Postgraduate Course: Advanced International Financial Reporting (CMSE11289)
Course Outline
School | Business School |
College | College of Arts, Humanities and Social Sciences |
Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
SCQF Credits | 15 |
ECTS Credits | 7.5 |
Summary | The aim of this course is to familiarise students with the challenges of international financial reporting, the global significance of International Financial Reporting Standards (IFRS) and selected regulations of current academic and practical relevance. |
Course description |
Students are encouraged to understand and critically assess the emergence, implementation, and interpretation of international accounting standards and also comprehend their economic, social and organisational effects. The course further aims to expand knowledge of fundamental conceptual issues in IFRS accounting and the current research on this. Students will be required to familiarise themselves with the technical background of IFRS accounting in self studies.
Syllabus:
IFRS Adoption;
Four Current Issues in IFRS Financial Reporting - subject to annual review, based on current developments in accounting research and practice
Student Learning Experience:
The course will require self-study by the students prior to the live discussion sessions. These sessions will be used to critically reflect on current IFRS Financial Reporting issues. Throughout the semester, there will be feedback and practice live sessions, providing the opportunity to obtain the lecturers feedback on the coursework in progress and discuss some (rather technical) accounting topics not covered in the core sessions
Tutorial/seminar hours represent the minimum total live hours - online or in-person - a student can expect to receive on this course. These hours may be delivered in tutorial/seminar, lecture, workshop or other interactive whole class or small group format. These live hours may be supplemented by pre-recorded lecture material for students to engage with asynchronously.
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Entry Requirements (not applicable to Visiting Students)
Pre-requisites |
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Co-requisites | |
Prohibited Combinations | |
Other requirements | For Business School PG students only, or by special permission of the School. Please contact the course secretary. |
Course Delivery Information
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Academic year 2021/22, Not available to visiting students (SS1)
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Quota: None |
Course Start |
Semester 2 |
Timetable |
Timetable |
Learning and Teaching activities (Further Info) |
Total Hours:
150
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Seminar/Tutorial Hours 15,
Programme Level Learning and Teaching Hours 3,
Directed Learning and Independent Learning Hours
132 )
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Additional Information (Learning and Teaching) |
Seminar/Tutorial hrs are the min total live hrs, online or in-person, students can expect to receive
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Assessment (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
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Additional Information (Assessment) |
30% coursework (individual) - assesses course Learning Outcomes 1, 2, 3
70% coursework (individual) - assesses course Learning Outcomes 1, 2, 3, 4
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Feedback |
Formative feedback:
Formative feedback will be given to the students at this time via seminar discussions and practice questions. |
No Exam Information |
Learning Outcomes
On completion of this course, the student will be able to:
- Explain and discuss critically the scope and significance of international financial reporting.
- Critical analysis of IFRS.
- Understanding of the impact of financial reporting decisions on society, nation states, organisations and markets.
- Discuss and reflect on current research into international financial reporting.
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Reading List
Resource List: https://eu01.alma.exlibrisgroup.com/leganto/public/44UOE_INST/lists/26181387820002466?auth=SAML
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Additional Information
Graduate Attributes and Skills |
Intellectual Skills and Personal Development
Expand knowledge of financial reporting requirements;
Discuss academic contributions to financial reporting;
Undertake and process research into financial reporting and critically analyse these contributions to knowledge;
Understand practical (social, economic and organisational) implications of research;
Effectively and efficiently communicate findings resulting from critical reflections and observations, both orally and in writing.
Subject Specific Skills
Use suitable websites to find information about institutional and organisational factors affecting corporate reporting and related regulation;
Understand and reflect on the nature of IFRS standard setting and it's implications.
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Additional Class Delivery Information |
Seminar/Tutorials |
Keywords | Not entered |
Contacts
Course organiser | |
Course secretary | Mrs Kelly-Ann De Wet
Tel: (0131 6)50 8071
Email: K.deWet@ed.ac.uk |
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