This course aims to provide students with an in-depth understanding of the underlying accounting concepts, standards and regulations governing the preparation of financial statements under Hong Kong GAAP for external users. Through a range of interactive learning experience, students will develop conceptual skills and professional competence in the preparation and reporting of financial accounting information under generally accepted accounting principles (GAAP) in Hong Kong. At the same time, this course aims to develop students’ analytical skills in interpreting the financial accounting information and enable students to appreciate the implications of earnings management.