Overview

The content may include but will not be limited to; Convergence in International Financial Reporting and Regulation; Conceptual Framework; Regulatory environment of financial reporting; Accounting for Financial Instruments; Accounting for intangible assets; Accounting for Foreign Operations; Financial reporting issues and capital markets.

Assessment Strategy

-excellent -A- to A*; Comprehensive and creative understanding of concepts and analytical techniques.

-good -B- to B+; Good understanding of key concepts and good analytical skills.

-another level-C- to C+; Broad and sound understanding of key concepts and analytical techniques.

-threshold -D- to D+; Basic understanding of key concepts and analytical techniques.

Learning Outcomes

• Analyse the development and intellectual underpinning of key financial reporting standards.

• Analyse, summarise and synthesise independently researched academic and professional studies of financial reporting and regulation.

• Explain the relationship between accounting information and capital markets and evaluate this relationship with reference to empirical evidence.

• Understand and explain the options and strategies of accounting regulators, in particular in relation to the evolution of international GAAP and the conceptual framework.