History and evolution of Accounting; Agency Theory; Positive Accounting Theory; Normative Accounting Theory; The need for a Regulatory Framework of Accounting; Analysis and comparison of Conceptual Frameworks of Countries; Evolution of the Standard Setting Process towards Harmonisation - practical issues and difficulties; Agency theory revisited - Legitimacy and Stakeholder Theories; Voluntary disclosure - Corporate Social Reporting; Environmental Reporting, Corporate Governance, Auditing and Ethical issues; Behavioural aspects of Accounting and ultimate effectiveness of the Regulatory Framework.
