Curriculum

This course establishes a framework for evaluating accounting choices and categorizing the strength of authority for particular accounting treatments and procedures. This is accomplished by exposing the students to both empirical and normative accounting research and by creating an awareness of the endogenous factors affecting accounting decisions. Contemporary accounting theories and research methodologies and findings in accounting are introduced to students. It is expected students should understand not only the theoretical foundation of accounting policy and practices but also the development of accounting research in general.

The course covers comprehensively all the key topics in financial accounting and reporting, including those in a group situation with subsidiaries, associates and joint ventures. On completion of the course, students should be able to report financial performance and financial position of business entities and groups, prepare statements of cash flows and changes in equity, following the latest requirements of the accounting standards. They should also be able to critically evaluate and resolve various issues on contemporary accounting, reporting and disclosure requirements.

This course introduces students to the concepts and techniques in making business financial decisions. The course focuses on the following issues concerning corporate financial managers. These include the decision over the means of financing (Financing Decision), the selection of investment projects (Capital Budgeting), and the making of short-term financial decisions (Current Asset Management). Such knowledge should be helpful to students to explore into other Finance subject areas such as Investments, Personal Financial Planning, Banking, Real Estates, Insurance, Derivatives, International Finance, and Risk Management. Although the corporate perspective will be adopted throughout the course, it will become apparent that the theories, concepts, and techniques are applicable to personal and public financial decision-making. Upon completion of the course, students are expected to gain an appreciation of the role of the financial discipline in the overall economic decision-making process.

The objective of this course is to develop an understanding of the use of information contained in financial reports in various business decision-making contexts, and how to integrate accounting and finance theories in valuing businesses. This course attempts to introduce some analytical tools commonly used by users of financial statements and business valuation techniques commonly used by professional business analysts and financial brokers. With these tools, users of financial statements will have a better understanding of the financial positions and operating performance of an enterprise. Equipped with a better understanding of the business valuation techniques introduced in this course, students should be able to conduct basic business valuation for different business settings in various industries.

This is another capstone course of the MScAAF programme. The course builds on the core elements or foundation of Finance and Accounting knowledge. The objective of the course is to provide students with knowledge to understand the international financial environment and its impact to Multinational Corporation. The course extends the corporate finance theory from local to international dimension. All traditional areas of corporate finance are approached from the perspective of Multinational Corporation.

This course analyses different principles in the valuation of financial assets including common, preferred stocks and bonds. The development of portfolio concepts and capital market theories are introduced. The issue of market efficiency is investigated while asset pricing models are discussed. Techniques on performance evaluation are introduced and performance of mutual funds is also examined. After completing this course, students should be able to perform sound investment and portfolio analysis.

This course analyses different principles in the valuation of financial assets including common, preferred stocks and bonds. The development of portfolio concepts and capital market theories are introduced. The issue of market efficiency is investigated while asset pricing models are discussed. Techniques on performance evaluation are introduced and performance of mutual funds is also examined. After completing this course, students should be able to perform sound investment and portfolio analysis.

This course aims to provide students with an understanding of strategic management accounting.  It examines the strategy formation processes, including data gathering structures and SWOT analysis.  Performance measurement within the strategic management process will also be examined.  This course also aims to provide an understanding of the management control systems as well as the use of management accounting information in business financial decision making process.  Particular attention is given to the management control environment and process.