Examination 50% Weighting

1.5 hours

LO 1,2

Examination 50% Weighting

1.5 hours

LO 3,4

To pass this module student must obtain overall 50% marks.

Pass criteria

Demonstrates ability to systematically describe a specific organisation in terms of management theories and appropriate contemporary practice.
Provides some critical analysis of operational aspects of same organisation Reflects adequately on potential improvements to same organisation is well referenced. In order to pass a module, students need to attain at least a minimum of 40% in all elements of assessment.

Distinction criteria

Evidences a subtle understanding of the position of the organisation in terms of a range of appropriate theory and contemporary practice.
Focuses upon the critical analysis of relevant operational aspects of the organisation, with appropriate contrast with other organisational forms and practice. Provides a well-supported, reasoned and pragmatic set of recommendations. Evidences wide and appropriate reading in the references supplied.

Core Text
ACCA P2 (2013) Complete Text Corporate Reporting (CR) ¿ UK & INT
ACCA Complete Text - F8 - Audit and Assurance by Kaplan Publishing's Content Team (Feb 18, 2013)


Recommended Text
ACCA - P2 Corporate Reporting (International & UK): Study Text by BPP Learning Media (Oct 31, 2012)
Davies, M. and Aston, J., (2010) Auditing fundamentals. Pearson Education
ACCA P2 (2013) Exam Kit Corporate Reporting (CR) - UK & INT
ACCA - F8 Audit and Assurance (International): Revision Kit by BPP Learning Media (Jan 31, 2013)
Kim, K.A. and Nofsinger, J. R. (2006) Corporate Governance, 2nd Edition, Prentice Hall, ISBN-10: 0131735349

Journal
Corporate Communications: An International Journal.
Journal of Accounting and Public Policy
Journal of Accounting and Economics
Accounting and Business magazine
Tax Journal

Website
www.cecp.co/

The VLE (NETED)
The Internet
Word Processing software for use in the coursework
Spreadsheet software like EXCEL/SPSS
Printed and electronic journals.
West Law
LexisNexis

The learning strategy for the module requires students to commit 300 learning hours, of this there will be 75 hours of class support and 225 hours of independent and self directed study.

The lectures will be interactive with student participation in discussion about corporate reporting, audit and assurance; students will consider companies through an analysis of the key characteristics of the corporation which are common to limited and public companies. Students will be allocated to small groups for various activities and workshop sessions. Tutorials are used to ensure that students understand the material and its relevance to the programme. Within the module, students will undertake individual presentations. These will be used to highlight understanding of module content, planning and implementation of ideas and innovations, self assessment and reflection, peer/tutor discussion and review.

For each topic, students will engage in preparation and reading prior to each seminar. Students will be asked to share their reading of the topic through discussion with their peer group, present their findings to the seminar group and provide feedback to other students.

Topics

Corporate Reporting
- Professional and ethical duties of the accountant
- Financial reporting framework
- Reporting the financial performance of entities
- Financial statements of groups of entities
- Specialised entities
- Implications of changes in accounting regulation on financial reporting
- Appraisal of financial performance and position of entities
- Current developments
Audit Assurance
- Regulatory Environment
- Professional and Ethical Considerations
- Practice Management
- Audit of historical financial information
- Other assignments
- Reporting
- Current Issues and Developments