This course explores some of the theoretical issues that underlie the discipline of financial accounting and some of the practical consequences of these issues. The course draws on related fields of study, particularly economics and finance, to examine the efficient markets hypothesis and its implications for financial reporting. Applications of the present value model in accounting, agency theory and its implications for financial reporting, the accounting standard-setting process, and the economic consequences of accounting decisions are also discussed.
This course intends to help students to understand the role of theory in the development of the accounting profession, pracices and accounting research.
After finishing the course, students are expected to be able to
Financial Accounting Theory and Analysis: Text and Cases, 11th Edition
Activity | Percent (%) |
---|---|
Quizzes | 55% |
Assignment | 30% |
Online Discussion of written assignments | 15% |