ACX3800 · Accounting for climate change

Overview

This unit focuses on the key role that accounting plays in addressing climate change issues. It provides opportunities to develop accounting competencies within the broader professional context that include, but are not limited to: (a) the communication of climate change issues in financial and non-financial reports; (b) the impact of accounting and assurance in addressing climate change; (c) the strategic perspective on climate change risks facing national and international corporations; (d) economic effects of disclosures and reporting; (e) importance of enforcement for real-effects of reporting regulation; (f) management compensation issues; (g) role of management accounting in analysis and decision-making, and; (h) the role of information and communications technology (ICT) in supporting sustainability.

Offerings

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

Learning outcomes

1. evaluate the role of accounting in addressing climate change and related issues
2. examine the historical and current national and international developments in accounting standard setting and assurance on climate change
3. evaluate opportunities and challenges of integrating information on climate change and associated risks into financial reporting, management information, and decision-making systems
4. understand how information and communications technology (ICT) (e.g., via data collection and analytics) can help address climate change issues, including green IT, social media, internet of things, and smart technologies
5. apply critical thinking, problem solving, team work, and communication skills to individual and / or group activities dealing with climate change issues.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.