Accounting in Business and Practice

ACT 3094BED

More information: Course Guide

ACCOUNTING IN BUSINESS AND PRACTICE

ACT 3094BED

More information: Course Guide

ACCOUNTING IN BUSINESS AND PRACTICE

Course Start Date

Aut 2025

Course Level

3000

Length in Terms

2 terms

Credits

18

Language

English

Fees ($) (including lab fees)

33,570

Future Terms

Quota and Schedule

Course Start Date	Course Level	Length in Terms	Credits	Language	Fees ($) (including lab fees)	Future Terms
Aut 2025	3000	2 terms	18	English	33,570

Quota and Schedule

Course Coordinator:

To be announced

Aims

The course aims to provide students with an introduction to the principles and purposes of accounting and its role in business management. It equips students with the basic knowledge, understanding, and skills of financial and management accounting.

Contents

The course covers the following topics:

Introduction to accounting
Essentials of double-entry bookkeeping
Accrual accounting concepts
Control over the ledgers
Preparing financial statements
Essentials of cost and management accounting
Management accounting applications
Company financial accounting in the context of markets, law and society
Understanding and preparing financial statements for single entity limited companies
Understanding cash flows and preparing cash flow statements
Legal issues and financial accounting
Financial accounting information and external stakeholders

Learning support

There will be eight two-hour live online lectures, 32 one-hour live online surgeries, and four six-hour compulsory face-to-face day schools.

The dates for the compulsory face-to-face day school(s) are as follows:

Session	Date
1	14 or 15 October 2023 (Saturday or Sunday)
2	2 or 3 December 2023 (Saturday or Sunday)
3	24 or 25 February 2024 (Saturday or Sunday)
4	13 or 14 April 2024 (Saturday or Sunday)

The timetable displayed above is provisional and is subject to change without notification. You should check the confirmed timetable via MyHKMU of the HKMU website (Current Students) before term starts.

Assessment

There are four assignments, four application-based assessments, lecture polls and one examination. Assignments should be prepared with Microsoft Word, and submitted to Turnitin for plagiarism checking via the Online Learning Environment (OLE).

Equipment

Students will need access to a personal computer with an Internet connection.

Set book(s)

Online study materials will be provided.