About this Course
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3 reviews

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Flexible deadlines

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Beginner Level

Approx. 4 hours to complete

Suggested: 5 weeks of study, 1-2 hours/week...

English

Subtitles: English

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Beginner Level

Approx. 4 hours to complete

Suggested: 5 weeks of study, 1-2 hours/week...

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
1 hour to complete

Accounting and Business

Welcome to the first module of this course! In this module, You will learn (1) what accounting is and (2) how it contributes to the health and growth of a business and, in turn, the society. Furthermore, you will come across (3) the various forms of business setups and (4) how limited liability companies become the mainstream business concerns for corporate governance practices....
5 videos (Total 37 min), 1 reading, 1 quiz
5 videos
1.1 Module Introduction; Nature of Accounting5m
1.2 Inter-relationship amongst accounting, business and society6m
1.3 Forms of Businesses11m
1.4 Shareholders, managers and directors of a limited liability company9m
1 reading
Assessment Critieria5m
1 practice exercise
End-of-Module Quiz 130m
Week
2
1 hour to complete

The Accounting Profession and Roles of Accountants

We often hear that accounting is essential for businesses for various reasons, and that as a profession, accountants are looked upon to for protecting financial interests of stakeholders. In the second module, you are going to learn the institutional and regulatory frameworks of accounting professionals, that give accountants the creditability in their work, and brings the professionalism that they command. In addition, I shall show you not only the mainstream practices of accounting (1) Financial Reporting and (2) Auditing, but also other services that accounting professionals provide....
4 videos (Total 24 min), 2 readings, 1 quiz
4 videos
2.2 Regulatory framework of accounting4m
2.3 Mainstream practices of accounting6m
2.4 Other types of accounting practices5m
2 readings
Regulatory units of different countries10m
Websites of the "Big Four" CPA firms10m
1 practice exercise
End-of-Module Quiz 230m
Week
3
1 hour to complete

Ethics and Accounting Profession

From the previous modules, you have fully understood how accounting can help businesses perform for the betterment of society. Society may also demand businesses to be operated by conforming to his expectations by using accounting. Yet, the most crucial factor for success in the above is the quality of all parties concerned in regard to understanding the roles and also performing them faithfully. This quality is primarily founded on the notions of ethics. In this module, you will learn the notions of ethics. How it serves as the foundation for proper conduct of individuals, businesses and also professionals like accountants. You will have an opportunity to practice how to make ethical decisions using a classical case in this module....
5 videos (Total 26 min), 2 quizzes
5 videos
3.2 Ethical decisions in practice7m
3.3 Personal vs Business Ethics5m
3.4 Professional Ethics1m
3.5 Accounting as a profession and the related code of ethics2m
2 practice exercises
Ethical decision making practice - Ford Pinto Case30m
End-of-Module Quiz 330m
Week
4
1 hour to complete

Corporate Governance (CG) and Corporate Social Responsibility (CSR)

Ethical decisions made by companies are assured by way of corporate governance practices. In this module, I shall elaborate on the concept of corporate governance (CG), its latest development, and how the Board and corporate governance professionals like accountants function as key players in the practices. I shall also cover Corporate Social Responsibility (CSR), which is a thriving area of companies’ practice. ...
5 videos (Total 31 min), 1 quiz
5 videos
4.2 Latest development of CG practice and reporting10m
4.3 Key areas of CG practices4m
4.4 Roles of CG practitioners4m
4.5 Corporate Social Responsibility (CSR) and values to business5m
1 practice exercise
End-of-Module Quiz 430m
Week
5
3 hours to complete

Corporate Governance Case Study and Guest Interview

The Enron Case is one of the biggest corporate scandals in recent years. Enron turned from an acclaimed company into the most infamous company in the world overnight. There were a number of corporate governance issues, leading to the scandal. In this module, let us now take a look at the case, as to how it happened and how he changed the world of corporate governance practices in his aftermath. To conclude the course, I invited an accounting practitioner for an interview and discuss the multi-faceted role of accounting professionals in the new era....
4 videos (Total 30 min), 1 reading, 2 quizzes
4 videos
5.2 Corporate Governance issues of Enron11m
5.3 Lessons learnt from the Enron Case2m
Expert interview - Mr. Leo Lee (ACCA President 2017-18)10m
1 reading
Please rate this course!2m
1 practice exercise
Post-course survey5m

Instructor

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Dennis Chan Suk Sun

Associate Professor of Business Education
Department of Accounting

About The Hong Kong University of Science and Technology

HKUST - A dynamic, international research university, in relentless pursuit of excellence, leading the advance of science and technology, and educating the new generation of front-runners for Asia and the world....

Frequently Asked Questions

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  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

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