CO5123 - Advanced Issues in Accounting

Credit points:	03
Year:	2010
Student Contribution Band:	Band 3
Administered by:	School of Business

This subject is particularly useful for students enrolled in the Graduate Certificate of Accounting, Graduate Diploma in Accounting, Master of Professional Accounting, Master of Professional Accounting/Master of Business Administration or Master of Professional Accounting Advanced but would be of value to other postgraduate students.

This subject will assist students in developing their knowledge and understanding of the theoretical underpinning of accounting choices and will address contemporary issues facing the accounting profession.

Learning Outcomes

• develop a sound understanding of key theories in accounting such as positive accounting theory;
• appreciate the impact of social and political institutions on accounting choice;
• understand how to account for intangible assets and the major issues relating to dealing with this asset class;
• demonstrate the application and reasoning of accounting for financial instruments;
• learn how to deal with the impact of employee benefits and superannuation in a company's financial statements.

Graduate Qualities

• An understanding of the economic, legal, ethical, social and cultural issues involved in the use of information;
• The ability to select and organise information and to communicate it accurately, cogently, coherently, creatively and ethically;
• The acquisition of coherent and disciplined sets of skills, knowledge, values and professional ethics from at least one discipline area;
• The ability to read complex and demanding texts accurately, critically and insightfully;
• The ability to generate, calculate, interpret and communicate numerical information in ways appropriate to a given discipline or discourse;
• The ability to select and use appropriate tools and technologies.

Prerequisites:	CO5117
Inadmissible Subject Combinations:	CO5104

Availabilities
Townsville, Internal, Study Period 1
Census Date 25-Mar-2010
Coordinator:	Mr David Smorfitt
Lecturer:	Ms Michelle Warrington.
Contact hours:	39 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); other exams (25%); assignments (25%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% or greater for all invigilated assessment.
Cairns, Internal, Study Period 1
Census Date 25-Mar-2010
Coord/Lect:	Mr David Smorfitt.
Contact hours:	39 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); other exams (25%); assignments (25%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% or greater for all invigilated assessment.
JCU Brisbane, Internal, Study Period 22
Census Date 12-Aug-2010
Coordinator:	Mr David Smorfitt
Contact hours:	40 hours lectures - Consisting of 30 hrs lectures and 10 hrs of lecturer directed activities.
Assessment:	end of semester exam (50%); other exams (25%); assignments (25%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% or greater for all invigilated assessment.
JCU Brisbane, Internal, Study Period 21
Census Date 15-Apr-2010
Coordinator:	Mr David Smorfitt
Contact hours:	40 hours lectures - Consisting of 30 hrs lectures and 10 hrs of lecturer directed activities.
Assessment:	end of semester exam (50%); other exams (25%); assignments (25%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% or greater for all invigilated and non-invigilated assessment.
JCU Brisbane, Internal, Study Period 23
Census Date 09-Dec-2010
Coordinator:	Mr David Smorfitt
Contact hours:	40 hours lectures - Consisting of 30 hrs lectures and 10 hrs of lecturer directed activities.
Assessment:	end of semester exam (50%); other exams (25%); assignments (25%).
Special Assessment Requirements:	Each student must achieve an overall total of 50% or greater for all invigilated assessment.

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.