course description for Contemporary Issues in Accounting in a B.Sc. Accounting program:

???? Contemporary Issues in Accounting

Course Description

This course exposes students to current trends, emerging practices, and challenges in the accounting profession. It examines the impact of globalization, technological advancements, regulatory changes, corporate governance, sustainability, and ethics on accounting practices. The course encourages critical thinking and the application of innovative solutions to modern accounting issues.

Course Objectives

By the end of this course, students should be able to:

1. Identify and evaluate emerging trends and challenges in accounting.

2. Analyze the impact of technology and globalization on accounting practices.

3. Examine corporate governance, ethics, and sustainability issues in financial reporting.

4. Understand regulatory changes and their implications for businesses.

5. Apply contemporary solutions to accounting and financial reporting challenges.

Course Content (Main Topics)

• Overview of contemporary accounting issues

• Impact of globalization on accounting standards and practices

• Technological advancements: AI, cloud computing, blockchain, and ERP systems

• Corporate governance and ethical practices in accounting

• Sustainability reporting and integrated reporting (ESG accounting)

• International Financial Reporting Standards (IFRS) updates

• Challenges in auditing and assurance services

• Regulatory frameworks and compliance in accounting

• Accounting for digital assets and cryptocurrencies

• Case studies on contemporary accounting challenges and innovations

Teaching Methods

• Lectures and seminars

• Case studies and group discussions

• Research and presentations on emerging accounting issues

• Guest lectures from industry professionals

Assessment Methods

• Continuous Assessment (Assignments, Quizzes, Participation) – 30%

• Case Study / Presentation – 20%

• Final Examination – 50%

Learning Outcomes

Upon successful completion, students will be able to:

• Identify and critically evaluate current and emerging accounting issues.

• Understand the impact of technology, globalization, and regulation on accounting.

• Apply ethical and sustainable practices in financial reporting.

• Analyze contemporary challenges and provide innovative solutions.

• Demonstrate awareness of trends affecting the future of the accounting profession.

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