ACCOUNTING THEORY

chapter

Topic

Class hours

CHAPTER   1

The   Development of

Accounting   Theory

1.1 The Early History of Accounting

1.2 Accounting in the United States since   1930

1.3 The Role of Ethics in Accounting

1.4 International Accounting Standards

3

CHAPTER   2

The   Pursuit of the

Conceptual   Framework

2.1   The Early Theorists

2.2   Early Authoritative and Semi-Authoritatve

2.3   The FASB’s Conceptual Framework Project

2.4   Principles-Based versus Rules-Based

2.5   Accounting Standards

2.6   International Convergence

6

CHAPTER3

International   Accounting

3.1   International Business Accounting Issues

3.2   The Development of Accounting Systems

3.3   Preparation of Financial Statements for Foreign Users

3.4   The International Accounting Standards Committee

3.5   Revising the IASB’s Constitution

3.6   The Uses of International Accounting Standards

3.7   The IASB Annual Improvements Project

3.8   The IASB-FASB Convergence Project

9

CHAPTER4

Research   Methodology

and   Theories on the

Uses   of Accounting

Information

4.1   Research Methodology

4.2   The Outcomes of Providing Accounting Information

4.3   The Relationship among Research, Education,

and   Practice

9

CHAPTER5

Income   Concepts

5.1   The Nature of Income

5.2   Income Recognition

5.3   Earnings Quality, Earnings Management, and FraudulentFinancial Reporting

6

CHAPTER6

Financial   Statements I:

The Income   Statement

6.1   The Economic Consequences of Financial Reporting

6.2   ncome Statement Elements

6.3   Statement Format

6.4   The Value of Corporate Earnings

3

Final Tests

**Case   Presentation (around 10 minutes for each person)

3

Final   Examination (Open Book Examination)

3

Total

42