This course covers advanced financial reporting issues and accounting methods for company accounting.   Masters students will learn how to prepare, read, analyze and evaluate the consolidated financial statements based on the guidelines provided under the relevant Accounting Standards.

This course introduces students to special topics relating to Financial reporting with emphasis on recognition and measurement of assets and liabilities. It focuses on the analysis of a range of contemporary accounting issues within theoretical frameworks such as agency theory and from the perspective of the conceptual framework used in setting accounting standards. This course comprehensively covers numerous International Financial Reporting standards relevant to reporting problems in particular industries (such as the natural resource and agriculture), in particular contexts (such as economies with high inflation and multinational enterprises with diverse operations), and with particular types of assets and liabilities (such as self generating and regenerating assets and complex financial instruments). In addition, the expanded disclosure is reviewed along with various proposals for strengthening external financial reporting.