The Accounting Theory - 10861422
Course Title
The Accounting Theory
Course Number
10861422
Instructor Name
Mohammed Omran
Contact Information
[email protected]
Semester(s) and academic year(s)
Second Semester 2020
Compulsory / Elective
Compulsory
Course Description

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.

Course Objectives

This course intends to help students to understand the role of theory in the development of the accounting profession, pracices and accounting research.

Intended learning Outcomes and Competences

After finishing the course, students are expected to be able to 

  1. Understand and discuss theories underlying financial accounting practices and research.
  2. Distingushe between the main methodologies and approaches in formulating the accounting theory.
  3. Understand the main concepts of income, capital and equity.
  4. Understand and discuss the historical development of accounting practices and theories.
Textbook and References

Financial Accounting Theory and Analysis: Text and Cases, 11th Edition

Assessment Criteria
Activity Percent (%)
Quizzes 55%
Assignment 30%
Online Discussion of written assignments 15%