Accounting Theory

Course code ACFI3001Units 10Level 3000Faculty of Business and LawNewcastle Business School

Theory defines practice; its success depends upon its value to the user. Various issues associated with the formulation of accounting theory are investigated. General parameters established by reference to alternate organisational structures and theories are used to evaluate the requirements of accounting in major managerial activities. Self directed learning and critical thinking skills are emphasised as essential professional attributes.

Available in 2015

Callaghan CampusSemester 1
OurimbahSemester 1
UoN SingaporeTrimester 1, Trimester 3
Previously offered in 2014
ObjectivesOn successful completion of this course, students will be able to:
1. Demonstrate a descriptive understanding of achievements within the discipline of financial accounting with reference to various processes and theories.
2. Assess the implications for accounting of alternate approaches to decision making and alternative concepts of organization.
3. Critically examine the role of accounting information from a strategic perspective.
4. Work independently or collaboratively to communicate professional knowledge and experience in both written and verbal formats.
5. Make reasoned ethical judgements relating to their professional knowledge and accounting research.
6. Evaluate different accounting paradigms and outcomes to inform and direct personal learning.
7. Construct a research proposal and conduct an investigative project producing outcomes which meet academic standards.
ContentLectures may include, but not be restricted to, the following topics:
1. Accounting Theory
2. Accounting Research
3. Ethics relating to research and professions
4. The accounting environment
5. Normative research
6. Empirical research
7. Alternative approaches
8. Evaluation
Replacing Course(s)This course replaces ACFI3010 and ACFI3030.
TransitionThis course is not available to students who have completed either ACFI3010 or ACFI3030.
Industrial Experience0
Assumed KnowledgeACFI2001 or ACFI2003
Modes of DeliveryInternal Mode
Teaching MethodsLecture
Assessment Items
Essays / Written AssignmentsResearch Report
Examination: Formal
Other: (please specify)Tutorial Exercises
Presentations - Tutorial
Contact HoursLecture: for 2 hour(s) per Week for Full Term
Tutorial: for 1 hour(s) per Week for 13 weeks
Timetables2015 Course Timetables for ACFI3001