Postgraduate Course: Advanced International Accounting (CMSE11054)
Course Outline
| School |
Business School |
College |
College of Humanities and Social Science |
| Course type |
Standard |
Availability |
Available to all students |
| Credit level (Normal year taken) |
SCQF Level 11 (Postgraduate) |
Credits |
10 |
| Home subject area |
Common Courses (Management School) |
Other subject area |
None |
| Course website |
None |
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| Course description |
Generally accepted accounting principles and reporting practices vary significantly throughout the world, even though much attention is being paid to reducing the differences. The objectives of this course include:
* Broadening students' knowledge of how these accounting principles vary; how they impact financial reporting and business decisions and how movement toward harmonization is occurring.
* Enhancing their understanding of other more technical matters such as foreign currency translation and transactions, how managements of related entities (like parent and subsidiary) deal with issues arising from the use of differing currencies in local reporting and in consolidation, and the ways in which confidence and assurance are established under national jurisdiction
* Reviewing selected important technical areas of differences among accounting systems
Syllabus
Global accounting - convergence and diversity
* Investors and markets
* Confidence and assurance
* Institutional and cultural influences
Significant influences on international accounting practices
* Developing the IASB's accounting standards: due process and controversies
* Financial reporting in the USA
* Harmonisation across the EU
Technical challenges in international accounting
* Conceptual framework
* presentation
* fair value
* business combinations
* foreign currency translation
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Entry Requirements
| Pre-requisites |
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Co-requisites |
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| Prohibited Combinations |
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Other requirements |
None
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| Additional Costs |
None |
Course Delivery Information
Summary of Intended Learning Outcomes
On completing the module, students should:
? Understand the international dimensions of accounting;
? Determine the impact of international accounting practices on the business decision making process;
? Compare and contrast the financial reporting and disclosure under International Financial Reporting Standards, U.S. generally accepted accounting practices, and accounting standards in several other countries.
This module will develop in students the ability to:
? Evaluate accounting information from various sources.
? Select appropriate accounting and finance techniques for problems.
? Appreciation of the impact of international context on accounting information and decisions.
This module will develop in students the ability to:
? Manage their own learning experience individually and within a group.
? Use appropriate learning resources.
? Present results effectively both verbally and in written form including business reports.
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Assessment Information
| There is one group assignment which counts for 30% of the total mark and a final two hour exam which counts for 70% of the total mark. |
| Please see Visiting Student Prospectus website for Visiting Student Assessment information |
Special Arrangements
| Not entered |
Contacts
| Course organiser |
Prof Pauline Weetman
Tel:
Email: pauline.weetman@ed.ac.uk |
Course secretary |
Ms Eileen Robinson
Tel: (0131 6)51 3028
Email: eileen.robinson@ed.ac.uk |
|
copyright 2010 The University of Edinburgh -
1 September 2010 5:45 am
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