Advanced Financial Reporting and Analysis I

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ACT B407

More information: Course Guide
ADVANCED FINANCIAL REPORTING AND ANALYSIS I

ACT B407

More information: Course Guide

ADVANCED FINANCIAL REPORTING AND ANALYSIS I

Course Start Date
Aut 2022
Course Level
Higher
Length in Terms
1 terms
Credits
5
Language
English
Fees ($) (including lab fees)
7,100
Future Terms
Aut 23
Quota and Schedule
Course Start Date
Course LevelLength in TermsCredits
Language
Fees ($) (including lab fees)
Future Terms
Aut 2022
Higher1 terms5
English
7,100
Aut 23

Course Coordinator: Dr Kevin Li, BBA (Hons), MSc (Econ) (HKUST); DBA (Macquarie University); FCCA, FCPA (HKICPA) , CPFAcct

Course Developer: Dr Leung Tak Yan

Advisory prerequisite(s)
You are advised to have already studied ACT B211 and ACT B212 (or ACT B210), ACT B331 and ACT B332 (or ACT B301).

Aims
The course aims to provide learners with the conceptual knowledge of and professional competence in preparing financial statements for group companies according to Hong Kong Financial Reporting Standards. The course also develops learners’ practical skills to account for business combinations and various group structures with subsidiaries, associated companies, joint ventures and foreign operations.

Contents
The course covers the following topics:

  • Group accounting incorporating investment in associates and joint arrangements
  • Accounting for foreign currency translation and cash flow statements
  • Overview of financial instruments
  • Related party disclosures

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).

Equipment
Students will need access to a personal computer with an Internet connection.

Set book(s)
A custom textbook will be provided.