ACC341 Accounting Theory (8)


Drawing on prior knowledge of accounting, ACC341 is designed to examine accounting theory in the global economy. This subject covers the nature and function of theories and their application to accounting; a historical examination of accounting and its development to its present as interpreted from different perspectives; and an examination of the application of theoretical perspectives to particular issues in accounting such as financial accounting, professionalism, environmental accounting and behaviour. Throughout the subject, students are encouraged to consider ethical dimensions of the theories applied within the discipline of accounting.

+ Subject Availability Modes and Location

Session 1
InternalCSU Study Centre Melbourne
InternalCSU Study Centre Sydney
DistanceBathurst Campus
Session 2
InternalAlbury-Wodonga Campus
InternalBathurst Campus
InternalPort Macquarie
InternalWagga Wagga Campus
DistanceBathurst Campus
Session 3
DistanceBathurst Campus
Continuing students should consult the SAL for current offering details: ACC341
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration Grading System School:
One sessionHD/FLSchool of Accounting and Finance

Assumed Knowledge

ACC222 External Reporting and ACC210 Management Accounting

Enrolment restrictions

Students who have successfully completed RMBU2640 and RMBU3644 (old Orange Campus subjects) are eligible to enrol as they have met the pre requisite requirements.

Not available to students who have completed ACC340.
Not available to students who have completed ACC383
Incompatible subject(s)

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to explain the role of theory in the nature and development of accounting as a discipline;
  • be able to describe and apply the process of theory development;
  • be able to evaluate ethical implications of theory in relation to current practice;
  • be able to compare and contrast the diverse perspectives which can be used to explain the development of accounting theory including the impact of social change on accounting and vice versa;
  • be able to deconstruct specific accounting issues that have been the subject of theoretical analysis; and
  • be able to engage in the accounting discourse including critical analysis of the various theoretical approaches applied within the accounting discipline.


The subject will cover the following topics:
  • the history of accounting;
  • the nature, construction and verification of theories;
  • prescriptive, explanatory and predictive theories of accounting;
  • accounting regulation and politics;
  • alternative theoretical perspectives;
  • critical perspectives of Accounting;
  • social and environmental accounting;
  • culture and international accounting; and
  • ethics and professionalism in accounting.


The information contained in the 2016 CSU Handbook was accurate at the date of publication: 06 September 2016. The University reserves the right to vary the information at any time without notice.