Advanced Issues in Accounting PG (11788.1)
|Available teaching periods||Delivery mode||Location|
|View teaching periods|| Flexible
|| Bruce, Canberra
|0.125||3||Faculty Of Business, Government & Law|
|Discipline||Study level||HECS Bands|
|Canberra Business School||Post Graduate Level|| Band 4 2021 (Commenced After 1 Jan 2021)
Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905)
Band 5 2021 (Commenced Before 1 Jan 2021)
Learning outcomesOn successful completion of this unit, students will be able to:
1. Critically evaluate the nature of accounting; and critically examine different approaches to theory and research in accounting shaping and transforming society;
2. Apply relevant accounting standards to transactions and events in order to produce general purpose financial statements;
3. Exercise judgment skills in assessing financial and non-financial data including sustainability reports, integrated reports and extended external reporting; and
4. Evaluate the current and relevant national and international developments in financial reporting and information.
Graduate attributes1. UC graduates are professional - communicate effectively
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - take pride in their professional and personal integrity
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - evaluate and adopt new technology
Prerequisites11403 Corporate Accounting PG
Incompatible units11217 Contemporary Issues in Accounting, 11767 Advanced Issues in Accounting
|Year||Location||Teaching period||Teaching start date||Delivery mode||Unit convener|
|2023||Bruce, Canberra||Semester 1||06 February 2023||Flexible||Dr David Carter|
|2024||Bruce, Canberra||Semester 1||05 February 2024||Flexible||Dr David Carter|
There are two textbooks associated with this unit:
The first is the same text as used in 11403 Corporate Accounting PG
Loftus, J., Leo, K., Daniliuc, S., Luke, B., Ang, H.N., Bradbury, M., Hanlon, D., Knapp, J., Boys, & Byrnes, K. (2023). Financial reporting (4th ed.). Milton: John Wiley & Sons Australia.
The second is a book on Financial Accounting Theory:
Deegan, C. (2014) Financial Accounting Theory (4 ed) North Ryde: McGraw-Hill Education
There are a number of copies of this in the library, but the following link below will take you to the publisher's website if you wish to buy access to a copy:
Additional Recommended Textbooks
Note that there are a number of Accounting Theory and Financial Accounting textbooks in the library. Each will present the information in slightly different ways. We encourage you to read these textbooks in a critical and reflexive manner.
Gaffikin, M. (2008) Accounting Theory: Research, Regulation and Accounting Practice, Pearson Education, Sydney. Available from the co-op bookshop on campus and in the library.
Rankin, M. et al. (2023) Contemporary Issues in Accounting (3rd ed.). Milton: Jonh Wiley & Sons Australia.
Leo, K. et al. (2020) Company Accounting, (12th ed). Milton: John Wiley & Sons Australia.
Hoggett et al. (2021). Financial Accounting (11th ed). Milton: John Wiley & Sons Australia
It is expected that you will read journal articles in this unit. The main journal databases for accounting (and these can be accessed through the library as well) include:
On Science Direct, you have access to major accounting journals including Accounting, Organizations and Society, Critical Perspectives on Accounting, the British Accounting Review and others.
On Emerald, there are a number of accounting journals, but most useful for this unit is the Accounting, Auditing and Accountability Journal.
Other leading accounting journals include The Accounting Review, Journal of Accounting Research, Contemporary Accounting Review, Journal of Accounting and Economics.
Submission of assessment items
Extensions & Late submissions
Final grades in this subject will be assessed according to performance in each of the assessment items identified above. In order to pass this unit, you must obtain:
- an overall total score of at least 50% AND
- submit all assessment items marked as mandatory.
Students must achieve a minimum of 50% of the total marks available in this unit to pass this unit.
Students have a responsibility to uphold University standards on ethical scholarship. Good scholarship involves building on the work of others and use of others' work must be acknowledged with proper attribution made. Cheating, plagiarism, and falsification of data are dishonest practices that contravene academic values. Refer to the University's Student Charter for more information.
To enhance understanding of academic integrity, all students are expected to complete the Academic Integrity Module (AIM) at least once during their course of study. You can access this module within UCLearn (Canvas) through the 'Academic Integrity and Avoiding Plagiarism' link in the Study Help site.
Use of Text-Matching Software
The University of Canberra uses text-matching software to help students and staff reduce plagiarism and improve understanding of academic integrity. The software matches submitted text in student assignments against material from various sources: the internet, published books and journals, and previously submitted student texts.
You are encouraged to prepare for, attend and participate actively (comment, take notes, be active) in all workshops. Active attendance involves note taking, answering questions, sharing ideas and learning from others in the class. This is the best method of preparing your own personal viewpoints for the purposes of the assessment, including the exam. Reading someone else's notes or watching a recording is pedagogically less useful than actively participating. Students are expected to be on-time for classes and please note the class is interactive
Required IT skills
Students are expected to be able to use Microsoft Word in addition to University systems available over the Internet (e.g. MyUC, Email, E-Reserve, LearnOnline, Library Catalogue, and Library Databases).
Students are encouraged to use Zotero, Endnote or RefWorks for managing references for their assignment work.
As is common in the professional world, we will also be using Zoom or Blackboard Collaborate (VirtualRoom). As this unit involves online meetings in real time using Virtual Room in your UCLearn teaching site or via Zoom, you will be able to communicate in real time with your lecturer and other students. To participate verbally, rather than just typing, you will need a microphone. For best audio quality we recommend a microphone and speaker, and or a headset. For more information and to test your computer, go to the Virtual Room in your UCLearn site and 'Join Course Room'. This will trigger a tutorial to help familiarise you with the functionality of the virtual room. Zoom has similar testing functions.
When you enter the meeting room, please mute your microphone.
Please also note that as this is a unit associated with professional training, it makes sense that when you enter the Virtual Room, you turn on your camera to introduce yourself to the class. Equally, as is good professional training, when asking a question, seeking clarification or adding to our discussion, it would beappropriate to turn on your camera and participate actively. This is considered more appropriate than merely typing into the chat function. A professional courtesy includes practicing your professional skills by having a visual presence.
Work placement, internships or practicums