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Unit (2020)

Information on this page, including unit offerings, is from the 2020 academic year.

Accounting Theory and Governance (MBS679)

Organisational Unit Business
Credit Points 3
Availability MURDOCH: S2-internal, S2-external
KAPLAN-SGP: TSA-internal
Teaching Timetables Murdoch S2
Description The focus of this capstone accounting unit is on the theories that underpin contemporary accounting issues and accounting standards. Topics include accounting theories, measurement alternatives, governance and ethics, triple bottom line and social responsibility reporting and the importance of understanding user needs and impediments to transparent financial reporting.
Unit Learning Outcomes On successful completion of the unit you should be able to:
1. Demonstrate a critical understanding of key concepts of accounting theory and theoretical accounting frameworks.
2. Apply the concept of regulation to the production of accounting information
3. Critically evaluate theories and examples of accounting policy choice.
4. Critically evaluate the alternative measurement bases.
5. Discuss international adoption of IFRS, explain the difference between the harmonisation and convergence and identify the benefits of and limitations of IFRSs adoption.
6. Demonstrate a critical understanding of key concepts of corporate governance, and the role of corporate governance and regulation in alleviating both the causes and effects of corporate failures.
7. Debate future directions in accounting including social and environmental reporting, and international financial reporting standards.
8. Demonstrate the ability to work effectively as a team member to achieve a shared objective
Timetabled Learning Activities This unit consists 2.5 hours seminar per week
All offerings of this unit include the equivalent of 30 hours of structured learning.
Unit Learning Experiences The approach to learning in this unit requires students to prepare for each session in advance, to participate in experiential learning exercises, discussions, and other activities during sessions. External students will be required to participate online. Most sessions will include a recorded lecture component which will be available for downloading
Assessment Workshop Participation: 5%
Group Presentation: 10%
Group Case Study Report: 15%
Mid-term: 20%
Final: 50%
Prerequisites MBS513/MBS539 Accounting for Managers
Exclusions Students who have completed MBS633 Accounting Theory and Governance may not enrol in this unit for credit.
Previously 2013: MBS633
Appears in these Courses/Majors:
see individual structures for context
Master of Professional Accounting (Advanced) (MPA(Adv))
Master of Professional Accounting (MPA)
Internet Access RequirementsMurdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.


Unit Coordinator
Dr MD Moazzem Hossain
Senior Lecturer Financial Accounting

Murdoch Campus
t: 9360 6023
e: M.Hossain@murdoch.edu.au
o: 512.2.034 - Murdoch Business School, Murdoch Campus
Unit Contacts

Miss Mellisa Lewis
Lecturer In Accounting

Murdoch Campus
t: 9360 2155
e: m.lewis@murdoch.edu.au
o: 512.2.011 - Murdoch Business School, Murdoch Campus

MURDOCH: S2-External
MURDOCH: S2-Internal
Dr MD Moazzem Hossain
Senior Lecturer Financial Accounting

Murdoch Campus
t: 9360 6023
e: M.Hossain@murdoch.edu.au
o: 512.2.034 - Murdoch Business School, Murdoch Campus
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