units

AFX3551

Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

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LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Accounting and Finance
Monash Passport categoryInternational Short Field Experience (Explore Program)
OfferedCaulfield Summer semester A 2013 (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 regulatory 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.

Outcomes

The learning goals associated with this unit are to:

  1. compare and contrast accounting standard setting in various countries and discuss the convergence of accounting standards through an international study program
  2. develop a practical understanding and appreciation of culture in the development of national accounting regulations
  3. evaluate academic and professional papers in international accounting
  4. apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with international accounting.

Assessment

Within semester assessment: 50%
Examination: 50%

Chief examiner(s)

Contact hours

Four 3-hour seminars and up to twelve 2 hour-formal visits to professional bodies and companies during the international component of the programs over approximately 4 weeks.

Prerequisites

Students must have passed one of the following: AFC2120, AFF2491, AFG2491 or AFW2491 before undertaking this unit otherwise permission required.

Prohibitions