Contemporary Issues in Accounting - 2016

This page is for past year, View 2017 unit details.

Unit summary


  • Level of Study: Undergraduate Level 3
  • Study load: 0.125 EFTSL
  • Delivery method: Web Dependent
  • Prerequisites: Yes
  • Duration: 13 weeks
  • Government loans available: FEE-HELP, HECS-HELP
  • Availability for 2016: SP2 , SP4
  • Assessment: Assignments - continuous assessment (15%) , Case Study - 1000 words (35%) - Learn more

Unit provided by

2016 Fees
Domestic 1,305.00
HECS 1,305.00
International 1,555.00

The aim of this unit is to extend your knowledge and understanding of financial accounting theory and the difficulties of formulating accounting theories.

At the completion of this unit students will be able to:

  1. demonstrate an understanding of the role of the practising accountant and their professional societies in the development of accounting principles
  2. demonstrate an understanding of dominant approaches in accounting research
  3. appraise the theoretical validity and practical feasibility of proposed solutions for the reform of accounting principles
  4. apply the main features of accounting reforms.
  • Assignments — continuous assessment (15%)
  • Case Study — 1000 words (35%)
  • Invigilated Exam — 3 hours (50%)
For more information on invigilated exams see Exams and results

Students should have completed 16 OUA units of study from the University of South Australia's Bachelor of Accounting prior to attempting this unit.

  • Broadband access
  • Other special requirement — Students will require Windows Vista, Windows 7 or higher. UniSA does not support Windows XP.

This unit addresses the following topics.

1The financial reporting environment
2Regulation: Standard setting and the effects of IFRS
3Measurement Issues 1: Valuation in changing prices and market conditions
4Measurement Issues 2: Conceptual Framework
5Measurement Issues 3: Accounting policy choice
6Unregulated decision-making
7Measurement and recognition issues in practice 1: Accounting for agriculture
8Measurement and recognition issues in practice 2: Accounting for mining
9Measurement and recognition issues in practice 3: Accounting for financial instruments
10Market and behavioural reactions to financial reporting

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Online assignment submission

Online materials

  • Printable format materials
  • Resources and 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

  • CUST Contemporary Issues in Accounting

    By:Deegan & Tingey-Holyoak

    ISBN: 9781308536132


    Supplier:Go to The Co-op Bookshop

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