AFF9551 - International study program in accounting

Offered

Caulfield Summer semester A 2009 (On-campus block of classes)

Synopsis

This unit centres on both a conceptual and practical approach to International Accounting Issues with emphasis on international standard setting and compliance as viewed by regulators and private sector preparers of accounts. Students gain a practical understanding of these issues in an international context through the overseas visitation program which forms an integral part of this unit.

Objectives

The learning goals associated with this unit are to:

• develop an understanding the history of accounting standard setting in various countries and the international convergence of accounting standards
• develop a practical understanding and appreciation of cultural differences within the area of international accounting through an overseas visitation program
• develop a set of academic skills which include the ability to work independently, evaluate academic papers in terms of the application of theories to understand and explain differences in financial reporting, search the web and to submit assignments on time
• develop excellent oral and written communication skills to be able to analyse case studies and to lead/participate in groups from diverse cultural and social backgrounds.

Assessment

Within semester assessment: 50%
Examination (2 hours): 50%

Contact hours

Five 3-hour formal class hours held over 2 weeks. Twelve 2-hour formal visits to professional bodies and companies during the international component of programs, over a period of approximately 3 weeks.

Prerequisites

Permission required