| Unit name | Advanced Financial Reporting |
|---|---|
| Unit code | EFIM30033 |
| Credit points | 20 |
| Level of study | H/6 |
| Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
| Unit director | Mrs. Sam Bell |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
EFIM20007 Financial Accounting |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Accounting and Finance - Business School |
| Faculty | Faculty of Social Sciences and Law |
This unit builds on material covered in Financial Accounting by examining a number of more advanced standards and adopting a critical view of financial reporting. We will re-examine the IASB Conceptual Framework and consider whether both the Framework and IFRS-based financial reporting are fit for purpose which will engage us in reviewing developments in this area such as sustainability reporting. We examine a number of advanced accounting issues such as revenue, deferred tax, employee benefits and financial instruments. We build on the group accounting methods covered in Financial Accounting to cover more advanced areas of consolidated financial statements such as disposals and piecemeal acquisitions.
On successful completion the students will be able to:
Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities
Formative assessment will include tasks related to the coursework essay preparation and feedback on tasks set for tutorials and exercise lectures.
Summative Assessment:
Any re-assessment required will be a like for like assessment
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIM30033).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
