Master of Science in Professional Accounting and Corporate Governance
Programme
Master of Science in Professional Accounting and Corporate Governance
理學碩士(專業會計與企業管治)
Award Title
Master of Science in Professional Accounting and Corporate Governance
理學碩士(專業會計與企業管治)
Offering Academic Unit
Department of Accountancy
Mode of Study
Corporate Governance Stream: Part-time
Professional Accounting Stream: Combined mode

Normal Period of Study

PA Stream: 1 year (full-time)
PA Stream & CG Stream: 2 years (part-time/combined mode)

Maximum Period of Study

PA Stream: 2.5 years (full-time)
PA Stream & CG Stream: 5 years (part-time/combined mode)

Credit Units Required for Graduation

30

Programme Aims

The MSPACG programme aims to provide an active learning environment to develop students for leadership positions in the professional accounting and corporate governance area in Hong Kong and the Greater China region.


Programme Intended Learning Outcomes (PILOs)

Upon successful completion of this Programme, students should be able to:

  1. Demonstrate mastery of advanced knowledge and techniques in the areas of accounting and corporate governance.
  2. Critically analyze and resolve accounting and corporate governance issues with reference to professional standards and guidelines.
  3. Formulate professional solutions to ethical, legal, regulatory, or compliance issues in accounting and corporate governance practices.

Programme Requirements



1. Core Courses (12 credit units)
Course CodeCourse TitleCredit UnitsRemarks
AC5690Corporate Governance3
AC6551Advanced Taxation3
AC6560Accounting Information Systems3
LW5962Law Relating to Business and Companies3

2. Programme Streams (18 credit units)

Corporate Governance Stream
Core Courses for Corporate Governance Stream
Course CodeCourse TitleCredit UnitsRemarks
AC5603Corporate Financial Reporting3
AC6533Corporate Finance and Policies3
AC6691Companies and Securities Regulations and Practice3
AC6692Risk Management3
AC6693Boardroom Dynamics3
MGT6514Strategic Management and Business Policy3
Optional Electives*
Course CodeCourse TitleCredit UnitsRemarks
AC5521Cost and Management Accounting3
AC5890Business Management for Accountants3
AC5891Business Economics and Statistics for Accountants3
AC6541Auditing3
AC6780Professional Internship3Medium of Instruction: English and other languages appropriate to the attachment setting.

Professional Accounting Stream
Core Courses for Professional Accounting Stream
Course CodeCourse TitleCredit UnitsRemarks
AC5511Financial and Management Accounting3
AC5512Financial Reporting3
AC5521Cost and Management Accounting3
AC6513Corporate Accounting3
AC6531Financial Management3
AC6541Auditing3
Optional Electives*
Course CodeCourse TitleCredit UnitsRemarks
AC5890Business Management for Accountants3Professional Accreditation**
AC5891Business Economics and Statistics for Accountants3Professional Accreditation**
AC6691Companies and Securities Regulations and Practice3
AC6692Risk Management3
AC6693Boardroom Dynamics3
AC6780Professional Internship3Medium of Instruction: English and other languages appropriate to the attachment setting.
MGT6514Strategic Management and Business Policy3

*  According to the Academic Regulations, students who have met all the requirements to graduate from a programme cannot register in further courses, hence students are required to take the optional electives before their graduating semester.

 ** Prescribed elective courses for students with deficiencies in the business subjects for the purpose of registration with the HKICPA’s new QP.

AC5890 Business Management for Accountants: for students who may not have sufficient coverage of the subject area of Management and/or Marketing in their previous studies in meeting the exemption requirement of the new QP in respect to the Associate Module 4 Business Management.

AC5891 Business Economics and Statistics for Accountants: for students who may not have sufficient coverage of the subject area of Economics and/or Statistics in their previous studies in meeting the exemption requirement of the new QP in respect to the Associate Module 3 Business Economics.


3. Accreditation by Professional / Statutory Bodies

Hong Kong Institute of Certified Public Accountants (HKICPA)

Students admitted to MScPACG-PA are eligible for block exemption of all 10 Associate Modules after graduation (graduation within the last 5 years), provided that they have met the new QP’s admission competency requirements. The final decision rests with the HKICPA.

Students who are assessed individually by the HKICPA as having deficiencies in any of the business subjects (i.e. Economics, Management, Marketing and Statistics) can make up their deficiencies by taking the corresponding (prescribed) optional elective courses in order to be eligible for enrolment in the Professional Level of the new QP.

Students have the responsibility to check the syllabuses of the Associate Level Modules of the new QP, their official transcripts of previous studies and the syllabuses of subjects studied, to ascertain that their previous studies at the undergraduate level are on a par with the corresponding QP modules and hence qualify for module exemption.  Otherwise, students are required to study and pass the relevant (prescribed) optional elective course(s) if they would like to enroll in the new QP and obtain exemption of those relevant QP modules.

Only those students who have studied and passed in the subjects with substantial coverage relevant to Modules of the Associate Level of the new QP of HKICPA are eligible for exemption of the Modules concerned#

# The exemption is subject to fulfilling the requirements of HKICPA.

4. Additional Notes
     
Nil