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MSc Accounting / Course details

Year of entry: 2023

Course unit details:
Elements of Market Based Accounting Research

Course unit fact file
Unit code BMAN73842
Credit rating 15
Unit level FHEQ level 7 – master's degree or fourth year of an integrated master's degree
Teaching period(s) Semester 2
Offered by Alliance Manchester Business School
Available as a free choice unit? No

Overview

Market based accounting research examines the relationship between accounting information and capital markets. Following major financial reporting scandals and the financial crisis, there is renewed recognition of the importance of capital markets to the growth and development of the wider economy. Accounting information influences the underlying efficiency and confidence of capital markets through the crucial roles it play in security valuation and corporate governance. As such, evidence and theories associated with market based accounting research contribute to important debates and decisions among academics, practitioners, and policy makers.

Some important issues in this area include, but are not limited to the following. Do financial statements contain useful information for security valuation and selection? What determines the behaviour of financial analysts and the usefulness of their forecasts and research? How do corporate accounting policy choices affect managerial accountability and capital acquisition? Can changes in disclosure regulations and accounting standards enhance corporate transparency? How do the institutional environment and reforms affect the relationship between accounting information and capital markets in leading emerging economies like China?

 Overall, the course unit builds students’ understanding of these and other interesting issues in market based accounting research, which also strengthens the foundation of students’ dissertation development.

 

Pre/co-requisites

BMAN73842 Programme Requirement: BMAN73842 is only available as an elective to students on MSc Accounting

Aims

The course unit aims to give students a general understanding of the core issues, concepts, methodologies, and evidence associated with market based accounting research.

It seeks to equip students with (i) the literature foundation that contributes to the development of MSc dissertation and/or PhD research proposal, and (ii) the background knowledges that are useful to their employability in the accounting and finance related professions.

 

Learning outcomes

  • Demonstrate knowledge of the key concepts, literatures, methodologies, and inferences associated with MBAR.
  • Formulate and evaluate research questions and designs, by synthesising the relevant intuitions, literatures, and methodologies.
  • Understand the strengths and weaknesses of empirical evidence acquired from the large sample quantitative analyses of accounting and financial market data.

Assessment methods

Written Examination (100%) 2 hours.

Feedback methods

Informal advice and discussion during lecture, responses to student emails, generic feedback posted on Blackboard regarding overall examination performance.

 

 

 

Recommended reading

All teaching material will be available through the Blackboard or University library.

Study hours

Scheduled activity hours
Assessment written exam 2
Lectures 20
Independent study hours
Independent study 128

Teaching staff

Staff member Role
Edward Lee Unit coordinator

Additional notes

Informal Contact Methods

Office Hours

 

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