Current Issues in Accounting
| Code | School | Level | Credits | Semesters |
| BUSI4406 | Business | 4 | 20 | Autumn UK |
- Code
- BUSI4406
- School
- Business
- Level
- 4
- Credits
- 20
- Semesters
- Autumn UK
Summary
The module will cover 10 lectures within each the following two areas:
1. Current issues in financial accounting and reporting,
2. Current issues in management accounting
Indicative topic areas include Corporate Governance and Accountability; Current Issues in Auditing; Measurement Issues; Current Issues in Taxation; Changing Nature of Management Accounting; Contemporary Management Accounting Techniques; and Case study Research in Management Accounting
Target Students
Available for MSc Accounting and Finance students and MSc Exchange students.
Classes
- One 1-hour-30-minute seminar each week for 4 weeks
- One 3-hour lecture each week for 11 weeks
Breakdown of Hours: 11 x 3 hour lectures = 33 4 x 1.5 hour small group seminars = 6 6 x 3 hour preparation for seminars = 18 11 x 5 hour lecture reading = 55 35 hours coursework preparation 53 hours exam preparation 200 hours in total
Assessment
- 40% Coursework: Group coursework, 40% - 3000 words.
- 60% Exam (24-hour): Take Home Exam, 60%. The reassessment for this module is 100% take home exam.
Assessed by end of autumn semester
Educational Aims
The principal aims of this module are, firstly, to build on the students’ existing accounting knowledge by developing an integrated and critical understanding of the major “themes” of accounting, both financial and management. This will provide an intellectual underpinning to the students’ approach to the other modules in the programme.The second aim is to provide an opportunity for students to examine in depth a number of current topics in financial reporting and management accounting. The approach to these topics will develop students’ technical knowledge and skills but will also adopt a critical perspective on recent developments and ideas in financial reporting and management accounting. Technical understanding and critical evaluation of the chosen topics will provide a relevant background for issues encountered in other modules in the programme.Learning Outcomes
Knowledge and understanding
This module develops a knowledge and understanding of:
• The dynamics of the global economy and international business &/or an awareness of cultural, legal/regulatory, political, and economic differences across countries &/or an appreciation of management issues from a global perspective.
• The importance of sustainability issues, including an understanding of the challenges and opportunities arising from the activities of people and organisations on the economic, social and environmental conditions of the future.
• Leadership and management of people within organisations – leadership, organisational behaviour and motivation
Intellectual Skills
This module develops:
• Being able to think critically and be creative: manage the creative processes in self and others; organise thoughts, analyse, synthesise and critically appraise. This includes the capability to identify assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately
Transferable (key) Skills
This module develops:
• Effective communication: networking, listening, oral and written communication of complex ideas and arguments, using a range of media, including the preparation of business reports