9999 (v.4) Accounting (International) 223

Area:

School of Accounting

Credits:

25.0

Contact Hours:

3.0

Seminar:

1 x 3 Hours Weekly

Prerequisite(s):

305228 (v.1) Accounting (Financial) 250 or any previous version

Syllabus:

Forces driving international accounting. Classification and cultural models of comparative accounting systems across countries. Analysis of accounting methods in selected countries. Harmonisation of accounting standards, multinational company disclosures, analysing foreign financial statements, financial performance evaluation and budgeting behaviour in multinational companies, transfer pricing and international tax implications.

Unit Outcomes:

On successful completion of this unit students will have- Understanding of the major forces driving the development of accounting standards in Major economies. Become able to state similarities and differences in accounting standards in different economies. Compared and analysed accounting reports prepared under differeng national standards. Appreciated performance measurement, target setting and transfer pricing in multinational companies. Become able to comment on the main difficulties in the harmonization process.

Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.

Unit References:

Baydoun, N. Nishimura, A. & Willett, R. (1997) Accounting in the Asia Pacific Region, John Wiley & Sons, Australia.

Unit Texts:

Iqbal, Z.F. (2002). International Accounting. Ohio, South Western.

Unit Assessment Breakdown:

100% Continuous Assessment.

Year	Location	Period	Internal	Area External	Central External
2004	Bentley Campus	Semester 2	Y
2004	UHK SPACE Main Campus	Trimester 2A	Y