BAO 3309 Advanced Financial Accounting

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BAO 3309 Advanced Financial Accounting
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General Information

• Contacts
• Jeff Faux email is good
• Refer to course guide for contact details
• Teaching Methods
• Video
• theory in action
• Structure case studies
• Web site _at_

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Subject Aims

• To provide students with the skills necessary to
  critically analyse the foundations of, and the
  concepts associated with financial accounting.
• To develop student understanding of the
  relationship between financial accounting theory
  and concepts and financial reporting practice.
• To further develop develop students technical
  analytical and judgement skills.
• To develop information literacy in financial
  accounting.

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Subject Objectives

• Understand the role of theory in the development
  of accounting
• Have developed an advanced awareness of the
  interaction of the various parties involved in
  the regulation of financial reporting
• Understand the benefits and limitations of the
  conceptual framework project
• Have developed a general understanding of
  measurement issues and their financial reporting
• Are aware of the issues relevant to the
  recognition and reporting of the financial
  statement elements
• Have developed some understanding of corporate
  social environmental responsibility issues

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Topics

• Accounting Theory
• Regulatory Framework
• Conceptual Framework
• Measurement in Accounting
• Trilogy
• Intangibles and Revaluations
• SGARAs
• Employee Entitlements
• Social and Environmental Accounting
• Emerging Topics

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Assessment

• Research Essay 20
• Mid Semester Test (Wk 7) 20
• Final Exam 60
• All components of the assessment must be
• completed satisfactorily to be eligible for a
  pass in the subject.
• The research essay is detailed in the subject
• guide. You should commence your research
• immediately. Additional information is available
  on the website. No extensions will be granted.

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References

• Text
• Godfrey, J., Hodgson, A., and Holmes, S.,
• Accounting Theory, Wiley.
• And either
• Parker, D., and Porter, B., Australian GAAP,
• 2002
• OR
• CPA Australia ICA, Accounting Handbook
• Topic notes other relevant information
• http//www.staff.vu.edu.au/faux

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Our expectations

• The Contract of Reciprocity
• Attendance
• Preparedness
• Participation
• Due diligence