Financial Accounting

ACT B311

Course Guide

ACT B311

Course Guide

Financial Accounting

Course Start Date

N/A

Course Level

N/A

Length in Terms

N/A

Credits

N/A

Language

N/A

Fees ($) (including lab fees)

N/A

Future Terms

Quota and Schedule

Course Start Date	Course Level	Length in Terms	Credits	Language	Fees ($) (including lab fees)	Future Terms
N/A	N/A	N/A	N/A	N/A	N/A

Quota and Schedule

Course Coordinator: Wong Chun Yin, BBA(Hons) (CUHK); MAcc (CUHK); MCG (HKMU); CPA; ACG; HKACG (CS,CGP)

Advisory prerequisite(s)
You are advised to have already studied ACT B210, or ACT B211 and ACT B212.

Aims
This course aims to introduce learners to the basic conceptual and regulatory framework for financial accounting in Hong Kong. It explains the standard-setting process and conceptual framework underlying the financial reporting in Hong Kong. It also introduces appropriate financial accounting treatment for various types of business enterprises in Hong Kong.

Contents
The course covers the following topics:

Conceptual framework of financial reporting
Preparing financial statements
Consolidated financial accounting
Interpreting accounts
Capital structure and profit distribution

Learning support
There will be four three-hour tutorials.

Assessment
There are two assignments and one examination. Students must use word processing software (such as Microsoft Word) to prepare the assignments, and submit the assignments via the Online Learning Environment (OLE).

Set book(s)
Elliott and Elliot (2022), Financial Accounting and Reporting, 20/E, Pearson.