Accounting Thought and Ethics - 2017

To enrol in this unit, you must be accepted into a course from the provider. Read before you start

Unit summary


  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: Yes
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2017: Sess 1
  • Availability for 2018: Sess 1
  • Assessment: Case Study - Individual Case Study (30%) , Invigilated Exam - Final Exam (50%) - Learn more

Unit provided by

2017 Fees
Domestic 3,000.00
International 3,250.00

Please note: This unit was previously titled Contemporary Accounting Thought.

The purpose of this unit is to introduce you to the context of theoretical and empirical underpinning of financial accounting and professional ethics in accounting. The unit links theory to research and practice.

The behaviour of those responsible for preparing financial accounting information and those who use this information are interpreted through application of different accounting theories. As such, it addresses the 'why' question in financial accounting rather than the 'how'. Further, moral dimensions and ethical aspects of professionals in financial services are reasoned through the lenses of various theories and principles. This reinforces the role of financial service professionals in the competitive and complex business environment and their significance to the society. A number of contemporary accounting and ethical issues are examined to illustrate these ideas.

Upon successful completion of this unit you will be able to:

  1. Describe, explain, analyse and critically evaluate the past and recent major developments in accounting theories, accounting practices and ethical issues
  2. Research, explain and justify the applications of relevant theories into complex 'real world' cases to solve accounting and business ethics related issues, to both accountant and non-accountant audiences
  3. Communicate ideas and arguments clearly, logically and concisely, both verbally and in writing
  4. Assess the role of accounting in society, and demonstrate a high level of accountability frameworks embraced in the unit
  5. Appreciate the principles employed by standard-setting bodies in the development of accounting standards, and appraise selected controversial accounting standards.
  • Case Study — Individual Case Study (30%)
  • Invigilated Exam — Final Exam (50%)
  • Report — Individual Written Report (20%)
For more information on invigilated exams see Exams and results

Recommended prerequisites

You are recommended to have completed the following unit(s) or have equivalent knowledge before starting this unit:

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

A week-by-week guide to the topics you will explore in this unit will be provided in your study materials.

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Online assignment submission
  • Web links

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.

Click on the titles of the listed books below to find out more:

Required textbooks

  • Principles of Ethics and Corporate Governance in

    By:Dellaportas, Steven

    ISBN: 9780071012393


    Supplier:Go to The Co-op Bookshop

  • Enquire online

    Need to ask a question that's best put down in words?
    Make an online enquiry.

    Enquire now

    Ready to enrol?

    Start studying this unit now.


    Got a question?

    Get an answer from one of our friendly Student Advisors.