Year
2011
Units
4.5
Contact
1 x 3-hour seminar weekly
Prerequisites
1 of BUSN9102, BUSN9114
Assumed knowledge
A basic understanding of accounting and financial statements will be assumed. Some knowledge of introductory economics will also be beneficial.
Course context
Master of Accounting
Topic description
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.
Educational aims
This topic aims to develop students' understanding of selected theories of accounting and introduce them to the application of theory in practice.
Expected learning outcomes
At the end of this topic, students will be able to:
  • articulate various theories of accounting
  • demonstrate an understanding of the reporting environmen
  • undertake a piece of research on an accounting theory or application of a theory
  • prepare a report on a contemporary issue in accounting.