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ACC03032 - Contemporary Issues in Accounting Theory (2018)

2014 | 2015 | 2016 | 2017 | 2018

Availabilities:

LocationDomesticInternational
Gold Coast Session 2 Session 2
Melbourne Session 2 Session 2
Online Session 2 N/A
Papua New Guinea - Air Niugini N/A Session 2
Perth N/A Session 2
Sydney N/A Session 2

Unit aim

Introduces students to the general nature of accounting theory and its function in relation to problems confronting the accounting profession. Accounting practices including accounting rules, principles and process are examined within the context of contemporary theoretical perspectives and socio-political behaviours of market participants.

Unit content

Topic 1 Theories of accounting

Topic 2 Measurement in accounting

Topic 3 Accounting policy choice

Topic 4 Regulation of accounting

Topic 5 Corporate governance

Topic 6 Corporate social responsibility

Topic 7 Critical accounting theory

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

Learning outcomes and graduate attributes

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to: GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 make a clear distinction between different theories of accounting
2 relate various concepts of value and capital maintenance to the measurement of both assets and income
3 explain and evaluate managers' incentives and opportunities to choose specific accounting policies
4 identify and evaluate the issues related to the regulation of external financial reporting
5 define corporate governance and assess the effectiveness of various corporate governance mechanisms
6 describe issues related to corporate social responsibility
7 critically evaluate contemporary external company reporting practices.

On completion of this unit, students should be able to:

  1. make a clear distinction between different theories of accounting
    • GA2: Creativity
    • GA3: Ethical practice
    • GA7: Cultural competence
  2. relate various concepts of value and capital maintenance to the measurement of both assets and income
    • GA2: Creativity
    • GA3: Ethical practice
    • GA7: Cultural competence
  3. explain and evaluate managers' incentives and opportunities to choose specific accounting policies
    • GA2: Creativity
    • GA3: Ethical practice
    • GA7: Cultural competence
  4. identify and evaluate the issues related to the regulation of external financial reporting
    • GA2: Creativity
    • GA3: Ethical practice
    • GA7: Cultural competence
  5. define corporate governance and assess the effectiveness of various corporate governance mechanisms
    • GA2: Creativity
    • GA3: Ethical practice
    • GA7: Cultural competence
  6. describe issues related to corporate social responsibility
    • GA2: Creativity
    • GA3: Ethical practice
    • GA7: Cultural competence
  7. critically evaluate contemporary external company reporting practices.
    • GA2: Creativity
    • GA3: Ethical practice
    • GA7: Cultural competence

Prescribed texts

Session 2

  • Prescribed text information is not currently available.

Prescribed texts may change in future study periods.

Teaching and assessment

Gold Coast

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Discussion board 10%
Presentation 40%
Exam: closed book 50%

Melbourne

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Discussion board 10%
Presentation 40%
Exam: closed book 50%

Online

Teaching method
Lecture online 1 hour (12 weeks)
Assessment
Discussion board 10%
Presentation 40%
Exam: closed book 50%

Papua New Guinea - Air Niugini

Teaching method
Structured online learning
Assessment
Discussion board 10%
Presentation 40%
Exam: closed book 50%

Perth

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Discussion board 10%
Presentation 40%
Exam: closed book 50%

Sydney

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Discussion board 10%
Presentation 40%
Exam: closed book 50%

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

From the 1st of June, 2017, the term 'Distance Education' has been replaced with 'Online'

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2018 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.