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Unit information: Global problems and scandals in Accounting & Auditing in 2021/22

Unit name Global problems and scandals in Accounting & Auditing
Unit code EFIM30065
Credit points 20
Level of study H/6
Teaching block(s) Teaching Block 1 (weeks 1 - 12)
Unit director Dr. Uche
Open unit status Not open

One of the following accounting options: Financial Accounting [EFIM20007], or Management Accounting [ACCG20011], or Taxation [EFIM20012] or Finance options: Principles of finance [EFIM20044], or Strategic Finance [EFIM20024]



School/department School of Accounting and Finance
Faculty Faculty of Social Sciences and Law

Description including Unit Aims

This unit broadly considers contemporary accounting and auditing issues that are of a global nature. Specifically, it explores problems and scandals that happen globally in an organisational context and the implications for society. This unit examines how problems and scandals occur, causes, and consequences using technical, psychological, sociological, and critical perspectives. Corporate scandals tend to be associated with, for example, fraud, money laundering, bribery, crime, or creative accounting. Problems can be categorised into financial and social problems. Financial and social problems are exemplified in cases of financial distress and business extortion respectively. Why do these problems and scandals persist in society? Students on the unit would be expected to examine different problems and scandals that occur in organisational contexts using case studies that build on theory, research, and practice. Indicative content which may be subject to change include corporate scandals (e.g financial, auditing and product-safety scandals), psychology of fraud, forensic accounting, insolvency processes associated with financial distress, risk management, financial and corporate crime.

Intended Learning Outcomes

On completion of the course, students should be able to:

1. Critically evaluate the causes and consequences of problems and scandals associated with organisational and professional practice.
2. Synthesise and appraise the arguments on the roles of accounting, accountants, managers, organisations, and accounting firms in addressing previously outlined problems and scandals.
3. Critically evaluate the policies, procedures, and models that are intended for use in identifying, preventing, or managing the previously outlined problems and scandals as well as the implications for organisational and professional practice.

Teaching Information

Teaching will be delivered through a combination of lecturers, exercise lectures and small group classes.

Assessment Information

This unit will be assessed by 100% coursework:
Summative assessment 1 [20%]: 1,000 words individual essay covering ILOs 1, 2 &3.
Summative assessment 2 [80%]: 2,500 words individual essay covering ILOs 1,2, & 3.


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. EFIM30065).

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 Faculty workload statement relating to this unit for more information.

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. If you have self-certificated your absence from an assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates within the Regulations and Code of Practice for Taught Programmes.