ACCT5501 Contemporary Issues in Accounting
- 6 points
|Semester 1||UWA (Perth)||Face to face|
|Semester 2||UWA (Perth)||Face to face|
- 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.
- 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.
- Typically this unit is assessed in the following ways: (1) In-class group case study ; (2) class presentation and discussion ; and (3) reflection. Further information is available in the unit outline.
Supplementary assessment is not available in this unit.
- Unit Coordinator(s)
- Professor Jac Birt
- Unit rules
- 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
- Unit Outline
- The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
- All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
- Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.