Unit convenor and teaching staff |
Unit convenor and teaching staff
Lecturer-in-charge
Adrian Koit
Email at first instance, the face-to-face if necessary by appointment.
|
---|---|
Credit points |
Credit points
3
|
Prerequisites |
Prerequisites
39cp including ACCG224
|
Corequisites |
Corequisites
|
Co-badged status |
Co-badged status
|
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.
|
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:
Students are expected to spend 150 hours working on this unit. As a guide a student should spend these approximate amounts of time on each of the following activities:
Activities | Hours | |
---|---|---|
1 | Weekly Seminars | 39 |
2 | Assessment Task 1 (Class Test) | 10 |
3 | Assessment Task 2 (Group case study/report) | 15 |
4 | Assessment Task 3 (Group presentation) | 15 |
5 | Assessment Task 4 (Final examination) | 21 |
6 | Readings/self-study | 50 |
Total | 150 |
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.
Name | Weighting | Due |
---|---|---|
Class Test | 20% | Week 5 |
Group Case study/report | 20% | Week 12 |
Group Presentation | 20% | Week 12,13 |
Final Examination | 40% | Examination period |
Due: Week 5
Weighting: 20%
Submission
Test held in Week 5.
Extension
No extensions will be granted i.e. no supplementary test.
Penalties
Students who are absent from the class test will be awarded a mark of 0 for the task, except for cases in which an application for disruption to study is made and approved.
Examination conditions
Time-limited closed book test 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.
Due: Week 12
Weighting: 20%
Submission
To be submitted at the commencement of your enrolled class in Week 12.
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 casesin which an application for disruption to study is made and approved.
Due: Week 12,13
Weighting: 20%
Submission
Each group is required to prepare a presentation which is based on the Group Case study/report. This presentation will be made in Week 12 or Week 13.
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 disruption to study is made and approved.
Due: Examination period
Weighting: 40%
Examination conditions
A time-limited (2 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.
Unit Web Page
Week |
Lecture Topic |
Main Lecture Content |
1 |
Introduction to International Accounting |
|
2 |
International Accounting Patterns and Development |
|
3 |
International Convergence of Accounting Standards
|
|
4 |
International Financial Reporting standards |
|
5 |
Business Combinations and Segment Reporting |
Conceptual issues involved in accounting for goodwill and intangibles |
6 |
Comparative International Accounting I |
|
7 |
Comparative International Accounting II |
|
8 |
Analysis of Foreign Financial Statements |
|
9 |
International Transfer Pricing |
|
10 |
International Performance Evaluation |
|
11 |
International Corporate Social Responsibility |
|
12 |
Group presentations |
|
13 |
Group presentations and revision |
|
Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:
Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html
Assessment Policy http://mq.edu.au/policy/docs/assessment/policy.html
Grading Policy http://mq.edu.au/policy/docs/grading/policy.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Grievance Management Policy http://mq.edu.au/policy/docs/grievance_management/policy.html
Disruption to Studies Policy http://www.mq.edu.au/policy/docs/disruption_studies/policy.html The Disruption to Studies Policy is effective from March 3 2014 and replaces the Special Consideration Policy.
In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
Results shown in iLearn, or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For all student enquiries, visit Student Connect at ask.mq.edu.au
For help with University computer systems and technology, visit http://informatics.mq.edu.au/help/.
When using the University's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students.
Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt discipline-specific knowledge to novel situations, and be able to contribute from their discipline to inter-disciplinary solutions to problems.
This graduate capability is supported by:
We want our graduates to be capable of reasoning, questioning and analysing, and to integrate and synthesise learning and knowledge from a range of sources and environments; to be able to critique constraints, assumptions and limitations; to be able to think independently and systemically in relation to scholarly activity, in the workplace, and in the world. We want them to have a level of scientific and information technology literacy.
This graduate capability is supported by:
Our graduates should be capable of researching; of analysing, and interpreting and assessing data and information in various forms; of drawing connections across fields of knowledge; and they should be able to relate their knowledge to complex situations at work or in the world, in order to diagnose and solve problems. We want them to have the confidence to take the initiative in doing so, within an awareness of their own limitations.
This graduate capability is supported by:
We want to develop in our students the ability to communicate and convey their views in forms effective with different audiences. We want our graduates to take with them the capability to read, listen, question, gather and evaluate information resources in a variety of formats, assess, write clearly, speak effectively, and to use visual communication and communication technologies as appropriate.
This graduate capability is supported by: