This subject begins with an introduction to the sources of international financial reporting regulation and an overview of the conceptual framework, both crucial to informing the global debate regarding financial reporting standard formulation and application. The remainder of the subject applies selected financial reporting standards to specific real world business issues including the raising of capital, impairment of assets and management of long-term construction contracts. Students will gain an appreciation of the dynamic and contested arena of financial reporting standard setting. This subject is the first of two with an exclusive focus on financial accounting.
School of Accounting and Finance
Not available to students who have completed ACC321, ACC220, ACC282 or RMBU2649. Completion of RMBU1645 satisfies the prerequisite for this subject. RMBU2649 and RMBU1645 are previous University of Sydney Orange Campus subjects.
ACC282 Similar subject content.
ACC321 Similar subject content.
ACC220 Similar subject content.
ACC220, ACC282, ACC321
The information contained in the CSU Handbook was accurate at the date of publication: January 2020. The University reserves the right to vary the information at any time without notice.