Postgraduate - UnitAFG9040 - Accounting theory and current issues

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

Scientific method and emergence of accounting theory. General descriptive theories. General prescriptive theories. Not-for-profit, conceptual framework and neo-empirical research. Business ethics.

Outcomes

The learning goals associated with this unit are to:

1. examine the historical and theoretical background which produced contemporary accounting concepts
2. critically review conventional accounting practice
3. consider alternative accounting models that have been proposed as a basis for developing systems for collecting and reporting economic information for decision-making
4. study the regulation of financial accounting and the development of international accounting as they relate to the conceptual framework
5. understand basic ethics principles and the application of these principles in the field of business
6. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with accounting theory and demonstrate in an individual summative assessment task, the acquisition of a comprehensive understanding of the topics covered by AFG9040.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Mereana Barrett

Prerequisites

AFG9073

Prohibitions

AFX5631, AFX9560