Business and management studies

Accounting Theory

Module code: N1607
Level 6
15 credits in spring semester
Teaching method: Workshop, Lecture
Assessment modes: Coursework

This is a capstone module that builds upon all accounting modules studied in previous semesters. It provides insight into the ways in which accounting choice is affected by internal and external factors. It illustrates that the reality presented in financial reports is constructed and not a direct consequence of the activities and events that those reports purport to present. The module overviews the development of accounting and its role in society, and presents a range of theoretical perspectives of accounting choice. In doing so, it considers links between accounting theory, research and practice and, in particular, earnings management.

Module learning outcomes

  • Demonstrate an ability to analyse and critically evaluate arguments concerning accounting choice.
  • Identify and apply appropriate theory of accounting to analyse and interpret accounting choice.
  • Apply critical thinking, problem solving, and communication skills in interpreting real life accounting issues using theories of accounting.
  • Identify and apply appropriate theory of accounting to interpret and explain corporate communications of both financial and non-financial information.