AFM301 Accounting TheoryUpdated: 28 May 2019
|Supervised Exam||There is a supervised exam at the end of the teaching period in which you are enrolled. The exam will either be paper-based and offered at an established exam venue or online with supervision via webcam and screen sharing technology. Coordinated by UNE Exams Unit.|
|Coordinator(s)||Gabriel Donleavy (firstname.lastname@example.org)|
This unit develops students' critical thinking in discriminating between fact and opinion in the context of accounting reports and acounting theories.This unit develops students' understanding of different accounting theories that underpin accounting methods, regulations and disclosure by reporting entities. It introduces contemporary issues in accounting practice, particularly: the relationship of accounting theory, the financial reporting environment and regulation; normative and positive accounting theories; unregulated corporate reporting decisions; capital market and behavioural research in financial reporting; and measurement in financial accounting.The nature of ethical decision making and the role ethics play in the accounting profession are also examined, and fraud and failure are reviewed in this context. New conceptual frameworks for accounting reports, the Global Reporting Initiative (GRI) and Integrated Reporting (IR), are introduced and reviewed.
Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.
|Disclaimer||Unit information may be subject to change prior to commencement of the teaching period.|
|Learning Outcomes (LO)||
Upon completion of this unit, students will be able to: