Advanced Financial Accounting
Module code: MN3142
Financial reporting is rapidly adopting an international perspective and knowledge of international accounting standards is vital. This module is firmly grounded in international generally accepted accounting principles and also critically evaluates how social, political and legal systems affect national accounting practices.
Most multi-nationals are multi company entities and debates about the value and appropriateness of different ways of accounting for business combinations continueunabated in a business world often obsessed with mergers and acquisitions.
A significant part of the module is therefore concerned with the theory and practice of consolidated financial statements. The remainder then considers some of the most important and contentious international accounting standards such as financial instruments and pensions.
- 10 two-hour lectures
- 8 one-hour seminars
- 122 hours of guided independent study
- Exam, 2 hours (100%)