Course Co-ordinator: Ms A McGeachin

Pre-requisite(s): AC 2524

Building upon the material in Financial Accounting 2, the course examines in greater detail theoretical frameworks applicable to financial reporting. Conceptual frameworks and income theory are used to critically evaluate the accounting treatment of assets and liabilities and the measurement of performance with particular emphasis being placed upon controversial areas of financial reporting.

The course comprises.
(a) A series of 18 one-hour lectures
(b) A series of 11 two-hour workshops at which students will have to prepare, present and discuss their work.

1st Attempt: There are three elements to assessment:

1. An incomplete records exercise (10%).


2. Weekly workshop/seminar questions ? both numerical and essay based (20%).


3. A two-hour closed book examination in January (70%).

Resit: 1 two-hour written examination.