Learning Outcomes

On completion of this course, the student will be able to:

  1. Understand and critically evaluate how theory underpins accounting regulation.
  2. Critically evaluate fair value as an alternative to the traditional historic cost model.
  3. Question and challenge practices and ideas in specific accounting standards and specialist sectors, and to recognise the context within which financial reporting operates.
  4. Discuss the factors which impact on accounting and those on which accounting impacts, by reference to current issues in financial accounting.