ACCTN502-21B (HAM)

Advanced Financial Reporting

30 Points

Edit Header Content
Division of Management
School of Accounting, Finance and Economics

Staff

Edit Staff Content

Convenor(s)

Lecturer(s)

Administrator(s)

: maxine.hayward@waikato.ac.nz

Placement/WIL Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: clive.wilkinson@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
  • Extensions starting with 4, 5, 9 or 3 can also be direct dialled:
    • For extensions starting with 4: dial +64 7 838 extension.
    • For extensions starting with 5: dial +64 7 858 extension.
    • For extensions starting with 9: dial +64 7 837 extension.
    • For extensions starting with 3: dial +64 7 2620 + the last 3 digits of the extension e.g. 3123 = +64 7 262 0123.
Edit Staff Content

Paper Description

Edit Paper Description Content

This paper equips students with to appreciate some of the problems involved in preparing general purpose financial reports for external users. It will also enhance an understanding of the different issues facing accountants, preparers and users of general purpose financial reports, as well as enabling students to critically interpret annual reports.

TOPICS:

The topics covered in the paper includes the following:

  1. Presentation of Financial Statement: NZIAS1
  2. Financial Reporting for Specialized Industry: Agriculture: NZIAS 41
  3. Financial Reporting for Specialized Industry: Insurance Contracts: NZIFRS 17
  4. Reporting Underlying Profit and Statutory Profit
  5. Arena Approach to Accounting and Accountability
  6. Incorporating Indigenous Values in Financial Reporting
  7. Integrated Reporting and Financial Reporting.
  8. Creative Accounting

Depending on the number of students enrolled for the paper and available for participation in class discussions and presentations, the topics covered may not include all the above but limited to a few topics.

Edit Paper Description Content

Paper Structure

Edit Paper Structure Content

By exploring controversial issues underlying the presentation of annual reports, the paper aims to provide students with an appreciation of the problems and alternatives involved in compiling and presenting annual financial results. From a theoretical perspective, the paper examines financial reporting techniques in their political, social and economic contexts.

During the paper students will be acquainted with practical and theoretical problems and encouraged to research seminar topics for group discussion. A seminar approach will be used in the paper with all paper participants sharing in the leadership of seminars, which integrate both theoretical and applied knowledge. Class discussion will be encouraged throughout the paper.

The class size will dictate how the class operates and how often it meets.

Edit Paper Structure Content

Learning Outcomes

Edit Learning Outcomes Content

Students who successfully complete the paper should be able to:

  • LO1. Identify the different issues facing accountants, preparers and users of general purpose financial and other reports for external users.
    Linked to the following assessments:
  • LO2. Describe some of the techniques used in preparing general purpose financial and other reports for external users.
    Linked to the following assessments:
  • LO3. Critically interpret general purpose financial and other reports prepared by organisations for external users.
    Linked to the following assessments:
Edit Learning Outcomes Content
Edit Learning Outcomes Content

Assessment

Edit Assessments Content

The Internally assessed components make up 100.00% of the total assessment.


Edit Additional Assessment Information Content

Assessment Components

Edit Assessments Content

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Company Analysis
6 Aug 2021
12:00 PM
20
  • Other: Upload in Moodle
2. Presentation 1
9 Aug 2021
12:00 PM
5
  • Email: Lecturer
3. Literature Review
20 Aug 2021
12:00 PM
15
  • Other: Upload in Moodle
4. Final Assignment Research Project
30 Oct 2021
12:00 PM
50
  • Other: Upload in Moodle
5. Presentation 2
2 Nov 2021
No set time
10
  • Email: Lecturer
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
Edit Assessments Content

Required and Recommended Readings

Edit Required Readings Content

Required Readings

Edit Required Readings Content
There is no book of readings for this paper. Students are required to access the links provided to obtain copies of the required readings.
Edit Required Readings Content

Recommended Readings

Edit Recommended Readings Content
Specify the recommended readings for this paper.
Edit Recommended Readings Content

Other Resources

Edit Other Resources Content
Specify any other resources that students will benefit from accessing. You may like to include other learning resources such as online recordings etc.
Edit Other Resources Content

Online Support

Edit Online Support Content
If you require online support for myweb please email helpdesk at: wmshelp@waikato.ac.nz
Edit Online Support Content

Workload

Edit Workload Content
2x 2x hour workshop/seminar plus the time advised by your paper convenor for the extra workload.
Edit Workload Content

Linkages to Other Papers

Edit Linkages Content
Pre-requisites: ACCT301 and ACCT302, or at the discretion of the Chairperson of Department.
Edit Linkages Content

Prerequisite(s)

Prerequisite papers: ACCT301 or ACCT401 or ACCTN301 and ACCT302 or ACCTN302 or at the discretion of the Chairperson of Department.

Corequisite(s)

Equivalent(s)

Restriction(s)

Restricted Papers: ACCT502

Edit Linkages Content