ACCT B8007 - Corporate Reporting and Accountability

Module Details

Module Code: ACCT B8007
Full Title: Corporate Reporting and Accountability
Valid From:: Semester 1 - 2019/20 ( June 2019 )
Language of Instruction:English
Duration: 2 Semesters
Credits:: 10
Module Owner:: Pat O Neill
Departments: Unknown
Module Description: no description provided
 
Module Learning Outcome
On successful completion of this module the learner will be able to:
# Module Learning Outcome Description
MLO1 discuss the contents of an enterprise annual report and suggest modifications and improvements
MLO2 appraise and apply specified accounting concepts and theories to practical financial accounting situations
MLO3 prepare consolidated balance sheets, income statements and statements of changes in equity in accordance with generally accepted international accounting practice,
MLO4 evaluate the performance of an entity based on its financial statements and discuss the limitations of such analysis
MLO5 discuss alternative accounting conventions and models, and prepare a simple set of financial statements under a current value convention.
MLO6 assess and discuss the need for sound corporate governance in organisations and appreciate the factors governing the regulation and performance measurement of not for profit entities
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named DkIT module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
 
Module Indicative Content
Accounting for Business Combinations: statutory requirements. Alternative methods IAS 27. IFRS 3, IAS 28
n/a
Preparation of Consolidated Balance Sheets (including associates) Full consolidation, proportional consolidation and equity accounting
n/a
Corporate Reporting
o Perusal of Public Company Annual Reports o Contents of annual reports. Other reports. Regulation. Alternative methods of dissemination of corporate information.
Corporate Governance
n/a
Earnings per Share - IAS 33
n/a
Advanced Cash Flow Statements IAS 7
n/a
Interpretation and Report Writing
n/a
Selected recent Accounting Standards Board pronouncements as deemed appropriate
n/a
Introduction to Social and Environmental Accounting
n/a
Preparation of Consolidated Income Statements and Balance Sheets
IFRS 3 & IAS 27
Accounting for Associated Undertakings
IAS 28 & 31
Financial Assets and Financial Liabilities
IAS 32 & 39 IFRS 7 Presentation and Disclosure. Measurement
Income and Capital. Capital Maintenance. Valuation Criteria. Alternative accounting conventions.
n/a
Specialised and not-for-profit and public entities
n/a
Module Assessment
Assessment Breakdown%
Course Work20.00%
Final Examination80.00%
Module Special Regulation
 

Assessments

Full-time

Course Work
Assessment Type Essay % of Total Mark 10
Marks Out Of 0 Pass Mark 0
Timing S1 Week 11 Learning Outcome 1,5,6
Duration in minutes 0
Assessment Description
Groups will undertake 1 essay and/or 1 debates per semester on topics of current accounting and economic interest
Assessment Type Other % of Total Mark 10
Marks Out Of 0 Pass Mark 0
Timing S2 Week 26 Learning Outcome 1,5,6
Duration in minutes 0
Assessment Description
Groups will undertake 1 essay and/or 1 debates per semester on topics of current accounting and economic interest
No Project
No Practical
Final Examination
Assessment Type Formal Exam % of Total Mark 80
Marks Out Of 0 Pass Mark 0
Timing End-of-Semester Learning Outcome 1,2,3,4,5,6
Duration in minutes 0
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
A repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

DKIT reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full-time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 4.00 4
Independent Study Non Contact No Description Once per semester 4.00 60
Directed Reading Non Contact No Description Once per semester 1.00 15
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 4.00
Workload: Part-time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 2.00 2
Directed Reading Non Contact No Description Every Week 1.00 1
Independent Study Non Contact No Description Every Week 6.00 6
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • ACCA. ACCA Paper F7 Financial Reporting (International) ISBN: Current, 2017. BPP Learning Media, [ISBN: 978-150970853].
  • Connolly, C. (2018), International Financial Accounting and Reporting, 6. Chartered Accountants Ireland, [ISBN: 978-1-912350-].
  • Mahony, P and MacLochlainn N. (2017), Consolidated Financial Statements, 3. Chartered Accountants Ireland, [ISBN: 978-1-910374].
Supplementary Book Resources
  • O’Regan, Philip. (2015), Financial Information Analysis 2nd Ed 2006, 3. Routledge, [ISBN: 978-041569585].
  • Elliott, Barry, and Elliott, Jamie. (2017), Advanced Financial Accounting,, 18. Pearson, [ISBN: 978-129216240].
Recommended Article/Paper Resources
  • Relevant accounting Financial Reporting Standards.
  • Professional Institute Accounting Journals.
  • Accounting Press. Company Annual Reports.
This module does not have any other resources