ACCT5501 Contemporary Issues in Accounting

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
Content
This is the capstone unit in the Master of Professional Accounting. It aims to consolidate the understanding of accounting theory and practice gained in the other units. The corporate governance, economic consequences/costly contracting, conceptual framework, and social responsibility perspectives are examined in relation to a number of current accounting issues.
Outcomes
Students are able to (1) critically review current issues of relevance to accounting professionals; (2) provide an overview of the issues relating to accounting policy choice, costly contracting and economic consequences; (3) critically review how accounting policy choice affects financial reporting in practice; (4) demonstrate the ability to apply research skills to investigate a contemporary accounting issue; (5) demonstrate the ability to produce clear and concise written communication in a complex accounting context to accountants and non-accountants; (6) reflect on performance feedback to identify and action opportunities for learning and self-improvement; and (7) demonstrate an understanding and respond appropriately to ethical, cultural, social and sustainability issues.
Assessment
Typically this unit is assessed in the following ways: (1) research assignment; (2) presentations; and (3) examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Associate Professor George Shan
Unit rules
Prerequisites:
for the honours Accounting specialisation: ACCT3321 Financial Accounting: Theory and Practice; for the Master of Professional Accounting: ACCT5531 Financial Accounting: Theory and Practice
Contact hours
lectures/seminars/workshops: up to 3 hours per week
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