Accounting Theory and Practice

University of Westminster

Course Description

  • Course Name

    Accounting Theory and Practice

  • Host University

    University of Westminster

  • Location

    London, England

  • Area of Study

    Accounting, Finance

  • Language Level

    Taught In English

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • UK Credits

  • Recommended U.S. Semester Credits
  • Recommended U.S. Quarter Units
  • Overview

    The module will emphasize why accounting theory can be used to understand issues such as accounting measurement, accounting information, accounting methods and capital markets reaction to accounting information. This module will provide a balanced perspective of financial accounting theory and practice including numerical calculations for group accounts. Students will be expected to critically discuss the theories for and against regulation of financial accounting and others that explain different types of voluntary reporting decisions. Because the module provides a balanced perspective of alternative and conflicting theories of financial accounting, the module can provide basis for students’ contemplating research in different areas of financial accounting.Learning activities include directed lecture, seminar and workshops which will include case study scenarios. The workshops will be used to engage students in debate and use of sources from real-life companies and contemporary events to illustrate financial accounting in practice.

    Assessment: Essay (25%), Examination - closed book (75%)

Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Some courses may require additional fees.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.


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