Please ensure you check the module availability box for each module outline, as not all modules will run in each academic year. Each module description relates to the year indicated in the module availability box. Please be aware that modules may change from year to year, and may be amended to take account of, for example: changing staff expertise, disciplinary developments, the requirements of external bodies and partners, and student feedback.
No such Code for pgprog: L1K309
No such Code for pgprog: L1K709
No such Code for pgprog: L1K809
No such Code for pgprog: L1K609
No such Code for pgprog: L1K509
No such Code for pgprog: L1K109
Department: Economics and Finance
ECON43615: Accounting Theory
|Type||Tied||Level||4||Credits||15||Availability||Available in 2019/20|
|Tied to||N3K109 Finance|
|Tied to||N3K209 Finance (Accounting and Finance)|
|Tied to||N3K309 Finance (Corporate and International Finance)|
|Tied to||N3K409 Finance (Finance and Investment)|
|Tied to||N3K509 Finance (International Money, Finance and Investment)|
|Tied to||N3K609 Finance (International Banking and Finance)|
|Tied to||N3K709 Finance (Economics and Finance)|
Excluded Combination of Modules
- To enable students to:
- acquire and demonstrate a specialist knowledge and understanding of the different theories of accounting;
- appreciate the arguments for and against the existence of accounting regulation;
- develop a critical understanding of the rationales for regulation;
- understand the relevance to the accounting standard setting process of potential economic and social impacts arising from accounting regulation;
- critically assess accounting practices;
- understand and critically assess theoretical issues and recent developments in accounting.
- The financial reporting environment
- The regulation of financial accounting
- Normative theories of accounting 1: Accounting for changing prices
- Normative theories of accounting 2: Conceptual framework projects
- Positive accounting theories
- Systems oriented theories
- Social and environmental factors in financial reporting
- Critical perspectives on accounting
- Methodological issues in accounting research
- By the end of the module students should have a specialist knowledge and critical understanding of:
- the history of the accounting profession and accounting regulation;
- alternative methods of accounting for changing prices;
- the foundations of positivist approaches to accounting theory;
- how stakeholders’ perceptions can influence the disclosure policies of an organisation (as represented by systems oriented theories such as legitimacy theory, stakeholder theory and institutional theory);
- various theoretical perspectives that can explain why organisations might voluntarily elect to provide publicly available information about their social and environmental performance;
- how disclosure (or non-disclosure) of information can be construed to be an important strategy to promote and legitimise particular social orders, and maintain the power and wealth of elites.
- By the end of the module students should be able to:
- identify, explain and critically evaluate various projects aimed at developing an accounting conceptual framework;
- appreciate differences in methodological approaches to address research questions.
- written communication
- planning, organising and time management
- problem-solving and analytical skills
- computer literacy
- summarizing and critically assessing professional reports, statements and academic articles.
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module.
- The summative written examination will test students' knowledge and understanding of the material covered in the module, their critical evaluation and analytical skills.
Teaching Methods and Contact Hours
|Lectures||9||1 per week||2 hours||18|
|Seminars||4||1 per fortnight||1 hour||4||■|
|Preparation & Reading||128|
|Component: Written Examination||Component Weighting: 100%|
|Element||Length / duration||Element Weighting||Resit Opportunity|
|Written Examination||2 hours||100%||Same|
Students will receive written comments on a formative written assignment. Additional formative assessment, and feedback, may take a number of forms such as oral feedback on work prepared by students for seminars; answers to questions either discussed during a seminar, or posted on DUO.
■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University