Credit points: 15

Subject outline

This subject is conducted over summer and mid-year. It is based on an international study program visiting a number of countries. The subject comprises visits to companies, professional accounting firms, and regulatory bodies. It seeks to develop an understanding of the development and role of international accounting standards and their impact on business. It also examines the roles of the profession and government in the implementation and development of accounting standards and their relevance for business.

FacultyFaculty of Business, Economics and Law

Credit points15

Subject Co-ordinatorLeslie Nethercott

Available to Study Abroad StudentsYes

Subject year levelYear Level 3 - UG

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites ACC2CRE


Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Learning resources


Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsAccounting HandbookPrescribedCPA AustraliaPEARSON PRENTICE HALL, 2010
ReadingsApplying international accounting standardsRecommendedAlfredson, K., Leo, K.,WILEY, 2007
ReadingsIssues in Financial AccountingRecommendedHenderson, S., Pearson, G. and K. HerbolmPEARSON PRENTICE HALL 13TH EDITION, 2008

Subject options

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Start date between: and    Key dates

Melbourne, 2014, Week 02-08, Day


Online enrolmentYes

Maximum enrolment size22

Enrolment information Limited because of travel, accommodation limitations and restrictions at foreign presentation sites. Students unable to enrol without written permission of lecturer.

Subject Instance Co-ordinatorLeslie Nethercott

Class requirements

Seminar Week: 02 - 08
One 3.0 hours seminar per day on weekdays during the day from week 02 to week 08 and delivered via face-to-face.
"Three-week intensive study tour preceded by one 7-hour prepatory lecture in Melbourne."


Assessment elementComments%
One 1500-word case study30
One final 2-hour examination50
Participation in presentationParticipation in presentation includes posing appropriate questions and relevant contributions to discussions20