Ce cours apparaît dans les formations suivantes :
• IÉSEG > IESEG Degree - Programme Grande École > Semester 2 > 2,00 ECTS

Pré requis

introductory accounting and auditing.

Objectifs du cours

1. understand the interconnected geopolitical and economic complexity that drive the IFRS and IAAS standards setting process, as well as, the response by audit and assurance services.
2. develop their problem-solving skills of contemporary professional practice problems.
3. realise the interplay between IFRSs and IAASs, and how to apply such insights to professional practice problems

Contenu du cours

This course provides an in-depth critical evaluation of the interplay between International Financial Reporting Standards (IFRS), and International Auditing and Assurance Standards (IAAS), within its historical, socio-economic, political and ethical context. The European Economic Crisis and the evolving Austerity measures, the Currency Exchange Wars, Leveraging and Fair-Value measurement, the US-International convergence challenge, the monopoly by the Big 4 Oligarchs, the evolving global pension crisis, and the implications of new innovations, such as: Internet of Things (IoT), RFID and Nanotechnology for cost control and investment - will provide the context within which some of the following topics will be examined in this lecture series: (a) The interconnected instability of global financial markets, that confronts regulators and practitioners when setting IFRSs and IAASs, and (b) The technical implications of such instability will be examined and illustrated using a number of professional practice problems.

Modalités d'enseignement

Organisation du cours

Méthodes pédagogiques

• Case study
• E-learning
• Interactive class
• Presentation
• Project work
• Research
• Seminar

Évaluation

100% Group Presentation

Bibliographie

• N/A - electronic resources only -

Ressources internet

• A mixture of internal and external electronic resources will be used.