CO5123 - Advanced Issues in Accounting

Credit points:	03
Year:	2011
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 critically examines current issues in financial accounting with respect to measurement and reporting. Academics and other accounting researchers and professionals try to resolve current financial accounting issues both nationally and internationally and develop new techniques and understandings in order to improve practice. Controversial issues in financial accounting that have been debated over the years will be critically evaluated in CO5123. This subject is designed to provide a foundation for students to understand and participate in debates on important issues in financial accounting as well as gain a good comprehension of the accounting treatment and reporting of various issues.

Learning Outcomes

• provide a foundation for students to understand and participate in debate on important issues in financial accounting;
• enable students to develop skills which allow critical examination of important contemporary financial accounting issues;
• build and enhance both written and oral communication skills;
• further develop students' analytical skills;
• enable students to acquire knowledge and develop approaches to the treatment and reporting of issues faced by reporting entities.

Graduate Qualities

• The ability to appraise information critically;
• The ability to use independent judgment to synthesise information to make intellectual and/or creative advances;
• The ability to think laterally and be original;
• The ability to conceptualise problems;
• The ability to conceptualise and evaluate a range of potential solutions to relevant problems;
• The ability to make constructive contributions to project teams or collegial activities;
• The potential to resolve conflicts.

Prerequisites:	CO5117
Inadmissible Subject Combinations:	CO5104

Availabilities
Townsville, Internal, Study Period 1
Census Date 24-Mar-2011
Coordinator:	Mr David Smorfitt
Lecturer:	Mr Ian Burnett.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
Cairns, Internal, Study Period 1
Census Date 24-Mar-2011
Coord/Lect:	Mr David Smorfitt.
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Brisbane, Internal, Study Period 22
Census Date 11-Aug-2011
Coordinator:	Mr David Smorfitt
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.
JCU Brisbane, Internal, Study Period 21
Census Date 14-Apr-2011
Coordinator:	Mr David Smorfitt
Contact hours:	36 hours lectures - As per Subject Guide
Assessment:	end of semester exam (50%); quizzes or tests (20%); assignments (30%).
Special Assessment Requirements:	Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject.

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.