Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Andreas Hellmann
Contact via andreas.hellmann@mq.edu.au
E4A 233
Wednesday, 10-12am
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Credit points |
Credit points
3
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Prerequisites |
Prerequisites
39cp including ACCG224(P)
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit is an advanced unit that aims to provide students with a comprehensive understanding of international financial accounting and reporting issues. It encourages students to become aware of the complexities inherent in international financial accounting and reporting. This unit offers broad and in-depth coverage of topics including: international accounting patterns and development; comparative international accounting practices; international financial reporting standards; international financial statement analysis; global harmonisation/convergence of accounting standards; international corporate governance and control; international transfer pricing and performance evaluation; and comparative international auditing. In addition to the technical and theoretical skills developed in this course, this unit aims to fortify analytical, critical and presentation skills by using a variety of assessment tasks such as case studies, in-class presentation and assignments. This unit aims to develop a range of graduate capabilities in the students that include: the ability to make well-reasoned, independent and socially responsible choices; and the ability to use critical thinking and creativity to understand different perspectives and make effective decisions.
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Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Name | Weighting | Due |
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Class Tests | 15% | Week 4; Week 7; Week 9 |
Group Case study/report | 20% | Week 11 |
Group Presentation | 10% | Week 11 |
Final Examination | 55% | University Examination Period |
Due: Week 4; Week 7; Week 9
Weighting: 15%
Submission
Test 1 held in Week 4 (weighting is 5%).
Test 2 held in Week 7 (weighting is 5%).
Test 3 held in Week 9 (weighting is 5%).
Extension
No extensions will be granted i.e. no supplementary tests.
Penalties
Students who are absent from the class test(s) will be awarded a mark of 0 for the task, except for cases in which an application for special consideration is made and approved.
Due: Week 11
Weighting: 20%
Submission
To be submitted at the commencement of your enrolled class in Week 11.
Extension
No extensions will be granted.
Penalties
Late submission of the group case study/report will be accepted up to 24 hours after the submission deadline. There will be a deduction of 50% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission - 100% penalty). This penalty does not apply for cases in which an application for special consideration is made and approved.
Due: Week 11
Weighting: 10%
Submission
Each group is required to prepare a 15 minute presentation. This presentation will be made in Week 11.
Extension
No extensions will be granted.
Penalties
Students who are absent from the presentation will be awarded a mark of 0 for the task, except for cases in which an application for special consideration is made and approved.
Due: University Examination Period
Weighting: 55%
Examination conditions
A time-limited (3 hour) invigilated closed book final examination will be held in order to assess students body of knowledge and critical thinking skills.
Non-programmable calculators with no text-retrieval capacity are allowed.
No other books, aids or other materials are permitted.
Dictionaries are not permitted.
What is required to complete the unit satisfactorily
Students must attempt all assessment tasks and achieve an overall mark of fifty (50) percent to be considered satisfactory.
If a Supplementary Examination is granted as a result of the Special Consideration process the examination will be scheduled as per the Supplementary Examination timetable of the Faculty. Please note that the supplementary examination will be of the similar format as the final examination.
Unit Web Page
Changes since the last offering of this unit
Week | Lecture Topic | Main Lecture Content | Textbook Chapter |
1 | Introduction to International Accounting and Reporting |
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Chapter 1 |
2 | International Accounting Patterns and Development |
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Chapter 2
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3 |
Accounting Standards and International Convergence Current Issues in International Accounting (Research Seminar) |
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Chapter 3
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4 |
International Financial Reporting |
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Chapter 4 |
5 | Comparative International Accounting I |
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Chapter 6
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6 | Comparative International Accounting II |
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Chapter 6
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MID-SEMESTER BREAK |
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7 | International Transparency, Disclosure and Financial Statement Analysis |
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Chapter 10 |
8 | Additional Reporting Issues - International Business Combinations and Segment Reporting |
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Chapter 9 |
9 | International Transfer Pricing |
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Chapter 12 |
10 | International Performance Evaluation |
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Chapter 13 |
11 | International Auditing and Corporate Governance |
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Chapter 14
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12 | International Corporate Social Reporting |
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Chapter 15 |
13 | Revision |
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Assessment Policy http://mq.edu.au/policy/docs/assessment/policy.html
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