Some basic knowledge of accounting techniques and financial statements is required.

After this course you should be able to: 1. Be comfortable looking through the financial statements and annual report 2. use financial statements to assess a company¿s performance 3. Write and present financial reports of professional quality 4. Make strategic decisions using financial statements with a consideration of professional ethics

Class 1: Basic elements of financial accounting. Readings: Slides, Ch. 1, 3, & 4 of Harrison et al. Class 2: The Cash flow statement Readings: Slides, Ch. 11 of Harrison et al. Class 3: Income statement, recognition of revenue and valuation of receivables. Readings: Slides, Ch. 3 & 5 of Harrison et al. Class 4: Accounting for inventories Readings: Slides, Ch. 6 of Harrison et al. Class 5: Accounting for long term assets Readings: Slides, Ch. 7 of Harrison et al. Group Assignment: To be announced Class 6: Accounting for financial investments and equity method Readings: Slides, Ch. 8 of Harrison et al. Class 7: Accounting for liabilities and shareholder¿s equity Readings: Slides, Ch. 9 & 10 of Harrison et al. Class 8: The rises of knowledge industry and sustainability issue, and accounting Readings: Slides, Ch. 7 of Harrison et al. Class 9: Financial statement analysis and people who analyze financial statements Readings: Slides, Ch. 12 of Harrison et al. Group Assignment: To be announced Class 10: Student's presentations

Lectures Problem-Based Learning - Cases Teamwork