BE150-7-AU-CO:
Issues in Financial Reporting
2023/24
Essex Business School
Colchester Campus
Autumn
Postgraduate: Level 7
Current
Thursday 05 October 2023
Friday 15 December 2023
20
20 June 2023
Requisites for this module
(none)
(none)
(none)
(none)
(none)
MRESN40212 Accounting,
MRESN40224 Accounting,
MSC N40012 Professional Accounting,
MSC N40024 Professional Accounting,
MSC N42012 Accounting and Finance,
MPHDN40048 Accounting,
PHD N40048 Accounting,
MACCN440 Accounting and Finance,
MACCN441 Accounting and Finance (Including Placement Year),
MACCN442 Accounting and Finance (Including Year Abroad)
This module aims to develop an awareness of the literature relating to financial reporting theory; the problematic nature of accounting measurements and disclosures; corporate disclosure regulation; the market valuation implications of financial reporting; issues concerned with the reporting of assets/liabilities and the potential role of accounting information in social reporting and distribution of income. The role of financial statements for markets, management and other stakeholders will be critically evaluated.
The aim of this module is help students achieve and demonstrate a critical understanding of major current issues in financial accounting and reporting.
By the end of this module, students will be expected to be able to:
- Explain the reasons for competing perspectives on the role and nature of financial accounting and reporting.
- Appreciate the significance of accounting in shaping social relations.
- Appreciate the usefulness and limitation of theories informing financial reporting practice and research.
- Assess the usefulness and limitations of empirical studies which attempt to determine the factors which influence accounting policy choice.
- Explain the nature of and need for the regulation of accounting information.
- Evaluate the usefulness of accounting and financial information to a variety of stakeholders and society.
Skills for Your Professional Life (Transferable Skills).
- Improve your written communication skills by writing essays.
- Improve your oral communication skills by engaging in class discussions and delivering oral presentations.
- Improve teamwork collaboration by preparing class presentations.
No additional information available.
This module will be delivered via:
- One 2-hour session per week, This is a ten week module. usually be split into the lecture and seminar/class.
Classes are a mix of open class discussions, discussions of academic papers. All students are expected to come prepared.
The above list is indicative of the essential reading for the course.
The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students.
Further reading can be obtained from this module's
reading list.
Assessment items, weightings and deadlines
| Coursework / exam |
Description |
Deadline |
Coursework weighting |
| Coursework |
2,500 word essay |
|
100% |
| Exam |
Main exam: In-Person, Closed Book, 120 minutes during Summer (Main Period)
|
| Exam |
Reassessment Main exam: In-Person, Closed Book, 120 minutes during September (Reassessment Period)
|
Exam format definitions
- Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
- In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
- In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
- In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary,
for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.
Your department will provide further guidance before your exams.
Overall assessment
Reassessment
Module supervisor and teaching staff
Dr John Malagila, email: j.k.malagila@essex.ac.uk.
Dr John Malagila & Prof Henry Agyei-Boapeah
ebspgtad@essex.ac.uk; j.k.malagila@essex.ac.uk
No
No
Yes
Available via Moodle
Of 20 hours, 20 (100%) hours available to students:
0 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s), module, or event type.
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be necessary to make changes, for example to programmes, modules, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements,
industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to modules may for example consist
of variations to the content and method of delivery or assessment of modules and other services, to discontinue modules and other services and to merge or combine modules.
The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications and module directory.
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