Financial Accounting Theory

Description

These notes cover topics 1 to 7 which are the topics covered in the in class tests which make up 40% of the overall mark. The in class tests have a strong emphasis on theories, which can be assisted by these notes as it is an open book exam. These notes can assist for the remaining assessments as they have a focus on these topics, in addition those assessments are assignments meaning they too are open book. Topics Covered: Topic 1: Introduction to accounting theory Topic 2: Financial reporting, environmental and regulation of financial reporting Topic 3: International accounting Topic 4: Positive accounting theory Topic 5: Normative accounting theories - The conceptual framework Topic 6: Unregulated corporate reporting decisions - systems orientated theories Topic 7: Extending corporate accountability - social and environmental accounting