Unit name | Accounting Theory, Scandals and Standards |
---|---|
Unit code | ECONM1016 |
Credit points | 15 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Professor. Ellwood |
Open unit status | Not open |
Pre-requisites |
None |
Co-requisites |
None |
School/department | School of Economics, Finance and Management |
Faculty | Faculty of Social Sciences and Law |
This unit investigates current issues in financial reporting and the move to accounting convergence. The emphasis is on forces that have shaped financial reporting practice, especially the search for a conceptual framework, measurement issues and reaction to accounting crises. The unit develops an awareness of earnings management, income smoothing and creative accounting leading to examination of accounting scandals and contemporary issues that face accounting standard setters.
Lectures (14 hours) supplemented by tutorials (4 hours).
There will be a two hour examination (70% with an assignment contributing 30%). The assignment will be a 2000 word essay or equivalent Students will also be expected to prepare work for tutorials. The examination and assignment will assess the learning outcomes specified above.
Essential Text:
Supplementary Reading: