Accounting Theory (4 Credits)

Learning Outcomes:

Describe the role and purpose of accounting theory as it served from time to time; Define theories and approaches used in accounting theory and describe how the theories were constructed; Explain the underlying theoretical concept behind accounting practices; Describe positive accounting theory, capital market, and behavioural research approach used in accounting research and study; Analyze contemporary issues in accounting within the theoretical framework

Topics:

1. Introduction to Course and Accounting Theory
2. Applying Theory to Accounting Regulation
3. Conceptual Framework for Financial Reporting
4. Measurement Theory and Accounting Measurement System (Part I)
5. Measurement Theory and Accounting Measurement System (Part II)
6. Assets; Liabilities and Owners Equity
7. Revenue
8. Expense
9. Positive Theory of Accounting Policy and Disclosure
10. Capital Market Research
11. Behavioural Research in Accounting
12. Emerging Issues in Accounting and Auditing