Financial Accounting Theory and Policy


Professor Rowan Jones

Module Description:

The module examines, in a business context and primarily in the Anglo-American context (International Financial Reporting Standards/IAS, US GAAP and UK GAAP), the policy-making in financial accounting, income and value models, conceptual framework projects, and market-based research. 

Learning outcomes:

Upon successful completion of this module, the student should be able:

  • To explain the nature of financial accounting theory and policy, in historical perspective;
  • To understand models of income and value measurement, including fair value, in theory and in sets of GAAP;
  • To describe and critically evaluate conceptual frameworks of accounting;
  • To understand accounting research in the context of capital markets