ACF5150 Financial reporting issues
Faculty of Business and Economics
ACF5150 Financial reporting issues is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 1 and Semester 2 at Caulfield. It needs ACF5956.
- Credit points
- 6
- Offered in 2022
- Semester 1, Semester 2
- Caulfield
- Assessment
- Exam 40%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2027 entry.
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Requisites
Before ACF5150
Prerequisites
Pass these before you enrol.
After ACF5150
No unit lists ACF5150 as a prerequisite in the 2022 handbook.
Overview
The extent to which accounting theories provide a basis for determining the content of external financial reports and resolving accounting controversies. The subject will provide you with the opportunity to further develop skills of analysis, evaluation and synthesis in the areas of financial accounting and reporting and in the process create an awareness of some current developments in accounting regulation.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus |
| First semester | Caulfield | Evening |
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment60%
- ExaminationThreshold hurdle40%
Learning outcomes
When you finish this unit, you should be able to:
- 1
acquire advanced knowledge and skills in understanding research articles
- 2
synthesise academic literature related to financial reporting issues like voluntary disclosure and earnings management
- 3
appraise and apply a methodology relating to capital markets research in accounting
- 4
develop capabilities to work effectively in a group; and/or demonstrate effective individual research skills to produce a professional quality business document that reports on the findings of an empirical research project; and/or deliver a professional quality presentation; and/or develop oral communication skills and demonstrate independent thinking through contributions to class discussions; and demonstrate in individual summative assessment tasks the acquisition of an comprehensive understanding of the topics covered by this unit.
Workload and teaching
- Lectures18 hours
- Tutorials18 hours
- Teaching approachEnquiry-based learning
- Teaching approachResearch activities
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit engages students in enquiry-based learning, where they will be encouraged to use their own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.
This unit allows students to develop their research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
This unit engages students in actively applying their knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Required resources
O'Brien, P.C., & Scott, W. Financial Accounting Theory (8th ed.). United States: Pearson Education Australia;
Rankin, M., Stanton, P., McGowan, S., Ferlauto, K., & Tilling, M. Contemporary Issues in Accounting (2nd ed.). Milton, Qld: Wiley & Sons.
Technology resources
The only Faculty approved calculators permitted in tests and examinations for all Australian campuses and locations is the HP10bII+ or Casio FX82 (any suffix).
Contacts
- Chief Examiners
- Dr Janto Haman
Common questions
What are the prerequisites for ACF5150?
You need ACF5956 before you enrol.
When is ACF5150 offered?
In 2022, ACF5150 runs in Semester 1 and Semester 2 at Caulfield.
How much work is ACF5150?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ACF5150 have an exam?
Yes. The exam is worth 40% of the final mark, alongside 1 other task.