Undergraduate Courses 2017-18

Introductory-level seminars and workshops on the accounting/auditing professions; development of life-skills including writing and other communication skills; and individual thinking skills; ethics for accountants. For SB&M students only.

Study of the application of generally accepted accounting principles to accounting for business organizations; evaluation of balance sheet accounts and the related effects on income determination.

For SB&M students, and programs that designate the course as a core/required course. Introduction to the concepts and principles of financial accounting, including the analysis, recording, and reporting of business transactions and preparation of financial statements.

Continuation of ACCT 201. Special problems in accounting for owner's equity and long-term liabilities including corporate bonds, leases, deferred taxation and pensions.

Financial accounting concepts and practices with particular emphasis on the analysis and interpretation of financial reports and data.

This is the first course of the management accounting sequence. It introduces concepts, accounting methods, and analytical tools related to managerial and cost accounting. Topics include fundamental cost concepts, job-order and process costing systems, CVP analysis, budgets and standards, segment reporting, and decision-making using cost information.

Sources and application of the law; torts; contracts; tendering; product, professional and criminal liability; employment law; commercial law; occupational health and safety law and regulations; workers' compensation; patents; intellectual property. (Note: For non-majors only; Engineering students will have priority in course registration.)

Seminars and workshops conducted by practitioners in the accounting, auditing and taxation areas; job search strategies and developments in social and interpersonal skills. For Accounting students only.

Addresses accounting issues associated with (1) intercorporate investment activity that conveys significant influence or control and (2) cross-border activities. The core topics addressed are business combinations, consolidated financial statements, associated companies, and foreign currency issues.

Analyses of a company's accounting policies, ratio and cash flows for the purposes of valuation and risk assessment. Course is essential for careers in financial management, investment analysis, credit analysis, business valuation, and consulting. SBM third year standing preferred.

This is the second course of the management accounting sequence. It covers advanced quantitative methods for management decision-making (decision trees, linear regression, learning curves, and linear programming), pricing and transfer pricing decisions, allocation of common and joint costs, variance analysis, performance measurement and incentive compensation.

The Hong Kong taxation system and its administration; taxation of individuals, partnerships and corporations; stamp duty; obligations compliance.

Objectives, standards and procedures of auditing; preparation of working papers; applications of statistical sampling; computer-assisted auditing and auditing of electronic data processing (EDP) services; professional liability and ethics.

The legal system and process of Hong Kong; law of contract; law of business entities, inclusive of partnership and limited company; negotiable instruments and sales; guarantees; indemnity and suretyship.

This course covers key elements of intellectual property (IP) law that can protect business, engineering and scientific innovations, and its implications for business operations and management decisions. We begin with an analysis of the competing policies underlying intellectual property laws and then move onto the basics of trade secrets, patent, copyright, and trademark law, as well as new international intellectual property standards. You will identify, analyze and apply appropriate legal principles to practical IP situations. This course also empowers you to understand the tensions inherent in IP rights and when IP law promotes innovation, or stifles it. This course is recommended for business, engineering, and science students at both the undergraduate and postgraduate levels.

Directed study of selected problems in accounting not covered in other courses.

Law relating to companies registered in Hong Kong; company formation and records; share and loan capital; management and administration; reconstructions; mergers and take-overs; liquidation and receivership.