An examination 3 hours weighted at 100% (Covering all LOs)

Against a background of dramatic changes and controversies in the international financial reporting environment, this module aims to develop students' conceptual understanding of international financial reporting issues and their knowledge of the problems and proposed solutions. Key areas covered are the international environment of financial reporting; international harmonisation of accounting standards; contemporary issues in international financial reporting; and social and environmental reporting.

When studied as part of MSc International Accounting and Financial Management, the successful completion of this module may lead to an exemption from equivalent units in ACCA examinations. For up to date information on accreditation and exemptions please contact the Award leader.

1. CRITICALLY EVALUATE THE UNITED KINGDOM AND INTERNATIONAL FINANCIAL REPORTING FRAMEWORK
Analysis
Knowledge & Understanding
Learning

2. PREPARE CONSOLIDATED FINANCIAL STATEMENTS OF GROUP OF ENTITIES IN ACCORDANCE WITH RELEVANT INTERNATIONAL ACCOUNTING STANDARDS
Application
Communication
Knowledge & Understanding
Learning

3. CRITICALLY EVALUATE THE IMPLICATIONS OF CHANGES IN ACCOUNTING REGULATIONS ON FINANCIAL REPORTING
Knowledge & Understanding
Learning
Reflection

The learning strategy for the module requires students to commit 150 learning hours (including assessment) of this there will be 36 hours of class support and 114 hours of independent and self directed study.
The lecture/tutorial pattern may vary with some activities taking place in medium size group workshops.

18 hours of tutor lead sessions
18 hours of student centred learning sessions

There will be lectures to deliver the core material, as well as smaller group sessions, including problem solving, discussion and workshop type delivery. Students will be expected to complete the exercises and directed learning in the independent learning time.
Tutor led sessions will introduce key current developments in the area of corporate reporting. Tutorials/ workshop sessions will be case study/ academic literature review based which will facilitate understanding of the theoretical concepts.

Module study guide
The University Library and Learning Resources - books and academic journals
The module VLE
Electronic data bases
Learning support materials
Internet

FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY

Alexander, D. Britton, A. and Jorrisen, A. (2011) International Financial Reporting and Analysis, Fifth Edition, Cengage LearningEMEA.
BPP Publications. (2012) Corporate Reporting: Study Text.
Revsine, L., Collin, D. and Johnson, W. B. (2008) Financial Reporting Analysis, Pearson Higher Education.