Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor & Lecturer
Dr Andreas Hellmann
Contact via andreas.hellmann@mq.edu.au
4ER 233
For consultation hours please check iLearn
Rahat Munir
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Credit points |
Credit points
3
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Prerequisites |
Prerequisites
(39cp at 100 level or above) including ACCG224
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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 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 and 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. The unit aims to develop a range of graduate capabilities 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:
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 | |
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1 | Weekly Seminars | 39 |
2 | Assessment Task 1 (Class Test) | 20 |
3 | Assessment Task 2 ( Group presentation) | 20 |
4 | Assessment Task 3 (Final examination) | 31 |
5 | Readings/self-study | 40 |
Total | 150 |
Name | Weighting | Hurdle | Due |
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Class Test | 25% | No | Week 6 |
Group Presentation | 25% | No | Week 12,13 |
Final Examination | 50% | No | Examination period |
Due: Week 6
Weighting: 25%
Submission
Test held during class in week 6. Attendance is compulsory.
Penalties
Zero mark for non-submission. A supplementary test will be scheduled to absent students with approved Special Consideration.
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 12,13
Weighting: 25%
Submission
Each group is required to prepare and give a presentation which is based on a case study released on iLearn. Groups will be scheduled for presentations in weeks 12 and13. Attendance is compulsory. Groups will be assessed on the overall quality of content (50% of the overall mark); students will also receive a mark for their individual performance during the presentation (50% of the overall mark).
Penalties
Students who are absent from the presentation will be awarded a mark of 0 for the task. If there is an approved Special Consideration, another time will be scheduled for the student to present or an alternative assessment will be given accordingly.
Due: Examination period
Weighting: 50%
Submission
Attendance is compulsory. Review the relevant policies in the Policies and Procedures section in this unit guide.
Examination conditions
A 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.
Week |
Lecture Topic |
Main Lecture Content |
1 |
Introduction to International Accounting |
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2 |
International Accounting Patterns and Development |
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3 |
International Convergence of Accounting Standards
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4 |
International Financial Reporting standards |
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5 | Comparative International Accounting I |
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6 | Comparative International Accounting II |
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7 |
Business Combinations and Segment Reporting |
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8 |
Analysis of Foreign Financial Statements |
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9 | International Transfer Pricing |
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10 |
International Performance Evaluation |
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11 |
International Corporate Social Responsibility |
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12 |
Group Presentations: Use of IFRS worldwide |
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13 |
Group Presentations: Use of IFRS worldwide |
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Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Undergraduate students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/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://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources 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:
There are changes to the assessments in this session.