AFF4010

Advanced financial accounting

Professor Claudio Romano

6 points
* 3 hours per week or equivalent
* Caulfield, in-house, Sydney, Singapore, Hong Kong (not offered in all locations in all semesters)

Objectives On completion of this subject students should have developed an understanding of generally accepted principles that are applied in contemporary accounting models; assess and evaluate the development of the policy making process; apply these procedures when providing measurement and disclosure constraints in the accounting profession; be exposed to international accounting on regulatory issues; solve practical advanced financial accounting problems such as foreign operations, hedging, joint ventures, etc.

Synopsis Methodology and development of accounting theory; the interface between accounting research, theory and practice; true income theories; valuation and measurement theories; information economics research; behavioural decision theory research; capital markets based research; agency theory research; critical perspectives on accounting.

Assessment Case study assignment (4000 words): 20%
* Individual presentations: 10%
* Group presentations: 10%
* Final examination (3 hours): 60%