| CODE | ACC5181 | |||||||||
| TITLE | Business Combinations and Reconstructions | |||||||||
| UM LEVEL | 05 - Postgraduate Modular Diploma or Degree Course | |||||||||
| MQF LEVEL | 7 | |||||||||
| ECTS CREDITS | 8 | |||||||||
| DEPARTMENT | Accountancy | |||||||||
| DESCRIPTION | The formulation, evaluation and the accounting treatment of capital reconstruction schemes as well as the issues involved in accounting for business combinations are specifically covered. Advances in the area of financial accounting are also discussed. The following topics are covered in the course: 1. Developments in Financial Reporting 2. Changes in Capital Structure 3. Business Combinations Study-unit Aims In this final year of the course, students would be able to understand the aspects involved in and the accounting treatment of business reconstructions and business combinations. They are also introduced to some of the more important current developments in financial reporting. Learning Outcomes 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: appreciate better the currently discussed future developments in the accounting environment, the more complicated business structures and changes in these 2. Skills (including transferable [generic] skills): By the end of the study-unit the student will be able to: formulate, evaluate and account for business combinations and reconstructions Main Text/s and any supplementary readings 1. Accounting Theory (Latest Edition) J. Godfrey, A. Hodgson, S. Holmes, A. Tarca; Wiley 2. Financial Accounting Theory (Latest Edition), C. Deegan; McGraw-Hill 3. Financial Reporting (Latest Edition), D. Alexander and A. Britton; Thomson Learning 4. Financial Accounting and Reporting (latest Edition), B. Elliott and J. Elliott, Prentice Hall 5. Advanced Financial Accounting (latest Edition), R. Lewis and D. Pendrill, Pitman 6. Financial Accounting (Latest Edition), A.R. Jennings, Thomson Learning 7. Relevant International Accounting Standards 8. Maltese Legislation and Local and EU Publications dealing with Financial Reporting 9. Relevant articles from international accounting journals |
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| RULES/CONDITIONS | Before TAKING THIS UNIT YOU MUST TAKE ACC2111 AND TAKE ACC2851 AND TAKE ACC3461 AND TAKE ACC4161 | |||||||||
| STUDY-UNIT TYPE | Lecture and Tutorial | |||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Monique Micallef |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2023/4. It may be subject to change in subsequent years. |
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