Unit name | Advanced Financial Reporting |
---|---|
Unit code | EFIMM0124 |
Credit points | 15 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Professor. Clatworthy |
Open unit status | Not open |
Pre-requisites |
N/A |
Co-requisites |
N/A |
School/department | School of Accounting and Finance - Business School |
Faculty | Faculty of Social Sciences and Law |
This unit is designed to develop the material covered in the International Financial Accounting and Reporting (IFAR) unit by examining more advanced financial reporting topics from both a technical and conceptual perspective. It will build on some of the topics covered in the IFAR unit and will also introduce new, more advanced ones. Topics covered include the IASB Conceptual Framework for Financial Reporting, financial instruments, employee benefits, accounting for income taxes, segmental reporting, accounting for share-based payments and earnings per share. Because the external financial reporting standard setting environment is dynamic, the unit will also introduce new topics if and when they emerge. The unit will introduce relevant academic literature to assess different accounting treatments from the perspectives of different users.
On successful completion of this unit, the student will be able to:
Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities
This unit will be assessed by a 7-day timed assessment (100%)
Picker, R., Clark, K., Dunn, J., Kolitz, D., Livne, G., Lofthus, J. and vander Tas, L. (2016) Applying International Financial Reporting Standards ISBN 9781119159223
Alexander, A., Britton A., Jorrissen A. Hoogendoorn M and Carien van Mourik (2017) International Financial Reporting and Analysis ISBN 978-1-4737-2545-4
Additional reading will be supplied from academic journals and reports by professional bodies.