Special Consideration
ACC306 Accounting Theory and Contemporary Issues
Unit Description
This unit considers accounting theory and topical contemporary issues in accounting. The approach taken is to introduce various contemporary topics and accounting theories and to then critically assess theory development including normative accounting theories, positive accounting theories, ethics in accounting, social and environmental accounting issues in accounting.
The unit deals with more technical areas of accounting, the fundamentals of accounting theory and of accounting for corporate social responsibility are introduced. The unit has been designed to the specifications of CPA Australia.
Expected Student Workload
Number of timetabled hours per week: 4 hours (2 hours in lecture and 2 hours in tutorial)
No. personal study hours per week: 6 hours
Total workload hours per week: 10 hours
Prerequisites
ACC205 Corporate Accounting
ACC203 Management Accounting
Unit Weighting
Unit credit points: 10
Total course credit points: 240
Delivery Mode
Face to face on VSC campus
Unit Learning Outcomes (ULO)
ULO1: Apply knowledge of accounting techniques, concepts, principles and theories to resolve ethical dilemmas and/or contemporary accounting problems.
ULO2: Analyse a range of contemporary accounting issues and theories, and apply the Code of Ethics for professional accountants to make sound decisions.
ULO3: Critique the roles of the professional accountant and the accounting profession in society and their duties to individual clients and society at large.
ULO4: Exercise judgement in the application of selected accounting standards and/or legislative requirements.