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Queensland University of Technology

Master of Business (Professional Accounting)

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AYN417 Corporate Accounting

Instead of being sole proprietors or partnerships, for instance, a huge number of entities are companies. As a result, a sizable portion of the work you do as a practitioner will entail accounting for businesses. Accountants are responsible for interpreting and applying accounting standards, as well as any other legal obligations governing the accounting practices that are reflected in the financial reports of a company. Accountants must also integrate and apply their academic accounting knowledge to real-world problem-solving. You will need the information and abilities from this lesson to create financial reports for businesses. By applying accounting principles to complex business accounting issues, this course expands on the material covered in the prerequisite courses. It also serves as a foundation for later courses, which examine theoretical accounting issues, accounting regulation, and accounting practice to improve critical analytical abilities.

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