CORPORATE ACCOUNTING (MODULE FROM MASTER OF SCIENCE IN PROFESSIONAL ACCOUNTING AND CORPORATE GOVERNANCE)

(1) The accounting concepts and Hong Kong Financial Reporting Standards (HKFRSs) underlying the different forms of business combinations, including: Group companies created on an acquisition and a merger basis, Associates (4.5 hrs) (2) Preparation of consolidated financial statements using the acquisition method of accounting for a group: Consolidated Statement of Financial Positions (8.5 hrs) (3) Preparation of consolidated financial statements using the acquisition method of accounting for a group: Consolidated Income Statement (5 hrs) (4) The Statement of cash flows for a group (3 hrs) (5) Equity method of accounting for an associate (3 hrs) (6) Translation of financial statements prepared under the functional currency to presentation currency (3 hrs) (7) The different arrangements for reorganization of a company’s capital structure under the relevant regulatory framework in Hong Kong (3 hrs) (8) Students’ presentation of project (6 hrs) (9) Final review and other in-class activities (3 hrs)