Course Title: Corporate Structures and Reporting

Part A: Course Overview

Course Title: Corporate Structures and Reporting

Credit Points: 12

Course Code




Learning Mode

Teaching Period(s)


Hong Kong Management Associatn


615H Accounting


Offsh 4 08,
Offsh 4 09,
Offsh 4 10


Singapore Inst of Management


615H Accounting


Offsh 1 10,
Offsh 1 11,
Offsh 3 09,
Offsh 3 10,
Offsh 3 11,
Offsh1 12,
Offsh3 12


City Campus


615H Accounting


Sem 1 2006,
Sem 1 2007,
Sem 1 2008,
Sem 1 2009,
Sem 1 2010,
Sem 1 2011,
Sem 1 2012,
Sem 1 2013,
Sem 1 2014,
Sem 1 2015,
Sem 2 2006,
Sem 2 2007,
Sem 2 2008,
Sem 2 2009,
Sem 2 2010,
Sem 2 2011,
Sem 2 2013

Course Coordinator: Peter Keet

Course Coordinator Phone: +61 3 9925 1306

Course Coordinator

Course Coordinator Location: Melbourne City Campus 80.11.87

Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study

Students should have successfully completed the RMIT course, Financial Accountability and Reporting, or its equivalent prior to enrolling into Corporate Structures and Reporting.

Note it is a condition of enrolment at RMIT that you accept responsibility for ensuring that you have completed the prerequisite/s and agree to concurrently enrol in co-requisite courses before enrolling in a course.
For your information the RMIT Course Requisites policy can be found at;ID=twx09y07zi1c

Assumed Knowledge and Capabilities
This course assumes that you have:

  • an understanding of regulation of financial reporting, the conceptual framework, the structure of financial reports, accounting for property, plant and equipment, accounting for intangibles, tax effect accounting, and consolidations. This prerequisite knowledge and capabilities is developed in Financial Accountability and Reporting;
  • the ability to comprehend and communicate information in accurate, clear, concise and coherent English; and
  • a basic understanding of the process for addressing problems using case studies.

Course Description

Corporate Structures and Reporting is a practically orientated course, which aims to provide you with a grounding in the more technically advanced aspects of accounting standards with a particular focus on group accounts. The course deals with issues that affect virtually all large and medium size business groups. In addition, the course aims to prepare you for the financial accounting modules of the CA and CPA Programs conducted by the Institute of Chartered Accountants and CPA Australia respectively. The course is particularly relevant to financial accountants, auditors, investment analysts, and accountants generally interested in obtaining a broader understanding of the accounting environment with which they interact.

Corporate Structures and Reporting is an elective unit in the Bachelor of Business (Accountancy) and Bachelor of Business (Professional Accountancy) degrees and is open to all students who have satisfied the pre-requisite courses and assumed knowledge capabilities detailed above.

If you are undertaking this course in Melbourne from semester 2, 2012 onwards your teacher will advise you if you require access to a computer for the course. It is recommended that you have access to a mobile computing device to allow greater flexibility in terms of where you can work on campus outside class times.

Objectives/Learning Outcomes/Capability Development

The course provides an opportunity for you to develop the following generic capabilities:

  • Identify, interpret, explain, and apply accounting standards and regulations;
  • Make judgments and decide on appropriate treatments;
  • Conceptualise, explain, analyse logically, and critically evaluate issues;
  • Clearly communicate explanations and analysis.

Upon successful completion of Corporate Structures and Reporting you will be able to:

  • Demonstrate enhanced technical knowledge in financial accounting, with a focus on group accounts;
  • Identify, interprete, explain, and apply accounting standards that apply to group accounts;
  • Make judgments and decide on appropriate treatments in the preparation of group accounts;
  • Conceptualise, explain, analyse logically, and critically evaluate issues concerning the preparation and analysis of group accounts;
  • Clearly communicate your explanations and analysis concerning appropriate treatments and judgements on application of accounting standards and regulations.

Overview of Learning Activities

Corporate Structures and Reporting is an advanced, technically focused course. Your learning will occur by participating in class, reading lecture overheads and relevant accounting standards, working through the lecture illustrations, completing the tutorial work. Normally this will be based around case-study type questions that will be completed by you prior to attending tutorials/classes. This ensures that valuable discussion, extension of concepts and issues requiring clarification can be attended to in the tutorial/class. This discussion in tutorials/classes is critical to the development of your learning as it extends your ability to match case study facts with the requirements of accounting standards to determine and apply the appropriate treatment.

Overview of Learning Resources

RMIT will provide you with resources for learning in this course through the RMIT student portal.

You will be advised of the prescribed text for this course and other reading materials upon enrolment.

Important announcements relating to the course will be made either on line, via the RMIT student portal, and/or in classes.

Overview of Assessment

Assessment:  Assessment in Corporate Structures and Reporting may include an in-semester test, an assignment, an end of semester test, and take home test.

The assessment is designed to test your ability to identify issues, interpret accounting standards, make judgments, and determine and apply the appropriate accounting treatment for a variety of Corporate Structures and Reporting issues, describe, explain, analyse logically, and critically evaluate financial accounting treatments, and in addition, your ability to effectively communicate your learning in written form.

To pass this course you must obtain an overall mark of 50 per cent.

If you have a long term medical condition and/or disability you can apply to vary aspects of the learning or assessment methods. You can contact the program coordinator or the Disability Liaison Unit if you would like to find out more.

Feedback: Feedback will be provided during the semester in class, via email, and/or online discussion, through individual and group feedback on assessment tasks, and on tutorial work.

An assessment charter ( summarises your responsibilities as an RMIT student as well as those of your teachers.

Your course assessment conforms to RMIT assessment principles, regulations, policies and procedures which are described and referenced in a single document:;ID=qwxbqbg739rl1