Financial Accounting Theory & Practice (ACCT90013)
Graduate courseworkPoints: 12.5On Campus (Parkville)
Overview
| Availability | Semester 1 Semester 2 |
|---|---|
| Fees | Look up fees |
Analysis of contemporary accounting issues within the frameworks of agency theory, capital markets theory and human judgement theory. The aim is to develop a critical understanding of established theories and assumptions underpinning financial accounting.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Analyse the role of theory development in explaining accounting behaviour
- Evaluate the principal existing theories that explain the production and/or usage of financial accounting reports
- Understand the development of accounting standards
- Synthesise the range of emerging issues in financial accounting
- Understand the role of accounting information in firm valuation
- Understand firm's disclosure practice and related regulations
- Be able to communicate coherently, concisely and effectively in writing
- Demonstrate a capacity to successfully engage in collaborative activities such as group based work and activities
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Critical thinking, particularly in respect of the body of knowledge of the accounting discipline
- Explanation of how a body of knowledge is created and disseminated
- Application of theory to practice
- Analysis of accounting problems and issues by applying conceptual frameworks
- Oral and written communication, particularly in relation to the presentation of a logical, authoritative argument
- Collaborative learning and teamwork
Last updated: 8 November 2024