INTERNATIONAL ACCOUNTING

ACC3IAC

2021

Credit points: 15

Subject outline

The purpose of this subject is to increase your understanding of the social, political, economic and cultural factors that may lead to diversity of national accounting systems throughout the world and the problems that this diversity may cause for both companies; users of corporate annual reports and financial markets. This subject will increase your understanding of how the global international financial community has responded to this challenge through the International Accounting Standards Board and International Financial Reporting Standards.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorJustin Lachal

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 3 - UG

Available as ElectiveYes

Learning ActivitiesOnline Lectures; Forum and Other Online Discussion Activities; Online Tutorial Questions; Learning Journal; Written Report

Capstone subjectNo

Subject particulars

Subject rules

PrerequisitesACC2CRE

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Readings

Comparative International Accounting

Resource TypePrescribed

Resource RequirementN/A

AuthorNobes, C., and Parker, R.

Year2016

Edition/Volume13th Edition

PublisherPrentice-Hall International (UK) Limited, Hertfordshire.

ISBN9781292081908

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Career Ready

Career-focusedNo

Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

Intended Learning Outcomes

01. Explain the role and use of information for financial reporting and the problems this diversity may generate.
02. Analyse and explain the major factors influencing the development of accounting and information disclosure in the global economy.
03. Explain and critique the role of international accounting in developing economies.
04. Compare and contrast the financial reporting practices and regulatory frameworks of a variety of countries
05. Assess the arguments for and against international harmonization and the role of the International Accounting Standards Board (IASB and other global and regional bodies
06. Describe, contrast and evaluate the solutions that the IASB has developed to a number of key international financial reporting issues
07. Critically appraise the extent to which the IASB and International Financial Reporting Standards (IFRSs could help towards more sustainable forms of business practice

Subject options

Select to view your study options…

Start date between: and    Key dates

Albury-Wodonga, 2021, Winter semester, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorJustin Lachal

Class requirements

Scheduled Online ClassWeek: 27 - 28
Four 1.00 h scheduled online class other recurrence on any day including weekend at night from week 27 to week 28 and delivered via online.
During the study period, students will have the option to attend online discussion sessions in which they discuss subject content with other students and the subject coordinator.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

Learning Journal (equivalent to 500 words)

N/AOtherIndividualNo10 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

Written Report (equivalent to 1,000 words)

N/AReportIndividualNo30 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

3-hour final examination (equivalent to 3,000 words)

N/ACentral examIndividualNo60 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

Bendigo, 2021, Winter semester, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorJustin Lachal

Class requirements

Scheduled Online ClassWeek: 27 - 28
Four 1.00 h scheduled online class other recurrence on any day including weekend at night from week 27 to week 28 and delivered via online.
During the study period, students will have the option to attend online discussion sessions in which they discuss subject content with other students and the subject coordinator.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

Learning Journal (equivalent to 500 words)

N/AOtherIndividualNo10 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

Written Report (equivalent to 1,000 words)

N/AReportIndividualNo30 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

3-hour final examination (equivalent to 3,000 words)

N/ACentral examIndividualNo60 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

Melbourne (Bundoora), 2021, Winter semester, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorJustin Lachal

Class requirements

Scheduled Online ClassWeek: 27 - 28
Four 1.00 h scheduled online class other recurrence on any day including weekend at night from week 27 to week 28 and delivered via online.
During the study period, students will have the option to attend online discussion sessions in which they discuss subject content with other students and the subject coordinator.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

Learning Journal (equivalent to 500 words)

N/AOtherIndividualNo10 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

Written Report (equivalent to 1,000 words)

N/AReportIndividualNo30 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

3-hour final examination (equivalent to 3,000 words)

N/ACentral examIndividualNo60 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

Mildura, 2021, Winter semester, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorJustin Lachal

Class requirements

Scheduled Online ClassWeek: 27 - 28
Four 1.00 h scheduled online class other recurrence on any day including weekend at night from week 27 to week 28 and delivered via online.
During the study period, students will have the option to attend online discussion sessions in which they discuss subject content with other students and the subject coordinator.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

Learning Journal (equivalent to 500 words)

N/AOtherIndividualNo10 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

Written Report (equivalent to 1,000 words)

N/AReportIndividualNo30 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

3-hour final examination (equivalent to 3,000 words)

N/ACentral examIndividualNo60 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

Shepparton, 2021, Winter semester, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Subject Instance Co-ordinatorJustin Lachal

Class requirements

Scheduled Online ClassWeek: 27 - 28
Four 1.00 h scheduled online class other recurrence on any day including weekend at night from week 27 to week 28 and delivered via online.
During the study period, students will have the option to attend online discussion sessions in which they discuss subject content with other students and the subject coordinator.

Assessments

Assessment elementCommentsCategoryContributionHurdle% ILO*

Learning Journal (equivalent to 500 words)

N/AOtherIndividualNo10 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

Written Report (equivalent to 1,000 words)

N/AReportIndividualNo30 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7

3-hour final examination (equivalent to 3,000 words)

N/ACentral examIndividualNo60 SILO1, SILO2, SILO3, SILO4, SILO5, SILO6, SILO7