This course aims to develop managers' ability to:
1. interact with accountants and finance professionals with regard to the accounting craft;
2. appreciate the process of financial statement analysis;
3. assess the accountant's professional judgement from both the functional and ethical perspective that impact on the determination of profitability and financial situation of a business entity;
4: measure and evaluate investment projects;
5: apply financial and accounting tools in making business decisions within the legal, professional and ethical framework.

Final examination: Test students' understanding of conceptual and practical aspects of financial reporting and ethical issues.

Students are required to pass both coursework and examination components to guarantee to pass the course. Failing either component may lead to failure in the course. The passing mark is generally 50.