|Course Code :||2101TEWREV|
|Study domain:||Accountancy & Audit|
|Semester:||Semester: 2nd semester|
|Sequentiality:||The student must have obtained a credit for the following course:|
- 'Financiële rapportering en analyse'
|Study load (hours):||84|
|Contract restrictions: ||No contract restriction|
|Language of instruction :||Dutch|
|Exam period:||exam in the 2nd semester|
At the start of this course the student should have acquired the following competences:
Specific prerequisites for this course:
- Financial accounting (basics)
- Financial reporting and analysis (basics)
2. Learning outcomes
- Students have to understand conceptual arguments underlying current accounting thought and practices.
- Students need to be able to understand on-going controversies and debates on selected accounting issues.
- Students need to be able to critically approach conceptual as well as related practical accounting issues.
3. Course contents
The aim of this course is to help students achieve a deeper understanding of selected contemporary issues in accounting. First, a theoretical framework will be developed. Students will obtain sound knowledge of normative, positive, and critical theories of accounting. Subsequently, these theories will be used to critically analyze a number of contemporary accounting issues.
Current accounting standards and practices to be discussed in this course include (subject to change) the going-concern assumption, accounting conservatism, earnings management/creative accounting, fair value accounting, the (audit) expectation gap, SOX, and the principles rules debate.
4. Teaching method
Class contact teaching: LecturesSeminars
Personal work: Assignments:Individually
5. Assessment method and criteria
Examination: Oral with written preparationOpen-question
6. Study material
Syllabus provided by the lecturer
The following study material can be studied on a voluntary basis:
- Scott, W., 2000, Financial Accounting Theory (ISBN-13: 9780132072861, Prentice-Hall).
- Godfrey, J., A. Hodgson, A. Tarca, J. Hamilton, and S. Holmes, 2010, Accounting Theory (ISBN: 978-0-470-81815-2, John Wiley & Sons).
- Watts, R. and J. L. Zimmerman, 1986. Positive Accounting Theory (ISBN:0-13-686171-7, Englewood Cliffs).
7. Contact information
Faculteit Toegepaste Economische Wetenschappen
Departement Accounting en Financiering
+32 3 265.40.43
(+)last update: 04/10/2012 13:56 kris.hardies