This course aims to:

1. Develop students' conceptual skills and professional competence in the preparation and reporting of financial accounting information for a Group in accordance with Hong Kong Financial Reporting Standards ("HKFRSs").
2. Provide students with an in-depth understanding of the underlying accounting concepts and accounting standards governing the preparation of financial statements for a Group under HKFRSs for external users.
3. Appreciate the predictive role of contemporary accounting theory.
4. Provide students with a fundamental knowledge of accounting regulations in the Chinese Mainland.
5. Analyze and interpret critically the financial information from Group accounts.

Continuous Assessment: 50%

Examination: 50%

Examination Duration: 3 hours

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.