《Advanced financial accounting》Syllabus

Course Number:                   2310020710

Course Name:                  Advanced financial accounting

Instructors:                      Tong LIU

Required Text:                 Zhang Qingyu, Chen Xia, Liang Yaling. Advanced Financial Accounting [M]. Dongbei University of Finance and Economics Press,2023.

Course Description:             This course is an elective course for undergraduate students majoring in financial management. This course uses the teaching method of combining theory narration and case analysis to analyze the above contents, aiming at requiring students to understand the important role of advanced financial accounting in the financial management activities of enterprises, and requiring students to master the handling methods of important accounting matters of enterprises.

                                                                                                   Credit/Teaching Hours

Outline of UG CPC Topics Covered in this Course:    (2Credits/30 Teaching Hours)

Ⅰ. Foreign Currency Translation                             4 Teaching Hours

-Overview of foreign currency transactions

-Accounting treatment of foreign currency transactions

-Translation of foreign currency financial statements

Ⅱ. Contingencies                                         4 Teaching Hours

-The concept and characteristics of contingencies

-Recognition and measurement of contingencies

-Accounting for contingencies                                                                                        

III. Exchange of Non-Monetary Assets                       6 Teaching Hours

-Identification of non-monetary asset exchange

-Recognition and measurement of non-monetary asset exchange

-Accounting treatment of exchange of non-monetary assets

IV. Debt Restructuring                                    6 Teaching Hours

-The way of debt restructuring

-Accounting treatment of debt restructuring

-Report on debt restructuring

Ⅴ. Accounting Policies, Changes in Accounting Estimates and Correction of Errors

4 Teaching Hours

-Accounting policies and their changes

-Accounting estimates and their changes

-Correction of previous errors

Ⅵ. Events after the Balance Sheet Date              4 Teaching Hours

-Events after the balance sheet date

-Adjustment matters after the balance sheet date

-Non-adjustment events after the balance sheet date

Ⅶ. Income Tax Accounting                         4 Teaching Hours

-Temporary differences

-Recognition and measurement of deferred income tax

-Accounting of income tax expenses

Total (Teaching Hours)                                            32  

Summary of UG CPC Topics Covered in this Course:        (32 Teaching Hours)