CO5123 - Advanced Issues in Accounting

This subject is particularly useful for students enrolled in the Graduate Certificate of Accounting, Graduate Diploma in Accounting, Master of Professional Accounting, Master of Professional Accounting/Master of Business Administration or Master of Professional Accounting Advanced but would be of value to other postgraduate students.

This subject critically examines current issues in financial accounting with respect to measurement and reporting. Academics and other accounting researchers and professionals try to resolve current financial accounting issues both nationally and internationally and develop new techniques and understandings in order to improve practice. Controversial issues in financial accounting that have been debated over the years will be critically evaluated in CO5123. This subject is designed to provide a foundation for students to understand and participate in debates on important issues in financial accounting as well as gain a good comprehension of the accounting treatment and reporting of various issues.

Learning Outcomes

• provide a foundation for students to understand and participate in debate on important issues in financial accounting;
• enable students to develop skills which allow critical examination of important contemporary financial accounting issues;
• further develop students' analytical skills;
• enable students to acquire knowledge and develop approaches to the treatment and reporting of issues faced by reporting entities.

Subject Assessment

• end of semester exam (55%)
• assignments (25%)
• quizzes and tests as per subject outline -test covering initial topics covered early in offering (20%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.