Lectures - communication of knowledge and ideas from the lecturer to the student.
Problem Solving Exercises - student will work as part of a team and will work together to resolve various accounting scenarios.
Class Discussion/Debate - Students will be encouraged to actively participate in the class sessions which will develop their analytical and communication skills.
E-Learning - It is envisaged that the module will be supported with on-line learning materials.
Self-Direct Independent Learning - the emphasis on independent learning will develop a strong and autonomous work and learning practices.
Module Aim:
This module is designed to equip students with a knowledge of specialised accounting topics together with an ability to react to current developments and new practice. Students will also gain an appreciation of the professional regulatory and ethical framework.
The depth and breadth of module content and assessment are designed to gain maximum exemptions from professional accountancy bodies, appropriate to an Honours Accounting programme.
Learning Outcomes
On successful completion of this module the learner should be able to:
LO1
Evaluate, apply and discuss the requirements of specified Accounting Standards
LO2
Show an appreciation of the ethical dimension of the accountant's role
LO3
Discuss and evaluate contemporary developments in financial and non-financial reporting
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is recommended before enrolment in this module.
No recommendations listed
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed.
No requirements listed
Module Content & Assessment
Indicative Content
Accounting for Specialised Areas
Non-Current Assets Held for Sale and Discontinued Activities (IFRS 5);
Operating Segments (IFRS 8);
Revenue from Contracts with Customers (IFRS 15);
Employee Benefits (IAS 19);
Income Taxes (IAS 12) (Deferred Tax);
Share Based Payments (IFRS 2);
Financial Instruments (IAS 32, IFRSs 7 and 9);
The effect of changes in Foreign Exchange Rates (IAS 21);
Key differences between examinable IFRS and local GAAP FRS 102.
Developments in Financial Reporting
Professional ethics, independence and codes of conduct for the accounting profession;
Review of emerging and contemporary developments in financial and non-financial reporting.
Assessment Breakdown
%
Continuous Assessment
20.00%
End of Module Formal Examination
80.00%
Continuous Assessment
Assessment Type
Assessment Description
Outcome addressed
% of total
Assessment Date
Examination
In-Class written assessment including numerical and/or theoretical questions
1
20.00
Week 8
No Project
No Practical
End of Module Formal Examination
Assessment Type
Assessment Description
Outcome addressed
% of total
Assessment Date
Formal Exam
End-of-Semester Final Examination
1,2,3
80.00
End-of-Semester
SETU Carlow Campus reserves the right to alter the nature and timings of assessment