Offered
Berwick Summer semester A 2008 (Day)
Caulfield Summer semester A 2008 (Day)
Clayton Summer semester A 2008 (Day)
Gippsland Summer semester A 2008 (Day)
Sunway Summer semester A 2008 (Day)
Peninsula Summer semester A 2008 (Day)
Synopsis
This unit centres on both a conceptual and practical approach to International Accounting Issues with emphasis on International Standard Setting and compliance as viewed by regulatory and private sector preparers of accounts. Students gain a practical understanding of these issues in an international context through the overseas visitation program which forms an integral part of this unit.
Objectives
The learning objectives of this unit are to:
- compare and contrast accounting standard setting in various countries and discuss the convergence of accounting standards through an international study program;
- develop a practical understanding and appreciation of culture in the development of national accounting regulations;
- evaluate academic and professional papers in international accounting;
- apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with international accounting.
Assessment
Within semester assessment: 50%
Examination (2 hours): 50%
Contact hours
Three 3-hour seminars over two weeks prior to departure; and participation in a series of up to ten seminars of approximately three hours conducted over a period of about three weeks at international commercial centres.
Prerequisites
AFC2120 or AFF2491 or AFW2491
Prohibitions
AFX3871
