MACQUARIE UNIVERSITY 
ACCG3008: Business and Risk Advisory 
Comprehensive Revision Guide and Course Notes 2025 
 
Part 01: About This Guide 
Part 02: Sample Test Paper 
Part 03: Detailed Solutions and Explanations 
Part 04: Study Tips for Students 
 
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Macquarie University - Business and Risk Advisory (ACCG3008)

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ACADEMIC YEAR 2024 - 2025

University	Macquarie University
Unit Code	ACCG3008
Credit Points	10
Unit Name	Business and Risk Advisory
Notes Title	Comprehensive Revision Guide and Course Notes
Page Length	37

This guide explains how the individual assessments for ACCG3008: Business and Risk Advisory at Macquarie University are structured and assessed. It outlines the likely question formats and topics that may appear. Updated to reflect the latest lecture content as of 2025, this self-study set includes sample questions with detailed answer guides to help you familiarise yourself with the assessment formats and prioritise key areas for preparation. Additionally, it provides essential information on the test structure, core concepts, and key topics to focus on to maximise your performance.

This unit has two components. The first focuses on the framework and techniques for preparing general-purpose financial reports, particularly consolidated financial statements for corporate groups, building on prior financial accounting studies. It also explores political and ethical issues in financial reporting. The second component shifts to the role of a trusted business advisor, applying accounting, information systems, compliance, and strategy knowledge in real-world contexts. Both components enhance higher-order analysis and communication skills.

Main topics to be covered:

Business combinations
Introduction to consolidation process
Consolidation after control date
Intra-group transactions
Direct non-controlling interest
Equity accounting
Introduction to foreign currency transactions & financial instruments
Introduction to business advisory, project planning, and marketing strategy
Sales and operational strategy
Financial plans
Business ethics and its impact in organisations
Business ethics and corporate social responsibility

Prerequisites: 130cp at 1000 level or above.

UNIT CODE	UNIT NAME
ACCG1000	Accounting for Decision Making
ACCG1001	Accounting and Governance
ACCG2000	Cost Analysis and Managerial Decision Making
ACCG2024	Financial Accounting and Reporting Analysis
ACCG2051	Governance, Business and Corporations Law
ACCG3008	Business and Risk Advisory
ACCG3020	Tax in Practice
ACST1001	Finance Fundamentals
AFIN1002	Corporate Finance and Capital Markets
AFIN2050	Investments
AFIN3029	Derivative Instruments
AFIN3052	Applied Portfolio Management
AFIN3053	Advanced Corporate Finance
ECON1020	Economics and Business Strategy
ECON2003	Microeconomic Analysis and Applications
ECON2004	Macroeconomic Analysis and Applications
ECON2041	Introductory Econometrics
MGMT1002	Managing for Impact
MKTG1001	Marketing and Value Creation
STAT1103	Introduction to Psychological Design and Statistics
STAT1250	Business Statistics and Insights
STAT1371	Statistical Data Analysis

Macquarie University - Business and Risk Advisory (ACCG3008)

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