306-461 Advanced Financial Accounting

Coordinator:

Prerequisite/s:

Timetable:

Contact:

Objectives:

Students should be able to:

• understand contemporary research in the mainstream areas of financial accounting research;

• apply alternative paradigms to explain financial accounting behaviour;

• understand whether and how accounting practices influence decision-making on macro-economic and micro-economic levels;

• appreciate the reasons underlying various changes in the focus of financial accounting research;

• understand how accounting and accounting regulation impact upon firm value due to the use of accounting numbers in contracting and political processes;

• understand key issues in contemporary auditing research.

Content:

An appraisal of the empirical literature in financial accounting and the auditing of financial accounting reports. Emphasis is placed on the role of accounting information in capital markets, contracting, regulation, and human judgement theories.

Assessment:

Prescribed Texts:

Selected readings (current year version) Advanced Financial Accounting. Department of Accounting and Finance.