Accounting Theory

ACC30008 12.5 Credit Points Hawthorn, Online, Sarawak Available to incoming Study Abroad and Exchange students


  • One Semester or equivalent

Contact hours

  • 36

On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.

2022 teaching periods

Swinburne Online

Teaching Period 2

11 Jul 22 - 9 Oct 22

1 Nov 22

Last self enrolment:
24 Jul 22

5 Aug 22

Last withdraw without fail:
26 Aug 22

More teaching periods

Higher Ed. Semester 2

1 Aug 22 - 30 Oct 22

6 Dec 22

Last self enrolment:
14 Aug 22

31 Aug 22

Last withdraw without fail:
16 Sep 22

Aims and objectives

The primary aim of this unit is to provide students with an understanding of the theoretical framework underlying the discipline of accounting. This will entail a study of the major theoretical concepts and principles in accounting, and the manner in which these concepts and principles are applied in practice.
Students who successfully complete this unit will be able to:
1 Evaluate and discuss the role of regulation in financial reporting and the political forces at play
2 Evaluate and discuss whether information provided in financial reports is useful to investors and creditors
3 Apply a conceptual approach to the definition and measurement of assets, liabilities, income, revenue, and equity
4 Explain the role of positive accounting theory in explaining and predicting accounting policy choice, the behaviour of the capital markets and the behaviour of relevant individuals, including ethical issues that may arise
5 Research, analyse and discuss complex contemporary financial accounting issues, formulate well-reasoned and coherent arguments and reach well-considered conclusions in relation to those issues