BUSN9124 Accounting Theory in Practice

Mr Ludek Seda

2016

4.5

1 x 3-hour seminar weekly

1 of BUSN9102, BUSN9114

Master of Accounting

This topic includes an overview of the nature of theory and theory development. It then focuses on accounting theories, including positive and normative accounting theory. It incorporates consideration of practical issues such as international accounting, cultural factors in accounting, regulation, financing operations, financial statements and companies.

This topic aims to develop students' understanding of selected theories of accounting and introduce them to the application of theory in practice.

On completion of this topic students, will be able to:

Critically evaluate the role of theory in informing the development of accounting practice
Explain the reporting environment and regulation of financial accounting in Australia and internationally
Explain the components of the accounting conceptual framework, its significance and limitations
Produce general journal entries related to the equity financing and operation of companies
Discuss the perceived advantages and disadvantages for countries that adopt International Financial Reporting Standards (IFRS).

Key dates and timetable

Timetable details for 2016 are no longer published.

This information is from current details held on the Student Information System. Please report any errors or omissions to the relevant College Office.