Financial Accounting INTENSIVE - Introductory

Course Code: BFA102
Day: Sat Time: 10:00-12:50 Hours: 30 Sessions: 10 Semester: Spring Instructional Language: English Special Notes: This course has been specially designed to allow coverage of a comprehensive range of topics and ample time for in-depth discussion of case studies and for practical exercises. Location: Online English Proficiency Level: Intermediate

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Course Description

The purpose of this course is to help students develop an understanding of fundamental accounting concepts, methods, and principles. This course aims to give students detailed knowledge on the preparation of financial statements. In the field of accounting, there is no law that governs practice; instead General Accepted Accounting Principles (GAAP) govern rules for a country's accounting system. Over time, GAAP converge to form what is known as International GAAP, i.e. International Financial Reporting Standards (IFRS). In this course, we will focus on GAAP, along with the procedures used in generating the three principal financial statements: the Balance Sheet, now known as Statement of Comprehensive Position, the Income Statement, and the Statement of Cash Flows.

Learning Objectives

1. Discuss and explain how the Statement of Financial Position, Statement Financial Income and Statement of Cashflow interlink.

2. Apply and formulate double entries in the Statement of Financial Position.

3. Apply and formulate double entries in the Statement of Financial Income.

Who should take this course

Individuals who want to understand what happens in the financial statements, learn the detail workings of the financial statements and learn the terminology used by accountants should take this exciting and hands-on course.

Professional Training Certificate Elective Course For:


No required textbook


May May Ho

Instructor Biography

May May Ho qualified as a Fellow Chartered Accountant ("FCA") under the Institute of Chartered Accountants in England and Wales (ICAEW) in 2007 after training with Ernst and Young in London. She is a UK and Singapore Chartered Accountant and holds an MSc in International Business from the University of Lancaster, UK. She has experience in financial auditing at Ernst and Young before moving on to regulatory reporting at Merrill Lynch and later the Royal Bank of Scotland. Since 2011 she has embarked on an academic and writing career drawing on her experiences and expertise. Away from work May May enjoys fashion and travelling.