed Knowledge and Capabilities


Students must be an Associate Member of CPA Australia and be concurrently enrolled in the segment with CPA Australia


Before enrolling in this course you must complete a CPA Australia assessment form to ensure you have completed the necessary prerequisite studies from your current or past University studies.

Please note that a separate fee is charged by CPA Australia which is not included in RMIT tuition fees. It is important that you are familiar with the CPA Australia enrolment procedures and dates. You can access enrolment information at 

Assumed Knowledge and Capabilities
You are expected to have the knowledge and capabilities equivalent to an undergraduate degree or major in accounting or a post graduate certificate or diploma in accounting.

Course Description

This is a core course in the Master of Professional Accounting (CPA Australia Extension) degree. This course develops your ability as an accounting graduate to deepen your financial reporting and business skills that are applicable in an international professional environment. The course is based on International Financial Reporting Standards (IFRSs). You will be able to provide relevant business advice to a range of stakeholders. This course integrates the materials from the CPA Program Professional Level segment titled ‘Financial Disclosure’ and prepares you for the CPA examination.

Objectives/Learning Outcomes/Capability Development


On completion of this course you will be able to:

  1. Understand the application and basis of selected IFRSs issued by the IASB
  2. Develop the necessary skills to apply IFRSs in the preparation of general purpose financial statements
  3. Comprehend and explain details relating to general purpose financial statements
  4. Facilitate the preparation of general purpose financial statements including the exercise of professional judgement

Overview of Learning Activities

Learning activities include: face to face workshops, use of online materials and resources, debates, case studies, applied research on current issues, guest speakers and completion of weekly work.

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.

Overview of Learning Resources

RMIT workshop notes and materials, RMIT online resources and CPA Australia materials including sample exam questions.

Various learning resources are available online through myRMIT/Blackboard. In addition to topic notes; assessment details and a study schedule you may also be provided with links to relevant online information; readings; audio and video clips and communication tools to facilitate collaboration with your peers and to share information.

Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT Library website.

Additional resources and/or sources to assist your learning will be identified by your course coordinator will be made available to you as required during the teaching period.

Overview of Assessment

CPA Australia Program Examination and assessment could include: final examination, case studies, research assignments, participation, debates, group work and tests.