AFC3220

International financial reporting

(BUS)

Dr Paul Mather

6 points + Two 1-hour lectures and one 1-hour tutorial per week + Second semester + Clayton + Prerequisite: AFC2120

Synopsis: Topics include the influence of culture and societal values on accounting development; the main international accounting systems and practices; recent initiatives in the area of harmonisation of accounting standards and practices; major international financial reporting issues; comparative national reporting practices; analysis and interpretation of international financial statements; major issues in the audit of international operations and how the auditing profession deals with these issues.

Assessment: Tutorial participation, presentations and other written: 30% + Examination (3 hours): 70%