5242 (v.8) Accounting (Financial Theory) 561
Area: | School of Accounting |
Contact Hours: | 3.0 |
Credits: | 25.0 |
Seminar: | 1 x 3 Hours Weekly |
Financial accounting theory. A review of attempts to develop a conceptual framework in accounting and the need for such a framework to develop accounting standards. The regulatory mechanisms in the UK, USA and Australia, and their effectiveness. Aspects of the allocation problem, and capital maintenance concepts. |