Intermediate Accounting I [ACCT2005] (3 units)
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ACCT1005 Principles of Accounting I |
This course builds on the principles learnt in introductory financial accounting. An emphasis is placed on the conceptual framework of financial accounting. On the basis of this conceptual framework, this course also examines the principles and problems of valuation of the individual items of assets, liabilities, and capital. This course then investigates the impact of the valuation on the determination of revenues and expenses. As a whole, this course will provide students with an understanding of analysis and interpretation of financial statements. A comparison between Hong Kong Accounting Standards and International Accounting Standards is also covered.
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Intermediate Accounting II [ACCT2006] (3 units)
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ACCT2005 Intermediate Accounting I |
A detailed discussion is given on: the principles and problems of accounting for the individual items of assets, liabilities, and capital; the impact of valuation upon the determination of cost and revenue; and the analysis and interpretation of financial statements. A comparison between Hong Kong Accounting Standards and International Accounting Standards is also covered.
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Cost and Management Accounting I [ACCT3005] (3 units)
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ACCT1005 Principles of Accounting I |
This course aims to introduce students to the basic concepts and techniques in cost and management accounting; to develop students’ ability in using relevant accounting data for management policy determination, decision making and performance evaluation; and to enable students to design and evaluate different cost accounting systems for operational planning and control.
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Hong Kong Taxation [ACCT3006] (3 units)
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ACCT1005 Principles of Accounting I |
This course aims to introduce students the principles and administration of the income tax system of Hong Kong. This course discusses the general principles of taxation, property tax, salaries tax, profits tax, depreciation allowances, and personal assessment. It also provides students with basics of stamp duty. A brief introduction of general tax planning and Mainland China taxation system is also included.
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Advanced Accounting I [ACCT4005] (3 units)
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ACCT2006 Intermediate Accounting II |
This course focuses on the exploration of the core technical capabilities to prepare and analyze financial reports for combined entities as well as the rationales behind various accounting principles and standards relating to group reporting. The main topics include business combinations, consolidation of financial statements, intragroup transactions, investment in associates and joint ventures, and translation of statements of a foreign subsidiary. Local business environment and legal requirements are referred to within the discussions.
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Auditing I [ACCT4006] (3 units)
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ACCT2005 Intermediate Accounting I |
This course aims to provide students with an understanding of the basic concepts and principles of auditing, the statutory audit requirements, extant auditing standards recommended by the Hong Kong Institute of Certified Public Accountants, auditing in an Information Technology (IT) environment issues, internal audit and internal review, and non-audit engagements.
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Company Law [LLAW3005] (3 units)
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LLAW3007 Principles of Law |
This course aims to provide students with an understanding of the basic principles of company law including the formation of company, records, share and loan capital, management and administration, reconstruction and amalgamation, liquidation and receivership. On completing of this course, students should be able to solve some of the legal problems in practical business situations.
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