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Winter School Subject List for 2013

International Accounting - Stream B (ACCT6002) - (Stream B)  - Opens 17 May 2012

Faculty: Business (Business School)
Department: International Business
Level: Postgraduate
Credit Points: 6

Instructors: There are no Instructor details available for this course. 
Contacts: There are no Contact details available for this course.

 Start Date: 02 Jul 2012 
End Date: 21 Jul 2012 
Capacity: 40 
Status: Places available 
Enrolments Open: 17 May 2012 
Enrolments Close: 23 Jun 2012 
Census date: 06 Jul 2012 
On-time withdrawals close: 23 Jun 2012 
Costs: Local - $3300.00 *
International - $4140.00 *

* Please note: Fees are indicative - while every effort is made to display the correct fees, final fees may vary.
Available to audit: No
Open to HSC graduates?: No

Prerequisites:

  1. Assumed Knowledge: - 

    ACCT6001

  2. Prerequisite: - 

    ACCT5001

Description

Many of the topics in an international accounting course have a domestic counterpart. However, new factors and complications arise in the international arena. Some of these are (1) diversity of laws, practices, customs, cultures, and competitive circumstances; and (2) risks associated with fluctuating exchange rates, differential rates of inflation, and unstable property rights. International accounting discusses issues from the perspective of companies that have internationalised their finance and/or their operations. It has a comparative aspect, comparing accounting across countries. It deals with corporate reporting and disclosure across national boundaries. It also deals with the harmonization of the worldwide diversity in financial reporting, in particular, convergence around International Financial Reporting Standards. It discusses foreign currency translation, a consolidations issue that arises from multinational operations. Finally, it aims to introduce the key issues relevant for undertaking cross-border analysis of financial statements.

Assessment

Major assignment, participation, final exam (3hrs)

Timetable

Start Date: 02 Jul 2012     End Date: 21 Jul 2012

Lectures: Monday, 18:00 - 19:00 hrs, Wednesday, 18:00 - 19:00 hrs, Friday, 18:00 - 19:00 hrs, Saturday, 15:00 - 16:00 hrs
Tutorial Stream B: Monday, 16:00 - 18:00 hrs, Wednesday, 16:00 - 18:00 hrs, Friday, 16:00 - 18:00 hrs, Saturday, 16:00 - 18:00 hrs
Exam: Mon 23 July, 14:00 - 17:10 hrs

Venues

Lectures and tutorials: Institute Lecture Theatre 1
Exam: Merewether Lecture Theatre 5

Texts

Radebaugh, Lee H, Sidney J Gray, Ervin L. Black. 2006. International Accounting and Multinational Enterprise. Sixth edition. John Wiley & Sons.

Nobes, C.W. and R.H. Parker. 2010. Comparative International Accounting. Eleventh edition. Pearson Education Australia.