AFX4070 - Issues in financial accounting
6 points, SCA Band 3, 0.125 EFTSL
Undergraduate, Postgraduate Faculty of Business and Economics
Clayton First semester 2009 (Day)
Topics are selected from the development of financial accounting theory, contracting theory and accounting policy choice (including debt contracts, political costs, management compensation and efficient contracting), corporate governance, behavioural research, the returns-earnings relation, the explanatory power of earnings, post-earnings announcement drift and other anomalies, information content of cash flows and accruals, earnings quality, market reaction to accounting regulation and value relevance of accounting information.
The learning goals associated with this unit are to:
- discuss research paradigms in financial accounting
- discuss the economic consequences of accounting regulation
- distinguish between alternative perspectives of corporate governance and appreciate its interaction with contracting theory and financial accounting
- critically evaluate empirical research and identify major research questions in financial accounting
- apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with issues in financial accounting.
Within semester assessment: 100%
One 3-hour session per week
Students must be enrolled in course 0181 or 0171 to undertake this unit