FINANCIAL ACCOUNTING 3

Course Code

AC 3541

Credit Points

15

Course Coordinator

Dr C Elad

Pre-requisites

AC 2524

Overview

Building upon the material of Financial Accounting 2, the course examines in greater detail theoretical frameworks applicable to financial reporting. Conceptual frameworks and income theory are used to critically evaluate the accounting treatment of assets and liabilities and the measurement of performance with particular emphasis being placed upon controversial areas of financial reporting.

Structure

2 one-hour lectures per week and 1 one-hour tutorial per fortnight.

Assessment

1 two-hour written examination (70%) and in-course assessment (30%).