School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Accounting Theory, Research and Practice
  • Unit Code

    ACC6025
  • Year

    2017
  • Enrolment Period

    1
  • Version

    1
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Ms Siew Hoon ONG

Description

The unit explores the linkages between accounting theory, research and practice. It examines current accounting practice and contemporary issues from the perspectives of the theory underpinning it, as well as environmental factors, including cultural factors, that have shaped practice. A main objective of the unit is to highlight the changing nature of accounting research and practice. Another objective is to expose students to research that has been conducted and students will learn how to summarise an academic research paper. In the unit, students will develop the capacity for inquiry and critical analysis skills when examining contemporary accounting issues.

Prerequisite Rule

Students must pass 1 units from ACC6015

Learning Outcomes

On completion of this unit students should be able to:

  1. Analyse an academic journal paper and reflect on its contribution to accounting theory, research and practice.
  2. Analyse contemporary issues in accounting and evaluate alternative solutions to the problem by applying theoretical and practical accounting knowledge.
  3. Discuss the accounting theory/ conceptual framework underlying current accounting practice and how accounting regulation and economic, social, political and technological factors impact on accounting practice.

Unit Content

  1. Accounting theory, research and practice.
  2. Alternative valuation systems: Historical cost, current cost, exit price.
  3. Areas of accounting research including international accounting research and theories that underpin research.
  4. Contemporary issues in accounting.
  5. The Conceptual Framework for Financial Reporting.
  6. The financial reporting environment and regulation of accounting.

Additional Learning Experience Information

On-campus students will meet each week for three hours to review and discuss assigned weekly discussion topics. The unit Blackboard site will provide unit resources, including, PowerPoint presentation slides, study schedule and assessment information. Students will engage in active discussion on current issues and topics relating to accounting theory, research or practice. The two assessments will involve examination of a contemporary accounting issue, and summary and critique of a published academic research paper, respectively. Off-campus students will have access via Blackboard. The Blackboard site will provide unit resources, including PowerPoint presentation slides, study schedule and assessment information. Regular online access is required. The discussion board will be used to enable students to post current information relating to accounting theory, research or practice. The two assessments will involve examination of a contemporary accounting issue, and summary and critique of a published academic research paper, respectively.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
AssignmentSummary and critique of research paper - written report20%
AssignmentAnalysis of accounting issue30%
Examination ^Examination50%
ONLINE
TypeDescriptionValue
AssignmentSummary & critique of research paper - written report20%
AssignmentAnalysis of accounting issue30%
Examination ^Examination50%

^ Mandatory to Pass


Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

ACC6025|1|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Accounting Theory, Research and Practice
  • Unit Code

    ACC6025
  • Year

    2017
  • Enrolment Period

    2
  • Version

    1
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Ms Siew Hoon ONG

Description

The unit explores the linkages between accounting theory, research and practice. It examines current accounting practice and contemporary issues from the perspectives of the theory underpinning it, as well as environmental factors, including cultural factors, that have shaped practice. A main objective of the unit is to highlight the changing nature of accounting research and practice. Another objective is to expose students to research that has been conducted and students will learn how to summarise an academic research paper. In the unit, students will develop the capacity for inquiry and critical analysis skills when examining contemporary accounting issues.

Prerequisite Rule

Students must pass 1 units from ACC6015

Learning Outcomes

On completion of this unit students should be able to:

  1. Analyse an academic journal paper and reflect on its contribution to accounting theory, research and practice.
  2. Analyse contemporary issues in accounting and evaluate alternative solutions to the problem by applying theoretical and practical accounting knowledge.
  3. Discuss the accounting theory/ conceptual framework underlying current accounting practice and how accounting regulation and economic, social, political and technological factors impact on accounting practice.

Unit Content

  1. Accounting theory, research and practice.
  2. Alternative valuation systems: Historical cost, current cost, exit price.
  3. Areas of accounting research including international accounting research and theories that underpin research.
  4. Contemporary issues in accounting.
  5. The Conceptual Framework for Financial Reporting.
  6. The financial reporting environment and regulation of accounting.

Additional Learning Experience Information

On-campus students will meet each week for three hours to review and discuss assigned weekly discussion topics. The unit Blackboard site will provide unit resources, including, PowerPoint presentation slides, study schedule and assessment information. Students will engage in active discussion on current issues and topics relating to accounting theory, research or practice. The two assessments will involve examination of a contemporary accounting issue, and summary and critique of a published academic research paper, respectively. Off-campus students will have access via Blackboard. The Blackboard site will provide unit resources, including PowerPoint presentation slides, study schedule and assessment information. Regular online access is required. The discussion board will be used to enable students to post current information relating to accounting theory, research or practice. The two assessments will involve examination of a contemporary accounting issue, and summary and critique of a published academic research paper, respectively.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
AssignmentSummary and critique of research paper - written report20%
AssignmentAnalysis of accounting issue30%
Examination ^Examination50%
ONLINE
TypeDescriptionValue
AssignmentSummary & critique of research paper - written report20%
AssignmentAnalysis of accounting issue30%
Examination ^Examination50%

^ Mandatory to Pass

Core Reading(s)

  • Deegan, C. (2014). Financial accounting theory (4th ed.). North Ryde, N.S.W.: McGraw-Hill.

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

ACC6025|1|2