Undergraduate Course: Advanced Financial Accounting (ACCN10008)

Course Outline
School	Business School	College	College of Humanities and Social Science
Credit level (Normal year taken)	SCQF Level 10 (Year 3 Undergraduate)	Availability	Available to all students
SCQF Credits	20	ECTS Credits	10
Summary	The course will build on knowledge obtained in the Financial Accounting modules of Accountancy 1 and 2 to explore some of the more complex and controversial areas of financial reporting. The object will be to develop a critical understanding of conceptual issues in financial accounting as well as enhance technical and analytical skills. The course will have three principal components: alternatives to historic cost accounting; the advanced interpretation and analysis of financial accounts, and issues in financial reporting.
Course description	Not entered

Entry Requirements (not applicable to Visiting Students)
Pre-requisites	Students MUST have passed: Accountancy 2A (ACCN08009) AND Accountancy 2B (ACCN08010)	Co-requisites
Prohibited Combinations		Other requirements	None

Information for Visiting Students
Pre-requisites	A pass in Accountancy 2A (ACCN08009) AND Accountancy 2B (ACCN08010) equivalents. Visiting students should have at least 3 Business/Accountancy related courses at grade B or above (or be predicted to obtain this). We will only consider University/College level courses.

Course Delivery Information

Academic year 2014/15, Available to all students (SV1)		Quota: None
Course Start	Semester 1
Timetable	Timetable
Learning and Teaching activities (Further Info)	Total Hours: 200 ( Lecture Hours 20, Supervised Practical/Workshop/Studio Hours 4, Feedback/Feedforward Hours 2, Summative Assessment Hours 7, Revision Session Hours 2, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 161 )
Assessment (Further Info)	Written Exam 70 %, Coursework 20 %, Practical Exam 10 %
Additional Information (Assessment)	Degree Examination - 70% Coursework comprising an individual short essay of 600 words (20%) and an individual presentation (5%) Completion of 4 hours SAGE workshops 5% Visiting Student Variant Assessment: One individual long essay of up to 3000 words - 70% Coursework comprising an individual short essay of 600 words (20%) and an individual presentation (5%)- 25% Completion of 4 hours SAGE workshops 5%
Feedback	Not entered
Exam Information
Exam Diet	Paper Name		Hours & Minutes
Main Exam Diet S2 (April/May)	Advanced Financial Accounting		3:00

Academic year 2014/15, Part-year visiting students only (VV1)		Quota: None
Course Start	Semester 1
Timetable	Timetable
Learning and Teaching activities (Further Info)	Total Hours: 200 ( Lecture Hours 20, Supervised Practical/Workshop/Studio Hours 4, Feedback/Feedforward Hours 2, Summative Assessment Hours 4, Revision Session Hours 2, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 164 )
Assessment (Further Info)	Written Exam 0 %, Coursework 90 %, Practical Exam 10 %
Additional Information (Assessment)	Degree Examination - 70% Coursework comprising an individual short essay of 600 words (20%) and an individual presentation (5%) Completion of 4 hours SAGE workshops 5% Visiting Student Variant Assessment: One individual long essay of up to 3000 words - 70% Coursework comprising an individual short essay of 600 words (20%) and an individual presentation (5%)- 25% Completion of 4 hours SAGE workshops 5%
Feedback	Not entered
No Exam Information

Learning Outcomes
The aim of the course is to build upon prior study to further develop the student's appreciation of accounting practice. Through the use of class presentation, informal group work, and independent study, the course attempts to foster a knowledge and understanding of key theories within the discipline and the ability to critically appraise them. Technical Skills: 1. To further develop a thorough understanding of corporate external reporting practices. 2. To develop an understanding of alternatives to the traditional historic cost model. 3. To develop the ability to question and challenge practices and ideas, and to recognise the context within which financial reporting operates. 4. To develop the ability to question aspects ignored by traditional private sector financial reporting. 5. To further develop the ability to consider the factors which impact on accounting and those on which accounting impacts. 6. To further develop the ability to analyse financial statements. 7. To describe and evaluate approaches to public sector accounting and social accounting.

Reading List
None

Additional Information
Graduate Attributes and Skills	Not entered
Keywords	AFA

Contacts
Course organiser	Prof Stephen Walker Tel: (0131 6)51 5543 Email: S.Walker@ed.ac.uk	Course secretary	Miss Jen Wood Tel: (0131 6)50 8335 Email: J.Wood@ed.ac.uk