University of Newcastle
Area of Study
Taught In English
This course replaces ACFI3010 and ACFI3030.
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.
Host University Units10
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4 - 6
Hours & Credits
OverviewTheory defines practice; its success depends upon its value to the user. Various issues associated with the formulation of accounting theory are investigated. General parameters established by reference to alternate organisational structures and theories are used to evaluate the requirements of accounting in major managerial activities. Self directed learning and critical thinking skills are emphasised as essential professional attributes.LEARNING OUTCOMES1. Demonstrate a descriptive understanding of achievements within the discipline of financial accounting with reference to various processes and theories.2. Assess the implications for accounting of alternate approaches to decision making and alternative concepts of organization.3. Critically examine the role of accounting information from a strategic perspective.4. Work independently or collaboratively to communicate professional knowledge and experience in both written and verbal formats.5. Make reasoned ethical judgements relating to their professional knowledge and accounting research.6. Evaluate different accounting paradigms and outcomes to inform and direct personal learning.7. Construct a research proposal and conduct an investigative project producing outcomes which meet academic standards.CONTENTLectures may include, but not be restricted to, the following topics:Accounting TheoryAccounting ResearchEthics relating to research and professionsThe accounting environmentNormative researchEmpirical researchAlternative approachesEvaluation
Courses and course hours of instruction are subject to change.
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.