Module Details

Module Code: ACCT C3309
Module Title: Advanced Financial Reporting 2
Title: Advanced Financial Reporting 2
Module Level:: 8
Credits:: 5
Module Coordinator: Myles Kelly
Module Author:: Susan Brennan
Domains: Business
Module Description: This module is designed to equip students with a knowledge of specialised accounting topics together with an ability to react to current developments and new practice. Students will also gain an appreciation of the professional regulatory and ethical framework.
The depth and breadth of module content and assessment are designed to gain maximum exemptions from professional accountancy bodies, appropriate to an Honours Accounting programme.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Evaluate, apply and discuss the requirements of specified Accounting Standards
LO2 Show an appreciation of the ethical dimension of the accountant's role
LO3 Discuss and evaluate contemporary developments in financial and non-financial reporting
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Additional Requisite Information
No Co Requisites listed
 
Indicative Content
Accounting for Specialised Areas
Non-Current Assets Held for Sale and Discontinued Activities (IFRS 5); Operating Segments (IFRS 8); Revenue from Contracts with Customers (IFRS 15); Employee Benefits (IAS 19); Income Taxes (IAS 12) (Deferred Tax); Share Based Payments (IFRS 2); Financial Instruments (IAS 32, IFRSs 7 and 9); The effect of changes in Foreign Exchange Rates (IAS 21); Key differences between examinable IFRS and local GAAP FRS 102.
Developments in Financial Reporting
Professional ethics, independence and codes of conduct for the accounting profession; Review of emerging and contemporary developments in financial and non-financial reporting.
Module Content & Assessment
Assessment Breakdown%
Continuous Assessment20.00%
End of Module Formal Examination80.00%

Assessments

Full Time

Continuous Assessment
Assessment Type Examination % of Total Mark 20
Timing Week 8 Learning Outcomes 1
Non-marked No
Assessment Description
In-Class written assessment including numerical and/or theoretical questions
No Project
No Practical
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 80
Timing End-of-Semester Learning Outcomes 1,2,3
Non-marked No
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
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.

SETU Carlow Campus reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Class Based Instruction Every Week 3.00 3
Independent Learning Non Contact No Description Every Week 6.00 6
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 1.50 1.5
Independent Learning Time Non Contact No Description Every Week 4.50 4.5
Total Weekly Contact Hours 1.50
 
Module Resources
Recommended Book Resources
  • Alan Melville. (2019), International Financial Reporting, 7th. Pearson, [ISBN: 9781292293127].
Supplementary Book Resources
  • Ciaran Connolly. (2018), International Financial Accounting and Reporting, 6th. Chartered Accountants Ireland, [ISBN: 9781912350025].
  • Barry Elliott and Jamie Elliott. (2019), Financial Accounting and Reporting, 19th. Pearson, [ISBN: 9781292255996].
This module does not have any article/paper resources
Other Resources
Discussion Note: