Accounting Studies in Capital Markets ACCT 521

The extent to which accounting theories provide a basis for determining the content of external financial reports and resolving accounting controversies. The subject will provide students with the opportunity to further develop skills of analysis, evaluation and synthesis in the areas of financial accounting and reporting. Topics covered in this unit include Introduction to financial accounting theories and issues in financial reporting; corporate governance and social and environmental reporting; introduction to capital market research and accounting; value relevance studies; international accounting; corporate failure; earnings management and earnings quality.