Accounting Theory

Course Description

This course is designed to help students understand and analyze the theory of accounting theoretically and practically by focusing on the dynamic theory of accounting development with a focus on the study and interpretation of the conceptual framework of financial accounting from a theoretical perspective with interest in studying the concepts of recognition, measurement and disclosure with an analytical study of the most important problems applied to these concepts.

Course Aims

By the end of the course the student will be able to:

• Describes the systematic thinking to solve contemporary accounting problems
• Reviews problems related to measurement and accounting disclosure.
• It applies scientific skills related to accounting theory and how to build accounting standards.
• Uses techniques involved in critical thinking and creative solving of accounting problems, whether at the request of others or in new and unexpected situations.
• Contributes to finding constructive solutions to problems and through collective attitudes
• Apply methods of measuring accounting income and economic income.

Course Contents:

• The concept and nature of accounting
• The intellectual framework of accounting theory
• Concepts related to the measurement of income and capital
• Accounting Disclosure
• International Accounting Standards

Course ID: ACCT413