Page 148 - HKSYU Prospectus 2018-19

Shue Yan University Prospectus 2018-19

counting system, accounting standards and business environment in PRC and enable them to
prepare financial statements in a format required by the Ministry of Finance. The course also
identifies differences between Chinese accounting standards and Hong Kong and interna-
tional accounting standards. Topics include the development of PRC accounting standards
and regulations and IFRS convergence process, book-keeping skills for transactions under
PRC business environment, accounting treatments for PRC taxation; and preparation of
financial statements subject to disclosure requirements in PRC.

ACCT 495 China Taxation
1 Term; 3 Credits

This course aims to provide students with knowledge in PRC taxation law, tax admin-
istration and tax planning and enable them to identify and calculate primary indirect taxes and
direct taxes involved in various business transactions in PRC. Topics include the principles,
structures and administration of the PRC taxation system, key elements of PRC taxation, such
as, scope of charges, tax rates, sources and exemptions of income, deductible expenditures,
tax credit, tax returns and payments, value-added tax, consumption tax, customs duties,
stamp duties, corporate income tax, and individual income tax; and basic concepts of tax
planning using tax treaty between mainland and Hong Kong (such as, ADTA and CEPA).

DESCRIPTION OF COURSES (SERVICE COURSES)

ACCT 100 Financial Accounting
1 Term; 3 Credits

This is an introductory accounting course for non-accounting majors. The students are
expected to make use of financial accounting information for performance evaluation and
management of assets, liabilities and earnings. To achieve these purposes, the students will
learn the basic accounting concepts and book-keeping skills, prepare financial statements and
carry out financial analysis. Upon completion of this course, students will be able to know the
usefulness of accounting information, its cost and benefit; understand the basic accounting
concepts and follow them while performing book-keeping and period-end adjustments; write
up financial statements of a corporation; and evaluate the economic performance and
management efficiency of an organization by financial ratios.

ACCT 200 Cost and Management Accounting
1 Term; 3 Credits

This course aims to equip students with knowledge of cost and management accounting,
and develop students’ skills in costing, planning, cost control, performance evaluation, and
strategic cost analysis. Upon completion of this course, students will be able to explain cost
concepts, apply costing technique, prepare a master budget and a flexible budget for a
company, analyse and interpret variances between the budgets and actual results, identify the

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