Issues in Financial Reporting
Essex Business School
Postgraduate: Level 7
Thursday 03 October 2019
Saturday 14 December 2019
24 September 2019
Requisites for this module
MSC N40012 Accounting,
MSC N42012 Accounting and Finance,
MSC N40112 Accounting and Management,
PHD N40048 Accounting
This module aims to develop an awareness of the literature relating to financial reporting theory; the problematic nature of accounting measurements and disclosures; corporate disclosure regulation; the market valuation implications of financial reporting; issues concerned with the reporting of assets/liabilities and the potential role of accounting information in social reporting and distribution of income. The utility of financial statements for markets, management and other stakeholders will be critically evaluated.
This module aims to help students achieve and demonstrate a critical understanding of major current issues in financial accounting and reporting.
On successful completion of the module, students will be able to:
1. Explain the reasons for competing perspectives on the role and nature of financial accounting and reporting.
2. Appreciate the significance of accounting in shaping social relations.
3. Appreciate the usefulness and limitation of theories informing financial reporting practice and research.
4. Assess the usefulness and limitations of empirical studies which attempt to determine the factors which influence accounting policy choice.
5. Explain the nature of and need for the regulation of accounting information.
6. Evaluate the usefulness of accounting and financial information to a variety of stakeholders and society generally
Skills for Your Professional Life (Transferable Skills):
• Improve your written communication skills by writing essays.
• improve your oral communication skills by engaging in class discussions and delivering oral presentations.
• improve teamwork collaboration by preparing class presentations.
No additional information available.
This is a ten week module. There will be a two hour session each week. This will usually be split into a one hour lecture and a one hour seminar/class. Classes are a mix of open class discussions, discussions of academic papers and presentations by students. All students are expected to come pre-prepared.
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
||2,500 word essay
||120 minutes during Summer (Main Period) (Main)
Module supervisor and teaching staff
Muhammad Atif, Osamuyimen Egbon
Dr Mohamed Karim Sorour
Associate Professor of Accounting/ Head of Accounting Subject
Available via Moodle
Of 22 hours, 22 (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).
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