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.


Session 1 (30)
On Campus
CSU Study Centre Melbourne
CSU Study Centre Sydney
Bathurst Campus
Session 2 (60)
On Campus
Albury-Wodonga Campus
Bathurst Campus
Port Macquarie Campus
Wagga Wagga Campus
Bathurst Campus
Session 3 (90)
Bathurst 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

Grading System



One session


School of Accounting and Finance

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

Assumed Knowledge

ACC222 External Reporting and ACC210 Management Accounting

Incompatible Subjects


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.


This 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.

Indicative Assessment

The following table summarises the assessment tasks for the online offering of ACC341 in Session 2 2019. Please note this is a guide only. Assessment tasks are regularly updated and can also differ to suit the mode of study (online or on campus).

Item Number
Value %
Task 1 - topics 1 & 2
Task 2 - analysing current issues in accounting
Final exam

The information contained in the CSU Handbook was accurate at the date of publication: October 2020. The University reserves the right to vary the information at any time without notice.