International Financial Reporting
Essex Business School
Postgraduate: Level 7
Sunday 17 January 2021
Friday 26 March 2021
12 June 2020
Requisites for this module
MSC N43112 International Accounting and Banking,
MSC N431PP International Accounting and Banking with Professional Placement,
MACCN440 Accounting and Finance,
MACCN441 Accounting and Finance (Including Placement Year),
MACCN442 Accounting and Finance (Including Year Abroad)
The module commences with a comparative analysis of the development of national accounting systems. Next the role of the International Accounting Standards Board (IASB) and its impact on financial reporting internationally will be examined in the context of perceived advantages and disadvantages of harmonisation and standardisation. Although the importance of the IASB is primarily seen in the context of capital markets, we will also consider the particular financial reporting needs of developing countries.
The module then considers several country studies, including examples of financial reporting taken from North America, Europe and Japan. Finally the module considers some specific issues related to comparative international financial analysis.
The purpose of this module is to provide students with a critical understanding of current issues in international financial reporting
On successful completion of the module, students will be able to:
1. Identify and evaluate the factors which help to explain differences in the main types of financial reporting system in use internationally.
2. Critically evaluate the role of the IASB in promoting international harmonisation and standardisation of financial reporting.
3. Assess the benefits and costs associated with issues such as the increased harmonisation of financial statements.
No additional information available.
This module is normally delivered through 2 hour teaching session each week and is a ten week module.
Students are expected to study the appropriate readings and review the relevant class topics before the session. These sessions are an important element in developing a critical awareness of the financial reporting literature.
n Academic Year 2020-2021, the delivery is likely to be different and involve online learning.
This module does not appear to have any essential texts. To see non-essential items, please refer to the module's reading list.
Assessment items, weightings and deadlines
|Coursework / exam
||4,000 words coursework
Module supervisor and teaching staff
Mr Md Islam, email: email@example.com.
Mr Md S Islam & Ammar Gull
Dr Mohamed Karim Sorour
Associate Professor of Accounting/ Head of Accounting Subject
Available via Moodle
Of 20 hours, 20 (100%) hours available to students:
0 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).
* Please note: due to differing publication schedules, items marked with an asterisk (*) base their information upon the previous academic year.
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