|1.||ACT3101||Financial Accounting and Analysis||財務會計與分析||30|
Financial Accounting and AnalysisCEF Course Code
This course aims to provide students with the ability to understand and apply the accounting principles and techniques. Students would acquire the skills in preparation of financial statements from available information for various forms of entities. It also enables the students to apply the techniques to appraise and interpret the accounting information that are relevant for evaluating financial performance and decision-making.
- The Role and Principles of Accounting;
- The Double Entry Accounting System;
- Accounting for Inventories and Accounts Receivables;
- Accounting for Depreciation and Disposal of Non-current Assets;
- Books of Original Entry and Preparation of Trial Balance;
- Period End Adjustments and Preparation of Financial Statements;
- Partnership Accounting;
- Preparing Financial Statements for Limited Companies;
- Preparing Financial Statements for Manufacturers, Clubs and Societies; and
- Interpretation and Analysis of Financial Statements.
|2.||ACT4202||Cost and Management Accounting||成本及管理會計||30|
Cost and Management AccountingCEF Course Code
This course aims to provide students with knowledge of the nature and role of management accounting information in the organization. The areas of study include cost elements, job costing, contract costing, process costing and activity based costing. Standard costing will be discussed to illustrate its importance for planning and control.
- Overview of Cost Accounting;
- Cost Elements for Stock Valuation;
- Job Costing;
- Contract Costing;
- Process Costing;
- Activity Based Costing; and
- Standard Costing and Variances Analysis.
This course aims to provide students with knowledge about the basic principles of economics and its application to the real-world economic issues in relation to the economic management of the Hong Kong Special Administrative Region (HKSAR) and other countries.
- Introduction to Basic Concepts;
- Theory of Market and Production;
- Market Structure;
- Welfare and Efficiency;
- National Income Accounting;
- Money and Banking;
- Inflation and Unemployment; and
- International Trade and Finance.
|4.||BUM3000||Quantitative Methods for Business||商業實務計量方法||30|
Quantitative Methods for Business
Working with numbers is an important part of problem solving. This course is designed to provide a sound understanding of quantitative business techniques used in making decisions and inferences in the business world. Students are then able to use a wide variety of quantitative methods that have important and varied business applications.
- Financial Mathematics;
- Statistical Analyses;
- Sampling Techniques;
- Collection and Presentation of Statistical Data;
- Grouping and Tabulation of Data;
- Statistical Measures;
- Sampling Distribution of the Mean;
- Index Numbers; and
- Time Series Analysis.
|5.||LAW4102||Business Law and Practices||商業法與實務||30|
Business Law and PracticesCEF Course Code
This course aims to provide students with broad knowledge of the overall legal framework and major legal principles in which business in Hong Kong operates. Students will be able to apply the relevant rules and practices to business problems and practical situations.
- Hong Kong Legal Environment;
- Contract Law; and
- Contract for the Sale of Goods.
|6.||ACT3102||IT Applications in Accounting||會計資訊及軟件應用||30|
IT Applications in AccountingCEF Course Code
This course aims to provide students with practical IT knowledge and skills in accounting and financial modeling. Students would be required to attend workshops in practising spreadsheet and accounting software so as to gain hands-on experience in processing, presenting, organizing and analyzing accounting information. The features of AIS and its potential risks would also be discussed.
- Accounting Information System (AIS) and the Accountant;
- Excel Spreadsheet Applications;
- Setting up Accounting Systems for Financial Reporting using Available Accounting Software;
- Recording and Processing Accounting Transactions using Available Accounting Software;
- Producing Accounting Reports and Financial Statements using Available Accounting Software; and
- Potential Risks and Control in Using Accounting Software.
Each participant will be assigned a computer for practice.
|7.||ACT4103||Accounting Theory and Practice||財務會計應用||30|
Accounting Theory and PracticeCEF Course Code
This course aims to provide students with detailed knowledge of the financial reporting requirements of the regulatory bodies in Hong Kong. The principles for applying accounting standards to modern corporations will be covered.
- The Conceptual Framework for Financial Reporting ;
- Reports and Disclosures;
- Presentation and Disclosures of Financial Statements;
- Accounting Policies, Changes in Accounting Estimates and Errors, Events After Balance Sheet Date and Contingencies;
- Income Measurement and Revenue Recognition;
- Accounting for Government Grant, Construction Contracts and Intangible Assets;
- Accounting for Property, Plant and Equipment, and Investment Properties;
- Impairment of Assets; and
- Borrowing Costs.
|8.||BAM4105||Organization and Management||組織與管理||30|
Organization and ManagementCEF Course Code
This course examines the range of business skills and functions and will explore how these skills and functions are useful in business organizations.
- Organizational Management;
- Effective Control Systems;
- Marketing and Marketing Mix;
- Market Research Tools;
- Production and Operation Management in Manufacturing Business;
- Management in a Service Organization;
- Financial Management;
- Human Resource Management; and
- International Business.
|9.||ACT4203||Managerial Accounting and Control||管理會計與監控||30|
Managerial Accounting and ControlCEF Course Code
This course aims to equip students with the knowledge of the applicability of financial and non-financial information for planning and control of the operations of an organization. Such knowledge will enables students to apply management accounting theories in the areas of planning, control and performance evaluation and decision making.
- Cost Volume Profit Analysis;
- Decision Making and Incremental Analysis;
- Budgetary Planning and Control;
- Operational Performance Measurement;
- Capital Budgeting Decisions;
- Pricing Decisions and Cost Management; and
- Managing Inventory and Quality.
|10.||LAW4103||Company Law and Practices||公司法與實務||30|
Company Law and PracticesCEF Course Code
This course aims to provide students with working knowledge and legal principles of major business ownership structures and negotiable instruments for students to apply and solve most problems encountered in a business setting.
- Major Forms of Business Ownership Structure;
- Law of Partnership;
- Joint Venture;
- Legal Personality and the Nature of Company;
- Company Law; and
- Negotiable Instruments.
|11.||ACT4301||Hong Kong Taxation I||香港稅務(一)||30|
Hong Kong Taxation ICEF Course Code
The course provides participants with the framework and principles of taxation in Hong Kong with skills and techniques to approach, interpret and apply the taxing statutes to practical situations such as tax planning and computations.
- Hong Kong Taxation System and Tax Administration;
- Property Tax;
- Salaries Tax: Scope of Charge;
- Salaries Tax: Income from Office or Employment;
- Salaries Tax: Expenses and Deductions, Personal Allowances and Tax Computation;
- Salaries Tax: Husband and Wife;
- Returns and Assessments; and
- Objections and Appeals, Disputes and Tax Collection.
|12.||ACT4501||Auditing and Professional Ethics||審計與專業倫理||30|
Auditing and Professional EthicsCEF Course Code
This course aims to provide students with an understanding of the nature, objectives and process of an audit together with the regulatory and professional framework governing an audit and the conduct of an auditor. Students should be able to apply the knowledge in practical audits and to evaluate situation of dilemmas during their career in accountancy.
- Nature, Purpose and Scope of Audit;
- Regulatory Framework of Auditing;
- The Stages and Timing of an Audit;
- Audit Evidence and Documentation;
- Audit Planning and Analytical Review Procedures;
- Materiality and Audit Risk;
- Internal Control and Control Risk Assessment; and
- Professional Ethics.
|13.||ACT4401||Communications for Accounting Professionals||會計員傳意技巧||30|
Communications for Accounting Professionals
The expanding role of accountants in the changing business environment requires quality communications. This course aims is to provide students with a broad range of skills required for professional accountants’ interactions and effective communications within business context.
- The Communication Process;
- Communication in Business;
- Conversation Techniques;
- Language Proficiency;
- External Written Communication;
- Internal Written Communication;
- Effective Report-writing; and
- Business Meeting.
|14.||ACT4302||Hong Kong Taxation II||香港稅務(二)||30|
Hong Kong Taxation IICEF Course Code
This course aims to equip students with the knowledge and skills in solving practical taxation problems. Framework and principles governing the levy of profits tax would be discussed to enable students to determine the profits tax liabilities for different forms of business organizations. It also familiarizes the students with the tax provisions on personal assessment so as to assess the tax liabilities for total income.
- Profits Tax: Scope of Charge and Meaning of Trade;
- Profits Tax: Source of Profit;
- Profits Tax: Receipts and Expenditures;
- Computation of Assessable Profits;
- Basic Period and Provisional Profit Tax;
- Depreciation Allowances; and
- Personal Assessment.
||Auditing and Management Information Systems
Auditing and Management Information SystemsCEF Course Code
Today the need for professional accountants has two important aspects: auditors play an essential role in determining the truth and fairness of financial statements and could increase the credibility of information. On the other hand, accountants in practice are called upon to assist in the planning, selecting, implementing and managing IT. The course provides students with a firm grounding in the concepts of these two areas of an accountant’s work.
- Auditing Sales and Collection Cycle;
- Auditing Purchase and Payment Cycle;
- Audit Sampling;
- Completing the Audit and Audit Report;
- Internal Control and Auditing in an IT Environment;
- Information Systems and IT Applications;
- Electronic Commerce; and
- Selecting a Management Information System (MIS).
|16.||ACT4104||Advanced Financial Accounting||高級財務會計||30|
Advanced Financial AccountingCEF Course Code
This course deals with advanced aspects of financial accounting which provide students with further and deeper knowledge of the financial reporting environment, conceptual and regulatory framework in Hong Kong. There is an emphasis on the regulations and disclosures in the preparation and presentation of corporate financial reports, with further applications in analysis and evaluation of company financial position and performance.
- Corporate Group Structure and Consolidated Financial Statements;
- Accounting for Investments in Associates and Joint Ventures;
- Related Party Disclosures;
- Foreign Currency Transactions and Hedging;
- Accounting for Leases;
- Income Taxes;
- Cash Flows Statements; and
- Financial Analysis and its Applications.