AFC3220

International financial reporting

(BUS)

Mr Ian Langfield-Smith

6 points + One 2-hour lectures and one 1-hour tutorial per week + Second semester + Clayton + Prerequisite: AFC2120

Synopsis: An understanding of the dynamic nature of financial reporting frameworks in differeint countries with an emphasis on the Asia-Pacific region and the influence of the International Accounting Standards Board. Major topics are: the influence of cultural and social values on reporting; comparison of the financial reporting systems and practices in such harmonisation and the IASB's role; and audit implications of international financial reporting.

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