302130 (v.2) Accounting (Theory and Issues) 512

Area:

School of Accounting

Credits:

25.0

Contact Hours:

3.0

Seminar:

1 x 3 Hours Weekly

Prerequisite(s):

302128 (v.2) Accounting (Corporate) 511 or any previous version

Syllabus:

Normative theories of accounting. Positive accounting theory. International accounting and the effects of cultural difference and harmonisation efforts. New accounting systems - social and environment factors. Advanced consolidation issues. Other issues in financial accounting including leases, foreign currency transactions, heritage assets, self-generating and regenerating assets.

Unit Outcomes:

On successful completion of this unit, student will have - Understood current theories of accounting. Understood the difficulties of harmonization in accounting standards internationally. Account for leases, foreign currency transactions, heritage assets, self-generating and regenerating assets. Developed skills in solving problems relating to accounting for companies and communicating the solutions to interested parties.

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:

Eddey, Arthur & Knapp. Accounting for Corporate Combination and Associations (5th Ed), Prentice Hall.

Unit Texts:

Sims & Clift (2001) Australian Corporate Accounting, McGraw-Hill. ASCPA/ICAA. Accounting Handbook. (Vol 1. Part 2). Sydney, Prentice Hall. Financial Accounting - Theory and Issues, Custom Publication by McGraw-Hill.

Unit Assessment Breakdown:

Assignments (2) 10%. Final Examination 45%, Mid semester test 45%. This is done by grade/mark assessment.

Year	Location	Period	Internal	Area External	Central External
2004	Bentley Campus	Semester 1	Y		Y
2004	Bentley Campus	Semester 2	Y		Y
2004	Bentley Campus	Summer Period	Y
2004	Dongbei Uni Econs Fin China	Trimester 1A	Y
2004	Dongbei Uni Econs Fin China	Trimester 2A	Y
2004	Dongbei Uni Econs Fin China	Trimester 3A	Y
2004	Mktg Inst of S'pore	Trimester 1A	Y
2004	Mktg Inst of S'pore	Trimester 2A	Y
2004	Open University HK	Trimester 1A	Y
2004	Open University HK	Trimester 3A	Y