Accounting

This course engages students in critical analysis of the main financial accountingg issues. Many of these involve considerations of associated theories and research. The selected issues are based on their significance, prevalence and contemporary relevance. The topic chosen should provide students with an understanding of a range of issues and influences confronting financial accounting that will help them recognize the implications and rationales behind some of the decisions, changes and developments in the accounting arena.

Students are expected to know basic concepts of financial accounting

Theoretical issues in accounting
The role of regulation in financial reporting
The political nature of setting accounting standards
Evolution of reporting regimes and global accounting convergence
Institutional perspectives on the internationalization of accounting
The claim for a uniform conceptual framework in accounting
Implications for global convergence of new basic accounting assumptions and fundamentals

The details of articles, papers and official standards setters pronouncements to be used in the course will be presented and explained at the beginning of the first lecture

The course grade will be based on a final examination. The final examamination will be closed book and notes. Hand-held calculators may be used for mathematical calculations only.

English

written and oral