This course aims to: 

1. engage students with the conceptual framework including the ethics component for financial reporting by entities;
2. provide students with an understanding of how the financial statements and reports are prepared on the application of appropriate accounting concepts and policies regarding the recognition, measurement and disclosure requirements with reference to the Law and Regulations of Hong Kong, and also the Hong Kong Financial Reporting Standards (HKFRS) and Hong Kong Accounting Standards (HKAS); develop students' analytical skills in evaluating and interpreting the financial accounting information.

Final examination:

Students will be assessed via the examination their understanding of concepts learned in class textbooks, reading materials, and their ability to apply subject-related 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.