Course 744N1 – Accounting in Emerging Economies

Your answer must be 2500 words in total excluding​ ​ any abstract, bibliography, or appendices.

Question 

Critically discuss the adoption and implementation of global accounting and auditing standards in national regulatory spaces. Analyse the institutional frameworks and arrangements that affect the diffusion of these standards in emerging economies.

Guidance: Promotion and implementation of global accounting standards in emerging economies often goes through two phases – the decision-making phase and the phase where standards implementation is enforced in the country. Both these phases could be discussed in the context of institutional frameworks of a country that facilitates the diffusion of global standards. Analysis of such frameworks would include a critical discussion of various political, legal and socio-economic factors that shape the decision-making process as well as the implementation of standards in these countries, role of key stakeholders, responses to financial scandals and impact on corporate governance mechanisms. This could include a comparative analysis of the institutional arrangements in two or more countries and effects of these arrangements on the adoption and implementation of global standards. Such analysis would convey different messages when analysed through different theoretical frameworks. Your essay should include:

  • An introduction to your essay
  • Specific literature review of the key points of focus in the essay and or theories that have been used to discuss these points.
  • Analysis of your key findings using an analytic/ theoretical framework or concepts (iv) Discussion of the key conclusions.

Further guidance on how you may approach this assessment and feedback on essay outlines will be provided via emails or skype/zoom meetings through appointment.

You should use the Harvard referencing system.

Marking Criteria

The marking criteria for this assessment is based on the standard marking guidelines for Business and Management Post Graduate work a copy of which is provided below.

Category Mark Check List Description 
High

Distinction

 

80 + High level of reflective learning

Advanced knowledge of subject area

Critically reflects on established literature and theory  Evidence of extensive or intensive and appropriate data collection and analysis

The work demonstrates a mastery of the subject that goes well beyond basic reading to critically explore alternative perspectives

The argument presented is well developed, complete and coherent, and is written in a compelling manner

 

    Well researched, written and argued in a compelling manner

Extensive research-level references

New insights emerging from reading research or student’s own experiences

Perhaps most importantly, an 80+ piece of work is characterised by a spark of creativity, or by new ideas and insights that emerge from the student’s reading and experience
Distinction

 

70 – 79  High level of reflective learning

Excellent knowledge of subject area

Extensive and appropriate use of literature

Evidence of extensive or intensive and appropriate data collection and analysis

Well argued

Arrives at innovative understanding

The work demonstrates excellent understanding of the subject that has been gained through a thorough critical analysis of themes and issues

It draws effectively on the relevant literature and concepts to build a comprehensive and cohesive argument

Work graded at 70 and above is characterised by persuasive reasoning backed up by appropriate illustrative examples

Merit

 

60 – 69  High level of reflective learning

Good knowledge of subject area

Uses a range of texts not just text books and including refereed journals

Evidence of appropriate data collection and analysis

Logically structured and argued

Demonstrates learning from the project

The work demonstrates proficient understanding of the subject gained from working with key sources  Major themes and debates in the extant literature are recognised and are at least referred to if not taken up completely throughout the project
Pass 50 – 59  Achieves reflective learning

Shows understanding of most of the issues relating to the subject

Uses texts and some journals

The work demonstrates a basic competence in the subject

It draws on some relevant literature, but provides only a limited critical analysis of this material

 

    Evidence of appropriate data collection and analysis but these are at the most basic level

The arguments developed in the project, the language used and the writing style are competent but are somewhat incomplete in places

Examples are used, but without a critical, analytical context

The arguments presented have some gaps

Work of this grade is characterised by sufficient coverage of the subject, but unsophisticated understanding and analysis

Marginal

Fail

45 – 49  There is a credible, if poor, attempt at all components of the project

Achieves reflective learning but does not grasp any wider perspective of the subject

Has read some texts but not really understood the concepts

Investigation and analysis falls short of pass standard, but could be raised to this standard if the student applies sufficient time and effort to revise their work

The arguments developed in the project, the language used and the writing style are not competent or incomplete

The work demonstrates only a limited degree of competence in the subject

It has some sense of academic debate and/or rational argument

There is a tendency towards reportage rather than any form of interpretation

Work of this grade is characterised by just acceptable comprehension in all elements, but the work could be improved to achieve a pass grade if the student puts in sufficient effort

Fail

 

0 – 44  Fails to achieve reflective learning

A major problem in one or more significant areas: literature, methodology, language, etc.

Lack of sufficient reading

Fails to extend beyond concepts and readings already taught and examined elsewhere  Poorly designed and superficial analysis

The work demonstrates a lack of understanding of the subject

There are significant gaps in the interpretation of literature and relevant concepts, and the reasoning presented is flawed, inconsistent, contradictory, or incoherent

    Argument is incoherent and/or inconsistent Unacceptable work is characterised by incompleteness and inadequate comprehension

Assessment notice

Students submitting essays and other coursework assessments should be aware that the penalties imposed upon students committing academic misconduct may include obtaining zero marks for the assessment unit, or even more severe penalties.