ACC396 Developments in Ethics Governance and Accounting Thought (8)

In this subject students examine, through the lens of ethics and governance, the developments in accounting theory and professional standards. Using prior research the subject provides insight into  the search for a conceptual framework, the evaluation and comparison of various accounting models and discussion of contemporary management accounting and financial reporting issues.

No offerings have been identified for this subject in 2021.

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

Not available to students who have completed ACC341.


ACC293 and ACC294

Subject Relationships

ACC341 Overlapping content.

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 discuss and critically reflect on the role of ethics, professionalism and corporate governance and the underpinning theories to support the role of accounting as a profession;
  • be able to compare and contrast the diverse perspectives which can be used to explain the development of accounting and the accounting profession including the impact of social change on accounting and vice versa;
  • be able to critically appraise the objectives of accounting and relate them to the various concepts of accounting discussed in earlier subjects including attempts to develop and apply a conceptual framework; and
  • be able to critically evaluate selected current financial reporting and management accounting issues.


This subject will cover the following topics:
  • Ethics, governance and the professional accountant in society
  • Value judgement and the role of theory in the accounting profession
  • The history of accounting and the role of professional judgement
  • Normative accounting theories
  • Accounting regulation and politics
  • The standard setting process
  • International accounting
  • Positive accounting theory
  • Critical perspective in accounting
  • Management Accounting
  • Environmental accounting

The information contained in the CSU Handbook was accurate at the date of publication: May 2021. The University reserves the right to vary the information at any time without notice.