The course is divided into two parts: techniques and project. I will follow the traditional route by introducing all important accounting techniques based on Beams et al., (2012) across most of the semester. At the same time, I expect you to work on financial statements for a real-case on the group basis to make sure you fully understand how the theory is connected with practice.

I define “advanced accounting” as “advanced topics for complex entities”. The definition is not limited to the conventional perception “consolidation”, but to incorporate all important “insightful” conceptual framework that each student needs to grab in order to adapt easily to the unpredictable era in which accounting standards can change instantaneously.

We will cover IFRS 3 (2008) and IAS 39 this semester. Next semester, we will cover IAS 27 (2008), IAS 28, IAS 21 and IFRS 8. In addition, I will introduce all important accounting techniques based on Beams et al., (2009) across all semester. However, I do not expect you to be the number cruncher who puts all your efforts in doing hundreds of exercises.