International Accounting

Queensland University of Technology

Course Description

  • Course Name

    International Accounting

  • Host University

    Queensland University of Technology

  • Location

    Brisbane, Australia

  • Area of Study

    Accounting, International Business

  • Language Level

    Taught In English

  • Prerequisites

    BSB110 or CTB110, and BSB119 or CTB119

  • Course Level Recommendations

    Upper

    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

  • Credit Points

    12
  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    Synopsis:
    International Accounting is designed to provide students with an insight into, and an appreciation of, many of the financial accounting and reporting issues faced in an international business environment. Issues examined include: comparative international accounting systems and practices; cultural influences on financial accounting and reporting policies and practices; comparative international analysis of financial statements; international foreign currency transactions and hedging; international corporate social responsibility (sustainability) reporting and comparative international auditing and taxation issues in the twenty-first century. The unit also examines the impact of international harmonisation of accounting standards on multinational corporations and the investment communities worldwide.
    Learning Outcomes
    On completion of this unit you should be able to:
    1. Identify and analyse international business issues in financial accounting, reporting, disclosure, and enforcement informed by relevant analytical frameworks;
    2. Apply theoretical and technical knowledge of international accounting policy choices and practices to the cross-cultural interpretation and analysis of external financial reports of leading international corporations;
    3. Exercise critical thinking in relational to current issues raised in the international accounting literature and make informed judgements and recommendations;
    4. Present and engage in reasoned debate relating to current international business issues; and
    5. Demonstrate reflective thinking and responsibility for your own learning and professional practice.
    Assessment
    Assessment name: Final Examination
    Description: This final examination of 2 hours plus 10 minutes perusal will consist of theoretical questions and case studies. It will be a closed book exam. Detailed information will be provided closer to the examination. Formative or Summative: Summative
    Relates to objectives: 1, 2, & 3
    Weight: 50
    Internal or external: Internal
    Group or individual: Individual
    Due date: Central Exam Period
    Assessment name: Decision Case/Presentation
    Description: For each tutorial from week three there will be a decision/judgement-based case related to the tutorial topic for that week. Each week 2/3 students will work together to orally present their answers to the tutorial questions. The presentation should last for approximately 5 minutes - 10 minutes per student - and will be marked out of 8% by your tutor. For those students not presenting each week (i.e. the 'listening' audience), the same tutorial case questions must be attempted at home with your answers then being brought along to the presentation each week. Your answers can then be expanded to include additional issues raised by the presenters and/or your tutor. Throughout the semester, tutors will randomly collect four of these presentation case responses at the completion of the presentation and the best three out of four will count towards the 12% marks. Tutorials will commence in week two of the semester, while these presentations will start from week three and will run through to Week 13. Note: You will also have the opportunity to participate in a Peer Review process to assist you with your individual project. This participation will then allow you to submit a draft of your project for review by two of your peers. This draft, which has to be uploaded to an on-line peer review site, is then considered as a fifth submission. In this case, we will add together the highest three results of your five submissions to calculate your mark out of 12%
    Formative or Summative: Both
    Relates to objectives: 1, 2, 3, & 4
    Weight: 20
    Internal or external: Internal
    Group or individual: Group
    Due date: Weeks 3 - 13
    Assessment name: Individual Project
    Description: This project of 1500 (+/- 10%) words involves an individual assignment task which will be based on a range of Harvard cases and readings. This project focuses on a comparative analysis of the key international accounting issues of: the impact of international accounting patterns, culture and development on national, financial accounting policies and practices; corporate strategy and governance practices and the control of global operations; international accounting standards and their global convergence; and currently controversial international business issues related to international auditing and taxation of global corporations Important Note: Participating in the weekly presentation cases and debates in the tutorials will greatly assist you with your preparation for this assessment task.
    Formative or Summative: Both
    Relates to objectives: 1, 2, 3, & 5
    Weight: 30
    Internal or external: Internal
    Group or individual: Individual
    Due date: Week 10

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.