INTERNATIONAL ACCOUNTING STUDY PROGRAM
ACC3IAS
Not currently offered
Credit points: 15
Subject outline
This subject is conducted over summer and it is based on an international study program visiting a number of countries. As part of this subject you will visit companies, professional accounting firms, and regulatory bodies. It seeks to develop your understanding of the development and role of international accounting standards and their impact on business. You will also examine the roles of the profession and government in the implementation and development of accounting standards and their relevance for business.
School: La Trobe Business School
Credit points: 15
Subject Co-ordinator: Justin Lachal
Available to Study Abroad Students: Yes
Subject year level: Year Level 3 - UG
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: ACC2CRE
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: N/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | IPSAS Explained: A Summary of International Public Sector Accounting Standards. 3rd Edition | Prescribed | Thomas Muller-Marques Berger, EY. 2018 | WILEY |
Graduate capabilities & intended learning outcomes
01. Demonstrate an understanding of International Financial Reporting Standards and how they affect business
- Activities:
- Overseas visitation and essays
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Speaking)
- Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
02. Understand the role and operation of the International accounting Standards Board, and other European Regulatory Bodies, concerning the issues of Accounting Standards.
- Activities:
- Overseas visitation and presentations
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
03. Obtain an understanding and insight into the structure and operation of Asian and European Corporations and Professional bodies.
- Activities:
- Overseas visitation and presentations
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
04. Understand the manner in which professional accounting firms, and European companies, ensure compliance and consistency of domestic accounting standards.
- Activities:
- Overseas visitation and presentations
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
05. An awareness of current global business issues in the context of a post GFC environment in Asia and Europe.
- Activities:
- Overseas visitation and presentations
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Speaking)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)