Undergraduate Course: Developments in Financial Accounting (ACCN10028)
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 10 (Year 4 Undergraduate) |
Credits | 20 |
Home subject area | Accounting |
Other subject area | None |
Course website |
None |
Taught in Gaelic? | No |
Course description | This Senior Honours course aims to equip students with essential knowledge and skills to understand and evaluate financial accounting research. It extends the content of the Advanced Financial Accounting course in year 3. More specifically, this course elaborates on some classical and contemporary topics in financial accounting research.
It will enhance ability to critically evaluate research in quantitative accounting papers and advance intellectual competence by providing more in-depth knowledge of, and a more rigorous approach to, accounting standards and financial accounting issues. |
Information for Visiting Students
Pre-requisites | Accountancy 1a and Accountancy 2A, Advanced Financial Accounting equivalents |
Displayed in Visiting Students Prospectus? | No |
Course Delivery Information
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Delivery period: 2014/15 Semester 1, Available to all students (SV1)
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Learn enabled: Yes |
Quota: None |
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Web Timetable |
Web Timetable |
Course Start Date |
15/09/2014 |
Breakdown of Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 20,
Formative Assessment Hours 2,
Revision Session Hours 2,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
172 )
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Additional Notes |
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Breakdown of Assessment Methods (Further Info) |
Written Exam
70 %,
Coursework
30 %,
Practical Exam
0 %
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No Exam Information |
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Delivery period: 2014/15 Semester 1, Part-year visiting students only (VV1)
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Learn enabled: Yes |
Quota: None |
|
Web Timetable |
Web Timetable |
Course Start Date |
15/09/2014 |
Breakdown of Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 20,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
176 )
|
Additional Notes |
|
Breakdown of Assessment Methods (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
|
No Exam Information |
Summary of Intended Learning Outcomes
On successfully completing the course, students will:
1. Have a good understanding of the classic financial accounting research papers building the foundations of modern financial accounting research.
2. Have a good understanding of the contemporary and contentious financial accounting topics.
3. Understand how accounting income relates to equity value and cost of capital.
4. Understand what are earnings attributes and the relation between accruals and cash flows.
5. Understand the issues around financial statement presentation, such as the presentation of comprehensive income, disclosure vs. recognition.
6. Understand accounting conservatism.
7. Understand the meaning and mechanisms of off-balance sheet items.
8. Understand positive accounting theory & how earnings are managed through accruals, real transactions and classification shifting.
9. Understand the differences between principle vs. rule based accounting standards and their relevance in the harmonisation of accounting standards.
10. Have the ability to analyse and critically evaluate a financial accounting model and a financial accounting research paper.
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Assessment Information
Assessment will consist of three components:
a. In-class presentation (groupwork, 10%). Students will select an empirical research paper covered in this course to prepare a short in-class presentation (no longer than 20 minutes).
b. Assignment (groupwork, 20%). The group assignment is on critically evaluating an empirical research paper. The total number of words of the group assignment should be within 1,500 words. 5% of the groupwork mark is based on peer review.
c. Final exam (individual, 70%). The exam will last for two hours. Students will be required to attempt three out of four questions in the exam.
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Special Arrangements
None |
Additional Information
Academic description |
Not entered |
Syllabus |
Not entered |
Transferable skills |
Not entered |
Reading list |
Picker, R., Leo, K., Loftus, J., Wise, V., Clark, K., & Alfredson, K. (2013). Applying International Financial Reporting Standards, 3rd Ed., Wiley, ISBN: 9780730302124
Deegan, C., & Ward, A. (2013). Financial Accounting & Reporting: An International Approach, McGrawHill Education, ISBN: 9780077121716 |
Study Abroad |
Not entered |
Study Pattern |
Not entered |
Keywords | Not entered |
Contacts
Course organiser | Dr Ingrid Jeacle
Tel: (0131 6)50 8339
Email: Ingrid.Jeacle@ed.ac.uk |
Course secretary | Ms Caroline Hall
Tel: (0131 6)50 8336
Email: Caroline.Hall@ed.ac.uk |
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© Copyright 2014 The University of Edinburgh - 29 August 2014 3:18 am
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