This course aims to:

1. develop students' conceptual skills and professional competence in the preparation and reporting of financial accounting information under generally accepted accounting principles (GAAP) in Hong Kong;
2. provide students with an in-depth understanding of the underlying accounting concepts and accounting standards governing the preparation of financial statements under Hong Kong GAAP for external users;
3. develop students' analytical skills in interpreting the financial accounting information; and
4. communicate, work and manage themselves effectively within a team environment.

*DEC element Final examination : Students will be assessed via the examination their understanding of concepts learned in class and textbooks and their ability to apply knowledge. 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.