Accounting Theory


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.


UoN Singapore

  • Trimester 1 - 2017 (Singapore)
  • Trimester 2 - 2017 (Singapore)
  • Trimester 3 - 2017 (Singapore)


  • Semester 1 - 2017


  • Semester 1 - 2017

Learning Outcomes

On successful completion of the 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.


Lectures 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

Assumed Knowledge

The assumed knowledge for this course is completion of ACFI2003 or ACFI2004 or ACFI2011 or ACFI2012.

Assessment Items

Written Assignment: Written Research Report: Critical evaluation of an accounting standard

Presentation: Presentations

Written Assignment: Reading Notes and summaries

Formal Examination: Final Examination

Contact Hours

Callaghan, Ourimbah and UoN Singapore

Integrated Learning Session

Face to Face On Campus 2 hour(s) per Week for Full Term starting in week 1

Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.