AFG9040 - Accounting theory and current issues

Leader: Dr Mereana Barrett

Offered

Gippsland Second semester 2007 (Off-campus)

Synopsis

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

Objectives

The learning goals associated with this unit are to:

• examine the historical and theoretical background which produced contemporary accounting concepts;
• critically review conventional accounting practice
• consider alternative accounting models that have been proposed as a basis for developing systems for collecting and reporting economic information for decision-making
• study the regulation of financial accounting and the development of international accounting as they relate to the conceptual framework
• understand basic ethics principles and the application of these principles in the field of business.

Assessment

Assignments (2000 words): 30%
Examination (3 hours): 70%

Prerequisites

AFG9072, AFG9073